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
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
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
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