Re: Katrina and the Evacuation of the Poor and Infirm: Market Failure?

2005-09-07 Thread John Perich
To challenge the premise from a different angle: "market failure," as I understand the term, typically means something the market cannot provide for *anyone* at *any* price. A common example is moral hazard in insurance: insurance reduces the incentive of the insured to avoid risks. The insurance

Re: Virginia Department of Professional and Occupational Regulation

2004-05-13 Thread John Perich
What do they call hairstylists who practice without a license?   "Barber-y" Corsairs!  Ha!  Comedy gold, people.   ... that's all I can add to the story, sorry.   -John P."Robert A. Book" <[EMAIL PROTECTED]> wrote: > Check out this website. It's a real time warp. And yes, Virginia does> license bar

Re: Oscar Political Business Cycle

2004-01-03 Thread John Perich
I would suggest it's a self-enforcing cycle. In the past, the Academy has tended to award its Best Picture / Best Director cherries to movies released closer to its decision-making time. The studios, seeking Oscars to add to their prestige, notice this, and release more of what they consider thei

Re: Real wages constant since 1964?!

2003-12-04 Thread John Perich
As the listmember who probably has the dampest ink on his econ B.A., I can verify that that's what's being taught in our universities.   -JP[EMAIL PROTECTED] wrote: In a message dated 12/4/03 3:07:31 PM, [EMAIL PROTECTED] writes:>I think you are remembering your undergraduate education incorrectly