American Economist articles from March 2000

American Economist archives from March 2000

THE GOLDEN VIRTUE OF ECLECTICISM IN ECONOMICS JOHN R. COMMONS AWARD LECTURE.(Transcript)
March 22, 2000... Introduction by Patrick B. O'Neill This award consists of no stipend for the recipient--rather travel money for graduate students presenting papers at the Meetings in 2001 and 2002 will be given in the name of the Commons award recipient....

NORMATIVE FOUNDATIONS OF INTRODUCTORY ECONOMICS.
March 22, 2000... Emily Northrop [*] Abstract According to Robert Solow, the orthodox model "underplays the significance of ethical judgments both in its approach to policy and in its account of individual and organizational behavior." This paper...

BACK TO BASICS: RESERVE REQUIREMENTS AND MONEY STOCK CHANGES, 1929-1936.
March 22, 2000... Robert F. Stauffer [*] Abstract This paper explains how the shift of deposits from nonmember banks and country banks to larger member banks increased the average or "effective" reserve requirement in the 1929-1936 period. The result...

LABOR FORCE PARTICIPATION OF MARRIED WOMEN: DO REGIONS MATTER?
March 22, 2000... Augustin Kwasi Fosu [*] Abstract The paper argues that regional idiosyncratic factors may contribute to determining the labor force participation (LEP) preferences of married women. Analyzing data across metropolitan statistical areas...

DO DOLLARS MAKE A DIFFERENCE? THE RELATIONSHIP BETWEEN EXPENDITURES AND TEST SCORES IN PENNSYLVANIA'S PUBLIC SCHOOLS.
March 22, 2000... Jonathan Klick [*] Abstract For the past three decades it has been evident that the quality of public schools in the United States has been on the decline. Whether measured empirically against the systems of other countries or judged...

LUMPERS AND SPLITTERS IN ECONOMICS, A NOTE.
March 22, 2000... Charles P. Kindleberger [*] In refereeing a paper about financial crises which used the Minsky-Kindleberger model, I encountered the remark that on this subject I am a "lumper," presumably one who views all financial crises as more or less...

Selling Dreams--How To Make Any Product Irresistible.(Review)
March 22, 2000... Selling Dreams--How To Make Any Product Irresistible. By Gian Luigi Longinotti-Buitoni. New York, NY: Simon & Schuster, 1999. Pp. 335 $26.00 Truly differentiating one firm from another is a critical task faced by any corporate manager....

CONTRACT OR WAR? ON THE CONSEQUENCES OF A BROADER VIEW OF SELF-INTEREST IN ECONOMICS [*].
March 22, 2000... Stergios Skaperdas [**] The first principle of Economics is that every agent is actuated only by self-interest. The workings of this principle may be viewed under two aspects, according as the agent acts without, or with, the consent of...

SWINGS OF THE PENDULUM: A REVIEW OF THEORY AND PRACTICE IN DEVELOPMENT ECONOMICS.
March 22, 2000... A.J. Kondonassis [*] A.G. Malliaris [**] T.O. Okediji [***] Abstract The first purpose of this paper is to reveal some insights offered by our experiences in theorizing about development economics and in doing so to shed some...

PERCEIVED CONDUCT AND PROFESSIONAL ETHICS AMONG COLLEGE ECONOMICS FACULTY.(Statistical Data Included)
March 22, 2000... Michael J. Piette [*] Abstract We present survey results that shed light on the perceived frequency and severity of 61 professional practices. Our findings, based on questionnaires completed by 728 academic economists in the United...

CAN CONSUMER ATTITUDES FORECAST TILE MACROECONOMY?
March 22, 2000... Marc C. Chopin [*] Ali F. Darrat [**] I. Introduction Researchers and policy-makers have often used surveys of consumer attitudes to forecast economic performance. The perceived importance of consumer attitudes is evidenced by the...

SERVICE-LEARNING AND THE ECONOMICS COURSE: THEORY AND PRACTICE.
March 22, 2000... KimMarie McGoldrick [*] Ann Battle [**] Suzanne Gallagher [***] Abstract Service-learning has grown in popularity as a pedagogical alternative in many liberal arts based educational settings. While many disciplines have...