To: CYBERKEN who wrote (147040 ) 5/22/2001 1:48:55 AM From: ManyMoose Respond to of 769670 This is supposed to be a joke. But it's not funny because it might be true: TEACHING MATH - Submitted by Phil Kiracofe > > > >Teaching Math in 1950: > >A logger sells a truckload of lumber for $100. His cost of production > >is 4/5 of the price. What is his profit? > > > >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 > >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.