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http://www.cracked.com/article_20322_6-ways-companies-are-secretly-screwing-job-applicants.html
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A. In general, libertarians accept that immigration (related to work and not welfare), contribute to the economic growth of a country. It is said that they do not steal jobs, on the contrary they create jobs and in particular, jobs for native workers. B. Also, it is believed that the jobs for natives...
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I'm in the interest rate chapter of Man, Economy, and State, and I am confused to how the interest rate gets determined. If the market was only the two people that he speaks of in section 3 (of CH 6), what would they land on for their equilibrium interest rate? The diagrams are linked here (page...
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I've got a question from "Man, Economy, and State with Power and Markets" on page 329. It says: "A specific factor is one suitable to the production of only one product. A purely nonspecific factor would be one equally suited to the production of all possible products. It is clear...
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The US government paying off the national debt by borrowing more money, and/or printing more US bonds and selling them. This is an over simplification, but when these existing US bonds come due, the US government redeems these bonds with US dollars that are raised by selling more freshly printed new...
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Dear bbnet: You have got it right! The US government is selling freshly printed paper US bonds that is being exchanged for our seed corn, instead of gold! Real wealth and real monetary value is created and/or acquired ONLY when the members of a family (or a nation, tribe, city-state, etc.) plant, grow...
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Dear Peter: There is nothing more saddening or devastating than mass unemployment such as existed in countries such as Mexico or Asia in the last century. I have visited Asia several times on Business in the last part of the 20th century. Crime, family abandonment, divorce, selling your own 12 year old...
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I keep hearing that America needs to produce more" stuff" instead of providing services. Could someone please provide a brief explanation as to why a robust manufacturing sector is important to the overall health of an economy? To put it another way, why would a service based economy be worse...
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When do you guys believe there will be another economic downturn and how severe it will be? How can Austrians predict this? and has what been the roll of gov "stimulus" to the economy? thanks~
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I have been under the impression that the government's inflationary policies would cause a devaluation of the dollar. This does not appear to be happening. Is it possible that it will not happen because other countries will continue to view the US economy as relatively stable, and so will continue...