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There are, of course, several problems with this scenario. There are transportation costs, although with this magical machine we can temporarily do without them. There might be unequal information, where we send more and dirtier grime than they were expecting, but presumably Los Angeles would be required by contract to be up-front. There might be a “moral hazard,” in which Angelenos will litter more, knowing that their actions will have less effect; but the same could occur after more frequent street sweeping. And there might be agent problems, in which the Calcutta government...
Christopher Lydon, who resigned as host of the famous Boston public radio program "Connection" over a contract dispute, has found a new home at Harvard Law School...
...outsourced. Not only will this slash wages and benefits for our janitors as it did for our guards, but it was again done dishonestly: according to Harvard’s own in-house custodial services, the bidding process was a farce, as administrators had already decided to give the contract to an outside firm. Meanwhile, over at the Business School, administrators are fighting to reclassify dining service workers in order to cut wages and benefits. Violating contractual clauses, administrators are unilaterally changing workers’ classification from “board op”—the classification...
...John Croce did resign, citing pursuit of a new job, and a forgiving Iverson didn't press charges. Neither did the Sixers organization, though Pat Croce says he hasn't spoken to his brother since January. Iverson--also the league's top scorer--has a six-year, $70.9 million contract. Let's hope John Croce's final score wasn't on payday...
...shots herself. After a court battle, Afeni won control of Tupac's master tapes, worth millions of dollars. (The court also ruled that Death Row--the label to which Tupac was signed at his death--is entitled to a cut of the proceeds from recordings he made under contract...