By way of explaining the contrast, he recalled how a soup company once consulted him about the high additive of its product, which company officials feared would scare away an important client, Dunkin Donuts. According to Wilcox, health concerns about synthetic pesticides are the chief reason people buy organic foods, which are more expensive to produce and usually cost more than food treated with chemicals. Wilcox said that people don t tend to know the details about food additives, but that they worried generally about nonorganic food s content. Both Daimler and Chrysler have been masters at getting what they need from government, said Lester Lave, an economist at Carnegie Mellon University. The old order has been brushed aside but the new one hasn t emerged yet, says Robert Kelley, professor of management at Carnegie Mellon.
People don t know what makes sense today.
After graduating from Carnegie Mellon s Graduate School of Industrial Administration in 1997, he teamed up with fellow alum Chris Farls to buy a troubled Pittsburgh company that specialized in cleaning, painting, repairing and inspecting railroad cars and promptly turned it around. It s a wonderful connection for both, said Jeffrey Williams, a professor of business strategy at Carnegie Mellon. For the city, promotion of the fact that an established and still growing corporation is willing to invest in a major project can portray Pittsburgh as a corporate-friendly place. In 1991, when the economy was struggling out of recession, the Fed was severely criticized for not cutting interest rates enough. What we re enjoying today is the mirror image of that, says Allan Meltzer, a professor at Carnegie Mellon University and a resident scholar at the American Enterprise Institute.