Re: Card/Krueger Revisited

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

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 engineer

RE: Card/Krueger Revisited

Title: I believe the Rybczynski theorem (popular among international economists) suggests that an increase in one factor (e.g., low-skilled labor) will result in an increase the production of the good which uses that factor intensively while the production of the good intensive in the const

Re: Card/Krueger Revisited

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 a

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

Fabio points us to: >http://www.nytimes.com/2000/10/01/business/01MBAS.html Quotes from article: >Perhaps most striking are the results: the lawyers and doctors and >philosophers perform no worse than their business school counterparts, >according to internal studies done by the firms. If anythin

Re: Whither Wittmanian Public Choice?

> 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 Char

Card/Krueger Revisited

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 percep

Re: RU-486

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 subs

Re: Upward Sloping Demand Curves

> 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 A

Re: RU-486

dmccarthy wrote: > > Bryan, whats the story with this? It's a French abortion drug right? Was the > delay wholly due to political pressure? I'm unsure of whether its approved > in Britain but I thought there would've been a huge amount of climical data > available to the FDA since millions of Eur

The M.B.A. - why bother?

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: ht

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RE: RU-486

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 br