tag:blogger.com,1999:blog-7169279.post111272944927402440..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: Ford to FireDr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7169279.post-1113856927610218262005-04-18T14:42:00.000-06:002005-04-18T14:42:00.000-06:00-1 on Eric's comment for a spelling error.-1 on Eric's comment for a spelling error.Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-1113856698536736562005-04-18T14:38:00.000-06:002005-04-18T14:38:00.000-06:00This is interesting.By not firing these people, Fo...This is interesting.<BR/><BR/>By not firing these people, Ford is acknowledging that they are worth the money they are being paid.<BR/><BR/>But, by offering them buyouts, Ford is acknowledging that the long-term costs of those employees are too high to be justified by their production.<BR/><BR/>These apparently contradictory points can only be reconciled if the latter situation also carries high Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-1112978469375829182005-04-08T10:41:00.000-06:002005-04-08T10:41:00.000-06:00I agree with salty and chuck in the long-run compe...I agree with salty and chuck in the long-run competition and trade will help the economy! So If Japan has a comparative advantage in Automobiles we should look other places to find where our comparative advantages lie.Erichttps://www.blogger.com/profile/08906425457011146831noreply@blogger.com