Human Capital - British government puts a value on Britons

At the end of December 2011, the Office of National Statistics (ONS) published a report on what we are worth: "Human Capital Estimates 2010" This is not about what we own minus what we owe, but what we as animate objects, are worth. Our "Human Capital". The ONS' definition of Human Capital is:“the knowledge, skills, competencies and attributes embodied in individuals that facilitate the creation of personal, social and economic well-being.”You may be flattered to know that:"The UK’s human capital stock was worth £17.12 trillion in...

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Human Capital - British government puts a value on Britons

At the end of December 2011, the Office of National Statistics (ONS) published a report on what we are worth: "Human Capital Estimates 2010" This is not about what we own minus what we owe, but what we as animate objects, are worth. Our "Human Capital". The ONS' definition of Human Capital is:“the knowledge, skills, competencies and attributes embodied in individuals that facilitate the creation of personal, social and economic well-being.”You may be flattered to know that:"The UK’s human capital stock was worth £17.12 trillion in...

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Liebrary: Pension costs are ballooning out of control? Actually, the share of GDP going in pay and pensions has been DROPPING!

"Never waste a good crisis". Who first said it - I don't know. But using a crisis as a smokescreen to push through changes irrelevant to the crisis itself is a tactic used by leaders great and small. A golden chance to quickly make changes that under normal non-crisis conditions they could never get away with. From the head of a household cutting pocket money, to the head of a company cutting jobs and pay, to the head of a government cutting pension entitlements.Pensions are part of employees' compensation - that is "pay" to the likes of most of...

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Ripped-Off Britons Quiz - without answers

We present the Ripped-Off Britons Quiz.With forty multiple-choice questions on the rip-offs of the year, we aim to provide half an hour of fun and provoke half a pint of bile. Use the quiz at your next party or social gathering, or in a lesson at school. In this post the questions are given in a form that is easy for you to print off or display on your computer screen for all to see. We also provide the answers in a separate post - >>>>click here<<<<.Those that rip us off are confident that we will not hold it against them. Not because we forgive, but because we forget. Their scams make the news for a couple...

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Ripped-Off Britons Quiz - WITH ANSWERS!

This post gives the answers to the Ripped-Off Britons Quiz. If you want to see the quiz without answers then click  >>>HERE<<<1) The UK Government says it is up to shareholders to control excessive pay in companies. Who was the controlling shareholder in Royal Bank of Scotland who demanded that bonuses must be constrained in the year after the banking crash, but was ignored?a)      George Sorosb)      Prince Alwaleed bin Talal c)      The UK Government                 <<<CORRECT<<<2)...

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