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Opinion

Don’t play by socialists’ rules

Dear Editor: The recent debate between Rochester Business Journal columnists Ronald Pettengill and Stuart Marsh reminded me of the difficulty of rebutting socialist arguments. Socialists typically advance so many fallacious assertions that one page would require a book to properly ...

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Rethinking regs

When his colleagues defeated Sen. Robert Dole’s comprehensive regulatory reform package in July, many business owners saw the action as a severe blow. The reform legislation, which already had passed the House, would require strict cost-benefit analysis for any major ...

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Letters to the editor

Dear Editor: I read Capital columnist Stuart Marsh’s response (RBJ 8/25/95) to Ronald Pettengill’s Labor column in an earlier issue. Although I have known and respected Stuart Marsh for years as an ardent capitalist, his rebuttal did strike me as ...

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Business must redefine responsibility

Businesses have concentrated on the value they create in the marketplace, but not necessarily on the value they create in the workplace. The Industrial Age has long been characterized by the attitude that the work force is a cheap, renewable ...

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A big problem?

Big might not be better, but it’s certainly getting bigger. The agreement between the Chase Manhattan Corp. and Chemical Banking Corp. to merge will create the nation’s largest bank. Whether the new institution keeps that ranking for long remains to ...

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Marsh needs\ finance refresher?

Dear Editor: Stuart Marsh’s reply (RBJ Aug. 25, 1995) to Ron Pettengill’s labor column offers an insightful contrasting opinion. And it is based largely on accepted economic theory, as Mr. Marsh points out. He is, however, quite off the mark ...

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From “Buy American” to “Bye, American”

Most of the bikes were from overseas and it was clear that the imports had a commanding grip on the market, with those bikes from Japan and other Asian countries. I had nothing against them, you understand, because they all ...

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In plain English

Sometimes less information is more. Take mutual-fund prospectuses. Often, they run 20 pages or more and contain lilting prose like the following: “Options and futures may be combined with each other or with forward contracts in order to adjust the ...

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Sorry, Mr. Pettengill, but I disagree

Mr. Pettengill’s rhetoric is persuasive and his writing is eloquent. Unfortunately, his argument is completely wrong. This is just the very old dispute between labor and capital (and, hey, that’s why I was compelled to write this rebuttal!). The thrust ...

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Europe and
free trade

When President Bill Clinton battled on behalf of the North American Free Trade Agreement, the opposing side included organized labor and other erstwhile political allies. In the struggle to win approval for the General Agreement on Tariffs and Trade, the ...

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Japan should take road less traveled

Japanese officers were trained to be ruthless. They starved and tortured their POWs–against all prevailing conventions. Many Japanese deny the atrocities their country’s soldiers committed in Asia. Many Japanese descendants of World War II soldiers face a peculiar face-saving dilemma. ...

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Exporters on
the dole?

To some people, the federal government’s export- financing agencies epitomize “corporate welfare.” Indeed, the U.S. Export-Import Bank and the Overseas Private Investment Corp. both appeared on a “dirty dozen” list of corporate subsidies drawn up by a trio of Washington ...

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Letter to the editor

Dear Editor: The ticking Rene Reixach heard isn’t from the doomsday clock signaling the nuclear meltdown of Rochester’s health care system as he asserted (“Competitive moves threaten health care delivery”) in the June 30 edition of the Rochester Business Journal. ...

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Avid readers who know what they like

He’s 45 years old, college-educated, and owner or top manager of a small company. Who is he? The typical Rochester Business Journal reader. That profile is based on information compiled in a readership survey conducted by Beta Research Corp. for ...

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Immigration politics

Give us your huddled masses. But don’t give us too many of them. And don’t expect us to treat them as true Americans, even if they become citizens. That’s the open message being sent these days from Washington, D.C., and ...

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