The aims of competition (anti-trust) laws are to ensure that consumers pay the lowest possible price (=the most efficient price) coupled with the highest quality of the goods and services which they consume. This, according to current economic theories, can be achieved only through effective competition. Competition not only reduces particular prices of specific goods and services - it also tends to have a deflationary effect by reducing the general price level. It pits consumers against producers, producers against other producers (in the battle to win the heart of consumers) and even consumers against consumers (for example in the healthcare sector in the USA). This everlasting conflict does the miracle of increasing quality with lower prices. Think about the vast improvement on both scores in electrical appliances. The VCR and PC of yesteryear cost thrice as much and provided one third the functions at one tenth the speed.

Competition has innumerable advantages:

• It encourages manufacturers and service providers to be more efficient, to better respond to the needs of their customers, to innovate, to initiate, to venture. In professional words: it optimizes the allocation of resources at the firm level and, as a result, throughout the national economy. More simply: producers do not waste resources (capital), consumers and businesses pay less for the same goods and services and, as a result, consumption grows to the benefit of all involved.

• The other beneficial effect seems, at first sight, to be an adverse one: competition weeds out the failures, the incompetents, the inefficient, the fat and slow to respond. Competitors pressure one another to be more efficient, leaner and meaner. This is the very essence of capitalism. It is wrong to say that only the consumer benefits. If a firm improves itself, re-engineers its production processes, introduces new management techniques, modernizes - in order to fight the competition, it stands to rea
  4 Tips to Maximize Your Dollars
  Every now and then, I come up with a bunch of tips that are helpful, but not significant enough to write about at length. This week was one of those times. Here are four financial tips that might make a difference in your pocketbook:If you’ve got your money sitting in a savings account, you might as well stuff it under your mattress. Some banks are paying only .2% on your money. That’s almost nothing. So it’s time to find a better way. I’ve told you in the past that many local banks offer short-term CDs that pay out about 5.5% to 6%. But if you want a straight savings account, check out INGdirect.com. They offer a great online savings account that’s paying 4.5%. In today’s world, that’s about as good as it gets.Gold has been a great investment the last few years. If you decide to buy some, be careful! There are plenty of scam artists and charlatans out there in the gold business. Recently, a new type of “money” has made the circles that you need to be aware of. It’s called the Liberty Dollar. The thought behind the Liberty Dollar is interesting. A company called “Norfed” makes the dollars. The company claims that each dollar is backed by silver and gold, which it keeps locked in a vault in Idaho. The trouble is, the Justice Department says the Liberty Dollars are illegal. So if you try to pay for something with these coins, you likely will be arrested. I’m all for “just weights and measures,” but according to our government, these dollars aren’t worth the gold that supposedly backs them.It’s tax time, and we all need to maximize our charitable contributions to lesson our tax burden. Bankrate.com says, “If you think your tax deduction for charitable contributions ends when you write a check to your church or drop that box of clothing off at the Salvation Army, think again. You may be cheating yourself. The Internal Revenue Service allows several different ways to take tax advantage of your goodwill….”And, finally, if you’re getting a tax refund this year, here are a few things to consider. First, increase the number of deductions you claim on your W-4 form. You don’t want to give the government an interest-free loan – and that’s what a tax refund is. You overpaid your taxes last year and the government doesn’t give the excess back until you file your taxes. Second, don’t go on a spending spree with it. Instead, pay off debt. If you don’t have any debt, invest it. If you stick it in your IRA, it will give you a break on next year’s taxes.
  and services - it also tends to have a deflationary effect by reducing the general price level. It pits consumers against producers, producers against other producers (in the battle to win the heart of consumers) and even consumers against consumers (for example in the healthcare sector in the USA). This everlasting conflict does the miracle of increasing quality with lower prices. Think about the vast improvement on both scores in electrical appliances. The VCR and PC of yesteryear cost thrice as much and provided one third the functions at one tenth the speed.

  Competition has innumerable advantages:

  • It encourages manufacturers and service providers to be more efficient, to better respond to the needs of their customers, to innovate, to initiate, to venture. In professional words: it optimizes the allocation of resources at the firm level and, as a result, throughout the national economy. More simply: producers do not waste resources (capital), consumers and businesses pay less for the same goods and services and, as a result, consumption grows to the benefit of all involved.

  • The other beneficial effect seems, at first sight, to be an adverse one: competition weeds out the failures, the incompetents, the inefficient, the fat and slow to respond. Competitors pressure one another to be more efficient, leaner and meaner. This is the very essence of capitalism. It is wrong to say that only the consumer benefits. If a firm improves itself, re-engineers its production processes, introduces new management techniques, modernizes - in order to fight the competition, it stands to re
    Finding Profitable Niche Ideas
    When starting a home based internet business it is really a good idea to think backwards at first.You should see if there is a market for what you are planning to sell or write about before you start investing your time making your site.Since the majority of people find web pages based on searching for them you will want to find good key terms to build your site around.For this reason it is recomended to first develop an understanding of how to find a profitable niche idea.This will save you from your page being lost in Internet directories with other sites selling or doing the exact same thing.To sum up what a profitable niche is, consider these points:It is:-An area of the Internet that is currently underdeveloped-Many people want the information in the topic that is underdevelopedSo by finding a profitable niche you can really be in a position to get a lot of traffic.More traffic is better for your selling and/or promoting.Building a web site around a profitable niche will generate $ for you. It is a simple concept really.Here is an example of a profitable niche and the information that you should research along with it; I send a great profitable niche idea out every month in my free newsletter (you can sign up by visiting my site):KEYWORD/PHRASE: cheap web hostCOUNT: 253,382PAGES: 91,400,000COMPETITION: 137,000RATIO: 0.54The keyword/ Phrase are the keywords that you should consider building your site around, the count is how many people searched for these keywords in the last 60-100 days. The competition is how many sites there are with that info on them.These statistics can be found out with most keyword research tools on the Internet.One of the best ones that I've found and one I recommend is nichebot .com it is a great free service that anyone new to keyword analysis should definitely check out!This niche above looked particularly tempting to me and if I wasn't busy building a directory of the best canadian affiliate programs I would definitely be building one centered on these keywords!Well, I hope this article was helpful for you. Building a site around a profitable niche not only will be good for your walet but it will also make the internet grow in a way that it is benificial to users too!Thanks for reading and good luck making your money! :)
    rovement on both scores in electrical appliances. The VCR and PC of yesteryear cost thrice as much and provided one third the functions at one tenth the speed.

    Competition has innumerable advantages:

    • It encourages manufacturers and service providers to be more efficient, to better respond to the needs of their customers, to innovate, to initiate, to venture. In professional words: it optimizes the allocation of resources at the firm level and, as a result, throughout the national economy. More simply: producers do not waste resources (capital), consumers and businesses pay less for the same goods and services and, as a result, consumption grows to the benefit of all involved.

    • The other beneficial effect seems, at first sight, to be an adverse one: competition weeds out the failures, the incompetents, the inefficient, the fat and slow to respond. Competitors pressure one another to be more efficient, leaner and meaner. This is the very essence of capitalism. It is wrong to say that only the consumer benefits. If a firm improves itself, re-engineers its production processes, introduces new management techniques, modernizes - in order to fight the competition, it stands to re
      Services to Reduce Debt
      Most of the time, a person will admit to having a problem dealing with his debts only when his creditors start calling him up for payments and his bills from the utilities and credit card companies begin to pile up. He will not admit to having a problem while he is still ahead and had an opportunity to reduce his debt obligations.It is encouraging to know, though, that although you might not be able to control and strike a balance in your financial situation, professional help is available for struggling debtors like you. There are a number of companies now that specialize in extending services like debt consolidation, debt reduction, debt management, and debt elimination. The primary purpose of all these debt methods is to help put the debtor back on his feet so that he may meet the obligations he has incurred.One of the more popular debt services is debt consolidation. Under this method, a person is extended a personal loan in lieu of all the multiple loans he has. In essence, all your existing loans are combined or consolidated to just a single loan. The advantage of taking on this service is that the interest rate imposed is lower than the average of the rates on your previous loans. In addition, you will be transacting with only one institution and normally, the period of payment is longer depending on your capacity to repay. Debt reduction and debt elimination are more aggressive methods in reducing your debts. In the United States, this will involve filing under the bankruptcy law.For your credit cards concern, you may seek the help of the institution that issued the card itself and explain your dilemma. In most cases and after making them understand the difficulty you are encountering, the credit card company might grant you a moratorium, suspend the interest rates or alter your payment scheme to accommodate your situation.
      : it optimizes the allocation of resources at the firm level and, as a result, throughout the national economy. More simply: producers do not waste resources (capital), consumers and businesses pay less for the same goods and services and, as a result, consumption grows to the benefit of all involved.

    • The other beneficial effect seems, at first sight, to be an adverse one: competition weeds out the failures, the incompetents, the inefficient, the fat and slow to respond. Competitors pressure one another to be more efficient, leaner and meaner. This is the very essence of capitalism. It is wrong to say that only the consumer benefits. If a firm improves itself, re-engineers its production processes, introduces new management techniques, modernizes - in order to fight the competition, it stands to re
      Give Better Presentations By Limiting The Amount Of Text On Your Slides
      Your audience cannot both listen to you and read your slides at the same time. Therefore, you should not show too much text on your slides. You will find that the best presenters hardly use text at all in their slides. It is useful to push technical, complicated or textual data into a handout.When you do write text on your slides, do not write out everything that you will say! Use text to write down a simple, brief statement that can serve as a summary or introduction to what you will talk about. The text must not tell the complete story – otherwise your audience would be better served if you simply emailed them your presentation. The slides should not be like subtitles on the TV – they should not be a text version of what is already coming out of your mouth.Slides should be used to support your presentation. They should not be able to stand on their own. They should not serve any purpose outside of the context of your live presentation. Presentation slides are ephemeral – something unique to that moment in time. Once your presentation is over, the purpose of your slides’ existence is over.The best slides may have no text at all. This may sound crazy given the dependency of text slides today, but the best slides will be virtually meaningless with out the narration that you provide. Remember, the slides are meant to support the narration of the speaker, not make the speaker superfluous.If after my presentation someone ever asks me to email them a copy of my slides, I find this to be a great tragedy. Because it means that the person will be able to understand my slides from my presentation alone, which raises the question of whether I really needed to be there at all, and whether my presence actually added anything to the audience’s experience.The bottom line: If your audience can understand your presentation from your slides, do you need to be there?
      e failures, the incompetents, the inefficient, the fat and slow to respond. Competitors pressure one another to be more efficient, leaner and meaner. This is the very essence of capitalism. It is wrong to say that only the consumer benefits. If a firm improves itself, re-engineers its production processes, introduces new management techniques, modernizes - in order to fight the competition, it stands to reason that it will reap the rewards. Competition benefits the economy, as a whole, the consumers and other producers by a process of natural economic selection where only the fittest survive. Those who are not fit to survive die out and cease to waste the rare resources of humanity.

    Thus, paradoxically, the poorer the country, the less resources it has - the more it is in need of competition. Only competition can secure the proper and most efficient use of its scarce resources, a maximization of its output and the maximal welfare of its citizens (consumers). Moreover, we tend to forget that the biggest consumers are businesses (firms). If the local phone company is inefficient (because no one competes with it, being a monopoly) - firms will suffer the most: higher charges, bad connections, lost time, effort, money and business. If the banks are dysfunctional (because there is no foreign competition), they will not properly service their clients and firms will collapse because of lack of liquidity. It is the business sector in poor countries which should head the crusade to open the country to competition.

    Unfortunately, the first discernible results of the introduction of free marketry are unemployment and business closures. People and firms lack the vision, the knowledge and the wherewithal needed to support competition. They fiercely oppose it and governments throughout the world bow to protectionist measures. To no avail. Closing a country to competition will only exacerbate the very conditions which necessitate its opening up. At the end of such a wrong path awaits economic disaster an