supply and demand

Sex and the good employer

What would your employer do if he or she discovered that you had previously earned your living as what is now called a "sex worker"? Would he or she support you fully in your position? One employer in Britain did just that.

früher

seinen Lebensunterhalt verdienen

It's not envy, stupid!

Just as people have favourite words, they have “un-favourite" words, too. In my case, I go into a burning rage every time I hear this phrase: "the politics of envy". This is for a very simple reason: the description is totally inaccurate.

in Rage geraten

Neidpolitik

Parrot fashion

Maynard, my pet parrot, has been behaving very strangely this past week. If I didn't know him better, I would say he is in love. But there is more to it than that: he believes he has discovered that parrots are better investors than humans.

Hauspapagei (pet = Haustier)

Price and quality

Taxi drivers cannot reduce their prices. There are also clear restrictions on who can drive a taxi. The same is not the case for business communication trainers. As as result, we see strong price competition and weak quality standards.

Preiswettbewerb

EFA (2): Cobwebs and hogs

Supply and demand are important concepts in economics and are seen as the key to determining prices. But what happens when supply can respond only slowly to changes in demand? For example, in the case of pigs — or engineers.

Wirtschaftswissenschaften, Volkswirtschaft

Ingenieure, Ingenieurinnen

No space of my own

What is the best way of allocating parking spaces at a company. Should they go to those who are most senior? To those who have been at the company longest? Or to those who are willing to pay most. No, none of those is the best solution.

zuweisen, verteilen

hochrangig, in der Hierarchie hochstehend

A very special offer

When times are hard, firms have to make customers special offers if they want to sell their goods. This can include offering "three for the price of two", as I discovered recently at a concert in Munich.

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