...
at double-digit rates in the late 198 0s and the very early 199 0s when increases in the
consumer price index, a broad measure of the cost of living, were falling.
2
In the mid-
199 0s, healthcare ... wholly right or wholly wrong, is foreign to him. The win-
list, yes-no discussion of politics is not within his purview. He does not recognize the
either-or, the all-or-nothing situation as...
... 1 89 0-1 93 0 (New York: Oxford University
Press, 199 2); especially chapters 8 and 9.
Chapter 6. Reasons for Firm Incentives
17
travelers, are in. By setting up the frequent-flier program, American ... Stephenson and Richard J. Fox, “Corporate Strategies for Frequent-Flier
Programs,” Transportation Journal, vol. 32, no. 1, (Fall 199 2), pp. 3 8-5 0. The 199 1 survey inc...
... estimate remarkably close to the sales-pay relationship found by the researcher
for the 193 7-1 93 9 and 196 7-1 97 1 periods.
59
Other studies on executive pay in the United
States and Great Britain have ... Economy, vol. 95 (no. 1, 198 7), pp. 1-3 3.
54
See Jonathan S. Leonard, “Executive Pay and Firm Performance,” Industrial and Labor Relations
Review, vol. 43 (no. 3, 199...
... newspapers in when they are out of town.
Chapter 1. The Economic Way of Thinking
44
- for less money than the government charges for delivering a one-ounce letter across the street! [Ed.:
Some ... common for people to think that the only way for one group of
“stakeholders” in a firm to gain is for some other group to lose. The search is all too
frequently for ways to cut...
...
Nishiguchi (New York: Oxford University Press, 199 6), pp. 206 230.
17
As reported in Lisa H. Harrington, “Buying Better,” Industry Week, July 21, 199 7, pp. 74 80.
18
Ibid.
Chapter 3 Principles ... stands for present value, r for the rater of interest, and f for future
costs or benefits. The interest rate used in this formula is the rate at which we discount future costs and
b...
... “Fair Minimum Wage Act of 199 9,” H.R.325 (January 19, 199 9); Senate, U.S. Congress, 106
th
Cong., 1
st
Sess., “Fair Minimum Wage Act of 199 9,” S. 192 (January 19, 199 9)].
3
As quoted by Janet ... an hour in 193 8 to $5.15 until late 199 9.
However, in real ( 199 9) dollars, the minimum
wage rose from $2 .92 in 193 8 to $7.70 in 196 8,
only to fall back to $5.15 an hour in 199 9....
... Worker-Owners May Face Bumpy Ride If the Past Is a Guide,” Wall
Street Journal, December 23, 199 3, p. 1.
39
See Susan Chandler, “United We Own.” Business Week March 18, 199 6, pp. 9 6-1 00.
40
... Ibid., p. 98 .
41
Ibid., p. 99 .
42
In the WSJ on 24 June 199 7 was an article by Susan Carey “United Flight Attendants Warn of ‘Chaos’,”
Wall Street Journal, pp. B-1 and B-2.
43...
... to ten units is $9, 300; $1,500 for
firm A. $800 for B, $3,000 each for C and D, and $1,000 for E. This figure is
Chapter 7 Market Failures: External Costs
And Benefits
9
pollution emitted ... buyer with no information on the condition of a car for
sale would expect a 199 0 Honda Accord to be worth, on average, only $3,500. But if
buyers are willing to pay $3,500 for...