I will go with John Hagelin (sp?). In 4 years, we can learn to meditate our
problems away.
On Fri, Nov 10, 2000 at 03:18:14PM -0800, Lisa & Ian Murray wrote:
> Goldilocks has an extraordinary fondness for prediction and, being wealthy
> and interested in giving away some of her money in the form of prizes so as
> to avoid paying taxes to the government, inquired of economists thus:
>
> "There are 3 candidates for President of the US in the year 2000AD. Are
> there any economists willing to step forward and offer predictions of the
> Pareto optimal outcomes for each of the candidates policies and their
> outcomes for the US macroeconomy? Let us leave aside for the moment
> questions regarding the methodological issues surrounding Pareto's doctrine.
> In fact, let's just narrow it's application down to 2 of the many issues the
> candidates have addressed.
>
> "Which of the three candidates positions on environmental regulations will
> lead to Pareto optimal outcomes for the US? Please consider potential policy
> changes in CAFE standards, the outcomes of the upcoming Intergovernmental
> Panel on Global Climate Change in the Netherlands and reforestation
> policies.
>
> "Which candidate has the Pareto optimal outcome regarding the War on Drugs
> contribution to economic growth? Please include all relevant statistical
> data, with sources, in your report.
>
> "In November of 2004 I will convene a meeting of independent judges to
> assess your predictions of the policies of whoever is President [let us
> assume he does not suffer a mortal tragedy], even though I am asking for
> predictive models for each candidate. These will be used for counterfactual
> conditional purposes only and will not detract from the final tally of your
> respective scores in order to determine the winner. You may make use of any
> computational resources at your disposal; you are required to provide access
> to how you arrived at your conclusions in order to ensure fairness.
>
> "You have until November 17, 2000 to provide your answers. Best of luck"
>
> Goldilocks
>
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
