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...Simply comparing the GDP of China with that of the U.S. does not give a complete picture of the two economies. The cost of living is much lower in China. Venkataraman V. Subramanian Trichy, India...
...small army not-so-inconspicuously jotted down ISBN numbers of books for sale. Their hope was to collect these numbers for Crimsonreading.com, their own Web site that acts as a portal for online booksellers, which often sell textbooks (the same as the Coop’s) at much lower prices. The site does make a commission, though it donates its proceeds to charity. Coop employees would have none of this, and they promptly expelled the UC members from the store, telling The Crimson that ISBN numbers are akin to their “intellectual property.” This...
...real dollar terms. Yet student performance has hardly budged over that period of time. Even our best students—the top tenth—do not perform any better today than their parents and grandparents did forty-odd years ago. Meanwhile, high school graduation rates are lower today than they were...
...reform could have a bigger pay-off at lower cost than holding students accountable for their own achievement. In Massachusetts, high school students must now pass a fairly demanding exam if they are to graduate. Since that regulation came into effect, student performance has shot upward, so that today, Massachusetts leads the nation in the latest measures of school quality...
Similarly, protesters often argue that Nike has monopsonist power over the job market in some countries, which allows Nike to underpay its workers for lower costs and higher profits. Because of this, Nike—and other companies with similar employment situations—should sacrifice some of their profits to pay their employees better, since the employees’ only option is to work for Nike (or to not work at all). But simply arguing that Nike has a fiduciary “duty” to employees or that it “should” return some...