This year econ nobel prize?

2000-10-11 Thread fabio guillermo rojas

Any guesses on the econ nobel prize this year?


Personality, Politics, and Economics Test

2000-10-11 Thread Bryan Caplan

Followup announcement.  I had some technical problems with the
Personality, Politics, and Economics online test I announced last week. 
Now it is up and working again, but has moved to:

Prof. Bryan Caplan   [EMAIL PROTECTED]

  "We may be dissatisfied with television for two quite different 
   reasons: because our set does not work, or because we dislike 
   the program we are receiving.  Similarly, we may be dissatisfied 
   with ourselves for two quite different reasons: because our body 
   does not work (bodily illness), or because we dislike our 
   conduct (mental illness)."
   --Thomas Szasz, *The Untamed Tongue*

Immigration Policy [a delayed comment]

2000-10-11 Thread Edward Dodson

Ed Dodson resonding to a message from mid-September...

Erik Burns wrote:

 i suspect the concept of borders is more about keeping people in than
 keeping people out. keeping people out is just the more common consideration
 at present. Europe, that most xenophobic of places, is now starting to mull
 "importation" of people to make up for what it sees as a coming falloff in
 population. they, of course, would like to control this immigration. we'll

Ed Dodson here:
A problem for modern social-democracies continues to be the inability to achieve
sustained full employment and by this means effectively end poverty. The safety
net benefits of the welfare state are, in one sense, a disincentive for the
so-called "native" population to accept employment at low wages and poor working
conditions. Businesses argue, therefore, that without the influx of people from
countries where conditions are considerably worse, many of the least desirable,
lowest paying jobs would go undone. In industries where salaries are high and
benefits good, native workers resent the importation of people with equal or
superior training from countires (e.g., India) because these foreign workers are
generally willing to accept much less compensation.

To add even greater complexity to the subject is the natural inclination of
people who complete 16 or 18 or 20 years of formal education to marry later and
have fewer or no children. The high cost of living in many European countries
has resulted in very low birth rates and rapidly aging populations. Either
native citizens need to be encouraged to work longer, the country needs to
provide incentives for people to have more children, greater investment must
occur in capital goods to replace the labor component of both goods production
and services, or the country must accept greater ethnic diversity. This, I am
sure most will agree, requires a degree of planning (social engineering?) that
is largely beyond the institutions of most societies.

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Re: This year econ nobel prize?

2000-10-11 Thread Fred Foldvary

On Mon, 9 Oct 2000, fabio guillermo rojas wrote:

 Any guesses on the econ nobel prize this year?

My guess is that it will be James Heckman and Daniel McFadden.


(Of course it was easy to guess after the awards were announced.)

Re: patenting

2000-10-11 Thread Alexander Robert William Robson

On Tue, 10 Oct 2000, Robin Hanson wrote:

 If the monopolist equals the paper authors, and the product
 over which there is a monopoly has its primary value in producing
 this paper, then I think the journal should require that the
 algorithm be made available free to others, but only for the
 purpose of trying to reproduce the result.

Professor Hal White presented the data snooping paper here a couple of
years ago, and I got the impression that he and the other academic authors
were not the major monopolists with a stake in the paper's algorithms.  I
doubt that the patent is held in his name only, if at all.   

Alex Robson
UC Irvine