By Stephen Prince
Dealing with an fiscal drawback within the Nineteen Eighties, the Hollywood moved boldly to manage the ancillary markets of videotape, video disk, pay-cable and pay-per-view, and the key studios came across themselves particular for acquisition via international media and communications businesses. This quantity examines the decade's transformation that took Hollywood from the construction of theatrical movie to media software.Some of the flicks mentioned during this quantity include:PlatoonDo the perfect ThingBlue VelvetDinerE.T.BatmanBody warmth
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Additional info for A New Pot of Gold: Hollywood under the Electronic Rainbow, 1980-1989 (History of the American Cinema)
A sample of three product categories does not capture everything that is happening to durable goods, but this small sample is broadly representative. 3 percent from 1947 to 2006. 6 percent, so our three goods did not fall quite as much as all durable goods, but they deﬁnitely fell. 1 clearly shows that the time path of prices for durable goods has little in common with the time path of prices charged by colleges and universities. Real prices of higher education are rising for most of the 1947–2006 time period.
Just like every other industry, colleges and universities are part of the larger economy. They have to compete with other ﬁrms for workers. They have to purchase equipment just like other ﬁrms do. Technological progress affects higher education even if that progress occurs in other sectors of the economy. And importantly, what is going on in other parts of the national and global economy affects the kind of education that is demanded. In this chapter, we take a broad look at the data. Our review of the evidence is motivated by two questions.
It shows decided upticks in 1974, in 1979 and 1980, in 2000, and starting in 2003. If our data continued, we would have picked up another surge in gasoline prices in 2008 and a subsequent drop in 2009. Despite the fact that the price of gasoline and oil and the price of higher education both rise, the two price paths are not very similar. Gasoline prices are much more erratic. 3 repeats our exercise for three services. Services are deﬁned in the National Income and Product Accounts as transactions in which no tangible product is traded.
A New Pot of Gold: Hollywood under the Electronic Rainbow, 1980-1989 (History of the American Cinema) by Stephen Prince