Teaching Math in 1950:
Teaching Math in 1950:A logger sells a truckload of lumber for $100. His cost of production is 4/5of the price. What is his profit?
Teaching Math in 1960:
A logger sells a truckload of lumber for $100. His cost of production is 4/5of the price, or $80. What is his profit?
Teaching Math in 1970:
A logger exchanges a set "L" of lumber for a set "M" of money. Thecardinality of set "M" is 100. Each element is worth one dollar. Make 100 dotsrepresenting the elements of the set "M". The set "C", the cost ofproduction contains 20 fewer points than set "M". Represent the set "C" as a subsetof set "M" and answer the following question: What is the cardinality of theset "P" of profits?
Teaching Math in 1980:
A logger sells a truckload of lumber for $100. His cost of production is $80and his profit is $20. Your assignment: Underline the number 20.
Teaching Math in 1990:
By cutting down beautiful forest trees, the logger makes $20. What do youthink of this way of making a living? Topic for class participation afteranswering the question? How did the forest birds and squirrels feel as the loggercut down the trees? There are no wrong answers.
Teaching Math in 2000:
By laying off 402 of its loggers, a company improves its stock price from $80to $100. How much capital gain per share does the CEO make by exercisinghis stock options at $80. Assume capital gains are no longer taxed, becausethis encourages investment.
Teaching Math in 2010:
A company outsources all of its loggers. They save on benefits and whendemand for their product is down the logging work force can easily be cutback. The average logger employed by the company earned $50,000, had 3weeks vacation, received a nice retirement plan and medical insurance. Thecontracted logger charges $50 an hour. Was outsourcing a good move?
Teaching Math in 2017:
A logging company exports its wood-finishing jobs to its Indonesiansubsidiary and lays off the corresponding half of its US workers (the higher-paidhalf). It clear-cuts 95% of the forest, leaving the rest for the spotted owl,and lays off all its remaining US workers. It tells the workers that the spottedowl is responsible for the absence of fellable trees and lobbies Congress forexemption from the Endangered Species Act. Congress instead exemptsthe company from all federal regulation. What is the return on investment ofthe lobbying costs?
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