W: I can't believe that duck hunting is still legal in so many parts of the world [8]. The scientific evidence from countries like Australia, Canada, and the USA clearly indicates a decline in the birds' numbers. M: But can anyone be sure if the decline is really caused by the hunt...
It has, in other words, been a steep decline for a company that was once seen as the embodiment of American engineering and manufacturing excellence. And while in recent years Boeing has repeatedly announced its intentions to put safety and engineering ahead of profits, the door-panel debacle s...
It is also a good example of a high-speed rail project regenerating a former industrial powerhouse (once known as the Manchester of France) that had subsequently been affected by the decline familiar to so many other post-industrial cities in the developed world. Separately, Euralille also ...
Montesquieu’strias po-liticadoes away with the concentration of powers in one office held by one person,and amounts to another case of‘organized distrust’. Popper did not use this expres-sion, but it nicely sums up his argument.Popper criticized his own theory that organized distrust lowers...
Eating less, as I have pointed out repeatedly, is very bad for the food business. In Food Politics, I explained how the fundamental purpose of food companies is to get you to eat more food, not less. Beginning in the early 1980s, food companies did a better job of creating an “eat...
He then showed the exact same chart of the steady decline in velocity to which I referred previously. Velocity of money x M2 = GDP, so if you increase M2 while velocity is falling, you’re not going to get anywhere. So enough of the money printing talk. Very little of that money...
the profits of corporate enterprise in dividends and share-buybacks. Assessing the strategic impact of the shareholder primacy doctrine upon American corporations, the long slow decline of General Motors is examined (the corporation that Friedman directed his original advice...
I feel your view of US computer industry is unfair. I am not sure the current decline of former giants can be blamed on the top executives or the culture of profit maximization. The pace of innovation in the information and communications industry has been highly disruptive. F...
I think the 1980 German numbers include the East, but can’t be certain. I do know that Germany’s relative decline increased after 1994, by which time the East German incomes had definitely been incorporated in the data. Italy: Did even less reforms than Germany and France, and has a ...
And the decline of unions has made a huge difference. Consider the case of trucking, which used to be a good job but now paysa third lessthan it did in the 1970s, with terrible working conditions. What made the difference? De-unionization was a big part of the story. ...