American Economist articles from March 2008

American Economist archives from March 2008

Macroeconomics for a modern economy.(Statistical table)
March 22, 2008... Expressionism was rooted in the new experience of metropolitan life that transformed Europe between 1860 and 1930. It [is] a visionary expression of what it feels like to be adrift, exhilarated, terrified in a fast-paced, incomprehensible...

Memorializing Milton Friedman: a review of his major works, 1912-2006.
March 22, 2008... Introduction Milton Friedman was born in July 31, 1912, in Brooklyn, NY, to Jewish immigrants, Jeno Saul Friedman and Sarah Ethel Landau, who immigrated to Brooklyn, in 1890, and 1895, respectively. Friedman's parents came from Barehovo,...

"See how they learn": the impact of faculty and student learning styles on student performance in introductory economics (1).(Formula)
March 22, 2008... I. Introduction Much of the literature on economics education in the past decade has questioned the effectiveness of introductory economics courses (Becker 1997). Economics instructors, these authors argue, must move beyond the traditional...

Income inequality vs. standard of living inequality.
March 22, 2008... I. Introduction The equality presumption states that an individual, such as an economic planner, who divides a resource between other individuals without having information about their needs and tastes, would be inclined to divide the...

Do price guides guide eBay prices: the market for individual baseball cards.
March 22, 2008... Introduction The market for individual baseball cards has some unique features. In a sense, the market for individual baseball cards is completely a secondary market because the card manufacturers do not sell individual cards. Baseball...

Low flu shot rates puzzle--some plausible behavioral explanations.
March 22, 2008... I. Introduction This paper describes an economic model for analyzing an individual's decision about whether or not to be vaccinated against influenza. It shows that based upon objective parameters, the vaccination rate should be high. Yet,...

Risk avoidance and risk taking under uncertainty: a graphical analysis.(Statistical data)
March 22, 2008... 1. Introduction Market insurance (risk avoidance) and "gambling" (risk taking) are economic activities concerned with choices under uncertain environments. It is known that yon Neumann and Mogenstern's (1944) theory of expected utility...

South Africa's manufactured international trade in the post-sanctions epoch: patterns and potentials.(Statistical table)
March 22, 2008... I. INTRODUCTION The decade of the 1990s marks a key epoch in South Africa's international trade. The first Democratic elections in 1994 marks a convenient date from which point the country became able to freely trade with the rest of the...

Outsourcing innovation in a durable good monopoly.(Report)
March 22, 2008... I. Introduction If you buy a notebook computer or a personal digital assistant (PDA) today, the chances are that it is designed by a company that you have never heard before. The list of products does not stop here. In consumer electronics...

Pareto Optimum.(Poem)
March 22, 2008... PARETO OPTIMUM The search for an optimal state, With no room for change or movement, Static, with no flow: a stagnant pool. Economists have pursued for years The Pareto trail in search of...

The Emerald Enchantress *.(Poem)
March 22, 2008... THE EMERALD ENCHANTRESS * How long should we nurture you, Let you bask in your lush, luxuriant beauty? How long should the stately trees stand intact, uncut?- The sentinels of awesome majesty. Paul...

Immigrants and Their International Money Flows.
March 22, 2008... Immigrants and Their International Money Flows, ed., Susan Pozo, Kalamazoo: The Upjohn Institute, 2007 In this day and age our interaction with friends and family in other parts of the world is completely effortless. The rapid advancement...

The Paradox of a Global US.(The Paradox of a Global USA)(Book review)
March 22, 2008... The Paradox of a Global US, Bruce Mazlish, Nayan Chanda, and Kenneth Weisbrode, eds., ISBN: 10-0804751552, Pages: 240, Stanford University Press, 2007 This book arose out of collaboration between the Yale Center for the Study of...

The Myth of the Rational Voter: Why Democracies Choose Bad Policies.(Book review)
March 22, 2008... The Myth of the Rational Voter: Why Democracies Choose Bad Policies by Bryan Caplan. Princeton, NJ: Princeton University Press. 2007. 276 pages. ISBN 0-691-12942-8 $29.95 In The Myth of the Rational Voter, Bryan Caplan challenges economic...

Theories of the Firm.(Theories of the Firm, 2nd ed.)(Book review)
March 22, 2008... Theories of the Firm by Demetri Kantarelis, 2nd Edition, ISBN: 0-907776-34-5, Pages: 314 (Buckinghamshire: Inderscience Enterprises, 2007) The Theories of the Firm deals with concerns that are important and urgent in industrial...

Chapter roll.(Table)(List)
March 22, 2008... CHAPTER ROLL STATE & CHAPTER UNIVERSITY FACULTY ADVISOR Alabama Alpha Auburn University- Prof. Richard W. Ault Auburn Beta Univ. of Alabama- Prof. James Cover ...