Proverbs: -
Old (so-believed-rich -in-wisdom) PROVERBS; but OUTDATED (for long) hence not in currecy:
Honesty - PAYS- but no longer in same genuine currency or of equivalent value NOT even ITS
'fair value' ( a modern concept)
>>>>>>>>>>>>>>>
Random jottings (IN FLAT 10 MIN)
XTRACT
Wall Street pay is high because the financial business scales. Given the enormous amounts of capital sloshing around the world, a capable trader can earn billions with a few taps on his computer. If the bank doesn’t give him a piece of the profits, he will take his talents elsewhere. Luther begrudgingly conceded the point when he cited 1 Corinthians 9: “He who tends the flock should get some of the milk.” Of course, Podemos could someday win an election and impose a maximum wage. But would the shepherds stick around?
Greg Steinmetz is the author of The Richest Man Who Ever Lived: The Life and Times of Jacob Fugger, to be released Aug. 4. He grew up in Cleveland, Ohio, and spent fifteen years as journalist for publications including the Sarasota Herald-Tribune, the Houston Chronicle, New York Newsday, and The Wall Street Journal, where he served as the Berlin Bureau Chief and later the London Bureau Chief.
https://www.linkedin.com/pulse/us-cities-pushing-higher-minimum-wages-should-we-have-greg-steinmetz
Old (so-believed-rich -in-wisdom) PROVERBS; but OUTDATED (for long) hence not in currecy:
Honesty - PAYS- but no longer in same genuine currency or of equivalent value NOT even ITS
'fair value' ( a modern concept)
- - Is the BEST POLICY; only that, both the concepts - 'best' and 'policy' are any longer to be regarded to connote the same things, or of self-same shades, as ever before
முன்னாள் ஜனாதிபதி அப்துல் கலாமின் மறைவிற்கு பிறகு அவர்
பற்றிய பல விஷயங்கள் வெளிவந்த வண்ணம் உள்ளன....
www.dinamalar.com
>>>>>>>>>>>>>>>
Random jottings (IN FLAT 10 MIN)
Root cause x grass root cause- latter must be dealt with at
that level- not premature /anterior level
Proportion x out of proportion x commensurate – moderation
is the solution can be found in only reasoned moderation
Distance bet brain, eyes , ears- the longer the distance the
lesser is the faculty of perception
Short sight x long sight x distant range, long range,
Thinking, faculty to think, keep thinking, self-analysis - INTROSPECTION
Levels – of iq, eq, csq, so on
Cs touch stone of logic.
Logic corner stone of ant law, rule, regulation
Mind, mindset. Its potentials
for distortion,- unclear, haphazard, chaotic
New earths – million of light years- vision through eyes, or
years – but mind unbridled can transcend, distance no obstacle, travel any...
Quality x quantity- ever in inverse proportion inevitably , parallelograms
If were measured in money -, consequence poverty in quality
Ref. Invitation by All.Bank (TAXGURU) for concurrent and revenue
audit
Concurrent – tracking closely, following on the heels, every
change – never for better
Change – start with clean slate, misery added, endless perpetuation
Disadvantage of electronic media – say, e’mail , deleted at a
finger tip- may choose to be honest or x
Ref. Cb’s new bm mail – nothing in inbox, back to square oe,
start afresh, perpetuation>>>> procrastination
At the painful cost of, harrowing experience of repetition
Hypocrisy x turncoats’, dr jeckil and MR HYDE – two sides of figurehead, human being
Unabashed shamelessness ruling the roost, causa causans
< 'katcha' (not katchaDA !)- open to EDIT
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<<<<<<<<minima ? X MAXIMA >>>>>> a quandary,
an inherently irresolute, stubborn puzzle - to the core...?!
XTRACT
Wall Street pay is high because the financial business scales. Given the enormous amounts of capital sloshing around the world, a capable trader can earn billions with a few taps on his computer. If the bank doesn’t give him a piece of the profits, he will take his talents elsewhere. Luther begrudgingly conceded the point when he cited 1 Corinthians 9: “He who tends the flock should get some of the milk.” Of course, Podemos could someday win an election and impose a maximum wage. But would the shepherds stick around?
Greg Steinmetz is the author of The Richest Man Who Ever Lived: The Life and Times of Jacob Fugger, to be released Aug. 4. He grew up in Cleveland, Ohio, and spent fifteen years as journalist for publications including the Sarasota Herald-Tribune, the Houston Chronicle, New York Newsday, and The Wall Street Journal, where he served as the Berlin Bureau Chief and later the London Bureau Chief.
https://www.linkedin.com/pulse/us-cities-pushing-higher-minimum-wages-should-we-have-greg-steinmetz
Jerzy Kaltenberg
at Alcatel-Lucent New Zealand
one look at 'communist' China shows how this works in reality. Legislating a maximum wage has two possible outcomes: 1) an enforcable and enforced law means talent & capital flight 2) an unenforced/able law hurts honest high performers and does nothing for those who flout the law. As long as demand regulates wages, such a law is anticompetitive and useless.
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