Re: The Economics of Military Stop-Loss Policies

2002-02-15 Thread Robert A. Book
> Armchairs, > > The military's current stop-loss policy prevents certain service members > from leaving the service at the end of their normal enlistment contract. > This policy is affecting specific skills and grades deemed critical for the > war on terrorism. In econimic terms, what are the s

Sale of Organs

2002-02-15 Thread Robert A. Book
This topic seems to be near-and-dear to the "heart" of free-market economists everywhere It seems the U.S. might actually allow the sale of human organs for transplant in the near future. This raises some interesting issues. On the one hand, obviously we should expect the quantity of organs

Re: Photographers

2002-02-15 Thread Robert A. Book
Sorry for posting on a stale topic, but I can't resist .. I actually *DID* discuss this with a photographer once (who said armchair economics isn't a contact sport? ;-) > > for the negatives - but the photographers always react with horror to > > this suggestion and refuse. > > Alex > > Ask th

Re: long-lasting cars

2002-04-01 Thread Robert A. Book
(Sorry about that blank message!) "Gustavo Lacerda" <[EMAIL PROTECTED]> wrote: > > Claim: "auto manufacturers won't make cars that last long (say, 20 years of > > reliable operation) because they would make less money that way". > > > > Your opinion? > > Krist van Besien <[EMAIL PROTECTED]> wrot

Re: long-lasting cars

2002-04-01 Thread Robert A. Book
[Charset iso-8859-15 unsupported, skipping...] First Law of Work: If you can't get your work done in the first 24 hours, work nights.

Re: Silly business regulations

2002-04-01 Thread Robert A. Book
> William Dickens wrote: > > > > Wisconsin used to regulate the color of margarine. The dairy industry wanted to >reduce the demand for it. From what I've been told there was a time when you bought >white margarine, but it came with yellow food coloring that you could mix into it if >you wante

Re: entropy and sustainabilityt

2002-04-09 Thread Robert A. Book
> --- Anton Sherwood <[EMAIL PROTECTED]> wrote: > John Perich wrote: > > . . . here's a thought: in six billion years, the sun will burn out, > > making all research into sustainability and environmental / resource > > economics a waste of time. . . . > > But what is the present value of somethin

Re: Grade Inflation

2002-04-09 Thread Robert A. Book
> It seems to me that an effective remedy to grade inflation would be > standardized exams on the subjects taught, prior to graduation. There would > be, for example, a standard exam for econ majors, similar to what is done in > grad schools. If many universities used the same exams, then that w

Re: Grade Inflation

2002-04-10 Thread Robert A. Book
(OK, this is my third attempt in three days to get this particular post through the server... --RAB) > > Since grades can't get any higher than an A, doesn't > > grade inflation merely squeeze out information > > regarding graduates as the grade scale gets compressed > > at the high end? > > Y

Re: Grade Inflation

2002-04-10 Thread Robert A. Book
> --- "Robert A. Book" <[EMAIL PROTECTED]> wrote: > > Isn't this what the GRE, MCAT, etc., are for? Granted, they don't > > apply to all post-graduate plans, but it's a start. Fred Foldvary ([EMAIL PROTECTED]) responded: > How many employers re

Re: Grade Inflation

2002-04-15 Thread Robert A. Book
That's what I meant. ;-) >The real problem with grade inflation is not the reduction in > information that might be used by employers. As with regular inflation, > the real problem is that grade inflation is not uniform - some > departments and some professors are more subject to inflation

Coase Theorem in action

2002-05-14 Thread Robert A. Book
This story is almost identical to a classic hypthetical example of the Coase Theorem! --Robert http://news.independent.co.uk/world/americas/story.jsp?story=294844 14 May 2002 19:43 GMT+1 Power firm buys town for $20m By David Usborne in New York 14 May 2002 Cheshire is a small town in

Re: In Praise of Pay Toilets

2002-05-27 Thread Robert A. Book
> > "Providing this free service [public restroom] for > > their customers only serves to reduce businesses' > > profits, or else the cost is passed on > > indiscriminately to all their customers." > > Serious question: If the firm is already charging a > profit maximizing price, how can it pass

Re: Car safety vs. Plane safety

2002-12-16 Thread Robert A. Book
> Here are some more factors to consider in evaluating the relative safety of planes >vs. cars (maybe Saudi Arabia has the right idea?): > > > The old wives' tale (old husbands' tale?) turns out to be true after all. Per >million miles driven, women drivers have a much higher accident r

Re: Foreign aid - can money buy love?

2002-12-16 Thread Robert A. Book
To the extent that foreign aid money buys whatever it buys, it would also have to depend on the total GDP and per capita GDP of the recipient country. Assuming diminishing marginal utility of money, giving $1 per capita to Britain would not buy as much as $1 per capita to Malawi. Of course, it do

Re: Babynomics

2003-01-15 Thread Robert A. Book
On Sat, Jan 11, 2003 at 03:45:40PM -0800, Fred Foldvary wrote: > --- fabio guillermo rojas <[EMAIL PROTECTED]> wrote: > > By that logic, animals are economic > > actors - animals seem to choose their actions. > > To some degree, to the degree that choice is involved, some animals are > economic a

Re: News Coverage and bad economics

2003-01-15 Thread Robert A. Book
It might be worth noting that Bill's original complaint concerned not amateurs generally, but NEWS MEDIA reporters and anchors. It is quite possible that the average economics ability of news media people is lower than the average economics ability of other non-economists. This has been establish

Re: questions about dividend tax cut

2003-01-15 Thread Robert A. Book
> On Mon, Jan 13, 2003 at 01:44:59PM -0800, Fred Foldvary wrote: > > There is also a supply-side effect from cutting the marginal tax rate, from > > less uncertainty about the company as it shifts to less debt and more > > equity, as well as more investor confidence when the profits are sent to > >

Re: Tax cuts and US citizen responses

2003-01-15 Thread Robert A. Book
> > Koushik Sekhar wrote: > > > > Can anyone explain why ordinary Americans are not objecting to tax > > cuts (such as dividend tax cuts) that will only favour the top > > percentiles of the wealthy ? Bryan Caplan wrote: > Among other things, this assumes that people's views on tax policy are > d

Re: Lott

2003-02-06 Thread Robert A. Book
> I'm quite sure that if this happened with a Brookings scholar he > would be fired. It will be interesting to see what AEI does. Hats > off to Sanchez at Cato for discovering this. - - Bill Dickens A few years ago, Michael Lerner, the Editor of Tikkun (a very left-wing magazine) was found to b

Re: Competition vs. Profits in the NBA

2003-07-13 Thread Robert A. Book
> equally. This, of course, gives a boost to smaller market teams. The > last six Super Bowl winners have been Tampa, New England, Baltimore, St. > Louis, Denver (twice) and Green Bay. All relatively large markets. Green Bay, Wisconsin is a large market?

Re: "Family" Businesses and Licensing

2003-07-13 Thread Robert A. Book
> In my informal experience, fathers and sons tend to work together > full-time only in professions with strict licensing or training > requirements. Electricians, lawyers, realtors and even CPAs - I've > found more father/son teams here than in any other type of job. All > of those jobs have fai

Re: fertility and government

2003-07-14 Thread Robert A. Book
> In a message dated 7/14/03 9:52:40 PM, [EMAIL PROTECTED] writes: > > >A few people seem to have skipped over the first sentence of my post. > > > >The article said that fertility rate is higher in dictatorships than in > >democracies at *all income levels*. Meaning if you take any income level

Re: fertility and government

2003-07-15 Thread Robert A. Book
> > But in a dictatorship, while my > > child-rearing opportunities suffer, my business opportunities suffer > > even more. > > But what if you live under a capitalist dicatator, like Chile's General > Pinochet or South Korea's General Park [is this name right?]? If my understanding is correct,

Re: Greider

2003-07-21 Thread Robert A. Book
> Greider also has interesting material on the Democrats' connection to > the S&L industry. I'd never heard about any of this, but he seems to > have his facts straight on this point. > > Wrong hasn't been so much fun in years! > -- Bryan, if he's wrong about the material you know a lot abou