Role of Government


In general, government has three basic economic functions. First, government provides a legal foundation and an appropriate social environment for the conduct of economic activity. Second, government both encourages competition in the marketplace and controls it. This is accomplished through legislation and government agency rules and regulations. Finally, government redistributes income from some segments o the economy to others. Government acquires revenues through taxation—taxes on income, property, sales, and payroll. These revenues are channeled back into the economy through spending and transfer payments to veterans, the aged, welfare recipients, and others in society. In short, government is a consumer of goods and services and not producer of them.

My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please visit www.asifjmir.com, and my Lectures.

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Techno-stress and Well-being of People


The technological revolution has redistributed levels of stress in the workplace. Many jobs that formerely involved high stress levels, such as burning the midnight oil to do year-end inventory checks, can now be done in minutes, with less stress, thanks to  computers. Jobs that were formerly considered to have little stress, such as routine typing, now involve much more stress because of computers.

Computerized clerical workers suffer higher levels of stress related complaints than any other occupational group, including air traffic controllers. Worker’s compensation claims for computer-related stress form the fastest growing category of illness in the workplace. The human cost of the poorly planned march towards technological utopia has been significant, and can affect any part of the body.

My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please visit www.asifjmir.com, and my Lectures.