“Is that the opposite of merit? Merit is defined as value, distinction, and demerit is a shortcoming.” “Don’t get too technical – merit is the antonym of demerit. Take an example from ...

I really detest the phrase “merit pay,” in any of its multiple incarnations, mostly because genuine merit has nothing to do with the dangling-carrot incentivizing attached to education policy ...

This is a clear example of a merit good, the production of which the Government will want to encourage. Demerit goods or services, in contrast, are those known to cause clear harm when produced ...

A couple of weeks ago I read in the news that the Land Transportation Office (LTO) would begin to implement a point or merit/demerit system in 2018 following incidents of road rage over the past c ...