CASE STUDY

CASE STUDY THE BENEFITS OF BEAUTY People differ in many ways. One difference is in how attractive they are. The actor Brad Pitt, for instance is a handsome man. In part for this reason, his movies attract large audiences Surprisingly, the large audiences mean a large...

ABILITY, EFFORT, AND CHANCE

ABILITY, EFFORT, AND CHANCE Why do major league baseball players get paid more than minor league players? Certainly, the higher wage is not compensating differential. Playing in the major leagues is not a less pleasant j b than playing in the minor leagues; in fact,...

In The News

In The News The Loss of Manufacturing Jobs In the early 19405, about one in three American workers worked in manufacturing. Today, that figure is about one in ten. According to former Secretary of Labor Robert Reich, the loss of manufacturing jobs is not a reason to...

CASE STUDY

CASE STUDY THE INCREASING VALUE OF SKillS The rich get richer, and the poor get poorer.” Like many adages, this one is not always true, but recently it has been. Many studies have documented that the earnings gap between workers with high skills and workers with...