...is funded in two ways. First of all, the city and county of San Francisco channeled all health care subsidies that had previously funded its community clinics into this one centralized initiative. In addition, medium or large businesses that do not already provide health insurance to their employees are required to pay into the pot for each hour of labor. Small businesses of up to 20 employees are off the hook; larger businesses have to pay up to...
...so with foreign demand, which had a 14.9 percent year-on-year decline. Weak enforcement of overcapacity regulations allows excess growth to continue which leaves unsold goods, deflates prices, and thus creates underperforming businesses. China cannot grow its way to prosperity simply by producing more, yet it operates its economy as if it can. There is a cap on China’s productive clout, which makes it incumbent on China to innovate and deve...
...nd middle classes creates a culture of spending that stimulates the economy. Workers outside of the upper classes generally spend a relatively high share of their income. When they spend their money on goods and services, the businesses they buy from profit. A strong middle class leads to more demand, which in turn leads to the expansion of industry. This expansion of industry creates jobs, creates goods, and creates more profit for business owne...
...the argument that the gangs’ racketeering and incessant disruption of Salvadorian commerce has asphyxiated the economy to the point that they needed to let it recover before plundering it again. The gangs collect “rents” from businesses in their territory. The rents are so steep that many businesses have gone bankrupt. As an immediate reaction to the truce, yields on Salvadorian dollar bonds fell to their lowest level in a year. Local businesses...
...ing new indus- tries and making sure our residents have skills for 21st century jobs. Columbia is a natural partner for the kind of effort we need — leveraging all the skills, talents and resources among the University, businesses and non-profits in the District. CPR: Columbia students are known for their political activism but do not particularly engage with local politics. How would you change this? CW: I think Columbia students would be...
...la model early in its implementation of economic and social programs. Once a nation’s HDI closes in on .8, the country should shift its focus to economic growth by opening markets and offerring incentives to entrepreneurs and businesses, attracting the ventures and jobs that will trap the minds and money healthy and strong society has produced. The first and most important social infrastructural step for a nation to take, though, is to develop it...
...profession-specific education?” In Norway, programs like the Female Future Initiative—a one-and-a-half year managerial seminar headed by the unlikely Confederation of Norwegian Enterprise—are becoming increasingly popular, as businesses temper their previous disgruntlement with the attitude: “If you can’t beat ’em, join ’em.” Elsewhere, major companies like Germany’s Deutsche Telekom, Europe’s largest telecommunications company, are recognizing a...
...iece in USA Today. But nothing substantial, nothing questioning it. So I decided I would write something and as I began to see the connections to a variety of issues to the changes in educational practices, to global forms of businesses, to other forms of so-called contingent labor like temping and freelancing and all of these things that exploded in the last 30 to 40 years… I felt ‘There’s a book here,’ and that actually internships represented...
...f the globe – an agent of elite entrenchment and brain drain, an untenable buoy to America’s lilting system of higher education funding, and a disincentive for educational development in the developing world. Universities are businesses. They are special businesses with unique concerns and philosophies, but they are not unthinking, idealistic actors. One cannot believe that vague promises of benefit to students and foreign nations alone would dri...
...for a new factory to be constructed—and even longer for it to become operational. Unlike in China, loans for U.S. green-technology start-ups are not prioritized or subsidized. Instead of wasting valuable time, these would-be businesses sometimes move their operations abroad—often to China. Evergreen Solar, a Massachusetts-based green technology manufacturer, opened a branch in China over a year ago after struggling for years in the U.S. and has...
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