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Language is a way of "mastering reality", providing intimacy and familitarity with the environment and the surrounding world, and enabling participation in the local community. Therefore, Weber argues that language loss causes a displacement of an entire culture, depriving the affected peoples of their community and way of life. [41]
A 2017 study argued that there were both positive and negative effects of inequality: "When inequality is associated with political instability and social unrest, rent-seeking and distortive policies, lower capacities for investment in human capital, and a stagnant domestic market, it is mostly expected to harm long-run economic performance, as ...
He argues that populist anti-globalization movements such as that of the Trump presidency, while accurately identifying certain negative effects of free trade agreements (e.g. NAFTA, which lowered prices for American consumers at the cost of local manufacturing jobs) other aspects of their critiques are flawed as are their prescriptions.
The positive effects of human capital flight are sometimes referred to as "brain gain" whereas the negative effects are sometimes referred to as "brain drain". According to economist Michael Clemens , it has not been shown that restrictions on high-skill emigration reduce shortages in the countries of origin. [ 33 ]
If you have had trouble saving for retirement, putting money away for a down payment, creating a budget, saving for family vacation or other money goals, don't feel too bad, said Brad Klontz, a...
The term pessimism derives from the Latin word pessimus, meaning 'the worst'.It was first used by Jesuit critics of Voltaire's 1759 novel Candide, ou l'Optimisme.Voltaire was satirizing the philosophy of Leibniz who maintained that this was the 'best (optimum) of all possible worlds'.
Ambition is a character trait that describes people who are driven to better their station or to succeed at lofty goals. It has been categorized both as a virtue and as a vice. The use of the word "ambitious" in William Shakespeare 's Julius Caesar (1599), for example, points to its use to describe someone who is ruthless in seeking out ...
The end of the holiday weekend added two fresh examples of a historic shift on Wall Street: More CEOs than ever are heading for the exits. Over the past 24 hours, the leaders of chipmaker Intel ...