surprise: investment is not the key to growth (by Easterly) * Investment cannot be the source of growth in the long run * The belief of increasing buildings and machinery is the fundamental determinant of growth = capital fundamentalism * Investment increases machine per worker would lead to diminish return in long run * Technological progress is the key to growth in long run because it increases the productivity of the machine itself rather than machine per worker * Labor-saving technology
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It’s easy for someone to say that they’re going to run a marathon‚ but the hard part is actually going through with it. Since my freshmen year I told myself that I would join SRLA‚ also known as Students Run Los Angeles. This was a club that trained you for the Los Angeles Marathon which is 26.2 miles. Every year I put it off whether it was because of sports or programs I was part of because I felt that I wouldn’t have time. It was until my senior year I realized that this was my last year to be
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The Course of True Love Never Did Run Smoothly In the play‚ A Midsummer Night’s Dream‚ written by William Shakespeare‚ it is true that “the course of true love never did run smoothly”. The two couples Hermia and Lysander and Helena and Demetrius both experience many difficulties in trying to attain love. The law of Athen’s‚ gender and Robin Goodfellow’s acts all play a role in the couples’ pursuit for love. The law of Athen’s in the play didn’t permit a female to marry the man of her choice
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Actor: 1. Encik Selamat- General manager of Excel poultry & meat Sdn Bhd 2. Encik Kassim- Manage the finance & marketing 3. Mr Choy- Credit Controller 4. Encik Azman- Executive director of Cold Gold Sdn Bhd (debtor) 5. Puan Azura- Account Executive 6. Mr Siva- Retail customer 7. Encik Munir- Former staff at finance department Issue: 1. Late 2008‚ operating cash running low. 2. Significant increase in short term borrowing. ↓ Increase financial obligation (interest
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Chong Jia Yi Y12 “The course of true love never did run smooth” - Shakespeare’s ‘A Midsummer Night’s dream’ In the play ‘A Midsummer Night’s Dream’ by Shakespeare‚ the quote ‘The course of true love never did run smooth’ is discussing the idea of true love and what it entails. The quote implies that when it is true love‚ it will not be easy‚ but‚ essentially‚ it is worth all the trouble. The use of the phrase ‘true love’ in the quote creates a very contradicting effect as the phrase is
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Rights and duties are correlative. The Hollywood film‚ "Run Away Jury‚" sensationally depicts a number of the processes that jurors experience during a criminal trial. View the film and then discuss‚ based on the chapter readings‚ what these rights and duties are that attach to jurors? Deontology is defined by dictionary.com as ethics‚ especially that branch dealing with duty‚ moral obligation‚ and right action ("Deontology‚" n.d.). The text suggests that as far as deontology applies to criminal
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Have you ever wondered what it is like to be run over by a bike? Well know! It was around six years ago that I started racing BMX bikes with my Dad while my sister Cece watched us. It was at The in South Elgin sports complex. My father is an amazing racer and once had his name in a magazine along with others‚ for his phenomenal skill. My Dad marched into my room. “Buddy‚ wake up‚ it is time to get ready to race.” he stated. I responded with “Ok‚ Is that bacon?” I could smell the sizzling bacon on
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University of Santo Tomas – Economics Society i SHORT-RUN AND LONG-RUN RELATIONSHIP OF SELECTED LABOR AND MACROECONOMIC INDICATORS OF EMPLOYMENT RATE: THE CASE OF NATIONAL CAPITAL REGION ___________________ By *Maynard Jasper R. Dolot *Mikhael D. Laurente *Ver Lyon Yojie V. Pilitro College of Commerce and Business Administration Business Economics Department University of Santo Tomas 1015 España Street‚ Sampaloc‚ Manila‚ Philippines November 17‚ 2012 ___________________ *Student
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Heroes Don’t Run: A Novel of the Pacific War Author: Harry Mazer Brennan Gaspard October 2‚ 2009 5th hour‚ Mrs. Reeves Heroes Don’t Run: A Novel of the Pacific War written by Harry Mazer. This is a fiction story with a lot of action and history. Reading this story made me feel like I was really there along the side of Adam during the Pacific war. Adam is determined to serve his country in honor of his father‚ a naval officer‚ who was killed in Pearl Harbor. Adam enlisted in the Marines
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Water Runs Dry – North American Water Crisis Collectively the United States is ranked as the greatest consumers of water worldwide; a startling fact for a country that cannot support its own unrivaled demands (Barlow‚ 2007). The United States is now crucially dependent on nonrenewable groundwater for a staggering 50% of its daily water usage (Barlow‚ 2007). In addition to such formidable numbers‚ citizens of the United States use and waste up 80-100 gallons or 454 liters of water per day (Perlman
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