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His colleague, Michael Beer, says that far too many companies have applied re-engineering in a mechanistic fashion, chopping out costs without giving sufficient thought to long-term profitability.Defenders of science have also voiced their concerns at meetings such as "The Flight from S.cience and Reason" , held in New York City in 1995, and "Science in the Age of (Mis) information, which assembled last June near Buffalo.
Thus, in the American economic system it is the demand of individual consumers, coupled with the desire of businessmen to maximize profits and the desire of individuals to maximize their incomes, that together determine what shall be produced and how resources are used to produce it.
At the same time, the American Law Institute--a group of judges, lawyers, and academics whose recommendations carry substantial weight--issued new guidelines for tort law stating that companies need not warn customers of obvious dangers or bombard them with a lengthy list of possible ones.
As a result, California's growth rate dropped during the 1970's, to 18.5 percent--little more than two thirds the 1960's growth figure and considerably below that of other Western states.Unlike most of the world's volcanoes, they are not always found at the boundaries of the great drifting plates that make up the earth's surface; on the contrary, many of them lie deep in the interior of a plate.
