Tag: economics
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Why Can’t I Raise My Rates?
An Introduction to the Economics of Language Services* For millennia, humans have struggled with the concept of value. Why are some things more valuable than others? Who decides? Why, Plato pondered, are rare things so valuable, when others, like water, are not? Scottish philosopher Adam Smith, in his seminal work, Wealth of Nations, formalized this…
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Thoughts on Presenting an ATA Webinar
The American Translators Association (ATA) hosts an ongoing series of webinars on a range of issues related to language services. Participants either watch live presentations online, with Q&A sessions, or can click on a link to the webinar at any time afterward. ATA recently asked me to prepare and present a webinar on a subject…