Seismic code limit states design philosophy. In February 2004 a new set of seismic codes was issued. In Spain the seismic code is called the "Norma de Construcción Sismorresistente". (See the ) In the United States the Federal Emergency Management Agency (FEMA) publishes "Recommended Seismic Provisions for New Buildings and Other Structures". Seismic code Seismic codes or earthquake codes are building codes designed to protect property and life in buildings in case of earthquakes. The need for such codes is reflected in the saying, "Earthquakes don't kill people—buildings do." Or in expanded version, “Earthquakes do not injure or kill people. Poorly built
Natural monopoly professionals such as jewellers, physicians and lawyers, he said, The superiority of reward is not here the consequence of competition, but of its absence: not a compensation for disadvantages inherent in the employment, but an extra advantage; a kind of monopoly price, the effect not of a legal, but of what has been termed a natural monopoly... independently of... artificial monopolies [i.e. grants by government], there is a natural monopoly in favour of skilled labourers against the unskilled, which makes the difference of reward exceed, sometimes in a manifold proportion, what is sufficient merely to equalize their advantages. If unskilled