The law mandated a minimum 25-cent-per-hour wage, in addition to setting the maximum amount of hours most employees could work per week at 44.
Mr. Rebell, now executive director of the Campaign for Educational Equity at Teachers College, Columbia University, agreed that the answer may not lie in setting a dollar amount.
Indeed, Chinese megashops are hawking low-rate Android tablets right now for around the same amount, setting a new (low) bar when it comes to pricing on ho hum slates.
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But new research is showing that immunotherapy, a method of giving a small dose of peanut to a patient in a controlled setting and then increasing the amount over a few months, may help temper these reactions.
Past studies typically measured people's appetite for risk by asking them to make choices in a laboratory setting between receiving a set amount of cash and playing a lottery with varying odds of winning different amounts of money.
Another reason was that, thanks to a Supreme Court judgment that led to the setting up of a referendum commission, the same amount of money had to be spent arguing both for and against the Amsterdam treaty.
That is because the tradition of setting off firecrackers during this time of the year causes a large amount of noise, air and ground pollution.
Laws of diminishing returns mean that even if the science continues to progress, the amount of benefit that can be gained by fine-tuning priority-setting will diminish over time.
Rate-setting technocrats cannot permit such a large reduction unless they also drive down deposit rates by a similar amount.
FORBES: China Tries to Rescue the Economy, Depositors May Say "No"
Or to put it another way, telling banks they have to raise material amounts of capital - without telling them how much capital and setting a deadline from them to find it - may have the perverse and damaging consequence of contracting the amount of credit supplied to the economy, and knocking economic recovery yet again.
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