Contrary to popular belief, just one-quarter of practicing physicians in the United States are members of the American Medical Association.
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Income is simply compensation received in exchange for productive services supplied to others. People who earn large incomes provide others with lot of things that they value. If they did not, other people would not be willing to pay them so generously. There is a moral here. If you want to earn a large income, you had better figure out how to help others a great deal. The converse is also true. If you are unable and unwilling to help others very much, your income will be quite small.--Gwarthney (Kardashianism excepted)
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Former Pittsburgh Pirates shortstop Cole Tucker has gotten married to Hollywood star Vanessa Hudgens and the couple is honeymooning in Mexico, according to multiple reports.
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Conscription
Economists can apply their analysis to anything. With the new Napoleon film, they are reevaluating conscription. Conscription is more expensive than all-volunteer armies. Volunteers--soldiers who want to be there--are easier to train, are less prone to discipline costs, are better educated, and score higher on entrance exams.
Volunteers stay in the army longer. Often the draft takes men away from more productive wartime pursuits. And, of course, there is the economic injustice: drafted men work cheaper than volunteers.
And this point made by German economist Johann Heinrich von Thunen in 1850.
Here’s what he wrote:
'The reluctance to view a man as capital is especially ruinous of mankind in wartime; here capital is protected, but not man, and in time of war we have no hesitation in sacrificing one hundred men in the bloom of their years to save one cannon.
In a hundred men at least twenty times as much capital is lost as is lost in one cannon. But the production of the cannon is the cause of an expenditure of the state treasury, while human beings are again available for nothing by means of a simple conscription order. . . .
When the statement was made to Napoleon, the founder of the conscription system, that a planned operation would cost too many men, he replied: “[Ce n’est rein.] That is nothing. The women produce more of them than I can use.”'
Economists can apply their analysis to anything. With the new Napoleon film, they are reevaluating conscription. Conscription is more expensive than all-volunteer armies. Volunteers--soldiers who want to be there--are easier to train, are less prone to discipline costs, are better educated, and score higher on entrance exams.
Volunteers stay in the army longer. Often the draft takes men away from more productive wartime pursuits. And, of course, there is the economic injustice: drafted men work cheaper than volunteers.
And this point made by German economist Johann Heinrich von Thunen in 1850.
Here’s what he wrote:
'The reluctance to view a man as capital is especially ruinous of mankind in wartime; here capital is protected, but not man, and in time of war we have no hesitation in sacrificing one hundred men in the bloom of their years to save one cannon.
In a hundred men at least twenty times as much capital is lost as is lost in one cannon. But the production of the cannon is the cause of an expenditure of the state treasury, while human beings are again available for nothing by means of a simple conscription order. . . .
When the statement was made to Napoleon, the founder of the conscription system, that a planned operation would cost too many men, he replied: “[Ce n’est rein.] That is nothing. The women produce more of them than I can use.”'
Men as capital. Napoleon was an innovator.
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