Journal of Economic Issues articles from March 2002

Journal of Economic Issues archives from March 2002

Determinants and effects of institutional change: A case study of dry bean grades and standards.(food industry research data)(Statistical Data Included)
March 1, 2002... In an era marked by the twin forces of globalization and agro-industrialization, global food markets are undergoing a shift from homogeneous markets to differentiated markets, a reorientation from national markets to global markets, a move from...

Explaining the gender poverty gap in developed and transitional economies.(economic research and data)
March 1, 2002... As economies throughout the world experience large and wrenching changes, poverty has increasingly become a problem in country after country. This is true regardless of whether these changes result from globalization, the economic transition...

Intellectual property and eminent domain: If ever the twain shall meet.
March 1, 2002... One source of the limited practical utility of economic analysis in the reshaping of intellectual property institutions has been the unfortunate tendency on the part of too many economists to slip into modes of analysis that are essentially a...

The world's richest municipality: The importance of institutions for municipal development.
March 1, 2002... Success, Institutions, and Institutional Change Success in Brief Organizations with the capability to handle uncertainty are those which best solve problems and stay successful for longer periods of time. This assertion is strongly...

A tale of four CARICOM countries.
March 1, 2002... Less developed countries depend to a great extent on the more developed countries for growth and development. They depend on the more developed countries to purchase most of the output of their principal products and services--sugar and...

Thorstein Veblen and Western thought fin de siecle: A recent interpretation.
March 1, 2002... Despite the substantial body of literature interpreting the life and work of Thorstein Veblen (1857-1929), until recently no study existed which situated him in the larger context of European thought at the turn of the twentieth century. (1)...

Thomas Jefferson's agrarian vision and the changing nature of property.
March 1, 2002... The great frozen ice-caps of the world's traditional agrarian systems and rural social relations lay above the fertile soil of economic growth. It had at all costs to be melted, so that the soil could be ploughed by the forces of...

The Convention on Biological Diversity: An institutionalist perspective of the debates.
March 1, 2002... Biodiversity came out as a global issue from the mid 1980s, under the pressure of converging forces: the threatening increase in species extinction and the changes in the theory as well as in the practice of nature conservation, but also the...

Lewis Mumford and institutional economics.
March 1, 2002... Lewis Mumford (1895-1990) was one of twentieth century America's most important heterodox scholars of technology, but his work is virtually unknown to most institutional economists today. (1) This is surprising, since Mumford's intellectual...

A political economic commentary on government finance and monetary policy. (Notes and Communications).
March 1, 2002... In a provocative essay on state finance, Stephanie Bell (2000) made an important contribution to understanding the institutional details of the US central bank and Treasury operations on bank reserves. My effort in this paper is to flesh out...

A reply to "A Political Economic Commentary on Government Finance and Monetary Policy". (Notes and Communications).(report review and opinion)
March 1, 2002... This note is a reply to "A Political Economic Commentary on Government Finance and Monetary Policy," which William Van Lear wrote in response to my "Do Taxes and Bonds Finance Government Spending?" Below I address the three main points raised...

Capitalism, employment, and complexity: With further critical comments on another Hodgson. (Notes and Communications).(report evaluation and opinion)
March 1, 2002... I would be very grateful if the readers of this journal would help me. It seems that there is another "Geoffrey Hodgson" who also published a book called Economics and Utopia in 1999. This other Hodgson is the one whom Stephanie Bell and John...

Response to Hodgson.(responding to Geoffrey M. Hodgson)
March 1, 2002... Geoff Hodgson charges us with misrepresenting the arguments advanced in his recent Economics and Utopia. There are two general grounds on which this charge is made: (1) we are accused of treating him as a technological determinist, and (2) we...

John Sydenham Furnivall: An unknown institutionalist.
March 1, 2002... John Sydenham Furnivall was a British colonial administrator in Burma from 1900 to 1921 and then studied colonial administrations during the two decades between the world wars. Although he had never heard of American institutionalism, he...

Value Theory and Economic Progress: The Institutional Economics of J. Fagg Foster. (Book Reviews).
March 1, 2002... Value Theory and Economic Progress: The Institutional Economics of J. Fagg Foster by Marc R. Tool. Boston: Kluwer Academic Publishers. 2000. Cloth, ISBN 0-7923-7830-X, $99.95. 231 pages. In this volume Marc Tool presents a comprehensive...

Ideology and Utopia in the Social Philosophy of the Libertarian Economists. (Book Reviews).
March 1, 2002... Ideology and Utopia in the Social Philosophy of the Libertarian Economists by Rick Tilman. Westport, Conn.; London: Greenwood Press. 2001. Cloth, ISBN 0-3133-1558-2, $64.95. 196 pages. During the twentieth century there was a moment when...

The New Politics of State Health Policy. (Book Reviews).(Brief Article)
March 1, 2002... The New Politics of State Health Policy, edited by Robert B. Hackey and David A. Rochefort. University Press of Kansas. 2001. 291 pages. Cloth, ISBN 0.7006-1084-7, $45.00. Paper, ISBN 0-7006-1085-5, $19.95. For anyone who still believes...

Designing US Economic Policy: An Analytical Biography of Leon H. Keyserling. (Book Reviews).(Brief Article)
March 1, 2002... Designing US Economic Policy: An Analytical Biography of Leon H. Keyserling by W. Robert Brazelton. Houndsmill, England and New York, New York: Palgrave Publishers Ltd. 2001. Cloth, ISBN 0-3337-7575-9, $65.00. 181 pages. Leon H....

The Rise of "The Rest": Challenges to the West from Late-Industrializing Economies. (Book Reviews).
March 1, 2002... The Rise of "The Rest": Challenges to the West from Late-Industrializing Economies by Alice Amsden. Oxford, Oxford University Press. 2001. ISBN 0-19-513969-0, $35.00. 405 pages. If you have time to read only one book on development...

The Invisible Heart: Economics and Family Values. (Book Reviews).(Brief Article)
March 1, 2002... The Invisible Heart: Economics and Family Values by Nancy Folbre. New York: The New Press. 2001. Cloth, ISBN 1-56584-655-9, $24.95. 267 pages. Nancy Foibre's newest book is one of the more successful in its important genre: the economics...

Polarizing Mexico: The Impact of Liberalization Strategy. (Book Reviews).
March 1, 2002... Polarizing Mexico: The Impact of Liberalization Strategy by Enrique Dussel Peters. Boulder, Cola.: Lynne Rienner Publishers. 2000. Cloth, ISBN 1-5587-861-X, $49.95. 247 pages. Enrique Dussel Peters' book, Polarizing Mexico: The Impact of...

Economics as Religion: From Samuelson to Chicago and Beyond. (Book Reviews).
March 1, 2002... Economics as Religion: From Samuelson to Chicago and Beyond by Robert H. Nelson. University Park: The Pennsylvania State University Press. 2001. Cloth, ISBN 0-271-02095-4, $35.00. 378 pages. In this work, Robert Nelson continues the theme...

Community Associations: The Emergence and Acceptance of a Quiet Innovation in Housing. (Book Reviews).
March 1, 2002... Community Associations: The Emergence and Acceptance of a Quiet Innovation in Housing by Donald R. Stabile. Westport: Greenwood Press. 2000. $65.00. 256 pages. Professor Stabile embraces the idea that community associations are an...

Women and Human Development: The Capabilities Approach. (Book Reviews).
March 1, 2002... Women and Human Development: The Capabilities Approach by Martha C. Nussbaum. Cambridge: Cambridge University Press. 2000. Paper, 0-521-00385-7, $19.95. 312 pages. In this book, Martha Nussbaum further develops her version of the...

Bounded Rationality: The Adaptive Toolbox. (Book Reviews).
March 1, 2002... Bounded Rationality: The Adaptive Toolbox, edited by Gerg Gigerenzer and Reinhard Selten. Cambridge, Mass.: The MIT Press. 2001. 377 pages. Cloth, ISBN 0-2620-7214-0, $39.95. The concept of bounded rationality and its originator, Herbert...

Market, State, and Feminism: The Economics of Feminist Policy. (Book Reviews).
March 1, 2002... Market, State, and Feminism: The Economics of Feminist Policy by Graham Dawson and Sue Hatt, with Linda Watson-Brown, Arthur Baxter, and Nancy Bertaux. Cheltenham, UK: Edward Elgar. 2000. ISBN 1-85898-231-6, $70.00. 143 pages. In the...