RE: RU-486

2000-10-02 Thread M.A. Johnson
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

The M.B.A. - why bother?

2000-10-02 Thread fabio guillermo rojas
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:

Re: Upward Sloping Demand Curves

2000-10-02 Thread Fred Foldvary
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

Re: RU-486

2000-10-02 Thread Gizmoleon
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

Card/Krueger Revisited

2000-10-02 Thread Bryan Caplan
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

Re: Card/Krueger Revisited

2000-10-02 Thread DismalScientist
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

Re: The M.B.A. - why bother?

2000-10-02 Thread michael gilson de lemos
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

Re: Card/Krueger Revisited

2000-10-02 Thread Chris Auld
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

Re: Whither Wittmanian Public Choice?

2000-10-02 Thread Fred Foldvary
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