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quot。 and he says with you, therefore, that the law you have laid down must be a good one, and he must believe it. 20023 Government is not made in virtue of natural rights, which may and do exist in total independence of it。 you look at it, and see that it is hard and green. You take up another one, and that, too, is hard, green, and sour. The shipman offers you a third。quot。womens workamp。quot。quot。 Trusted Company of Chicago in 1984 did not bring down the banking system,but it certainly rattled some windows.In the late 1970s,Continental soared to a leadership position amongMidwestern of its growth strategy were risky, made many loans in the energy field,including billion that it took over from Penn Square Band of Oklahoma obtain the funds it needed to make theseloans,Continental relied heavily on shortterm borrowing from other banks and large,30day certificates of depositamp。owners began to pull their funds out of Continental. By the spring of 1984,a run on Continental had May,the bank had to borrow .5 billion from the Fed to replace overnight funds it bad this was not try to stem the outflow of deposits from Continemtal,the FDIC agreed to guarantee not just the first ,000 of each depositors money but all of ,the run continued.Federal regulators tried hard to find a sound bank that could take over Continentala mon way of rescuing failing Continental was just too big for anyone to July,all hope of a private sector rescue was faced a stark choice:Let Continental collapse,or take it over themselves.Letting the bank fail seemed too was estimated that more than 100 other banks had placed enough funds in Continental to put them at risk if Continental ,on a rainy Thursday at the end of July,the FDIC in effect nationalized Continental Illinois at a cost of .5 kept the banks doors open and prevented a chain ,in all but a technical sense,Continental had bee the biggest bank failure in . 20012 If sustainable petitive advantage depends on workforce skills,American firms have a resource management is not traditionally seen as central to the petitive survival of the firm in the United acquisition is considered as an individual is simply another factor of production to be hiredrented at the lowest possible costmuch as one buys raw materials or equipment.The lack of importance attached to humanresource management can be seen in the corporation an American firm the chief financial officer is almost always second in post of head of humanresource managements is usually a specialized job,off at the edge of the corporate executive who holds it is never consulted on major strategic decisions and has no chance to move up to Chief Executive Officer(CEO).By way of contrast,in Japan the head of humanresource management is centralusually the second mostimportant executive,after the CEO,in the firms hierarchy.While American firms often talk about the vast amounts spent on training their work forces,in fact they invest less in the skill of their employees than do the Japanese or German money they do invest is also more highly concentrated on professional and managerial the limited investments that are made in training workers are also much more narrowly focused on the specific skills necessary to do the next job rather than on the basic background skills that make it possible to absorb new technologies.As a result,problems emerge when new breakthrough technologies American workers,for example,take much longer to learn how to operate new flexible manufacturing stations than workers in Germany(as they do),the effective cost of those stations is lower in Germany than it is in the United time is required before equipment is up and running at capacity,and the need for extensive retraining generates costs and creates bottlenecks that limit the speed with which new equipment can be result is a slower pace of technological in the end the skills of the bottom half of the population affect the wages of the top the bottom half cant effectively staff the processes that have to be operated,the management and professional jobs that go with these processes will disappear. 20013 Internet is a vast network of puters that connects many of the worlds businesses,institutions,and internet,which means interconnected network of networks,links tens of thousands of smaller puter networks transmit huge amounts of information in the form of words,images,and sounds.The Internet was information on virtually every users can search through sources ranging from vast databases to small electronicamp。quot。quot。The old protectionism…coexisted,without any apparent intellectual difficulty with the acceptance of the market as a national as well as an international economic distribution mechanismindeed,protectionists as well as (if not more than)free traders stood for laissezfaire(放任政策).Now,as in the 1930s,protectionism is an expression of a profound skepticism as to the ability of the market to distribute