Contents contributed and discussions participated by Gene Ellis
An iPod Has Global Value. Ask the (Many) Countries That Make It. - New York Times - 0 views
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This value added calculation illustrates the futility of summarizing such a complex manufacturing process by using conventional trade statistics.
Crisis Swirls in Kenya, and Politicians Reward Themselves - New York Times - 0 views
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Still, some say legislators have lost touch with the poor districts they represent. Per capita income is about $463 a year, which nobody here would expect a lawmaker to survive on. Minimum wage is $924 a year, still far too little, in most Kenyans' view, for someone taking care of the nation's business. But the base compensation that legislators earn is about $81,000 a year, tax free, plus a variety of allowances and perks, which can effectively double their take-home pay. That means those public servants earn more than most Kenyan corporate executives and outstrip the salaries of many of their counterparts in the developed world.
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