“Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation and allowed everyone to participate in economic opportunities.
“The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions — with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories.
So much harm was done to housing market when 5% tax levy on your grand fathers house even after 50 years. How much when you bought your house 50 years ago? When you son want to sell, he had to pay 5% tax on the 'profit' on the house you bought.
o even if you’ve never tried editing videos with a computer before, you might consider that you don’t have more than 20 minutes to master this application https://zslicensekey.com/movavi-video-editor-crack/
Still a gomen plagued by pack of hungry wolves in sheep's clothing
Full of self-serving parasitic political leaders who exploit religious issues for personal gain
Opportunistic leaders often use religious issues strategically to appeal to certain groups to make themselves relevant in the 21st Century; while disregarding the broader impact on societal harmony and economical prosperity of the nation
Still a political system that often prioritizes ethnic and religious considerations over genuine progress and inclusivity. It underscores the need for political leaders to prioritize unity, fairness, and inclusivity in their governance, transcending ethnic divides and fostering trust among all segments of society.
Still building a society of ...................of BULLIES
taking matters into one's own hands to abduct people and force them to apologize for their social media comments is not only criminal but also antithetical to the principles of democracy, free speech, and respect for individual rights. It is essential to uphold legal avenues for addressing grievances and fostering a culture of tolerance, accountability, and peaceful resolution of disputes.
Still building a society of ...................of criminals
Vigilante actions such as abduction and forced apologies bypass the legal system and undermine the rule of law. In a democratic society, disputes and grievances should be resolved through legal channels that uphold due process and protect the rights of all parties involved.
Boycotts can have severe economic consequences, especially for small businesses and workers who rely on these businesses for their livelihoods. A blanket boycott encouraged by political leaders without considering the broader economic impact is irresponsible and can lead to job losses and financial hardship for many individuals and families.
Political leaders who call for boycotts contribute to polarization and divisiveness within society. Instead of fostering unity and dialogue, they promote an "us versus them" mentality, which can further deepen social tensions and hinder efforts to find common ground.
Consumers have the right to make their own informed choices about where to spend their money based on their values and preferences. Encouraging boycotts based on political motives restricts this freedom of choice and can be seen as coercive or manipulative.
Rather than resorting to boycotts, political leaders should seek constructive solutions through dialogue, negotiation, and collaboration. Working with businesses and stakeholders to address concerns and find mutually beneficial solutions is a more productive approach than resorting to boycotts as a knee-jerk reaction.
Boycotts can have long-term effects on relationships between businesses, consumers, and communities. They can create distrust and animosity that may take years to repair, impacting the overall social and economic fabric of society.
Political leaders should exercise caution and responsibility when calling for boycotts, considering the broader implications on the economy, social cohesion, and individual freedoms. Encouraging constructive dialogue and seeking collaborative solutions is essential for addressing concerns effectively without resorting to divisive and potentially harmful tactics.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Income
10,396 posts
Posted by Income > 2022-12-04 20:16 | Report Abuse
K.I.S.S. lah…
The summary:
“Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation and allowed everyone to participate in economic opportunities.
“The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions — with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories.