…adults to achieve good jobs and life-long employability. The 2nd annual auction will be held on April 20, 2009 at Christie’s Auction House in New York’s Rockefeller Center. In advance…

…a five-state auction. Using a discount rate of 2.5% (the 10-year Treasury bond yield on Sept. 4 was 2.45%) the $1.25 billion in nominal value has a present value of…

…opponents of mechanization or advocates of short-time working, a reasoning they label as a misconception and which we know today under the label ‘lump of labor’ fallacy ‘. But the…

…I can safely and for sure tell you that food labeling is approved by the USDA and or the FDA. A small change in a label or packaging such as…

…Abraham Lincoln. Guelzo is also a purveyor of a bizarre theory that Immanuel Kant was the progenitor of critical theory, critical race theory, Marxism, Jim Crow, and “every dictatorship in-between”:…

…force participation rates of OECD member countries. Although it has indeed become conventional, the ‘flexible’ labor markets mantra is not a theory. It is dogma. An article of faith. The theory behind…

…theory, Guelzo says, is a subset of critical theory that began with Immanuel Kant in the 1790s. It was a response to — and rejection of — the principles of…

…auction techniques. After I auctioned four books under different rules, I auctioned $1.00 for $3.75. Now before you say “WTF?” (or perhaps I am too late!), let me explain. First,…

…theory in the last half century plus. Indeed, much of what was new in standard micro theory in the final decades of the 20th century, as well as well into…

…which the Chicago school decided Macro had to be founded) and by data without theory he means accidental theory — basically assuming any parameter you estimate is stabe so any…