Book Review The General Theory Of Employment Interest And Money by John Maynard Keynes

It seems that most editorials about John Maynard Keynes are have an tremendous political slant and are generally done by those who have never even read this book. Primarily they are against his core conclusion that broadened government participation is required in the economy for stabilization functions. The key to comprehending Keynes is the idea that at unique times in the business cycle, an economy can become over-productive (or under-consumptive) and consequently, an agressive spiral is started that results in considerable layoffs and cuts in production as businesses try to balance aggregate supply and demand.

Thus, full employment is simply one of several or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to enhance or spark demand to generate full employment. This something could possibly be business investment but The General Theory Of Employment states because of the logic and unique characteristics of investment choices, it is less likely to rapidly reestablish full employment.

Keynes logically seizes upon the public budget and government expenditures as the shortest way to restore full employment. Borrowing the money to fund the deficit from private households and businesses is a fast, direct approach to restore full employment while at the same time, redirecting or transfering off the funds from the private sector which prompted the over-production in the first place. This book is essential to understand modern economics.

There are many things The General Theory Of Employment and Keynes was right about as well as completely wrong about. However, understanding his perspective is important when weighing alternative viewpoints. It is also important to compare his ideas with the actions of governments. You will at times see massive deviations from his theory into areas that he never suported to such extent that he wrote an open letter to FDR protesting his actions while trying to recover from the Great Depression.

About the Author: Walter provides over a decade of market information, economic knowledge and other great book reviews on his website http://bidhitter.com.

Copyright 2010 BIDHITTER

Unfair Dismissal from employment

Many employees are facing different types of problems from the employers which is not related to them or not for their mistake. Sometimes they will get fired from job for reasons that do not apply for them. Have you been forced to leave the job for petty reasons? You may have a cause of action against the employer for unfair dismissal if it is not the case.

The exact definition of unfair dismissal is when an employer action is the termination of the employment contract is contrary to the Employment Rights Act 1996. For example, if you were fired without reasonable cause or dismissal if your employer has not followed the correct procedure or even if you were fired for cause automatically unfair, such as maternity leave.

There are some that are automatically unfair dismissals and if you feel any of these situations, it is most likely a case of legal action. If your employer has completed its work in trying to exercise a legal right such as maternity leave, minimum wage, time off for public service as a juror or parental leave, must verify their claim arose and then continue with the action the right way. If you feel you have been discriminated against on grounds of sex, race, sexual orientation or disability, do not be intimidated by the job. Unfair dismissal is taken very seriously by a court and must be taken seriously by the employer as well.

A claim for unfair dismissal must be removed within three months after the last day of employment in order to solve the problem quickly and more accurately. The case must be brought before an employment tribunal and the prosecution side can come with or without legal representation. If you feel that you have a case to sue for unfair dismissal, you may want to contact your local council to local citizens before acting. There are procedures to follow when a claim which must be observed.

First, you should try to solve the problem with your employer, can be a simple case of misunderstanding. You can contact the Advisory, Conciliation and Arbitration Service (ACAS), who are working to resolve disputes without going to trial. They can talk to an expert to help mediate the situation and possibly resolve it. Other than these there are few legal agencies that can help to solve such issues legally in short period.

If this problem persists, you can take legal action. Most employees must have worked at least one year for the employer before they can make a claim if it is a breach of your legal rights. To make your claim, you must complete an ET-1 form. You can contact a lawyer for the job before making the final decision to proceed as they will be able to ensure that any actions you take are correct. Online forms will be sent directly to the right person and then forwarded to the employer who has 28 days to give reply. If you have no time to do all these things then it is better to seek the help of professional lawyers.

Applying for a Job – Run Pre Employment Check on Yourself to Mark Success!

Over 90% of companies run background checks on applicants-.

Unemployment is soaring. Many employers have already seized new hiring ventures and very few jobs are available. Despite a very modest improvement in recent months, the job market is still hovering around 9.5% unemployment, unthinkable four years ago. In most fields and industries, competition for the best jobs is almost overwhelming.

Is there anything a common job seeking person can do to stand out from the unemployed crowd? Actually, there is a way by which you can mark your primal success over your competitor candidate and how it’s going to be happen, when you run your own background employment check before applying a job.

The question arises in every job seeking mind that how running an employment check upon yourself might help in getting a prospective job career. So it is simply because, first it enables you to find out if any erroneous information is being reported about you. And second, it reassures potential employers that the qualifications you present in your job application are true and correct. A study conducted by a human resource and recruiting firm stated that as many as 44% of the resumes and job applications contain inaccuracies or outright deceptions.

Every single employer is now conducting a background check or employment check before hiring. The fact you have presented your own self-background- employment check suggests that a problem is not likely to crop up when the employer runs its own background check. In other means, it can double your chances for being hired as employer will not be able to uncover something which will cause him/her to have to disqualify you at end of hiring process thereby wasting company time and resources.

What’s more, as said, if by chance there is some mistake being made in compiling your background check, for example, a State is erroneously reporting you have a criminal record when if fact you don’t, running your own background check will alert you to this problem so you can take steps to correct it before an employer sees it.

Bottom Line: This may be a good preemptive strategy in today’s killer job market. But how do you go about it? Let’s have a look at it through these simple easy steps to opt for a employment check.

There are four essential pre employment background checks that you can run on yourself are as follows;

1.Education: Pre employment background checks

2.Credit Record or History Checks

3.Employment Criminal background checks

4.Social Security Number Trace

Education Background Check Made Easy:

Education background checks is one of the most essentials checks employers perform as employment checks. Strict credentialing practices are used to verify your university/college accreditations, your study time (attendance and date of admission/passing out) and sometimes your grades are also verified.

When verifying your own university/college degree, the first place you want to look is The National Student Clearinghouse. They run the automated database that provides degree verification very quickly.

Typically, colleges and universities provide education verification over the telephone. You can contact your institution administration/registrar office to confirm the accreditation of university/college with accreditation authorities. Then you can double check your admission/passing out dates as well as your grades.

If your institution cannot find your degree or the name on degree is changed to your current name, (an unusual situation, but it might happen), you have to take care of the problem. You will probably need to fax the school a copy of your diploma or any other documentation you have, to remove the chances of being debugged.

Credit Records or History Pre Employment Background Checks:

Be aware of what is on your credit report, especially if you think a prospective employer might check it. That way, if there are inaccuracies on the report, you can take steps to correct them.

Employers are very keen to know about your credit histories as it can easily predict your future in their organization. So it’s feasible to run a credit history employment check on yourself by adopting these four basic precautions.

Contact your bank and ask them for your credit report.

If you find any mistake or discrepancy, point out and correct it right away.

Make your bank to certify you for clean credit history.

After these 3 steps to resurrection, you can notify your prospective employer of the inaccuracies and of the steps you have taken to correct them.

Criminal Background Checks as Employment Checks:

Employers want to know about your background, and you can be assured that they will check to see if you have a criminal history.

The best source of a complete criminal background employment check is the Department of Justice for your state. If you have a criminal record in multiple states, you will need to contact each state’s Department of Justice. You can also get a copy of your criminal record from the court where your case(s) went to court.

These local records are found in courthouses and police departments, you can also look in specialized searches which include the Terrorist Watch List, the Federal Wanted Persons List, and Sex Offender Registries. Most of these records are contained in large databases that are updated on a regular basis.

Criminal background checks be best searched by hand at the county/states level, with full names, date of birth, should be used as much as possible to confirm a positive identification.

Social Security Number Trace

An applicant’s social security number is used throughout the pre-employment screening process, checking your validity of the number accomplish several things.

It confirms that the number belongs to you and it provides a list of current and previous addresses, as well as other names used.

Make sure each numeral is clearly written so no one has to try and decipher your handwriting.

If you had reason to change your SSN, provide both numbers and add a brief note explaining why you had to change your number. Also, indicate when you started using the newer SSN.

This verification also provides other last names associated with the SSN and a list of previous addresses.

Drawn Conclusion and Recommendations:

The strategy is simple. Get your own employment check report done, and then offer it to an employer as a way of reassuring him that you’re on the up-and-up. This is not at all an uncommon practice these days. You can attach a printed copy of your Self-Check Employment Screening Report to your resume.

Not everyone knows what happens during a pre-employment screening. In fact, most people know very little about it. So, Consider hiring a specialize pre employment background checks company or try to check your background online with authentic sources and public record portals, they are extremely helpful and can easily detect you out of everywhere; they are reliable, cost effective and time saving.

The author of this researched article is a professional writer indulged in writing for changing trends in background screening and employment check industry, its evolution & development in the online world.

Variety In Opportunities For Rrb, Nic & Nmdc Recruitment 2013 Luring Candidates With Pride

People, in general, like to be open to opportunities which gives them different options, especially in the field of employment. Nowadays, a number of companies in India have become existent, which lets people have these kinds of opportunities. Companies and agencies like RRB, NIC, NMDC, etc can be highly alluring for the candidates, especially those who have passed out recently because of their stature in Indian society.

RRB or Railway Recruitment Board is present in 19 different railway zones of the country, which presents a large number of employment opportunities. It is known to everyone that the Indian Railways is one of the largest recruiters in the world and the majority of the recruitment in the railways, is done through the different railway recruitment boards in the country. Therefore RRB recruitment 2013 is an opportunity for people to get to the jobs and increase the chances of improvement in their lives. Starting from the grade 4 vacancies to the various posts such as railway station master and such, most of these recruitments are done through the RRBs, which are spread in different parts of the country.

There are different reasons for employment in the railways and one of the many reasons why people have been coming for the RRB recruitment 2013 is that of the large number of options that the railways present. National Mining Development Corporation is a Navratna company under the Ministry of Steel in India. It is one of those public sector enterprises of India, which bring strength to the Indian economy and a variety to the employment opportunities. To be a part of NMDC is a matter of pride for the recruits and they are opting for the company because there are a number of jobs found with the company.

NMDC recruitment 2013 is therefore sought by people, usually after they pass out from their education. Starting from pharmacist post to that of the engineers, there are plenty of vacancies published by the public sector company for the people who are interested to work in one of Indias leading PSUs. Also, there are a number of offices and mining units under the NMDC, where recruitment is going on and the massive expansion plan is to be rightly corroborated with the help of NMDC recruitment 2013.

Another major company under the Government of India is that of the National Informatics Centre, which is responsible for various IT related works. These activities are carried out in large numbers in the country, now that the government is trying for computerisation and IT linking of the various organisations. Due to the rapid rate of work going on through the NIC, the NIC recruitment 2013 is a prospective time for the students who are seeking to get into various posts in the National Informatics Centre.

For the present, there are vacancies announced for scientific officers and Junior Research Fellow in different places of NIC offices. These are opportunities which people will not be leaving out because they have the potential to put a big jump in the careers of people. The variety of jobs has been the primary reasons, for which people from various areas of the country have been coming out for vacancies in NIC, NMDC and RRB.

Online Business is Better Than Employment

According to human resource experts, the things that cause stress to workers is physical fatigue, long working hours and emotional imbalance. Most employed people are burdened with unreasonable targets at work. But since employment lays a meal on their tables they take excess pressure to impress to ensure their job security.

Most of us even work for the sake of earning a living and yet we do not love our work. This results in us pursuing a career we are not compatible with and in the process we get frustrated with employment. For some, it can lead to confusion in that one ends up not knowing what they want to achieve in life.

But someone does not need to get frustrated; instead drastic steps can be taken to ensure you live your life to the fullest. Start a small business where you can plan your own diary and divert your energy to your own business venture. As the saying goes “time is money”, rather than spend time working for someone else, get others to work for you. Use other people’s resources like time, skills and talents to your own benefit.

Though it may call for total commitment and sacrifice, at the end of the day you’ll reap the benefits of your sweat. Since I resigned from my employment some five years ago I have never looked back. My online business is doing great and now I have a lot of free time in my hands. I don’t have to be present for my business to operate. The internet has completely revolutionized the mode of doing business. So don’t stick with a job you don’t love, start a small business online and see how things go.

Stephen is an Online Business Expert. He researches and studies on small business strategies. Website: Online Business Secrets for money making tips.