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1. nbousc+(OP)[view] [source] 2014-06-12 19:10:26
Alex Tabarrok comments on this: "I believe that this announcement will be discussed in business schools for years to come much like Henry Ford’s announcement of the $5 a day wage."

http://marginalrevolution.com/marginalrevolution/2014/06/tes...

replies(1): >>daniel+Z1
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2. daniel+Z1[view] [source] 2014-06-12 19:34:18
>>nbousc+(OP)
Just like everyone remembers when the US bought up and public-domained all the aeronautic patents.

EDIT I should explicitly say that I am being sarcastic. Mr Tabarrok is believing what he wants to be true.

replies(1): >>jeffh+E3
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3. jeffh+E3[view] [source] [discussion] 2014-06-12 19:55:22
>>daniel+Z1
Most people are actually unaware of Ford's "innovations" on pay, or the reasoning behind them, but that does not dilute the profound impact the actions had.
replies(1): >>superu+O7
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4. superu+O7[view] [source] [discussion] 2014-06-12 20:53:31
>>jeffh+E3
It's 4th grade US history curriculum.
replies(2): >>btbuil+ha >>daniel+XK
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5. btbuil+ha[view] [source] [discussion] 2014-06-12 21:20:48
>>superu+O7
most people don't live in the US
replies(2): >>vertis+sj >>superu+zy
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6. vertis+sj[view] [source] [discussion] 2014-06-12 23:22:57
>>btbuil+ha
Lies!
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7. superu+zy[view] [source] [discussion] 2014-06-13 05:21:50
>>btbuil+ha
Approximately 100% of people under the jurisdiction of US patent law and influenced by the American auto industry do.
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8. daniel+XK[view] [source] [discussion] 2014-06-13 11:54:24
>>superu+O7
What's learned in the 4th grade curriculum about "$5 a day" is about as accurate as what I learned in 4th grade about "Columbus proved the Earth was round."
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