McCarthy
Was the delay wholly due to political pressure?
MJ
It takes the MONOPOLY (unconstitutional) FDA ten
years and a company's $300 million on average.
Regard$,
--MJ
Regulation - which is based on force and fear - undermines the
moral base of business dealings. It becomes cheaper to
Business schools have been criticized for being pure credentialing
agencies. The New York Time ran an article today about how consulting
firms are hiring non-MBA's. usually people with graduate degrees
in any field. In house studies show that MBA do just as well
as non-MBAs.
The article is:
Very often for water bills, you have to pay more per unit once your
consumption goes above a certain level. This might make it seem like
the price goes up because your quantity demanded goes up(which reverses
the causality) and would mean an upward sloping demand curve.
Cyril Morong
At a
To think of permitting death as a "forgone opportunity cost" does not seem to
be a subject that should be discussed. Personally, I agree with the critics
who cite that this drug will lead to increased abortions due to its ease of
access and other factors. This will certainly be a welcome
Almost everyone has heard of the Card/Krueger minimum wage paper. No
apparent effect, suggesting a perfectly inelastic (vertical) labor
demand curve.
But they had another equally perplexing paper on the Mariel boat lift.
Large influx of unskilled Cuban labor into southern Florida, but no
In response to the Card/Krueger study that came out of Princeton:
I was under the impression that the work that Card and Krueger completed after
narrowly studying employment patterns in fast-food restaurants in California, Texas,
New Jersey had been largely dismissed, if not discredited. For
In my experience, outside of specialized consultants, many consulting firms
hire preferentially philosophy/history majors with knowledge of languages
and supervisory experience. Sales and community experience is helpful. MBAs
are for scutwork, as they say, and you're supposed to pick up
Wasn't it John Kennan who wrote a piece which summarized the original
Card and Krueger results as: the placebo had a big positive effect,
the treatement had no effect, and the sample size is n=2?
Chris Auld (403)220-4098
Economics, University of Calgary
Why does Donald Wittman's (cfr "The mith of democratic failure") arguments
are ipso facto ruled out as "naive panglossian view of the markets" by some
scholars?
Who else is doing political economy work in Wittmanian lines? Who has
elaborated the best rebuttal to Wittman?
Etch
Charles