Academics

Academics

Cry Wolf Quotes

[W]e all probably use salt, sodium chloride, on our food….Salt has been included in the Registry of Toxic Effects of Chemical Substances (published by NIOSH). The toxic dose of salt needed to kill half the test animals is about 1/8 ounce of salt for each 2.2 pounds of weight of the animal. Does this mean that the City of Philadelphia should regulate table salt?

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Roy. S. Anderson Ph.D’s testimony before the Philadelphia City Council.

Mr. Ankeny, a former director of the Bureau of Mines, has made the statement publicly that passage of bills would not be expected to reduce the accident rate. Therefore, how can we, in logic or in good conscience, say that we are going to pass…a bill to improve the safety record, when two previous directors of the Bureau of Mines said that passage of laws would not reduce the accident rate?

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W. Foster Mullins, Chief Mine Inspector for Virginia, Testimony, House Committee on Education and Labor.

It is simply wrong-headed policy…[Federal and state banking regulations] require or aggressively nudge banks into subsidizing parts of the community [The proposals] would only aggravate the problem.

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Lawrence J. White, a professor of economics at New York University's Stern School of Business, New York Times.

…this is no time to put additional burdens on employers and employees and State administrations. Recent legislation has created plenty of burdens without adding the one. It is an extremely dangerous time to discuss raising labor costs in the sense of labor costs per unit.

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Prof. R.S. Meriam, Harvard Business School, Testimony, House Committee on Ways and Means.
03/21/1934 | Full Details | Law(s): Unemployment Insurance