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>From [EMAIL PROTECTED] Fri Mar 27 14:08:56 1998
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Date: Fri, 27 Mar 1998 09:07:27 -0500 (EST)
From: Gunder Frank <[EMAIL PROTECTED]>
To: Sing Chews <[EMAIL PROTECTED]>, D Shniad <[EMAIL PROTECTED]>,
whitney howarth <[EMAIL PROTECTED]>,
Michael Perelman <[EMAIL PROTECTED]>,
Marianne Brun <[EMAIL PROTECTED]>,
Wally Goldfrank <[EMAIL PROTECTED]>,
Albert J Bergesen <[EMAIL PROTECTED]>,
Pat Lauderdale <[EMAIL PROTECTED]>
Subject: teaching math (or maths to Mig & Fiona) (fwd)
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Andre Gunder Frank
University of Toronto
96 Asquith Ave Tel. 1 416 972-0616
Toronto, ON Fax. 1 416 972-0071
CANADA M4W 1J8 Email [EMAIL PROTECTED]
My home Page is at: http://www.whc.neu.edu/whc/resrch&curric/gunder.html
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
---------- Forwarded message ----------
Date: Fri, 27 Mar 1998 12:35:17 +0100
From: Paulo Frank <[EMAIL PROTECTED]>
To: Mig <[EMAIL PROTECTED]>, Fiona Godfrey <[EMAIL PROTECTED]>,
gunder <[EMAIL PROTECTED]>, nancy <[EMAIL PROTECTED]>,
Gabriel Gutierrez <[EMAIL PROTECTED]>
Subject: teaching math (or maths to Mig & Fiona)
> From: Andrea Hoffmann <[EMAIL PROTECTED]>
> ____
> Teaching Math in 1950:
> A logger sells a truckload of lumber for $100. His cost of
> production is 4/5 of the price. What is his profit?
>
> Teaching Math in 1960:
> A logger sells a truckload of lumber for $100. His cost of
> production is 4/5 of the price, or $80. What is his profit?
>
> Teaching Math in 1970:
> A logger exchanges a set "L" of lumber for a set "M" of money. The
> cardinality of set "M" is 100. Each element is worth one dollar.
> Make 100 dots representing the elements of the set "M". The set "C",
> the cost of production contains 20 fewer points than set "M".
> Represent the set "C" as a subset of set "M" and answer the
> following question: What is the cardinality of the set "P" of
> profits?
>
> Teaching Math in 1980:
> A logger sells a truckload of lumber for $100. His cost of
> production is $80 and his profit is $20.
> Your assignment: Underline the number 20.
>
> Teaching Math in 1990:
> By cutting down beautiful forest trees, the logger makes $20.
> What do you think of this way of making a living? Topic for class
> participation after answering the question: How did the forest birds
> and squirrels feel as the logger cut down the trees?
> There are no wrong answers.
>
> Teaching Math in 1996:
> By laying off 402 of its loggers, a company improves its stock price
> from $80 to $100. How much capital gain per share does the CEO make
> by exercising his stock options at $80? Assume capital gains are no
> longer taxed, because this encourages investment.
>
> Teaching Math in 1997:
> A company outsources all of its loggers. They save on benefits and
> when demand for their product is down, the logging work force can
> easily be cut back. The average logger employed by the company
> earned $50,000, had 3 weeks vacation, received a nice retirement
> plan and medical insurance. The contracted logger charges $50 an
> hour. Was outsourcing a good move?
>
> Teaching Math in 1998:
> A logging company exports its wood-finishing jobs to its Indonesian
> subsidiary and lays off the corresponding half of its US workers
> (the higher-paid half). It clear-cuts 95% of the forest, leaving the
> rest for the spotted owl, and lays off all its remaining US workers.
> It tells the workers that the spotted owl is responsible for the
> absence of fellable trees and lobbies Congress for exemption from
> the Endangered Species Act. Congress instead exempts the company
> from all federal regulation. What is the return on investment of the
> lobbying costs?
> ---------
> Anyone want to speculate on Teaching Math in 2000?
> :-)
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
