Widespread ownership of Shiller's Trills might help to reduce rent-seeking and could be used to better incentivize government employees, according to Robert E. Wright of Augustana College at Sioux Falls.
{"title":"Comment on Kamstra: Additional Reasons to Be Thrilled About Trills","authors":"R. Wright","doi":"10.2202/1553-3832.1808","DOIUrl":"https://doi.org/10.2202/1553-3832.1808","url":null,"abstract":"Widespread ownership of Shiller's Trills might help to reduce rent-seeking and could be used to better incentivize government employees, according to Robert E. Wright of Augustana College at Sioux Falls.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"7 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2010-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.2202/1553-3832.1808","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68649588","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
We need to be better informed about the four formidable obstacles facing The Health Care Act (ACA), according to Henry Aaron of the Brookings Institution. Aaron delves into the tough fights that lie ahead for certain sections of the ACA, given the precarious balance of political forces leading up to the 2012 election.
{"title":"Systemic Reform of Health Care Delivery and Payment","authors":"H. Aaron","doi":"10.2202/1553-3832.1823","DOIUrl":"https://doi.org/10.2202/1553-3832.1823","url":null,"abstract":"We need to be better informed about the four formidable obstacles facing The Health Care Act (ACA), according to Henry Aaron of the Brookings Institution. Aaron delves into the tough fights that lie ahead for certain sections of the ACA, given the precarious balance of political forces leading up to the 2012 election.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"7 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2010-01-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.2202/1553-3832.1823","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68650026","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Alan Blinder argues that something must be done, and outlines the bare minimum that we must do.
艾伦·布林德(Alan Blinder)认为，我们必须做些什么，并概述了我们必须做的最起码的事情。
{"title":"Time for Financial Reform, Plan C","authors":"A. Blinder","doi":"10.2202/1553-3832.1736","DOIUrl":"https://doi.org/10.2202/1553-3832.1736","url":null,"abstract":"Alan Blinder argues that something must be done, and outlines the bare minimum that we must do.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"7 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2010-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.2202/1553-3832.1736","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68648515","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Thomas Ferguson of U. Mass, Boston and Robert Johnson of the Roosevelt Institute argue that letting Lehman fail--not the later bailout announcement--triggered the financial collapse, contrary to the views of John Taylor and John Cochrane and Luigi Zingales.
{"title":"The God that Failed: Free Market Fundamentalism and the Lehman Bankruptcy","authors":"Thomas P. Ferguson, R. Johnson","doi":"10.2202/1553-3832.1695","DOIUrl":"https://doi.org/10.2202/1553-3832.1695","url":null,"abstract":"Thomas Ferguson of U. Mass, Boston and Robert Johnson of the Roosevelt Institute argue that letting Lehman fail--not the later bailout announcement--triggered the financial collapse, contrary to the views of John Taylor and John Cochrane and Luigi Zingales.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"7 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2010-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.2202/1553-3832.1695","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68647954","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
George Akerlof and Rachel Kranton recently argued that economists and policymakers have missed the social codes that form peoples identities and guide their actions. Identity economics is sorely needed, but it must also account for context, which helps explain variation in behavior, according to Nancy Ettlinger of Ohio State University.
乔治·阿克洛夫(George Akerlof)和雷切尔·克兰顿(Rachel Kranton)最近指出，经济学家和政策制定者忽略了形成人们身份并指导他们行动的社会准则。俄亥俄州立大学(Ohio State University)的南希·埃特林格(Nancy Ettlinger)表示，身份经济学是非常必要的，但它也必须考虑到背景，这有助于解释行为的变化。
{"title":"Comment on George Akerlof and Rachel Kranton: Contexts of Identity Formation","authors":"N. Ettlinger","doi":"10.2202/1553-3832.1794","DOIUrl":"https://doi.org/10.2202/1553-3832.1794","url":null,"abstract":"George Akerlof and Rachel Kranton recently argued that economists and policymakers have missed the social codes that form peoples identities and guide their actions. Identity economics is sorely needed, but it must also account for context, which helps explain variation in behavior, according to Nancy Ettlinger of Ohio State University.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"57 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2010-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.2202/1553-3832.1794","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68648832","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The Cash for Clunkers program is not such a clunker if one considers a fuller list of benefits, according to Anna Ching, Mika Clark, Tania Dutta and Yan Zhu.
{"title":"Comment on Abrams and Parsons: CARS is Hardly a Clunker","authors":"A. Ching, Mikayla M Clark, Tania Dutta, Yan Zhu","doi":"10.2202/1553-3832.1713","DOIUrl":"https://doi.org/10.2202/1553-3832.1713","url":null,"abstract":"The Cash for Clunkers program is not such a clunker if one considers a fuller list of benefits, according to Anna Ching, Mika Clark, Tania Dutta and Yan Zhu.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"24 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2010-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.2202/1553-3832.1713","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68648041","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Why have the relative rates of women smoking grown so much in the last 100 years? How can the U.S. military do so well with a relatively flat pay scale? Standard economics hasn't a clue, but according to Berkeley economist George Akerlof and Duke economist Rachel Kranton, the answers lie in a new field called identity economics.
{"title":"Identity Economics","authors":"George A. Akerlof, R. Kranton","doi":"10.2202/1553-3832.1762","DOIUrl":"https://doi.org/10.2202/1553-3832.1762","url":null,"abstract":"Why have the relative rates of women smoking grown so much in the last 100 years? How can the U.S. military do so well with a relatively flat pay scale? Standard economics hasn't a clue, but according to Berkeley economist George Akerlof and Duke economist Rachel Kranton, the answers lie in a new field called identity economics.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"7 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2010-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.2202/1553-3832.1762","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68648312","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Casey Mulligan suggested in The Economists' Voice that this recession was caused by "something [that] made real wages high and employment low." This coincides with his own view of the causes of the Great Depression. The similarity inevitably brings back General-Theory-Keynes, according to Da Silva, and justifies the suspicion of some salt water economists that Mulligan is blaming both downturns on laziness.
{"title":"Comment on Casey Mulligan: Keynes in Both Fresh and Salt Water","authors":"S. Da Silva","doi":"10.2202/1553-3832.1734","DOIUrl":"https://doi.org/10.2202/1553-3832.1734","url":null,"abstract":"Casey Mulligan suggested in The Economists' Voice that this recession was caused by \"something [that] made real wages high and employment low.\" This coincides with his own view of the causes of the Great Depression. The similarity inevitably brings back General-Theory-Keynes, according to Da Silva, and justifies the suspicion of some salt water economists that Mulligan is blaming both downturns on laziness.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"7 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2010-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.2202/1553-3832.1734","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68648447","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Is Today's Unemployment Structural?","authors":"J. Delong","doi":"10.2202/1553-3832.1789","DOIUrl":"https://doi.org/10.2202/1553-3832.1789","url":null,"abstract":"Many advocate an end to stimulus and view unemployment as structural. J. Bradford DeLong of UC Berkeley challenges that view.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"28 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2010-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.2202/1553-3832.1789","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68648649","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
William Nordhaus argues (“Carbon Taxes to Move Toward Fiscal Sustainability,” Sept 2010) that “most people are surprised to learn that the effect [of a carbon tax] on gasoline prices is relatively small.” This is true in general, but the specific number cited by Nordhaus—that a tax of $25 per ton of carbon dioxide “would raise gasoline prices only 7 cents a gallon” —is a mistake, one that apparently came from a switch from discussing carbon units to carbon dioxide units. Each ton of carbon produces 44/12 tons of carbon dioxide. As a result, although a tax of $25 per ton of carbon would raise gasoline prices by approximately 7 cents per gallon, a tax of $25 per ton of carbon dioxide would raise gasoline prices by approximately 25 cents per gallon. A second issue is that it is not clear whether Nordhaus is using “metric tonnes” or the “short tons” often used in the U.S. The difference here is not great—one metric tonne is approximately 1.1023 short tons, so a tax of $25 per metric tonne CO2 is equal to a tax of about $23 per short ton CO2—but it highlights the need for caution when performing carbon tax calculations.
{"title":"Comment on Nordhaus: Carbon Tax Calculations","authors":"Yoram Bauman","doi":"10.2202/1553-3832.1796","DOIUrl":"https://doi.org/10.2202/1553-3832.1796","url":null,"abstract":"William Nordhaus argues (“Carbon Taxes to Move Toward Fiscal Sustainability,” Sept 2010) that “most people are surprised to learn that the effect [of a carbon tax] on gasoline prices is relatively small.” This is true in general, but the specific number cited by Nordhaus—that a tax of $25 per ton of carbon dioxide “would raise gasoline prices only 7 cents a gallon” —is a mistake, one that apparently came from a switch from discussing carbon units to carbon dioxide units. Each ton of carbon produces 44/12 tons of carbon dioxide. As a result, although a tax of $25 per ton of carbon would raise gasoline prices by approximately 7 cents per gallon, a tax of $25 per ton of carbon dioxide would raise gasoline prices by approximately 25 cents per gallon. A second issue is that it is not clear whether Nordhaus is using “metric tonnes” or the “short tons” often used in the U.S. The difference here is not great—one metric tonne is approximately 1.1023 short tons, so a tax of $25 per metric tonne CO2 is equal to a tax of about $23 per short ton CO2—but it highlights the need for caution when performing carbon tax calculations.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"7 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2010-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.2202/1553-3832.1796","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68648783","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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