In the 1970s, the percentage of high school graduates completing RN training increased with little change in the rate of return to training. During the 1980s, this percentage declined, despite large increases in the rate of return. The national data employed here examine long-run trends (with...

The author describes a teaching method that uses powerful contemporary media, movie and television clips, to demonstrate the enormous breadth and depth of economic concepts. Many different movie and television clips can be used to show the power of economic analysis. The author describes the...

The paper examines the role of self-ownership versus other ownership of labor with implications for the interpretation of the historical evidence regarding timing of black migration from the South to the North after emancipation

Mandatory deposits on beverage containers have received enthusiastic support among environmentalists as a means of controlling litter. In modeling the effects of a deposit on litter generation and recovery it is found that this enthusiasm is well justified. Interestingly enough, few supporters...

It is a commonly held belief that corporations, in pursuit of short-term profit, typically ignore the interests of the future [see Reich (1983), and Carnoy and Shearer (1980)]. According to this argument, the emphasis on the short-run explains a whole host of problems such as: an eroding...

After an extensive discussion of the nature of the interactions among unions, corporations, and government, we find that government in granting privileges to workers organized into unions implicitly taxes capital formation. The result has been to lessen the attention business decisions pay to...