Re: Re: Re: Greenspan's Waterloo

2000-06-04 Thread JKSCHW
In a message dated 6/4/00 12:06:22 PM Eastern Daylight Time, [EMAIL PROTECTED] writes: why should shoplifting cause a rise in prices? That would imply that before the rise in shoplifting the store was not charging as high a price as it could have. I' If there was significant loss due to

Re: Re: Re: Re: Greenspan's Waterloo

2000-06-04 Thread Carrol Cox
[EMAIL PROTECTED] wrote: In a message dated 6/4/00 12:06:22 PM Eastern Daylight Time, [EMAIL PROTECTED] writes: why should shoplifting cause a rise in prices? That would imply that before the rise in shoplifting the store was not charging as high a price as it could have. I' If

Re: Re: Re: Greenspan's Waterloo

2000-06-03 Thread Eugene Coyle
I've pulled two sentences out of Jim's long post, but you can also find them in context below. Jim wrote: If conditions of international competition and the like allow it, then the bosses try to compensate for rising unit labor costs (nominal wage benefits divided by average labor

Re: Re: Re: Re: Greenspan's Waterloo

2000-06-03 Thread Jim Devine
{Eugene] pulled two sentences out of Jim's long post, but you can also find them in context below. Jim wrote: If conditions of international competition and the like allow it, then the bosses try to compensate for rising unit labor costs (nominal wage benefits divided by average