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Tag: labor productivity

Do billionaires work a billion times harder than ordinary people?

Posted on July 5, 2024 By benign0 2 Comments on Do billionaires work a billion times harder than ordinary people?
Do billionaires work a billion times harder than ordinary people?

No they don’t. If that were true then we may as well ask if Singaporeans work ten times harder than Filipinos seeing that their per capita income is ten times that of the Philippines. As a matter of fact, billionaires and Singaporeans work less than the average Filipino. For that matter, rich people work less…

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Business

An entire generation of young Filipinos are growing up to be liabilities

Posted on June 29, 2024 By benign0 7 Comments on An entire generation of young Filipinos are growing up to be liabilities
An entire generation of young Filipinos are growing up to be liabilities

Certain “activists” take exception to a country’s people being referred to as “capital” to “invest in” in order to “get returns from”. This is in reference to the recently-published World Bank Philippines Human Capital Review report where some pretty damning facts about the collective ability of the Filipino people to compete in a rapidly-evolving world…

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Development, Education

“That could have been spent helping the poor” and other liberal ululations

Posted on September 5, 2020September 5, 2020 By benign0 5 Comments on “That could have been spent helping the poor” and other liberal ululations
“That could have been spent helping the poor” and other liberal ululations

When critics of any sitting Philippine government see money being spent on public works, the first thought always goes to “that money could have been spent helping the poor”. That’s just plain palamunin (mooch) mentality. This comes from a nefarious thinking habit of those liberal types who dominate much of the Philippine Opposition today —…

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Business, Economy

More labour regulation could motivate businesses to reduce reliance on cheap workers and be more INNOVATIVE

Posted on July 29, 2019 By benign0 4 Comments on More labour regulation could motivate businesses to reduce reliance on cheap workers and be more INNOVATIVE
More labour regulation could motivate businesses to reduce reliance on cheap workers and be more INNOVATIVE

Tightened labour contracting laws is good. It will force businesses to rely less on labour and be more reliant on technology and capital solutions to improve productivity. When the process of hiring workers is convoluted and highly-regulated, well, why bother, right? Tighter labour regulations and higher minimum wages could therefore kill lazy entrepeneurs and reward…

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Economy

Why are Chinese workers WORTH MORE than Filipino workers in the job market?

Posted on March 3, 2019 By benign0 12 Comments on Why are Chinese workers WORTH MORE than Filipino workers in the job market?
Why are Chinese workers WORTH MORE than Filipino workers in the job market?

For all the noise about the growing number of Chinese workers flooding the Philippines, very few “activists” have raised this most important question of all. Why do Chinese workers attract bigger wages than Filipino workers? Furthermore, it seems employers of Chinese workers in the Philippines are willing to take significant effort and incur the cost…

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Development, Economy, Money Talks

Depreciating Philippine peso could spell doom for social media “influencers”

Posted on June 18, 2018 By benign0 26 Comments on Depreciating Philippine peso could spell doom for social media “influencers”
Depreciating Philippine peso could spell doom for social media “influencers”

The spiralling of the peso to levels not seen in 12 years is alarming may pundits, many of whom use their large followings on social media to hawk imported goods or foreign-branded goods. These social media marketers face a possible hit on their online income streams if the traders of their goods themselves face dips…

Read More “Depreciating Philippine peso could spell doom for social media “influencers”” »

Economy, Glitz and Glamour, Lifestyle
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