The United States is in the midst of a profound transformation the likes of which hasn't been seen since the Industrial Revolution, when America's classical colleges adapted to meet the needs of an emerging industrial economy. Today, as the world shifts to an increasingly interconnected knowledge economy, the intersecting forces of technological…

In the 1960s, Burlington Industries was the largest textile firm in the world, and in 1973 the U. S. textile industry employed more than 1 million workers. Dynamic change came to the textile industry beginning in the 1960s, and in 2001 Burlington Industries filed for Chapter 11 bankruptcy. This case traces the dynamics of the market and the…

Concludes that (1) the current infatuation with corporate bigness is void of credible empirical support; (2) disproportionate corporate size and industry concentration are incompatible with and destructive to good economic performance; and (3) structurally oriented antitrust policy must be revitalized to combat the burdens of corporate bigness.…

Discusses whether or not the economic concept of the long run is no longer feasible because of computer-assisted manufacturing and other technological advances. Concludes that the terms "long run" and "short run" still serve as logical constructs in formal economic analysis. (CFR)

Asserts that, to participate in a modern economy, every region needs at least one "bigjob" (basic income generating-job). Describes a mapping activity that helps students identify bigjobs in state economies. Uses California as an example and reveals that, contrary to popular opinion, real estate is California's bigjob. (MJP)

A teaching unit on the Japanese automobile worker was developed from a compilation of on-site interviews with Japanese company managers and production line employees, and official publications of the Japanese car industry. The unit is designed to present a balanced picture of Japan's economic success and labor relations and to develop global…