Frequent flaps in the deregulated skies

Article Abstract:

Deregulation of the airlines, which began in 1978, has benefited consumers by lowering ticket prices up to 20%, but it has hurt the financial position of airlines by causing losses of about $8 billion between 1990 and 1993. Some policymakers are in favor of reregulation.

Economic aspects, Airlines, Deregulation

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Coping with math anxiety

Article Abstract:

Economics has long had a close, if not always fruitful relationship with mathematics. Economists use tools from easy algebraic expressions to more complex differential topology. Some economists worry, however, that mathematics has outpaced research on economic theory.

Usage, Practice, Economics, Mathematics

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Compensation beyond the call of duty

Article Abstract:

As the real pay of the average US worker has fallen by 13% during the past 20 years, the wages of chief executive officers have grown almost four times. The public has called for legislative action, but economists say salary caps do not attack the underlying problem.

Analysis, Compensation and benefits, Compensation management, Chief executive officers

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