... publication of "The Theory of Games and Economic Behavior." "John F. Nash of Princeton University(a American economists), John C. Harsanyi of the University of California at Berkeley(a Hungarian economist), and Reinhard Selten of the Rheinische Friedrich- Wilhelms-Universitat in Bonn(a German economists), shared the award, and the $930,000 cash award for their achievements in economics." The trios accomplishment portrayed the significance of Von Neumann and Morgenstern's contribution to game theory, which was recognized by economists and others almost immediately. The lessons they drew from homely games like ches ...

... seem to be the consensus among the resources used in this paper. Also, the term "crash" tends to have a much greater effect on other investments, the economy itself, and even investor psychology. On a trend that started approximately six years ago, the stock market is in what is commonly referred to as the longest bull market in history. And with the Dow Jones Industrial Average (DJIA), the Standard and Poor's 500, and Nasdaq Composite continuing to break new records, many in the financial world are worrying about what is in store for the market this year. Specifically, they are concerned whether or not the stock mar ...

... (University of Michigan, Korn/Ferry International). What this means is that at the present rate of increase, it will be 475 years - or not until 2466 before women reach equality with men in the executive suite. This scenario is not any better on corporate boards. Only 4.5% of the Fortune 500 industrial directorships are held by women. On Fortune Service 500 companies, 5.6% of corporate directors are women. The rate of increase is so slow that parity with men on corporate boards will not be achieved until the year 2116 - or for 125 years. (The Feminist Majority Foundation News Media Publishing Inc., 1995) ...

... Only the wages of college graduates are up. Of the fastest growing technical jobs, software engineering tops the list. Carnegie Mellon University reports, “recruitment of it's software engineering students is up this year by over 20%.� All engineering jobs are paying well, proving that highly skilled labor is what employers want! “There is clear evidence that the supply of workers in the [unskilled labor] categories already exceeds the demand for their services,� says L. Mishel, Research Director of Welfare Reform Network. In view of these facts, I wonder if these trends are good or bad for society. ...

... the uncertainties linked to exchange rate instability. EMU and the economic performance of the Euro area will have their largest external effects on neighboring economies in western Europe and on developing and transition countries with important trade and financial links to Europe, including countries that link their currencies to the Euro. Among emerging market economies, those likely to be most affected are the transition countries of the central and Eastern Europe and the Baltics.The global environment has been favorable in a number of respects for the transition to EMU and the achievements of its objectives. ...

... jobs in the "service" sector of our economy have grown, while jobs in mining and manufacturing have remained about the same. Almost all the new jobs created during the past twenty years have been in the service sector in our economy – many of these jobs include sale and managerial or "office" jobs. Most of the higher-paying and rapidly-growing jobs demand training and education beyond high school. Since technology is quickly changing and developing, the "upgrading" of skills is very important. This means that many people that are employed will need to continue their education to keep up with this new techno ...

... it at close to $70 million. After alternately rising and falling, the debt stood at only $4 million, or 21 cents per capita, in 1840. That was the lowest point ever reached by the public debt of the U.S. After 1840 it rose to a peak, in the last year of the Civil War, of almost $2.68 billion and a per capita figure of $75.01. The only justification for debt of any significant amount was a war. By 1900 this had been reduced to under $1 Billion. By 1919, the end of World War I, the debt had climbed to $25.5 Billion. In each of the following years the debt was reduced, and by 1930 stood at $18.1 Billion. With the ...

... European food products, in product formulation or packaging. Also, U.S. products are considered not as safe as domestics ones, due to the use of pesticides and chemical additives and the partiality of the Japanese consumer to purchase Japanese items. The reason for the large volume of exporting to Japan is due to United State's comparative advantages. Food products are very expensive to produce in Japan. Japan's current labor shortage, combined with import restrictions and domestic price stabilization programs, have driven up domestic production costs. The Japanese food consumption pattern consist of an opennes ...

... the same in many more. One major difference is that they didn’t become grossly wealthy like they did at the end of the century. The rail was just coming about, while the canals had been there for a while, but they did not produce profits to owners like the rails did. During this time period, there were also only two cities in the whole Union that produced over $100,000,000 a year, when at the turn of the century there were individuals that were worth more then that at some point in there life. The first rail roads were not made till 1828, but in 1870, they were making more in a year then there was prior put ...

... and development of the necessary human skills. A better understanding of the Japanese society provides the framework to understanding the workings of Japanese business (and possibly the Japanese mind.) The ways of the Japanese provide a foundation for their economic adaptability in modern times. Japan is a culture where human relations and preservation of harmony are the most important elements in society. "It is their sense of identity and destiny which gives their industrial machine its effectiveness."1 "Among the Japanese, there exists an instinctive respect for institutions and government, for the ...