American Economist articles from March 2007

American Economist archives from March 2007

Quit lying and address the controversies: there are no dogmata, laws, rules or standards in the science of economics.
March 22, 2007... I. Introduction The "No Child Left Behind" K-12 education initiative is associated with The National Assessment of Educational Progress (NAEP). The NAEP Economics Framework project website http://www. naepecon2006.org/projoverview.asp...

On the "orthodoxy" of Leon Hirsch Keyserling: selected major analytical and policy concepts and advice to presidents.(Author abstract)
March 22, 2007... I. Introduction Leon Hirsch Keyserling was born in Beaufort, South Carolina, 1908. He later attended Columbia University (New York) and did extensive work under the Institutionalist Rexford Guy Tugwell as an undergraduate major in...

Human capital and economic growth: evidence from developing countries *.(Author abstract)
March 22, 2007... I. Introduction The traditional Solow (1956) theory of economic growth does not explicitly measure the role of human capital. He found that the increased use of capital explained 12.5 percent of the change in gross output per man-hour...

Hispanic workers and employer sponsored health insurance.
March 22, 2007... I. BACKGROUND Forty-five million Americans currently lack health insurance. Most of these individuals reside in households in which at least one family member works (Collins et al., 2004). Nearly 70 percent of insured Americans obtain...

The hiring of an economist: a case study.
March 22, 2007... Specific knowledge of job markets is often difficult to acquire because (1) that knowledge is often acquired only by learning by doing, and (2) there is often little direct communication between buyers and sellers on how the process actually...

International comparison of economic performance index: the case of the USA, Japan and Korea.
March 22, 2007... I. Introduction Since the economic performance of a nation is reflected in many economic variables, we should consider all relevant economic variables for exact measurement of the economic performance of the nation as a whole. The same is...

Drug markets: a classroom experiment.
March 22, 2007... Introduction David Colander (2003) argued that principles courses, by design, fail to bring the more controversial issues of sex and drugs into the classroom. While I do not aim to argue with his proposition, I wish to point out one means...

Metropolitan poverty: the case of New York City **.
March 22, 2007... Background The U.S. Bureau of the Census has provided two principal estimates of poverty. Both have been conducted since 1960 (for poverty since 1959) and both have been widely used in academia, in commerce, by advocacy groups and by...

High-tech outsourcing: a benefit-cost framework.
March 22, 2007... I. Introduction and Overview Some might call it delicious irony; others might say that the chickens have come home to roost; still others say the whole issue is chicken-little. Whatever the characterization, outsourcing or offshoring of...

A Coasean Solution.(Poem)
March 22, 2007... A COASEAN SOLUTION If "diminishing marginal returns" can be deferred through science's aid, If we can internalize externalities, (An insight revealed in the Bhagvad Gita as well) If risk and uncertainty, the Siamese...

A Free Lunch.(Poem)
March 22, 2007... A FREE LUNCH There is no such thing as a "free lunch," Milton Friedman famously said, And it has now become economists' mantra. But long before Friedman, Shakespeare said: "There are more things on heaven and earth, ...

The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power and Politics of World Trade.
March 22, 2007... The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power and Politics of World Trade, by Pietra Rivoli, Hoboken: John Wiley and Sons, 2005. The lowly T-shirt is an ever-present part of global society....