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there is no incentive to work hard

См. также в других словарях:

  • Labour economics — seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour… …   Wikipedia

  • Christianity — /kris chee an i tee/, n., pl. Christianities. 1. the Christian religion, including the Catholic, Protestant, and Eastern Orthodox churches. 2. Christian beliefs or practices; Christian quality or character: Christianity mixed with pagan elements; …   Universalium

  • Wally (Dilbert character) — Wally is a character from the Dilbert comic strip, a lazy employee always trying to work the system, although it is assumed that he is capable at his occupation. InspirationWally was inspired by a coworker of creator Scott Adams at Pacific Bell.… …   Wikipedia

  • Housing and Development Board — The Housing and Development Board (Abbreviation: HDB; Simplified Chinese: 建屋发展局; Malay: Lembaga Pembangunan dan Perumahan ; Tamil: வீடமைப்பு வளர்ச்சிக் கழகம் ) is the statutory board of the Ministry of National Development responsible for public… …   Wikipedia

  • Laffer curve — A curve conjecturing that economic output will increase if marginal tax rates are cut. Named after economist Arthur Laffer. Bloomberg Financial Dictionary * * * Laffer curve Laf‧fer curve [ˈlæfə ˌkɜːv ǁ fər ˌkɜːrv] noun ECONOMICS the idea… …   Financial and business terms

  • Principal-agent problem — In political science and economics, the principal agent problem or agency dilemma treats the difficulties that arise under conditions of incomplete and asymmetric information when a principal hires an agent. Various mechanisms may be used to try… …   Wikipedia

  • china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material …   Universalium

  • China — /chuy neuh/, n. 1. People s Republic of, a country in E Asia. 1,221,591,778; 3,691,502 sq. mi. (9,560,990 sq. km). Cap.: Beijing. 2. Republic of. Also called Nationalist China. a republic consisting mainly of the island of Taiwan off the SE coast …   Universalium

  • Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… …   Universalium

  • pottery — /pot euh ree/, n., pl. potteries. 1. ceramic ware, esp. earthenware and stoneware. 2. the art or business of a potter; ceramics. 3. a place where earthen pots or vessels are made. [1475 85; POTTER1 + Y3] * * * I One of the oldest and most… …   Universalium

  • Economic inequality — refers to disparities in the distribution of economic assets and income. The term typically refers to inequality among individuals and groups within a society, but can also refer to inequality among nations. Economic Inequality generally refers… …   Wikipedia

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