首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Governments that want their people to prosper in the burgeoning world economy should guarantee two basic fights: the right to pr
Governments that want their people to prosper in the burgeoning world economy should guarantee two basic fights: the right to pr
admin
2013-01-12
81
问题
Governments that want their people to prosper in the burgeoning world economy should guarantee two basic fights: the right to private property and the fight to enforceable contracts, says Mancur Olson in his book Power and Prosperity. Olson was an economics professor at the University of Maryland until his death in 1998.
Some have argued that such rights are merely luxuries that wealthy societies bestow, but Olson turns that argument around and asserts that such rights are essential to creating wealth. "Incomes are low in most of the countries of the world, in short, because the people in those countries do not have secure individual fights," he says.
Certain simple economic activities, such as food gathering and making handicrafts, rely mostly on individual labor; property is not necessary. But more advanced activities, such as the mass production of goods, require machines and factories and offices. This production is often called capital-intensive, but it is really property-intensive, Olson observes.
"No one would normally engage in capital-intensive production if he or she did not have rights that kept the valuable capital from being taken by bandits, whether roving or stationary," he argues. "There is no private property without government—individuals may have possessions, the way a dog possesses a bone, but there is private property only if the society protects and defends a private right to that possession against other private parties and against the government as well."
Would-be entrepreneurs, no matter how small, also need a government and court system that will make sure people honor their contracts. In fact, the banking systems relied on by developed nations are based on just such an enforceable contract system. "We would not deposit our money in banks.., if we could not rely on the bank having to honor its contract with us, and the bank would not be able to make the profits it needs to stay in business if it could not enforce its loan contracts with borrowers," Olson writes.
Other economists have argued that the poor economies of Third World and communist countries are the result of governments setting both prices and the quantities of goods produced rather than letting a free market determine them. Olson agrees there is some merit to this point of view, but he argues that government intervention is not enough to explain the poverty of these countries. Rather, the real problem is lack of individual rights that give people incentive to generate wealth. "If a society has clear and secure individual rights, there are strong incentives(刺激,动力)to produce, invest,, and engage in mutually advantageous trade, and therefore at least some economic advance," Olson concludes.
What is the basis for the banking system?
选项
A、Contract system that can be enforced.
B、People’s willingness to deposit money in banks.
C、The possibility that the bank can make profits from its borrowers.
D、The fact that some people have surplus money while some need loans.
答案
A
解析
根据第五段第二句可知银行体系的基础就是银行与其客户之间的协议可以得到执行,选A。
转载请注明原文地址:https://www.kaotiyun.com/show/Kt9O777K
0
考博英语
相关试题推荐
(66)Prosperousalumnihelpedmake2006arecordedfund-raisingyearforcollegesanduniversities,whichhauledin$28billion
(66)Prosperousalumnihelpedmake2006arecordedfund-raisingyearforcollegesanduniversities,whichhauledin$28billion
Mostpeoplewhotravellongdistancescomplainofjetlag.Jetlagmakesbusinesstravelerslessproductiveandmoreprone【51】maki
Itisreportedthatthe______ofsomeofthejointventurescan’tmeettheirexpenditure.
Themotionofoceanwater______atdifferentdepthsbelowthesurface.
AsIrecallmyplanetriparoundtheworldlastJulyandAugust,Ithinkmydifficultywastheadjustmenttothedifferent_____
Havinggonethroughallkindsofhardshipsinlife,hebecameamanwithastrong______.
Parentstakeagreatinterestinthe______questionsraisedbytheirchildren.
Thequestionofwhetherwarisinevitableisonewhichhasconcernedmanyoftheworld’sgreatwriters.Beforeconsideringthis
Thecritic’sassessmentofthebookisthatitisbeautifullywritten.
随机试题
证据保全
A.劳力性心绞痛B.不稳定性心绞痛C.胃食管反流病D.十二指肠球部溃疡E.慢性胃炎男性,40岁,感朐骨后烧灼样痛。伴反酸烧心,服奥美拉唑有效
下列关于心源性呼吸困难的护理措施不妥的是
流行性脑脊髓膜炎败血症期患者皮肤瘀点的主要病理基础是
可诱导初始T细胞分化为Thl的细胞因子
已知用卡诺图化简逻辑函数,那么该逻辑函数的无关项至少有()。
某企业具有劳务分包资质,则下列工程中,可由该企业承接的是()
当软土层很厚,桩端达不到坚硬土层或岩层上时,采用的桩基为()。
给水管网中的管材、管件应进行现场外观检查,下列说法不符合检查要求的有()。
通过对学生的家庭作业或课堂练习、论文、日记、手工制作的模型、绘画等各种作品进行考查分析,并形成某种判断和决策的过程称为()。
最新回复
(
0
)