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...rate (which in a competitive market economy is equal to the marginal productivity of labor) minus the external diseconomies of locating away from the cities or. $3.32 per hour (which is the current average factory wage for all industries) minus 50 cents to 75 cents per hour (in extra transport charges and operating expenses for those industries which are best suited for location in the country) equals $90 to $100 per week. People would build their own houses (of an average size of two bedrooms and one bath, plus a kitchen and a living room) and transportation to work would...

Author: By Luke Smith, | Title: A Plan for Factories in the Country Run, on Part-time Jobs | 1/16/1973 | See Source »

...orderly legal environment which is the first pre-requisite for investments in the all important manufacturing sector. And it means transforming our military aid and assistance programs into new programs of aid and assistance directed towards the creation of the necessary infra-structure, in terms of regional power, transport, and communication facilities. If these things were done, it would leave only agricultural reform, and local infra-structure (both of which can and should be undertaken at the local level, under local initiative, as a way to insure popular participation) in order to complete the precondition for industrial development, and prepare...

Author: By Luke Smith, | Title: A Plan for Factories in the Country Run, on Part-time Jobs | 1/16/1973 | See Source »

...thrown into the breach, thereby calling into question the gains so far attained on the northern front. Supplies and reinforcements must be flown from Saigon by U.S. Air Force C-130s operating out of Thailand. Reason: there are not enough South Vietnamese crews trained to handle these transport aircraft that have been given to Saigon by the Americans...

Author: /time Magazine | Title: SOUTH VIET NAM: A Tale of Two Broken Cities | 1/15/1973 | See Source »

...ironically, Pan Am may be helped by a phenomenon that it and nearly every other intercontinental carrier has fought against bitterly: low-cost group travel abroad. The International Air Transport Association, the carriers' cartel that has fixed prices on overseas tickets for 26 years, has been unable to agree on a 1973 fare structure for the heavily traveled North Atlantic routes, leaving the airlines to compete among themselves beginning Feb. 1 in an "open fare" situation. Although Pan Am officials remain worried that too much bulk flying may cut into their scheduled-service sales, air officials in Washington...

Author: /time Magazine | Title: AIRLINES: Transit from Terrible | 1/15/1973 | See Source »

...comparison is somewhat distorted by a $10 million refund on Pan Ain's supersonic transport order that reduced Pan Am s reported loss last year...

Author: /time Magazine | Title: AIRLINES: Transit from Terrible | 1/15/1973 | See Source »

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