Senin, 10 Agustus 2009

What is efficiency worth?

Ralph Nader, now more famous for his role in the 2000 Presidential election, made his bones by being a consumer advocate.Among other things, Nader called out the Ford Motor Co. during the 1970s after dozens of U.S. citizens lost their lives because of the Pinto’s tendency to explode during rear-end collisions.Ford didn’t correct the problem for eight years, reportedly because its internal “
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