The Andean cocaine industry

Article Abstract:

Patrick L. Clawson and Rensselar W. Lee III' s book entitled 'The Andean Cocaine Industry' documents the importance of the cocaine industry in Peru, Bolivia and Colombia to the national economies of these Andean countries. Cocaine exports of Peru and Bolivia are estimated to be 53% and 23%, respectively, of these countries exports in 1992. On the other hand, Colombian economists estimate their country's income from cocaine to be from $170 million-$3.1 billion. The authors discuss also the US crop substitution programs in these countries as well as the surrender of drug group leaders.

International trade, Cocaine industry, Cocaine trade, Bibliography, Drug traffic, Andean region

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Review and extension of 'Heredity and Humanity.' ('Heredity and Humanity: Race, Eugenics and Modern Science' by Roger Pearson)

Article Abstract:

Roger Pearson's 'Heredity and Humanity: Race, Eugenics and Modern Science' offers a compendium of interesting topics on race, heredity and eugenics. Its later chapters are particularly interesting for their coverage of modern developments in heredity research and the role of eugenic policy in thwarting the dysgenic trends in modern society. Its most significant portion, however, is the latter half, where modern scientific evidence relating to heredity, race and eugenics are dissected, such as the Bell curve and the evolution of racial differences.

Criticism and interpretation, Literature, Heredity, Human, Human heredity, Eugenics, Heredity and Humanity: Race, Eugenics and Modern Science (Book), Pearson, Roger

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Why the break-up of conglomerate business enterprises often increases value

Article Abstract:

Different securities appeal to different kinds of investors. Combining two different securities with different clienteles suggests that there are some previous owners who will choose to hold the combination at a price that is the sum of the parts' market prices. As such, the combination's market price should be less than the sum of the prices of the parts while the break-up of a combination and the sale of its parts to its specific clientele would raise the total value.

Analysis, Conglomerate corporations

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