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Re: The Teaching business

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Teaching math is getting harder. Teaching calculus is even worse.

Alex C. Nacionales


-----Original Message-----
From: Kathleen A. O'Brien <wildwoman1(--nospam--at)compuserve.com>
To: SEAOC Forum <seaoc(--nospam--at)seaoc.org>
Date: Sunday, June 28, 1998 5:22 AM
Subject: The Teaching business


>
>
> Teaching Math in 1960
> ================
> A logger sells a truckload of lumber for $100. His cost of
> production is 4/5 of the price, or $80. What is his profit?
>
>
> Teaching Math in 1970:
> ================
> A logger exchanges a set "L" of lumber for a set "M" of money. The
>cardinality of set "M" is 100. Each element is worth one dollar. The set
"C",
>the cost of production contains 20 fewer points than set "M".  What is the
>cardinality of the set "P" of profits?
>
>
> Teaching Math in 1980:
> ================
> A logger sells a truckload of lumber for $100. His cost of production is
$80
>and his profit is $20. Your assignment: Underline the number 20.
>
>
> Teaching Math in 1990:
> =================
> By cutting down beautiful forest trees, the logger makes $20. What do you
>think of this way of making a living? Topic for class participation after
>answering the question? How did the forest birds and squirrels feel as the
>logger cut down the trees? There are no wrong answers.
>
>
> Teaching Math in 1996:
> =================
> By laying off 402 of its loggers, a company improves its stock price from
$80
>to $100. How much capital gain per share does the CEO make by exercising
his
>stock options at $80. Assume capital gains are no longer taxed, because
this
>encourages investment.
>
>
> Teaching Math in 1997:
> =================
> A company outsources all of its loggers. They save on benefits and when
>demand for their product is down the logging work force can easily be cut
>back. The average logger employed by the company earned $50,000, had 3
weeks
>vacation, received a nice retirement plan and medical insurance. The
>contracted logger charges $50 an hour.  Was outsourcing a good move?
>
>
> Teaching Math in 1998:
> =================
> A logging company exports its wood-finishing jobs to its Indonesian
>subsidiary and lays off the corresponding half of its US workers (the
higher-
>paid half). It clear-cuts 95% of the forest, leaving the rest for the
spotted
>owl, and lays off all its remaining US workers.  It tells the workers that
the
>spotted owl is responsible for the absence
> of fellable trees and lobbies Congress for exemption from the Endangered
>Species Act. Congress instead exempts the company from all federal
regulation.
>What is the return on investment of the lobbying?
>
>
> Dick and Jane, anyone???
>
>
>