{"id":623,"date":"2008-07-08T19:14:23","date_gmt":"2008-07-08T23:14:23","guid":{"rendered":"http:\/\/blogs.law.harvard.edu\/fensterm\/2008\/07\/08\/asymmetric-information-and-the-cost-of-labor-vs-management\/"},"modified":"2008-07-22T14:58:53","modified_gmt":"2008-07-22T18:58:53","slug":"asymmetric-information-and-the-cost-of-labor-vs-management","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/fensterm\/2008\/07\/08\/asymmetric-information-and-the-cost-of-labor-vs-management\/","title":{"rendered":"Asymmetric Information and the Cost of Labor vs. Management"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blogs.law.harvard.edu\/fensterm\/files\/2008\/07\/buttonroof.jpg\" alt=\"Harvard FMO worker clearing roof drain on the Old Littauer Building, North Yard. Butt shot.\" height=\"418\" width=\"480\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blogs.law.harvard.edu\/fensterm\/files\/2008\/07\/handondrain.jpg\" alt=\"Close-up of Harvard FMO worker clearing roof drain on the old Littauer Building, North Yard.\" height=\"360\" width=\"480\" \/><\/p>\n<p>Coming to a blog near you real soon now. Highlights:<\/p>\n<p>Talk ain&#8217;t always cheap.<\/p>\n<p>Maintenance deferred is maintenance denied.<\/p>\n<p>Fixing a hole where the rain gets in.<\/p>\n<p><strong>What&#8217;s up with the endowment?<\/strong><\/p>\n<blockquote><p>This one&#8217;s easy. <a href=\"http:\/\/www.thecrimson.com\/article.aspx?ref=523912\" target=\"_blank\">Way up! 9% in 10 months. Due largely to  commodities<\/a>! Now before you say oil. Wheat, copper, and other commodities are up too. Of course, that may be passed along cost from higher oil. Then there&#8217;s food prices which the <a href=\"http:\/\/www.guardian.co.uk\/environment\/2008\/jul\/03\/biofuels.renewableenergy\" target=\"_blank\">World Bank says went up 75% due to biofuel<\/a>. Then there is the debate about how much of the price rises are due to speculation. And a new unexpected weirdness. I agree with Joe Lieberman on something! Large institutional investors, like Harvard, should not be allowed to speculate in energy and food.<\/p><\/blockquote>\n<p>And we save how much by de-unionizing labor?<\/p>\n<p>So what are Allied-Barton and Harvard administrators talking about all this time?<\/p>\n<blockquote><p>The old contract was supposed to expire on June 30, 2008. Like a week ago.  Nothing has been heard. BTW, the guards at Harvard Medical School don&#8217;t wear Allied-Barton whites. I shall make further inquiries.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Coming to a blog near you real soon now. Highlights: Talk ain&#8217;t always cheap. Maintenance deferred is maintenance denied. Fixing a hole where the rain gets in. What&#8217;s up with the endowment? This one&#8217;s easy. Way up! 9% in 10 months. Due largely to commodities! Now before you say oil. Wheat, copper, and other commodities [&hellip;]<\/p>\n","protected":false},"author":168,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1058],"tags":[],"class_list":["post-623","post","type-post","status-publish","format-standard","hentry","category-the-dismal-excuse-for-a-science"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/fensterm\/wp-json\/wp\/v2\/posts\/623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/fensterm\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/fensterm\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/fensterm\/wp-json\/wp\/v2\/users\/168"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/fensterm\/wp-json\/wp\/v2\/comments?post=623"}],"version-history":[{"count":0,"href":"https:\/\/archive.blogs.harvard.edu\/fensterm\/wp-json\/wp\/v2\/posts\/623\/revisions"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/fensterm\/wp-json\/wp\/v2\/media?parent=623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/fensterm\/wp-json\/wp\/v2\/categories?post=623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/fensterm\/wp-json\/wp\/v2\/tags?post=623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}