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2. Top US economists are often wrong -- should we trust their predictions? They write books, review papers and oversee research, and they oftentimes get things wrong -- very wrong; They write books, review papers and oversee research, and they oftentimes get things wrong -- very wrong
- Subjects
Economists ,News, opinion and commentary - Abstract
Byline: Gene Marks They're Ivy-League educated, brilliant academic minds and experienced in the ways of markets, governments, data and statistics. Many have access to information not readily available to the [...]
- Published
- 2023
3. WTO issues call for papers for 2024 Essay Award for Young Economists
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Commercial policy ,International trade ,Economists ,International agencies ,International trade ,Business, international ,World Trade Organization - Abstract
Geneva, Switzerland: World Trade Organization has issued the following news release: The WTO has issued a call for young economists to submit papers for the 2024 WTO Essay Award. The [...]
- Published
- 2024
4. WTO CALL FOR PAPERS FOR 2024 ESSAY AWARD FOR YOUNG ECONOMISTS
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Commercial policy ,International trade ,Economists ,International agencies ,International trade ,News, opinion and commentary - Abstract
BRUSSELS, Belgium -- The following information was released by the United Nations Regional Information Center for Western Europe (UNRIC): Deadline: 3 June 2024 The WTO has issued a call for [...]
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- 2024
5. Austria : WTO issues call for papers for 2023 Essay Award for Young Economists
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Commercial policy ,International trade ,Economists ,International agencies ,International trade ,Business, international - Abstract
The WTO has issued a call for young economists to submit papers for the 2023 WTO Essay Award. The aim of the award is to promote high-quality research on trade [...]
- Published
- 2023
6. HKU green paper proposes plan for Homes swap; Transfer scheme between retired and working people in public housing flats aims at bringing employees closer to office to boost productivity
- Author
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Liu, Oscar
- Subjects
Public housing ,Labor productivity ,Economists ,News, opinion and commentary ,University of Hong Kong - Abstract
A transfer scheme to allocate public housing in outlying areas to the retired and move people of working age closer to their workplaces has been proposed by a group of [...]
- Published
- 2022
7. WTO issues call for papers for 2023 Essay Award for Young Economists
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Commercial policy ,International trade ,Economists ,International agencies ,International trade ,Business, international ,World Trade Organization - Abstract
Geneva, Switzerland: World Trade Organization has issued the following news release: The WTO has issued a call for young economists to submit papers for the 2023 WTO Essay Award. The [...]
- Published
- 2023
8. WTO ISSUES CALL FOR PAPERS FOR 2023 ESSAY AWARD FOR YOUNG ECONOMISTS
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Commercial policy ,International trade ,Economists ,International agencies ,International trade ,News, opinion and commentary ,World Trade Organization - Abstract
GENEVA, Switzerland -- The following information was released by the World Trade Organization (WTO): Last year's winner, Mathilde Mu±oz, said: 'I would encourage all young economists to take part in [...]
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- 2023
9. WTO issues call for papers for 2022 Essay Award for Young Economists
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Commercial policy ,International trade ,Economists ,International agencies ,International trade ,General interest ,News, opinion and commentary ,World Trade Organization - Abstract
Geneva: World Trade Organization has issued the following press release: The WTO has issued a call for young economists to submit papers for the 2022 WTO Essay Award. The aim [...]
- Published
- 2022
10. Research performance, academic promotion, and gender disparities: Analysis of data on agricultural economists in Chinese higher education.
- Author
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Cao, Lijuan, Zhu, Jing, and Liu, Hua
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GENDER inequality ,AGRICULTURE ,HIGHER education ,DATA analysis ,AGRICULTURAL economics ,ECONOMISTS ,AGRICULTURE teachers - Abstract
This paper provides an overall picture of women's representation and gender parity in the field of Agricultural Economics by constructing and analyzing a database of agricultural economists in China. We find that female scholars "occupy half the sky" in number, but not all the way up to the higher‐ranking academic positions. Women lag behind men in terms of research performance and academic promotion; even more so, gender disparity becomes more prominent when moving up the ranking ladder. A closer examination of agricultural economists of different age cohorts indicates that the gender gap, both in numbers engaged in the profession and academic performance measured by Chinese paper publications and nation‐level projects chaired, is narrowing. However, gaps in the number of high‐quality paper publications and the time span before promotion, alongside the phenomenon of a "leaky pipeline" in academia, are growing significantly over time. The representation of "star scientists" shows similar, yet steeper trends. In the absence of detailed studies, the paper explores possible explanations of the converging gender gap in scale but increasing gender disparity that is termed a "leaky pipeline." It concludes that the Policy of Enrollment Expansion in Higher Education provides vulnerable young females with more opportunities to access higher education, which increases both the number and proportion of women in the profession. [ABSTRACT FROM AUTHOR]
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- 2023
- Full Text
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11. Reading.
- Author
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Guinnane, Timothy
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HISTORICAL research ,READING ,EDUCATION research ,HISTORICAL source material ,ECONOMISTS - Abstract
The article discusses the importance of reading and rereading in historical inquiry, particularly in written primary sources. It highlights the challenges of effective reading practices due to the increasing volume of scholarly work, interdisciplinary outlook, and pressure to keep up with multiple subdisciplines. It mentions economists' narrow reading scope, prioritizing recent publications and overlooking interdisciplinary perspectives.
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- 2023
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12. ROLE OF MULTIMODAL METAPHOR IN CONSTRUCTING IMAGE OF CORPORATE LEADER ON BUSINESS MAGAZINE COVERS.
- Author
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Dovbnya, Oleksii
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MAGAZINE covers ,INDUSTRIAL management ,ATTITUDES of leaders ,ECONOMISTS ,PERSONALITY - Abstract
This paper contributes to the relatively nascent field of multi-modal metaphor research, specifically focusing on the manifestation of the given type of metaphors on the covers of business magazines. For the purpose of this study, a sample of covers from prominent business magazines (including Bloomberg Businessweek, Time Magazine, and The Economist) was collected and analyzed. In this research paper, four types of multi-modal metaphors have been distinguished based on the means of encoding source domains and target domains in verbal and pictorial modes. The study was performed within the theoretical framework of critical metaphor analysis. After analyzing the articles, it has been determined that multi-modal metaphors on business magazine covers can be based on image-schema level metaphors such as POWER IS UP as well as more complex domain-level metaphors such as BUSINESS LEADER IS A RELIGIOUS FIGURE. Covers that rely on multi-modal metaphors help to define the personality of a certain magazine. [ABSTRACT FROM AUTHOR]
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- 2024
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13. THE WELL-BEING OF NIGERIA’S RURAL POPULATION: A REVIEW OF LITERATURE.
- Author
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OKEREKE, OBINNA
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RURAL population ,GROSS domestic product ,ECONOMISTS ,WELL-being - Abstract
Copyright of Annals of the Polish Association of Agricultural & Agribusiness Economists is the property of Polish Association of Agricultural & Agribusiness Economists and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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- 2024
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14. Publishing in Small Business Economics: An Entrepreneurship Journal.
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Audretsch, David B., Guenther, Christina, and Lederer, Adam
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MANAGERIAL economics ,SMALL business ,ENTREPRENEURSHIP ,SCHOLARLY periodicals ,ECONOMISTS ,PUBLISHING - Abstract
Plain English Summary: Publishing entrepreneurship research is not just important but challenging. Longstanding experts in the field can provide helpful advice. As borders between academic fields blur, research fields are increasingly global in their perspective, knowledge, and findings, thus enabling robust participation in research fields at a scale previously unimaginable. Drawing on the experience, insights, and perspectives of three seasoned editors, we try to reconcile the seemingly incoherent and inherent frustration experienced by researchers, on the one hand, with the very purposeful and self-aware process of at least one scholarly journal, Small Business Economics: An Entrepreneurship Journal, on the other, to provide guidelines and insights to aspiring authors in what they should consider in crafting their research for submission with the goal of publication. In providing this sage council, the paper provides guidance to researchers on the process of publishing their results. [ABSTRACT FROM AUTHOR]
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- 2022
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15. A New Paper Defends the Use of Race in Medicine, Not Everyone is Convinced.
- Author
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EDELMAN, JON
- Subjects
- *
RACISM , *ECONOMISTS , *PHYSICAL environment , *GENETICS , *MEDICAL model - Abstract
The article provides information on the ongoing debate within the medical field regarding the use of race as a factor in clinical decision-making. While some argue that race is a socially constructed concept and should not be used in medical models, economists in a new paper argue that race, despite its imprecise nature, can still provide useful information linked to factors like wealth, genetics, and the patient's physical environment.
- Published
- 2023
16. Building size among economists: how academic career trajectories pave the way to symbolic visibility.
- Author
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Maesse, Jens
- Subjects
ECONOMISTS ,ACADEMIC discourse ,EDUCATORS ,DISCOURSE analysis ,SOCIAL sciences education - Abstract
Economists receive high social recognition in media, politics and business discourses where they often obtain a status as 'star economists' and 'financial prophets'. This paper investigates the social conditions that make the formation of size in the economic sciences possible. It analyses the institutional constraints, professional networks, forms of academic knowledge and publication strategies of early career economists as part of an academic dispositif. A position of 'size' is achieved when academics take a privileged scientific discourse position via publications, presentations and various evaluation reports for journals, funds and other academic institutions. To understand the formation of privileged academic discourse positions, we need to investigate the entire construction processes that start already at the earlier phases of the professional biography. Based on narrative-biographical interviews with economists in UK and Germany, this paper will focus on four sorts of resources that are analysed as 'biographical discourse capital'. Biographical resources as 'discourse capital' are mobilised by early career researchers to solve practical problems in their daily life. The paper shows how specific tacit and conceptual knowledge interact with access to professional networks in order to find a 'proper topic' that help young economists to finally publish an A+ or 'Four* ' paper. [ABSTRACT FROM AUTHOR]
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- 2022
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17. Antecedences of the success of crowdsourcing projects in developing crowd-capital: role of project learning and social support.
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Lin, Wen-Shan, Chen, Hong-Ren, and Huang, Yueh-Min
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CROWDSOURCING ,SOCIAL support ,SMALL business ,ECONOMISTS ,SOCIAL forces - Abstract
This paper aims to investigate the antecedents of how crowdfunded projects succeed over crowdsourcing platforms (CFPs) on the Internet. As CFPs make quite a large number of open innovations feasible, little is known about knowledge sharing and cross-project learning (CPL) in association with the success of crowdfunded projects. No study has considered the success of CFP projects in terms of gaining crowd capital with respect to generating ideas, achieving innovation or meeting the budget plan. However, the notion of project learning occurring on CFPs is essential. Therefore, this paper first adopted theories of project management and social exchange in one study. A developing region in the Asia-Pacific area is selected for examination as a case study. By doing so, it fills the gap in terms of the scarce research on this type of market, which is full of potential and possibilities. An empirical study was conducted on 43 project teams that had successfully won crowdsourcing projects. The results reveal that CPL in relation to project learning and esteem support in relation to social support are both positively associated with the success of crowd-funded projects. The discussion, implications and contributions of the study are presented at the end of the paper. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
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18. Gender distribution across topics in the top five economics journals: a machine learning approach.
- Author
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Conde-Ruiz, J. Ignacio, Ganuza, Juan-José, García, Manu, and Puch, Luis A.
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MACHINE learning ,GENDER ,ECONOMISTS ,GENDER inequality - Abstract
We analyze text data in all the articles published in the top five (T5) economics journals between 2002 and 2019 in order to find gender differences in their research approach. We implement an unsupervised machine learning algorithm: the structural topic model (STM), so as to incorporate gender document-level meta-data into a probabilistic text model. This algorithm characterizes jointly the set of latent topics that best fits our data (the set of abstracts) and how the documents/abstracts are allocated to each topic. Latent topics are mixtures over words where each word has a probability of belonging to a topic after controlling by journal name and publication year (the meta-data). Thus, the topics may capture research fields but also other more subtle characteristics related to the way in which the articles are written. We find that females are unevenly distributed over the estimated latent topics. This and other findings rely on "automatically" generated built-in data given the contents in the abstracts of the articles in the T5 journals, without any arbitrary allocation of texts to particular categories (as JEL codes, or research areas). [ABSTRACT FROM AUTHOR]
- Published
- 2022
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19. Merging the public and private spheres of women's work: Narratives from women street food vendors during Covid‐19 crisis.
- Author
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Guha, Puja, Neti, Annapurna, and Lobo, Roshni
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MOBILE food services ,COVID-19 pandemic ,STREET food ,PUBLIC sphere ,HOUSEKEEPING ,STREET vendors ,ECONOMISTS - Abstract
Feminist economists have long questioned the dichotomy between the "private" versus "public" spheres of women's work and have argued for a more nuanced understanding of the marketable paid work and the unpaid work of household caregiving. This paper focuses on women street food vendors' (SFVs) experiences before and during Covid‐19 pandemic to understand how street food vending as a livelihood activity interacts with social dimensions like gender and division of labor. Through multiple in‐depth interviews with 23 women street vendors in Bengaluru, India, before and during the pandemic, we show that there is a blurring of the dichotomy between the work done in the private and public spaces before the pandemic, which is disrupted by Covid‐19 crisis. The first half of the paper explores the household labor dynamics in the context of paid and unpaid work of women and explains how the women SFVs, capitalizing on their existing skills of "cooking," were able to gain agency and recognition for themselves within the households. The second half of the paper focuses on the narratives of the same women SFVs during the first wave of the Covid pandemic and the subsequent lockdown. We find that the Covid crisis brought back the dichotomy between private and public spheres, making it more pronounced, with women losing their control over the public sphere and their work being restricted only to the private sphere. [ABSTRACT FROM AUTHOR]
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- 2022
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20. GENDER DIVERSITY IN RESEARCH TEAMS AND CITATION IMPACT IN ECONOMICS AND MANAGEMENT.
- Author
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Maddi, Abdelghani and Gingras, Yves
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RESEARCH teams ,GENDER ,SCIENCE databases ,WEB databases ,WOMEN authors ,ECONOMISTS - Abstract
The aim of this paper is twofold: (1) contribute to a better understanding of the place of women in Economics and Management disciplines by characterizing the difference in levels of scientific collaboration between men and women at the specialties' level; and (2) investigate the relationship between gender diversity and citation impact in Economics and Management. Our data, extracted from the Web of Science database, cover global production as indexed in 302 journals in Economics and 370 journals in Management, with, respectively, 153,667 and 163,567 articles published between 2008 and 2018. Results show that collaborative practices between men and women are quite different in Economics and Management. We also find that there is a modest positive and significant effect of gender diversity on the citation impact of publications. Mixed‐gender publications (coauthored by men and women) receive more citations than nonmixed papers (written by same‐gender author teams) or single‐author publications. The regression analysis also indicates that there is, for Economics, a small negative effect on citations received if the corresponding author is a woman. Finally, the country (affiliation) of the corresponding author affects the citations received in the two disciplines. [ABSTRACT FROM AUTHOR]
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- 2021
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21. Research as discovery or delivery? Exploring the implications of cultural repertoires and career demands for junior economists' research practices.
- Author
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Steffy, Kody and Langfeldt, Liv
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ECONOMISTS ,CAREER development ,SOCIAL scientists ,LIFE sciences ,ECONOMICS - Abstract
Recently, social scientists have begun to study the implications of increasing pressures in the early academic career. Studies focusing mostly on the life sciences have shown junior scholars making research decisions based on a productivity logic to increase their chances of career success. In this paper, we extend this literature to the very different context of economics, characterized by a dominant mainstream, a clear hierarchy, and an independent/small-team approach to scholarship. Adopting a culture-in-action framework, we analyze how cultural repertoires help early career economists deal with the sometimes competing career pressures associated with working in high-status departments. Drawing from in-depth interviews with tenure-track economists in three Scandinavian countries, we find that skillful use of discovery-talk and delivery-talk helps respondents respond to the challenges they face as junior academics. Implications for research include the avoidance of, e.g., interdisciplinary work and questions of only regional importance. Furthermore, the data indicate that discovery and delivery notions partly overlap and so contribute to preserving economics as a relatively coherent and homogenous field. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
22. Managing Macroeconomic Neoliberalism: Capital and the Resilience of the Rational Expectations Assumption since the Great Recession.
- Author
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Helgadóttir, Oddný and Ban, Cornel
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GREAT Recession, 2008-2013 ,NEOLIBERALISM ,SYMBOLIC capital ,EXPECTATION (Psychology) ,CENTRAL banking industry ,COPYRIGHT of periodicals - Abstract
There is little systematic work on how much the core of mainstream macroeconomics has changed since the crisis of 2008 and even less on what explains patterns of stability and change. This paper addresses this gap by first, mapping out debates over the core assumption of rational expectations in high-prestige academic publications and the research of central banks of systemic importance and second, deploying a sociological perspective to assess the various forms of capital deployed by orthodox defenders, radical challengers and constructive critics of this assumption. The paper finds that although the core of modern macro has seen a more robust radical challenge than one might have expect, the defense of rational expectations remained quantitatively dominant and substantively elastic. While radical challengers had access to significant material resources and symbolic capital, orthodox players control the institutions of the economics profession via editorial boards and refereeing for the top journals. As such, the orthodox exercise a strong gatekeeping function that allows some pluralism yet also goes some way toward explaining their continued intellectual dominance. [ABSTRACT FROM AUTHOR]
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- 2021
- Full Text
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23. BIG LITTLE LIES.
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LEWIS-KRAUS, GIDEON
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RESEARCH ,ECONOMISTS ,HONESTY ,SOCIAL engineering (Fraud) - Abstract
The article focuses on the ethical questions surrounding the research of behavioral economist Dan Ariely and his collaborator Francesca Gino. Topics include the authenticity of their work on dishonesty, Ariely's rise to fame in the field of behavioral economics, and the shift towards a more ambitious approach to social engineering.
- Published
- 2023
24. A menagerie of rankings: a look in RePEc’s factory
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Linnemer, Laurent
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- 2024
- Full Text
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25. Breakthroughs at the disciplinary nexus: Rewards and challenges for applied economists.
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APPLIED economics ,AGRICULTURAL economics ,INTERDISCIPLINARY research ,PROBLEM solving ,RESEARCH skills ,ECONOMISTS ,INTERDISCIPLINARY education - Abstract
Complex societal challenges call for solutions that require innovative thinking and new ways of problem‐solving that creatively combine knowledge from multiple disciplines. It is imperative that applied economists engage in interdisciplinary research and apply systems thinking and analytical approaches to analyzing trade‐offs and behavioral drivers of human choices to design strategies to achieve societal goals. Agricultural and applied economics have a foundation in interdisciplinary research, real‐world problem solving and engagement with stakeholders, but face increasing pressures for specialization. This address discusses strategies for conducting interdisciplinary research that rely on T‐shaped research skills, team science and aggregating expertise from different disciplines to co‐develop solutions to challenging societal problems. It provides some examples of ground‐breaking research that has emerged in applied economics due to the collaborations with and insights provided by scholars from other disciplines. The paper concludes with a discussion of the institutional and discipline‐related challenges to conducting interdisciplinary research and a call to the profession to foster, recognize and value interdisciplinary research. [ABSTRACT FROM AUTHOR]
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- 2022
- Full Text
- View/download PDF
26. The Impact of the Age Distribution on Unemployment: Evidence from US States.
- Author
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Fallick, Bruce and Foote, Christopher L.
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AGE distribution ,UNEMPLOYMENT ,DEMOGRAPHIC surveys ,ECONOMISTS - Abstract
Economists have studied the potential effects of shifts in the age distribution on the unemployment rate for more than 50 years. Most of this analysis uses a "shift-share" method, which assumes that the demographic structure has no indirect effects on age-specific unemployment rates. This paper uses state-level data to revisit the inuence of the age distribution on unemployment in the United States. We examine demographic effects across the entire age distribution rather than just the youth share of the population|the focus of most previous work|and extend the date range of analysis beyond that which was available for previous research. We find that shifts in the age distribution move the unemployment rate in the direction that a mechanical shift-share model would predict. But these effects are larger than the mechanical model would generate, indicating the presence of amplifying indirect effects of the age distribution on unemployment. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
27. WALTER BLOCK vs JAKUB BOZYDAR WISNIEWSKI DEBATING ABORTION: A SUMMARY.
- Author
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Cesario, Anthony J.
- Subjects
ABORTION ,PROPERTY rights ,MURDER ,PRO-choice movement ,ECONOMISTS - Abstract
Without a doubt, one of the most controversial issues currently being debated is abortion. Several decades ago, philosopher and economist Walter Block offered a compromise of the seemingly uncompromisable problem based on libertarian principles, which he called "evictionism." Evictionism is based on the theory of self-ownership and the implications that follow, which are the "non-aggression principle" and private property rights. It is a principled compromise between the traditional pro-life and pro-choice positions. According to evictionism, it would not be illegal for a pregnant woman to evict a fetus at any time for any reason because she is the one who owns her womb, but it would be illegal for her to kill the fetus unnecessarily once it's viable. This means that before viability, an eviction that necessarily results in the death of the fetus would be legal. After viability, however, an eviction that unnecessarily results in the death of a fetus would be considered murder and consequently illegal. Unfortunately, though, very few people have heard of this compromise. What's worse of those who have heard of it, even fewer have been convinced by it. Consequently, there have been several written debates between Block and his critics about their perceived problems with his proposed compromise. The purpose of this paper is to provide a detailed summary of one of the first main debates that Block has had on the topic. [ABSTRACT FROM AUTHOR]
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- 2022
- Full Text
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28. Deferment of Both Counter Values in Financial Transactions Maqasid Analysis and Its Impact on Money Exchanges.
- Author
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Abozaid, Abdulazeem
- Subjects
ECONOMISTS ,ISLAMIC finance ,ISLAMIC law ,PROHIBITION, United States, 1920-1933 ,MONEY - Abstract
Copyright of Bait Al-Mashura Journal is the property of Bait Al-Mashura Journal and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2021
- Full Text
- View/download PDF
29. Should history change the way we think about populism?
- Author
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de Bromhead, Alan and O'Rourke, Kevin Hjortshøj
- Subjects
IDENTITY politics ,ECONOMIC history - Abstract
This paper asks whether history should change the way in which economists and economic historians think about populism. We use Müller's definition, according to which populism is 'an exclusionary form of identity politics, which is why it poses a threat to democracy'. We make three historical arguments. First, late‐nineteenth‐century US Populists were not populist. Second, there is no necessary relationship between populism and anti‐globalization sentiment. Third, economists have sometimes been on the wrong side of important policy debates involving opponents rightly or wrongly described as populist. History encourages us to avoid an overly simplistic view of populism and its correlates. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF
30. Who is the most sought‐after economist? Ranking economists using Google Trends.
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ECONOMISTS ,SEARCH algorithms - Abstract
This paper uses Google Trends to rank economists and discusses the advantages and disadvantages of using Google Trends compared with other ranking methods, like those based on citations or downloads. I find that Google search intensity rankings make it possible to compare the current impact of both contemporaneous and past economists and that they can help to illustrate the variety in economists' careers that can lead to fame. Given Google Trends' algorithm to allocate searches to individuals (Google Trends' "topics") is only applied to individuals with sufficiently high search intensity, Google Trends can only be used to rank about 2000 economists who have been regularly searched for on Google. For these sought‐after economists, I find that search intensity rankings based on Google Trends data are only modestly correlated with more traditional measures of scholarly impact. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
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31. Trends in Earnings Volatility among US Men.
- Author
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Moffitt, Robert A.
- Subjects
EARNINGS trends ,ECONOMISTS ,INCOME inequality - Published
- 2021
32. EARLY PHASE OF EURO INTRODUCTION IN CROATIA.
- Author
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KORDIĆ, Gordana
- Subjects
MONETARY unions ,ECONOMISTS ,SOVEREIGNTY ,CENTRAL banking industry - Abstract
Adopting the euro as the official currency on January 1
st , 2023, Croatia has completed the process of monetary integration into european Economic and monetary union. Although euro introduction has been set as one of the final and most important goals of the transition process decades ago, its final realization in practice faced many dilemmas. Furthermore, it contributes to the discussion on the optimal choice of exchange rate regime in terms of a small open economy. Although some economists highly value the potentials of monetary sovereignty, new European union members have a so called "opt-in" clause that obliges them to euro introduction after fulfilling the convergence criteria. Croatian monetary and exchange rate policy during the past few decades of monetary sovereignty were determined, inter alia, with high levels of unofficial euroization. That has also been the limiting factor for its creation. On the other hand, the euro and the policy of European central bank have not been unfamiliar in this country. Convergence criteria have already been in focus of theoretical and practical research but the real readiness for euro adoption and use can be tested only after the process is finished. This paper aims to analyze the early stage of euro adoption, focusing on the most important phases and outputs of the process from the aspects of monetary and exchange rate policy that can be evaluated so far. That is why it covers the first, mostly technical phase, while deeper analyzes should be done later, after a longer period of its use. Thereafter, paper has several goals. First, it provides an overview of the literature on the euro introduction experiences in theoretical aspect, but also on practical examples of selected, comparable countries. Then, the focus is on the experience of the first months of euro use in Croatia, including the specifics on the national and international level. Finally, there are some recommendations for the forthcoming period, which are partly based on the experiences of other countries. Although the analyzes are limited with a short time span of euro use in Croatian practice, it might serve as a good starting point for further discussion and contributes to the existing research. [ABSTRACT FROM AUTHOR]- Published
- 2023
33. MARKETING AND THE BETTER POST-PANDEMIC WORLD.
- Author
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Fırat, A. Fuat
- Subjects
COVID-19 pandemic ,HUMANITY ,SOCIAL change ,SOCIETIES ,ECONOMISTS - Abstract
The Central Issue The COVID-19 Pandemic has highlighted several of the shortcomings of market society. That the economy has become an end rather than one of the means to serve humanity's purposes is one such highlight. Another is the human individual's predicament in being largely abandoned in market society to bear all the responsibility of taking care of oneself--along with any loved ones--without any real support, and with very little authority, if at all, regarding how lives will be organized. The purpose in this paper is to explore the foundations of these two shortcomings, the role that marketing may be playing, and to reflect on what changes may need to occur in conceptualizations of marketing for it to become a help rather than a hinderance in possibilities of "reduction of structural disparities and marketplace discrimination" and in "social change.". Market Society and Marketing Market society is a product of modernity. The modern market, as the actual or virtual space where economic exchange takes place, is a symbolic construction by founders of the modern organization of life. Early classical economists shared the same vision with other modernist thinkers of liberating the human individual from all oppression, whether that of nature or of other humans, or of human built institutions. Classical economists saw a potential of delivering such liberation in their concept of the market, a space where purely economic exchanges took place, freeing each individual from any obligation other than the resource exchanged, thus liberating humans from all imposition upon their free wills. For original modernist thinkers, liberation of the human individual was not simply an economic matter. Institutions and principles along different discursive and practical domains of culture were considered necessary for a comprehensive freeing of the human spirit to envision and realize a grand future in which, through liberty, each individual could attain one's full potential and become an effective participant in the building of the vision. Modernity was a culture of projects; a project of building humanity's grand future, a project of realizing one's best self, etc. The modern market was the institutionalization, the means by which the modern principle of the economic--optimizing economic value through an efficient allocation of material resources--would actualize; one key institution of modernity. The institution to enable the exercise of the political principle of democracy was the nation-state. The institutions of family and public education would inculcate the social principle of civility as the foundation of civil society. These principles and framework constituted the cornerstones of modern culture and society, and articulated modernity's original dominant ideology; liberalism. The balance among culture's three practical domains is broken in mature modernity. The economic domain has increasingly taken center stage as capital increasingly represented power in modern society. All political and social policies, along with the economic ones, aim at insuring the health of the economy through the growth of the market. During the COVID-19 Pandemic, policies have been largely guided by concerns about the economy's health. More human deaths than otherwise necessary are resulting from the push to return to workplaces for fear of economic losses or due to individual families' loss of ability to nourish and house themselves when they lose employment because in a culture built around economic interests, the only means of maintaining livelihood for the great majority of people is limited to the only resource they are left with to offer in the market: their labor. Liberation of the human individual, eventually interpreted as individualism, resulted in the individual--and individual families--left to fend for oneself in market society. This individualizing culture left individuals spending all their energy on looking out for themselves and not having energy left to look out for others. Lacking resources but their labor, people are vulnerable to economic downturns in labor markets shrink and loss of employment becomes a devastating circumstance, illustrated by the Pandemic. Lack of resources leaves them without authority or effective influence in policies made. Circumstances, such as control of government policies and politics by corporate interests through the influence of money in politics and corporate representatives constituting a majority in decision making committees and bodies of government agencies, together constitute an exceptional force making it difficult to change the conditions above. Modern marketing has been complicit in the development of these conditions with managerial interests eventually dominating the field creating a turn in focus from needs to exchange as the core concept of marketing, also transforming the discipline's focus from interests of the people to interests of market growth. Marketing organizations rarely satisfy needs until demand has purchasing power behind it, that is until it is effective demand. This is argued to be logical with the justification that they have to survive in order to continue providing products and that the profit incentive is necessary for entrepreneurs to undertake risks. History bears witness that this logic has worked since such economic wealth and growth have translated into worldwide power. The fallacy is that because it creates power the inequalities and worldwide misery that such a logic has also created can be or should be ignored. Such ignorance would be acquiescence to the condition 'might makes right'. History also bears witness that the condition 'might makes right' produces many a consequence that humans had to sacrifice much to try and overcome. [ABSTRACT FROM AUTHOR]
- Published
- 2022
34. Gender, Race, and Academic Career Outcomes -- Does Economics Mirror Other Disciplines?
- Author
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Ginther, Donna K.
- Subjects
EDUCATORS ,POSTDOCTORAL programs ,ACHIEVEMENT gap ,GENDER ,CAREER development ,SOCIAL science research ,ECONOMISTS - Published
- 2021
35. Economics of Consumer Protection: Contributions and Challenges in Estimating Consumer Injury and Evaluating Consumer Protection Policy.
- Author
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Pappalardo, J. K.
- Subjects
CONSUMER protection ,CONSUMER education ,BEHAVIORAL economics ,ECONOMISTS ,CONSUMER preferences ,DATA security - Abstract
The author examines the role of economics in consumer protection, drawing from her experience at the U. S. Federal Trade Commission (FTC), which has a dual mandate to promote competition and protect consumers. She compares the long established use of economics in competition law enforcement and policy to the relatively new application of economic analysis to consumer protection policy and law enforcement. She highlights contributions of economists to the development of consumer protection policy at the FTC and describes key questions involved in the economics of consumer protection policy. The focus of this article is on the definition and estimation of consumer injury from deceptive or unfair practices, including approaches to estimate consumer injury from lapses in data security and privacy policies and procedures. The paper brings together different strains of relevant economic literature, leading to a clearer exposition of alternative approaches to estimating consumer injury from an economic perspective. She also addresses, briefly, the debate over the role of behavioral economics in consumer policy, concluding that the appropriate tools for policymakers will vary depending upon their policy goals; policies appropriate to meet the goal of changing consumer choices in a particular direction may differ from policies suitable to meet the goal of improving the consumer information environment. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
36. La economía política del crecimiento económico: la inestabilidad fundamental y el caso del supermultiplicador Sraffiano.
- Author
-
Morillo Martínez, Oscar Esteban
- Subjects
ECONOMICS ,ECONOMIC expansion ,ECONOMIC equilibrium ,NEOCLASSICAL school of economics ,ECONOMIC policy ,ECONOMISTS - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2023
- Full Text
- View/download PDF
37. El Plan Kiel: un debate sobre las raíces intelectuales del Plan Austral y sus medidas de estabilización en los años de Alfonsín (1983-1989).
- Author
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Andrés Rossi, Ignacio
- Subjects
ECONOMIC policy ,ECONOMIC history ,ECONOMIC stabilization ,INSPIRATION ,ECONOMISTS ,HYPOTHESIS ,TEAMS - Abstract
Copyright of Realidad Economica is the property of Realidad Economica and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2023
38. Impact of Foreign Direct Investment, Inflation, Labor Force, and Population on Improving Living Standards in the Philippines.
- Author
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C. Sugui, Jica Anne Mary, L. Montojo, Princess Mae Nazarene, and P. Bermudez, Aurora Christina
- Subjects
MODERNIZATION (Social science) ,ECONOMISTS ,ECONOMIC development ,COINTEGRATION ,LABOR supply - Abstract
Vast amount of literature has well-established FDI as an important determinant of technology acquisition and modernization, economic development, capital accumulation, and employment. Economists are too engrossed in how FDI positively affects the economic growth of both the home and host countries; only a few have been associated with investigating how FDI actually improved the living standards of the people. This paper examined the impact of FDI, Inflation, Labor Force, and Population on improving living standards in the Philippines from 1985 to 2021 using the different econometric tests which are: (1) Augmented Dickey-Fuller Test, (2) Jarque-Bera Normality Test, (3) Variance Inflation Factor, (4) Breusch-Pagan Heteroskedasticity test, (5) Breusch-Pagan-Godfrey Autocorrelation test, (6) RAMSEY Reset test, (7) Correlation Matrix, (9) OLS Multiple Regression, (10) Johansen Cointegration and (11) Granger Causality. The findings in the various tests revealed that FDI, Inflation, Labor Force Participation, and Population have cointegrating relationships with Self-Rated Poverty Rate within the time series. Moreover, the OLS regression model has shown that Labor Force Participation and Inflation have significant relationships with living standards while the country's FDI and Population are insignificant. Granger Causality also revealed that Inflation, Labor Force, and Population Granger caused living standards in the Philippines and only FDI not. With all of the results of the tests, it is evident that the dependent variables affect the living standards in the Philippines, it just varies on how little or extensive it is. This study supports the loosened restrictions to foreign ownership as the results affirmed the significant effects of most of the dependent variables on the Self-Rated Poverty Incidence; however, must still take precautionary measures as some variables exhibit insignificance in the long run. The paper recommends implementing policies that are moderately reliant on Foreign Direct Investment, Population, Inflation, and Labor Force Participation rate because all of the variables are proven to be related to the Self-Rated Poverty Incidence, which is the variable used to measure the living standards in the Philippines. However, the Philippine government should focus and be meticulous on policy clauses that would benefit not just the corporate but also its employees to help attain prosperity for the country and its countrymen and to help alleviate poverty. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
39. Risks and Opportunities: How East German Economists Reflected on Decolonization in the 1950s and 1960s.
- Author
-
Trecker, Max
- Subjects
ECONOMISTS ,DECOLONIZATION ,SOCIALISTS ,INTERNATIONAL economic integration ,LEADERSHIP ,ELITE (Social sciences) - Abstract
Copyright of Comparativ: Leipziger Beiträge zur Universalgeschichte und Vergleichenden Gesellschaftsforschung is the property of Leipziger Universitaetsverlag GmbH and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2023
- Full Text
- View/download PDF
40. Neoliberalismus: Über ein intellektuelles Missverständnis.
- Author
-
Trecker, Max
- Subjects
ECONOMIC history ,NEOLIBERALISM ,HISTORICAL research ,HISTORIANS ,INTERWAR Period (1918-1939) ,ECONOMISTS ,PROFESSIONAL employees - Abstract
The term neoliberalism is a faithful companion of current public debates. It often serves as a proxy for what is allegedly wrong with society. The term is used to criticize a perceived commodification of spheres of human existence that used to be shielded from a purely economic logic. Recently, the term neoliberalism has become the object of historical research. Its roots have been traced back as far as 1947 or 1918. I argue in this paper that historians have taken a methodologically questionable approach, by departing from the blurry concept of neoliberalism as it is perceived today and trying to trace it back in time as far as possible. Such an approach leads to severe contradictions as economists labelled ex-post as neoliberals were often opposed to neoliberalism as it is currently defined. It is methodologically more sound and analytically more rewarding to start the conception of the term with the economists who self-identified as neoliberals. This approach leads to a more coherent concept of neoliberalism that is better suited for further research and provides a clearer understanding of the history of economic thought in the interwar period and the first postwar years. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
41. Dinámica de sistemas y crecimiento económico.
- Author
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Ramoni Perazzi, Josefa and Orlandoni Merli, Giampaolo
- Subjects
SYSTEM dynamics ,ECONOMIC expansion ,ECONOMIC systems ,SOCIOLOGISTS ,SOCIOECONOMICS ,TEACHERS ,COMPUTER software ,ECONOMIC models ,MATHEMATICAL models ,DIFFERENTIAL equations ,ECONOMISTS - Abstract
Copyright of Revista de Economía Institucional is the property of Universidad Externado de Colombia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2022
- Full Text
- View/download PDF
42. "If You Compete with us, We Shan'T Marry You": The (Mary Paley and) Alfred Marshall Lecture.
- Author
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Pande, Rohini and Roy, Helena
- Subjects
SOCIAL norms ,LABOR market ,ECONOMISTS ,LECTURES & lecturing ,SPHERES ,IDEOLOGY - Abstract
Alfred Marshall and Mary Paley Marshall are often described as the first academic economist couple. Both studied at the University of Cambridge, where Paley became one of the first women to take the Tripos exam and the first female lecturer in economics, with Marshall's encouragement. But in later life, Marshall opposed granting Cambridge degrees to women and their participation in academic economics. This paper recounts Alfred Marshall's use of gender norms, born out of a separate spheres ideology, to promote and ingrain women's exclusion in academic economics and beyond. We demonstrate the persistence of this ideology and resultant norms, drawing parallels between gendered inequities in labor market outcomes for Cambridge graduates in the UK post-Industrial Revolution and those apparent in cross-country data today. We argue that the persistence of the norms produced by separate spheres ideologies is likely to reflect, at least in part, the rents associated with preferential access to better paid, high-skilled labor market opportunities. In doing so, we ask who benefits from gender norms, who enforces them, and suggest relevant policy work and areas for future research. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
- View/download PDF
43. Ravi Jagannathan.
- Subjects
ECONOMISTS ,FINANCIAL economics - Abstract
The article outlines the work of economist Ravi Jagannathan, who it notes is the Fellow of the American Finance Association for 2024. It mentions his academic research on topics including the market risk premium, asset pricing, and investor behavior. It says his is a professor at the Kellogg School of Management.
- Published
- 2024
- Full Text
- View/download PDF
44. THE MARSHALL PLAN: GEOPOLITICAL PREREQUISITES AND ECONOMIC IMPACT ON THE PARTICIPATING NATIONS.
- Author
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SOKHATSKA, Olena and CHOPYK, Yurii
- Subjects
GEOPOLITICS ,ECONOMIC impact analysis ,WORLD War II ,ECONOMIC policy ,ECONOMISTS - Abstract
The paper provides an analysis of the Marshall Plan and its role in the history of Europe, specifically in terms of the economic revival that followed World War II. Even after more than seven decades since its implementation, the Marshall Plan remains one of the most frequently mentioned programs of international aid. However, there have been debates between historians and economists on whether the program was as impactful as it is described in many history books. The authors look into historical and modern sources to provide a comprehensive view of the Plan's scale and impact. The results indicate that even though the Marshall Plan was not the only reason for Europe's economic revival, it was a necessary element in containing the spread of Communism and guiding Western European countries in their post-war economic policies. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
45. Towards a Kantian Argument for a Universal Basic Income.
- Author
-
Pinzani, Alessandro
- Subjects
BASIC income ,ECONOMICS ,LIBERTY ,SOCIAL scientists ,ECONOMISTS - Abstract
The paper defends that it is possible to offer a Kantian argument for justifying the introduction of Universal Basic Income (UBI). It first briefly presents Philippe van Parijs' argument for UBI based on the concept of real freedom for all. In doing so, it will focus on its general structure and central insight, without entering too much into other issues like the economic feasibility of UBI. It second briefly presents Kant's concept of external freedom and especially focuses on some of its components to assess whether there is some closeness to van Parijs' concept of real freedom. It further considers whether UBI is not only compatible with a Kantian position, but can be justified from such a position because it represents a tool for concretely realizing external freedom as presented in the Doctrine of Right and for attaining the ethical ideal of virtuosity presented in the Doctrine of Virtue. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
46. Irrational Economic Action: Running a Bitcoin Lightning Node for Negative Profit.
- Author
-
Gotham, Edward
- Subjects
BITCOIN ,PROFIT maximization ,PROFIT margins ,ECONOMISTS ,BUSINESS losses - Abstract
Bitcoin's layer 2 (L2) solution is a payment channel network (PCN) that has an internal market of its own. Businesses (node operators) compete on a cost basis to maximize use of their locked liquidity by minimizing channel fees. From an economic perspective this is a standard profit maximization problem, however as described in Béres, Seres, and Benczúr (2021), profit on node operation is so low that it is economically irrational. Despite this, the number of nodes continues to grow, even as the price of Bitcoin declines. Many node businesses likely operate at a net USD loss, especially when factors such as labor and loss of access to capital are considered. This paper is an economist's account of entering into an apparently irrational market. Due to difficulties with surveying node operators, the primary objective of the paper, uncovering the reason for financial loss making activity, was not discovered, however this paper is the first to: describe the internal L2 market for routing; provide basic business balance sheet items for a median scale node; describe the on-boarding process of node operation; and identify the need for differentiation of personal/routing/hybrid nodes. The market for routing is near-perfect in terms of internal competition, but sub-optimally arranged. Operating losses that many node operators face appear to be rationalized as a "fiat only" loss, node operators exist within a Bitcoin-only profit paradigm. Computing the actual fiat profit margin is not possible, due to insufficient data regarding the average fiat cost of the bitcoin deposited to provide routing liquidity. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
47. INSERÇÃO DE ECONOMISTAS NO CAMPO DE PÚBLICAS NO BRASIL: TRAJETÓRIA ACADÊMICA, ENSINO E PESQUISA.
- Author
-
Valentin, Agnaldo, Mountian, André Gal, and Rocha Machado, João Guilherme
- Subjects
EDUCATORS ,PUBLIC administration ,UNIVERSITIES & colleges ,ACADEMIC programs ,POLITICAL science ,ECONOMIC databases - Abstract
Copyright of Cadernos de Gestão Pública e Cidadania is the property of Fundacao Getulio Vargas, Escola Brasileira de Administracao Publica e de Empresas and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2023
- Full Text
- View/download PDF
48. Classifying top economists using archetypoid analysis.
- Author
-
Gralka, Sabine and Wohlrabe, Klaus
- Subjects
BIBLIOMETRICS ,ENTERTAINERS - Abstract
Updating the study by Seiler and Wohlrabe (2013) we use archetypoid analysis to classify top economists. The approach allows us to identify typical characteristics of extreme (archetypal) values in a multivariate data set. In contrast to its predecessor, the archetypal analysis, archetypoids always represent actual observed units in the data. Using bibliometric data from 776 top economists we identify four archetypoids. These types represent solid, low, top and diligent performer. Each economist is assigned to one or more of these archetypoids. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
49. Between Ethics and Science: Economic and Political Arguments Against Child Labor in the Progressive Period.
- Author
-
Teixeira, Pedro N.
- Subjects
- *
CHILD labor , *ECONOMISTS , *ARGUMENT , *ETHICS , *SOCIAL clubs , *SOCIAL policy , *CHILD welfare - Abstract
Child labor was a very important issue during the progressive period, which was characterized by the development of social policies, especially regarding the welfare of women and children. The arguments against child labor were not restricted to a moral point of view but attempted to point out the economic dimensions, with several prominent economists of the progressive period becoming involved in this debate. In this paper, we will analyze the way economists in the progressive period approached the issue of child labor, notably through the views of two leading economists of the period that were particularly concerned with this problem, one representing the Protestant economics' strand (Richard T. Ely) and the other the Catholic economics' one (John A. Ryan). We explore the convergence and the nuances in the positions of these two economists in the criticisms against child labor. Finally, we briefly present that important role of several social organizations advocating legislation curbing child labor and the way these networks converged in their activities with progressive economists in disseminating the arguments against child labor. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF
50. Hidden female figures in the organisation for European economic co-operation, and the reconstruction of Europe after WWII.
- Author
-
Gomez Betancourt, Rebeca and Zacchia, Giulia
- Subjects
- *
EUROPEAN cooperation , *WORLD War II , *ORAL history , *HISTORY of archives , *INTERNATIONAL economic relations , *SOCIAL background , *FEMALES - Abstract
The study of female economists during the post-World War II reconstruction of Western Europe is as yet unresearched. A small but substantial collection of publications discusses the role of male economists within the European institutions created after World War II. However, none of them analyzes contributions made by female economists. This paper aims to shed some light on female economists who participated in the reconstruction of Europe through their work in the Organisation for European Economic Co-operation (OEEC), which was created by the Marshall Plan following the Conference of Sixteen (Conference for European Economic Co-operation). Firstly, we searched for names of female economists who served the institution, hoping that some relevant hidden female figures in the OEEC would resurface. Secondly, through oral history archives and personal documents, we reconstructed the biographies of three female economists who contributed, in different ways, to the activities of the OEEC: Miriam Camp, Florence Kirlin, and Vera Cao Pinna. By comparing these three figures, in terms of their educational and social backgrounds, their narrative, as well as their connections with international networks of experts, we defined their similarities and differences in order to identify the main characteristics that allowed them, even if at different levels and with different roles, to participate in international diplomacy and technical support deployed in the construction and diffusion of the idea of the peaceful, united, and prosperous Europe which we live in today. Tracing back the presence of women in OEEC, this article aims to bring some light on: what did being a woman economist entails in the after WWII in the newborn European institutions and what did it mean in terms of the kind of work and experience a woman could be doing within the process of professionalisation of the economics discipline in the international organisations. We are interested in describing the experiences and self-perceptions of women economists working in male dominated international institutions. Female international thinkers and experts, well known in their own time, were largely overlooked and neglected by scholars, politics, and international history later. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
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