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Dale T. Mortensen

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Unemployment is ‘involuntary’ when the price is above its market clearing level. Workers are unemployed because jobs are not available at the prevailing wages, period. The only recourse is to either expand the number of jobs or somehow lower the wage.

Dale T. Mortensen

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Dale T. Mortensen

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Over the years, the technology of trade has changed in response to advances in the ability to communicate. From its origins on the streets of Chicago, the Board of Trade moved to a building housing ‘trading pits’ for the open-outcry exchange by brokers representing buyers and sellers.

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I think one of the things about being a good coach is to recognise when you have given all that you can. In fact there should be some sort of unspoken law that says that a coach cannot have anyone for three or four years – if you have not passed on most of the stuff you know in that time, then you are not doing a good job.

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April 25, 2024

I think one of the things about being a good coach is to recognise when you have given all that you can. In fact there should be some sort of unspoken law that says that a coach cannot have anyone for three or four years – if you have not passed on most of the stuff you know in that time, then you are not doing a good job.

Previous

April 25, 2024

Over the years, the technology of trade has changed in response to advances in the ability to communicate. From its origins on the streets of Chicago, the Board of Trade moved to a building housing ‘trading pits’ for the open-outcry exchange by brokers representing buyers and sellers.

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