In business, when something is overproduced, it gets discounted in a “clearance sale” or abandoned, scrapped, put in storage, or “mothballed.” Old manufacturing plants close down, they are absorbed, they may merge, or get replaced with something entirely new, due to obsolescence and new technology. In environmental management, pollution can be controlled by stopping it […]
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By Frank J. Macchiarola and Michael C. Macchiarola As law schools have come under fire on many fronts, the growing cost of tuition has drawn the most attention. This is not surprising, given the shrinking job market for lawyers and tuition increases that have far outpaced the general cost of living for more than two […]
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