MONDAY DIARY BY ISF ONDO 🌡️

Sam Ajide

A job is the best cure for poverty, and that's why economic development and job creation has been my principle focus. Infrastructure development is economic development. Up till now, economic development has always meant that people, instead of doing something, are enabled to buy it.

People tend to buy more at a lower price and less at a higher price. Also, people who produce goods or supply services tend to produce more at higher prices and less at lower prices. This juxtaposition constitutes equilibrium.

There is no such thing as philanthropy, because the money that the billionaires pretend to donate, belong to the people anyways.

The so-called socialist societies rediscover, under modified forms, the necessities inherent in any modern economic system. There, just as under capitalism, the ‘boss class’ lays down the law. Up till now, the planners, by reason of penury and of the decision to develop economic power as rapidly as possible, have not concerned themselves either with the productivity of the various investments or with the consumers’ preferences. It will not be long before they experience the perils of slump and deflation and the exigencies of economic arithmetic.

RESCUE MISSION 2023

Mom and Pop stores are not about something small; they are about something big. Ninety percent of all United States businesses are family owned or controlled. They are important not only for the food, drink, clothing, and tools they sell us, but also for providing us with intellectual stimulation, social interaction, and connection to our communities. We must have mom and pop stores because we are social animals. We crave to be part of the marketplace.

One of the first modern American clawback provisions was adopted by New Haven over twenty years ago. Now twenty states and over on hundred cities have clawback provision.

Local and state tax incentives are much less visible because they do not constitute a direct charge to local budgets and are often paid for by future generations through municipal debt. This relative invisibility makes it much less probable that the local political process can be counted on to prevent bad incentive deals.

If a nation is not able to monetize its assets, then it’ll have to beg for money from the developed parts of the world.

They are the material prerequisites of capability expansion and can help to support growth processes. Basic goods provision is part of minimalist approaches to ethics and systems of basic human rights, namely subsistence rights. Significant deprivations in basic goods and services are widespread, and we face significant challenges to overcoming these deprivations. Basic goods might not be what matters above all else, but they nonetheless matter a great deal.

The so-called socialist societies rediscover, under modified forms, the necessities inherent in any modern economic system. There, just as under capitalism, the ‘boss class’ lays down the law.

Up till now the planners, by reason of penury and of the decision to develop economic power as rapidly as possible, have not concerned themselves either with the productivity of the various investments or with the consumers’ preferences. It will not be long before they experience the perils of slump and deflation and the exigencies of economic arithmetic.

If you wanna see economic equity, start by supporting your local business. One small business in one small neighborhood, is the backbone of sustainable economic progress.