Word: bargain
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Dates: during 1990-1999
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...example, the code of the Mesopotamian city of Eshnunna in the early second millennium B.C., developed a century before the more famous code of Hammurabi, left no doubt what would happen if you punched a man in the face: a fine of 10 shekels of silver (a bargain compared with the levy for biting off his nose, which would cost 60). As long as people could go about their business without fear of getting their noses bitten off, the social brain could productively throb...
...stores. She now comes across entrepreneurs who are trolling the aisles looking for items they can resell for a higher price online. "The code of ethics used to be that you bought things for yourself," she notes. And she objects that eBay's efficiency is making it harder for bargain hunters like herself. A friend recently tried to buy a Pink Floyd eight-track tape on eBay--and watched as it sold for $227. Time was, Hoff says, when you could find eight-track tapes selling for a quarter at thrift shops. "Now everything goes for the highest price anyone...
...feeling strapped for cash this holiday season, here's a word of caution about so-called payday loans from high-interest lenders: Don't even think about it. These single-payment loans, which are legal in some 30 states, can be more than you bargain for and carry an interest charge that amounts to 500% on an annualized basis. "This is no different than taking a cash advance on your credit card," says Jean A. Fox of the Consumer Federation of America. "It's just more expensive." Anyone in a cash crunch would do better to seek a credit counselor...
...contrast, budget-conscious clothes shoppers (maybe those same workers) who are able to save a few bucks on a new sweater are not likely to realize they are enjoying a bargain as a result of global trade or to take to the streets to defend their right to a cheap sweater. Or suppose the U.S. slaps a tariff on foreign sweaters and the foreign country retaliates by raising a tariff on something we're selling them--the people who would lose their jobs aren't even identifiable for sure, though for sure they exist. Likewise the people who lose jobs...
...hospitals overwork their interns? Because they can. Why don't interns do something about it? Because for 23 years they were forbidden to organize. The NLRB ruled in 1976 that interns were not employees but students and had no right to bargain collectively. Last week's decision reverses that ruling. It covers some 90,000 residents working at privately owned hospitals across...