PDF-Journal of Economic PerspectivesVolume 25 Number 4Fall 2011Pages 19121

Eonomists often emphasize that incentives matter The basic law of conomists often emphasize that incentives matter The basic law of behavior is that higher incentives will lead to more effort and high. There is little or no focus on training students to suit the needs of business or industry Siegfried and Stock 1999 Our experience suggests that most students especially at the better programs enter graduate school plan ning to seek academic jobs or The cheaply constructed and poorly maintained levees on both sides of the Industrial Canal failed With most of the city below sea level the ood waters reached the eaves of thousands of houses It took weeks before the water level receded enough for p 












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