CENTER FOR ECONOMIC AND POLICY RESEARCH
FOR IMMEDIATE RELEASE
CONTACT:
Todd Tucker, 202-293-5380, ext. 213
July 20, 2004
Bretton Woods' 60th Anniversary
International Financial Institutions Need Internal Workforce Reform, say
economists
The World Bank and International Monetary Fund should tie its
backed off that projection.
Finally, Democrats latched on to an obtuse question in the report, When a
fast-food restaurant sells a hamburger . . . is it providing a 'service'
or is it combining inputs to 'manufacture' a product? The point,
administration economists said, was to question
mortality rate lower than its northern
neighbor, President Fidel Castro asserted early Saturday.
In a 4-hour speech to economists, Castro also took shots at President
Bush, saying he couldn't debate a Cuban 9th-grader. He recited for a
half-hour from a published compilation of Bush malapropisms, bent
, February 16, 2004 11:03 AM
To: [EMAIL PROTECTED]
Subject: Castro addresses conference of Economists
The Guardian, Saturday February 14, 2004
Castro: U.S. Embargo Hasn't Broken Cuba
By LISA J. ADAMS
Associated Press Writer
HAVANA (AP) - America's economy hangs by a thread while Cuba - after
four
Sveavagen 65
S-113 83 Stockholm,SWEDEN
ABSTRACT:
How should economists be responding to the arguments made by
anti-globalization activists? This Paper examines the writings
of Naomi Klein, one of the leaders in the anti-globalization
movement. The contents of her
Click on the mouse and see what economists and their
inferior brethren in political science do:
http://www.foulds2000.freeserve.co.uk/economists.htm
http://weekly.ahram.org.eg/2003/654/re3.htm
Dubious in Dubai
Regional conflicts have undermined participation in the upcoming World
Bank and IMF meeting. Mohamed Darwish reports from Dubai
The World Bank, International Monetary Fund (IMF) and Dubai 2003
Organising Committee are all worried about
because I won the $1,000 prize.
Market analysis of potential events - Nanodot:
http://nanodot.org/article.pl?sid=03/05/28/0658256
PEN-L:1349] Economists for sale. Make big bucks:
http://archives.econ.utah.edu/archives/pen-l/1995m11.b/msg00099.htm
Tom Walker
604 255 4812
of markets
themselves, is not a possibility which is considered.
Cheers
J.
- Original Message -
From: Eubulides [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Friday, July 11, 2003 5:08 AM
Subject: [PEN-L] if you line up all the economists from end to end
[ for more; http
[ for more; http://www.quine-duhem.com ]
[NYTimes]
July 11, 2003
Data in Conflict: Why Economists Tend to Weep
By DANIEL ALTMAN
Is the economy pulling itself out of a slump, or is it sinking deeper?
The answer could be either, based on the data from government agencies
these days. Because
Re Andie Nachbogebornen: If Daubert is a defense weapon, and I suspect
it is, it is because firms like mine probably have the money to hire
better experts, .. You don't need an econ degree to do it, just some
understanding of statistics and an operative bullshit detector.
COMMENT: I know nothing
Daubert and Rule 702 do not allow a judge to exclude
expert evidence merely because there is conflict or
disagreement or varying opinions. As long as the
expert testimony is gebnerated by a reliable method
and based on fact, conflicts are for the jury (or
finder of fact) to decide. Expert
This column from the WSJ, 6/27/03 leads to two thoughts.
First, the law somehow always gets twisted to favor business over people.
Second, I don't see how orthodox economists will be allowed to testify
in court if judges are competent.
Gene Coyle
SCIENCE JOURNAL
By SHARON BEGLEY
'Junk Science
to two thoughts.
First, the law somehow always gets twisted to favor business over people.
Second, I don't see how orthodox economists will be allowed to testify
in court if judges are competent.
Gene Coyle
SCIENCE JOURNAL
By SHARON BEGLEY
'Junk Science' Ban Also Keeps
Jurors From Sound
Title: RE: [PEN-L] Economists barred from court?
also, the voir dire process also is likely to exclude those who can judge the value of science. When I was being considered for a civil suit jury one time (in a case involving alleged accounting fraud), it seemed that anyone with significant
In your case I suspect the sandals, headband, and love beads
were a dead giveaway.
mbs
also, the voir dire process also is likely to exclude those who can judge
the value of science. When I was being considered for a civil suit jury one
time (in a case involving alleged accounting fraud), it
Title: RE: [PEN-L] Economists barred from court?
it's also the incense I smoke and the little spoon I wear on my necklace...
-Original Message-
From: Max B. Sawicky
To: [EMAIL PROTECTED]
Sent: 6/27/2003 12:54 PM
Subject: Re: [PEN-L] Economists barred from court?
In your case I
economists will
be allowed to testify
in court if judges are competent.
Gene Coyle
SCIENCE JOURNAL
By SHARON BEGLEY
'Junk Science' Ban Also Keeps
Jurors From Sound Evidence
Ellen Relkin was sure that junk science played
no part in her case.
Her client, Lisa Soldo, a healthy
http://www.nytimes.com/2003/06/08/magazine/08NYU.html
The Times has a nice article about NYU paying big bucks for T. Sargent.
What do you think about it.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
- Original Message -
From: Michael Perelman [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Tuesday, June 10, 2003 10:09 PM
Subject: [PEN-L] big bucks for economists
http://www.nytimes.com/2003/06/08/magazine/08NYU.html
The Times has a nice article about NYU paying big bucks for T
There are several articles and a press release against unilateral war at:
http://www.ecaar.org/
Maybe this has been discussed some time ago but the press release seems
recent with a lot of signatures, Arrow Shaikh etc signing on among others.
Cheers, Ken Hanly
CENTER FOR FULL EMPLOYMENT AND PRICE
STABILITY
Special Report 03/01 February,
2003
OPPOSITION TO THE BUSH TAX CUTS
Recently, a group of economists (including at
least 10 Nobel laureates) has been circulating a statement opposing the tax
cuts proposed by President Bush
Title: RE: [PEN-L:34820] C-FEPS report on Economists' Statement
comments/quibbles follow below, marked with [[double brackets]]
CENTER FOR FULL EMPLOYMENT AND PRICE STABILITY
Special Report 03/01 February, 2003
OPPOSITION TO THE BUSH TAX CUTS
Recently, a group of economists (including
Forstater, Mathew wrote:
I don't think anyone argues that no taxes are necessary?
Several years ago, I had an argument with a New School grad student
who claimed just that - that the gov could just print money to pay
its expenses. It was like no real resources were involved.
No taxes would
the Economists' statement is that the notions that any
stimulus package should provide only a temporary boost; that investment
incentives should be temporary; and that tax cuts must be
revenue-neutral, seriously misunderstands our present economic
situation. All these are found in the statement. I have
Doug Henwood wrote:
Several years ago, I had an argument with a New School grad student
who claimed just that - that the gov could just print money to pay
its expenses. It was like no real resources were involved.
As best as I can understand it, this comes pretty close to describing
This statement is so frustrating--chronic deficits exacerbating the
long term budget outlook reduce the capacity of the government to
finance... Just keep backing yourselves further an further into the
corner, so you can never support common sense budgetary policy again, or
only do so at the risk
Title: RE: [PEN-L:34704] FW: Economists' statement opposing the Bush tax cuts
heck, it only backs us into a corner if the government pays attention. The only impact the statement is likely to have is to discourage further large tax cuts for the rich...
a signer
Title: RE: [PEN-L:34704] FW: Economists' statement opposing the Bush tax cuts
Why use arguments one knows to be untrue? They
can only come back to haunt.
-Original Message-
From: Devine, James
[mailto:[EMAIL PROTECTED]]
Sent: Thursday, February 13, 2003
5:12 PM
To: '[EMAIL
Cuz then the signatories would be limited to
the members of this list!
mbs
-Original Message-
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]]On Behalf Of Forstater, Mathew
Sent: Thursday, February 13, 2003 6:06 PM
To: [EMAIL PROTECTED]
Subject: [PEN-L:34704] FW: Economists' statement
all kinds of lies one could write if the only goal is to attract
signatures. Doesn't the substance matter?
-Original Message-
From: Max B. Sawicky [mailto:[EMAIL PROTECTED]]
Sent: Thursday, February 13, 2003 5:30 PM
To: [EMAIL PROTECTED]
Subject: [PEN-L:34708] RE: FW: Economists
Title: RE: [PEN-L:34704] FW: Economists' statement opposing the Bush tax cuts
only if one
has power of some sort. The fact is, however, that given the balance of
political power the Bush tax cuts and war spending seem to be perfectly designed
to starve the civilian side of the government
On the substance, I didn't think this letter
was so bad. I signed it myself (I've avoided
signing previous ones).
The content of this is totally lost on the public.
A PEN-L petition is not going to change anybody's mind.
We got wall-to-wall coverage, and news stories
said 'economists don't like
PROTECTED]
Subject: [PEN-L:34707] RE: RE: FW: Economists' statement opposing the Bush
tax cuts
Why use arguments one knows to be untrue? They can only come back to haunt.
-Original Message-
From: Devine, James [mailto:[EMAIL PROTECTED]]
Sent: Thursday, February 13, 2003 5:12 PM
To: '[EMAIL
Forstater, Mathew wrote:
This statement is so frustrating--chronic deficits exacerbating the
long term budget outlook reduce the capacity of the government to
finance... Just keep backing yourselves further an further into the
corner, so you can never support common sense budgetary policy again,
Right, this is why I didn't sign it either (despite the enormous
persuasive power of my endorsement).
Peter
Forstater, Mathew wrote:
This statement is so frustrating--chronic deficits exacerbating the
long term budget outlook reduce the capacity of the government to
finance... Just keep
Henwood [mailto:[EMAIL PROTECTED]]
Sent: Thursday, February 13, 2003 7:01 PM
To: [EMAIL PROTECTED]
Subject: [PEN-L:34718] Re: FW: Economists' statement opposing the Bush
tax cuts
Forstater, Mathew wrote:
This statement is so frustrating--chronic deficits exacerbating the
long term budget outlook
Title: FW: Dissident economists fight to be heard
-Original Message-
From: Lee, Frederic
Chronicle of Higher Education, issue dated January 24, 2003
Taking On 'Rational Man'
Dissident economists fight for a niche in the discipline
By PETER MONAGHAN
How do you start a fire
, Frederic
Chronicle of Higher Education, issue dated January 24, 2003
Taking On 'Rational Man'
Dissident economists fight for a niche in the discipline
By PETER MONAGHAN
snip
It is not that Notre Dame wants to abandon the subjects that its
heterodox
researchers study, ones appropriate
- Original Message -
From: Eugene Coyle [EMAIL PROTECTED]
There are some lines in what Jim Devine posted ...
satisfying the field's evaluative norms.
that remind me of what I was told when losing my job years ago:
You must teach orthodox economics so students will have what
Chronicle of Higher Education, issue dated January 24, 2003
Taking On 'Rational Man'
Dissident economists fight for a niche in the discipline
By PETER MONAGHAN
How do you start a fire under a huge wet blanket? A faction of disgruntled
economists says that is their predicament.
Their efforts
The Notre Dame story is quite troubling. Notre Dame had had a few good
liberals and even a UMass Marxist. As I understand it, Notre Dame made its
attempt to become a first-line economics department by hiring Phil Mirowsky and
offering him to right to oversee several hires.
Mirowsky and the
- Original Message -
From: Michael Perelman [EMAIL PROTECTED]
=
Even better is the following gem:
Does economics make citizens corrupt
Bjorn Frank Gunther Schulze
Journal of Economic Behavior Organization
Vol. 43 (2000) p 101-113
- Original Message -
From: Jeff Boggs [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Sunday, December 08, 2002 7:28 PM
http://www.gnu.org/philosophy/economics_frank/frank.html
check out this link on economists and free riding behavior...
--
J E F F B O G G S
Ph.D
The original reference is
Frank, Robert H., Thomas Gilovich, and Dennis T. Regan. 1993. Does
Studying Economics Inhibit Cooperation? Journal of Economic Perspectives,
7: 2 (Spring): pp. 159-72.
On Fri, Dec 13, 2002 at 12:42:57PM -0500, Ann Li wrote:
--
Michael Perelman
Economics Department
. We found that
economics students are significantly more corrupt than others, which is
due to self-selection rather than indoctrination. Moreover, our results
vary with gender - male students of economics are most corrupt, male
n0n-economists the least. Also agents are no less corrupt if rewarded
CONFRONTING 9-11, IDEOLOGIES OF RACE, AND EMINENT ECONOMISTS
Research in Political Economy, Volume 20
Paul Zarembka, editor
JAI/Elsevier Science, Inc.
Confronting 9-11, the first chapter draws
The punch line comes at the end.
Capitalist Politicians, Socialist Bureaucrats? Legends of
Government Planning from Japan
Antitrust Bulletin, Forthcoming
BY: YOSHIRO MIWA
University of Tokyo
J. MARK RAMSEYER
Harvard Law School
Document:
: [PEN-L:32794] Damn Marxist Economists Again
The punch line comes at the end.
Capitalist Politicians, Socialist Bureaucrats? Legends of
Government Planning from Japan
Antitrust Bulletin, Forthcoming
BY: YOSHIRO MIWA
University of Tokyo
J. MARK
http://straitstimes.asia1.com.sg/asia/story/0,4386,153191,00.html?
RUN-UP TO 16TH PARTY CONGRESS
Qinghua mafia will call the shots
But a growing band of lawyers and economists could make a significant impact
in the years ahead
By Leslie Fong
NEWS ANALYSIS
TECHNOCRATS, many belonging
Michael Perelman wrote:
Think of the URPE people who have moved to the right.
E.g. Bruce Steinberg, former edit board member of RRPE, now chief
economist, Merrill Lynch.
Doug
Patrick Clawson has gone much further.
On Tue, Aug 27, 2002 at 10:56:46AM -0400, Doug Henwood wrote:
Michael Perelman wrote:
Think of the URPE people who have moved to the right.
E.g. Bruce Steinberg, former edit board member of RRPE, now chief
economist, Merrill Lynch.
Doug
--
Anybody have handy the famous Keynes quote about
dead economists?
Ellen
Ellen, here you go:
The ideas of economists and political philosophers, both when they are
right and when they are wrong, are more powerful than is commonly
understood. Indeed the world is ruled by little else. Practical men, who
believe themselves to be quite exempt from any intellectual
Thanks Gil!
[EMAIL PROTECTED] writes:
Ellen, here you go:
The ideas of economists and political philosophers, both when they are
right and when they are wrong, are more powerful than is commonly
understood. Indeed the world is ruled by little else. Practical men,
who
believe themselves
At 03:44 PM 8/26/2002 -0400, Gil Skillman wrote:
The ideas of economists and political philosophers, both when they are
right and when they are wrong, are more powerful than is commonly
understood. Indeed the world is ruled by little else. Practical men, who
believe themselves to be quite
Ben was on target. Keynes was an elitist snob, surely expecting that he
and people like him control the world. It is more likely that the
economists merely say what is useful to those in power -- at last those
economists who get listened to more widely.
Stiglitz is saying some good stuff now
Title: economists
[was: RE: [PEN-L:29531] Re: RE: Liu on Stiglitz]
Gene writes:I also disaggre w/Jim's assesment of economists. I see few seeking truth and way over 99% Pleasing the Boss.
I hope I didn't give the impression that it was a significant number of economists who had
Jim, I certainly agree with your last sentence. The function of the
neo-classical micro, and the Chicago sub-set, is exactly to serve the purpose
of the business types. They need that story to train the press, politicians,
opinion leaders. The economists' job is to tell the story.
Here
that story to train the press,
politicians, opinion leaders. The economists' job is to tell the story.
Here are a paragraph from Wendell Berry and a paragraph from me from
a forthcoming publication:
This idea of a global free market economy, despite its obvious moral flaws and
its dangerous
- Original Message -
From: Eugene Coyle
To: [EMAIL PROTECTED]
Sent: Saturday, August 17, 2002 2:35 PM
Subject: [PEN-L:29544] Re: economists
Jim, I certainly agree with your last sentence. The function of the
neo-classical micro, and the Chicago sub-set, is exactly to serve
the purpose
Mark Weisbrot wrote this letter. They are trying to collect
economists' signatures. If you are interested, reply to the
address at the bottom, not to me or the list.
An Open Letter From Economists on the Crisis in Argentina
We, the undersigned economists, express our concern
At 05/04/02 18:20 -0600, Mathew Forstater
wrote:
Re: Louis' Argentina piece:
Regarding the January 24, 2002 proposal of Argentine economists of the
University of Buenos Aires, setting out an alternative,
non-freemarketneoliberal, program -- An english translation of this
program is now up
Re: Louis' Argentina piece:
Regarding the January 24, 2002 proposal of Argentine economists of the
University of Buenos Aires, setting out an alternative,
non-freemarketneoliberal, program -- An english translation of this
program is now up on the Monthly Review website at
http
...some men rob you with a six gun...others with a fountain
pen... Woody Guthrie on bankers. --- Original Message ---
From: Charles Jannuzi [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Date: 3/20/02 9:09:19 PM
Italian guerilla group blamed for economist's murder
I condemn this brutal and
A Reuter's story in The Irish Times 3/20/02
Italian guerilla group blamed for economists
!
; murder
!
; Last updated: 20-03-02, 19:46
!
; Italy's interior minister said today an offshoot of the Red Brigades, an Italian urban guerilla
!
; movement that was active in the 1970s and 1980s,
Italian guerilla group blamed for economist's murder
I condemn this brutal and senseless act of violence. Where are the
investment bankers?
Tom Walker
Italian guerilla group blamed for economist's murder
I condemn this brutal and senseless act of violence. Where are the
investment bankers?
Well, they are busy either helping to run the government or the businesses
that will further enrich Berlusconi. Like with the Bushes, it's hard to tell
Recovery Signs Don't Include CEOs
By Michael McKee
Washington, Feb. 22 (Bloomberg) -- While economists are looking
for a more rapid U.S. recovery than they were a month ago, chief
executives at Wal-Mart Stores Inc., Dell Computer Corp., Eaton
Corp. and most of the biggest companies don't see
2002 OUTLOOK: Economists say vehicle sales could fall 10%
January 9, 2002
BY ALEJANDRO BODIPO-MEMBA
DETROIT FREE PRESS BUSINESS WRITER
Citing the effects of the Sept. 11 terrorist attacks along with a weakening economy,
economists from the three traditional Detroit automakers estimate car
Renowned U.S. Economists Denounce Corporate-Led Globalization
Published on Wednesday, November 21, 2001
Nobel Prize winner Joseph Stiglitz and internationally acclaimed
economist Paul Krugman decry undemocratic, unsound, and unethical
corporate agenda
by James L. Phelan
It seems critics
Mathematical view of Tube 'does not add up'
Kevin Maguire
Friday November 16, 2001
The Guardian
Private operators taking over a part-privatised London Underground would
get up to £90m a year in bonuses while failing to improve
services under a plan to turn the network into a complex
Economists Allied for Arms Reduction letter to President Bush
September 20, 2001
The Honorable Joseph Biden, Chairman
Senate Foreign Relations Committee
United States Senate
Dear Senator Biden:
In the wake of the terrible events of September 11 in New York and
Washington and rapid moves toward
[Surely of some pertinence and lest the biggest threat to academic
freedom becomes one's fellow academics and, of course, real world
irrelevance...I cut some of the fat from the essay, but provided the
link for those interested]
http://csf.colorado.edu/bcas/sympos/sylie.htm
Moral Ambiguity,
of the Tobin Network USA.
http://www.cepr.net
Economists' Appeal
The last two years have seen the rapid growth of an international movement in support of tax on excessive speculation in currency and other financial markets.
This movement has prompted resolutions in support of such taxes
The Winter 2001 issue of the History of Political
Economy (HOPE) has an article bearing the subject
heading as its title by Melvin W. Reder. He alleges
anti-Semitism on the parts of Keynes, Schumpeter,
and Hayek. He also claims that there was a decline
in anti-Semitism after 1950.
http://www.linguafranca.com/print/0103/cover_clothes.html
Lingua Franca - March 2001
COVER STORY
Clothes Encounters
Activists and economists clash over sweatshops
by Liza Featherstone and Doug Henwood
"ARE YOU A ZAPATISTA?" ASKED JAGDISH BHAGWATI, ONE OF THE WORLD'S
preemi
from SLATE's summary of other magazines:
National Review [a traditional right-wing rag], Feb. 19
A piece about liberal economist Paul Krugman calls him "the
smartest man ever to have a regular column on the op-ed page of the
New York Times" before blasting him for the "latent thuggishness"
of
There may not even be "social fixes"
Ian
-Original Message-
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]]On Behalf Of Jim Devine
Sent: Saturday, February 10, 2001 7:34 AM
To: [EMAIL PROTECTED]
Subject: [PEN-L:7979] economists in the news
from SLATE's summar
What economists are saying
By Heather Witham
Besides reading The Economist, one way to determine thoughts of mainstream capitalist
economists is to attend the annual American Economics Association (AEA) convention.
This year, approximately 8,000 economists descended upon the streets of New
appeal to. Universities like Columbia and my own in Jo'burg (Wits) are
taking this up in coming weeks, so it is really crucial to have a long
list of economists and other academics, internationally, endorse this
call. Please read the brief letter, below, and sign on today!
(And do have a look
today's (12/21/00) Wall St. Journal says that economists and corporate
chiefs alike have been surprised by the "sudden" world wide slowdown in
the economy.
They should have listened to Rob Schaap
Gene Coyle
**
"Specifically, we ask whether, given comme
Christina David Romer wrote:
"Specifically, we ask whether, given commercial forecasts of inflation,
the Federal Reserve forecasts are useful in predicting inflation. To
analyze this question, we examine regressions of inflation on commercial
and Federal Reserve forecasts. We find that the
I think that the excessive belief in the new economy gave the Fed the confidence to
allow unemployment
to fall below the supposedly NAIRU limits. I believe it also gave the Fed fear that
the economy had
much more vigor than it did when they laid a series of interest rate hikes over and
beyond
At 09:48 AM 12/21/00 -0800, you wrote:
I think that the excessive belief in the new economy gave the Fed the
confidence to allow unemployment
to fall below the supposedly NAIRU limits.
I believe instead that the Fed is groping in the dark. They don't know what
the NAIRU is (or whether it
Ian, the results of the Romer study should not be surprising. After all, the
Fed is a major actor in determining the outcome of the economy. I would expect
that the steel industry would do better in predicting future short run
investments in steel than the Fed would because the steel industry
Michael Perelman wrote:
Perhaps Bush will have the same run of luck that Clinton did.
Perhaps . . . if he hangs around in the Oval Office with his fly undone.
Tom Walker
Sandwichman and Deconsultant
Bowen Island
(604) 947-2213
Timework Web said on 12/21/00 11:02 A
Perhaps Bush will have the same run of luck that Clinton did.
Perhaps . . . if he hangs around in the Oval Office with his fly undone.
Are you implying that it was the power of the penis rather than the
office? Or a complimentary effect? Now you've got
Perhaps Bush will have the same run of luck that Clinton did.
Michael Perelman
Perhaps, but Bush is not likely to have the same political luck (see,
below, the news of inaugural protests), which may affect his economic
luck!
* From: "Jay Moore" [EMAIL PROTECTED]
Subject: Plans Take
Eugene Coyle wrote:
They should have listened to Rob Schaap
Starting when?
Doug
Six or eight months ago. Maybe longer.
Gene
Doug Henwood wrote:
Eugene Coyle wrote:
They should have listened to Rob Schaap
Starting when?
Doug
Eugene Coyle wrote:
They should have listened to Rob Schaap
Starting when?
Doug
***
From: Rob Schaap
Subject: Re: Re: U.S.Monetary Policy
Date: Thu, 23 Mar 2000 04:14:35 -0800
Evening all,
If
Apologies for cross-posting
This is a reminder about the forthcoming conference in July 2000 of the
'Association of Heterodox Economists'. Beginning two years ago as a one-day
fringe
event at the Royal Economic Society Conference with 40 participants,
the conference grew last year to a two-day
Dear colleague,
attached you find a declaration by European economists entitled
"Full employment and a strong social constitution - Alternatives for a New
Economy in Europe".
This declaration is the result of the discussions which the working group
"European economists for
Max:
The wealth tax is a real difference. Enacting the Ackerman/Alstott
scheme might better than anything else now on the horizon. But stake or
no stake, I am still wary of the notion of each individual poor person
as atomized consumer/investor. It may be an accurate reflection of our
social
I agree that's well taken. But insofar as a great part
of our consumption is individually financed, and ever
more will be so, redistributing wealth in the form of cash
will be an enduring and compelling option in the pursuit
of equality.
mbs
The wealth tax is a real difference. Enacting the
lly modified food and what he calls
the new "hypercapitalism," is the No. 1 seller in Italy and No. 3 in
Germany, even though it failed to make national best-seller lists in the
United States.
The three men are examples of a curious trend: the popularity in Europe of
left-of-c
This is a good article, but I want to quibble with the
characterization
of the Ackerman proposal, of which I am a fan. First of all, there
are
two authors of the book and proposal, Ackerman and Anne Alstott,
also a Yale law prof. Ackerman describes himself as a 'kantian
liberal.' I'll leave
In addition to Ackerman, Michael Sherraden at Washington University in
St.Louis has proposed Individual Development Accounts (IDAs), which Clinton
actually included in his 2000 State of the Union address. Forty-four states
already have small experimental versions of these IDAs, including 27
response to Joel B:
The Ackerman/Alstott scheme is different from IDA's in some
key respects. Typically with IDA's the account holder
contributes in some measure, so it would be hard to have
an IDA at age 21 based on contributions from earnings
prior to that age. Ackerman/Alstott propose a
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