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' >>

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

2000-06-03 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 b

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