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Incentives Matter (Free subscription) | yesterday
Krugman wrote an article that appeared yesterday in the NYT defending the Tobin tax, a tax on financial transactions, as a way to "deter financial speculation." Financial speculation by itself isn't a problem, is a solution , and as an economist he should know that. Krugman's mistake is worse however: his article transparently shows that he doesn't know anything about the recent literature...
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Canadian Entrepreneur (Free subscription) | yesterday
I got an interesting email this week from a CA with a big problem. "My focus as a CA is business advisory services to small businesses. Unfortunately I find that even after signing on clients to an engagement, the clients don’t do the required action plans to grow their business. This has me stumped . We had a conversation that they initiated, they bought into what services and investment...
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Daily News Analysis (Free subscription) | 21/11/2009
Elinor Ostrom, winner of this year's Nobel Prize for Economics talks about climate change, India's development dilemmas, and the limitations of orthodox economics.
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ecopolitology (Free subscription) | 19/11/2009
What's the first name that comes to mind when you think of the U.S. Environmental Protection Agency? Current EPA Administrator Lisa P. Jackson, embattled Bush-era EPA chief Stephen Johnson, or the first EPA administrator, William Ruckelshaus? No? How about NASCAR driver Jeff Gordon? Related Posts... EPA Rails Against New Jersey Dept. of Environmental Protection , Coal-to-Switchgrass, 4-Day Work Weeks,...
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Law Department Management (Free subscription) | 19/11/2009
That all economic transactions are costly in terms of finding, contracting with, and enforcing the arrangement we know from the seminal work of Ronald Coase, winner of the 1991 Nobel prize for economics. Finding the right price to pay among...
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The Plank (Free subscription) | 17/11/2009
“ Banking on the State ” by Andrew Haldane and Piergiorgio Alessandri is making waves in official circles. Haldane , Executive Director for Financial Stability at the Bank of England, is widely regarded as both a technical expert and as someone who can communicate his points effectively to policymakers. He is obviously closely in line--although not in complete agreement--with the thinking...
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Indecision Forever (Free subscription) | 16/11/2009
Of course we think The Daily Show is the only trustworthy news-source in America, but we work for Comedy Central, so we're hardly objective. We also think South Park should have won the Nobel Prize for Economics, and Just Shoot Me reruns cure rickets. But it turns out we're not the only ones singing the [...]
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The Green Changemakers (Free subscription) | 15/11/2009
by Derek Wall - Another Green World Derek Wall was the last Principal Male Speaker of the Green Party of England and Wales. "How to be green? Many people have asked us this important question. It's really very simple and requires no expert knowledge or complex skills. Here's the answer. Consume less. Share more. Enjoy life. " Penny Kemp and Derek Wall This blog promotes anti-capitalism, green...
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News On Women (Free subscription) | 13/11/2009
Powerful women were on display in October09, including Nobel Prize winner Elinor Ostrom, the first woman in history to win a Nobel Prize for economics, as well as Elizabeth Blackburn and Carol Greider, awarded the 2009 Nobel Prize in medicine....
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Politics in the Zeros (Free subscription) | 10/11/2009
Derek Wall on Strom winning the Nobel prize in Economics for refuting the “tragedy of the commons.” Ostrom’s work is important to socialists because it shows that it is possible to run economic systems without private property or state control. Marx famously argued that socialism would lead to communism based on the commons, where democratic planning would [...]
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Virtual Library Cat's Eye View (Free subscription) | 09/11/2009
If you are looking for serious economics analysis about public policy and current issues, try The Economists' Voice. Edited by Aaron Edlin and Joseph Stiglitz , recipient of the 2001 Nobel Prize for Economics, together with Jonathan Carmel, J. Bradford DeLong and Jeffrey Zwiebel , The Economists' Voice offers access to full text ( PDF ) articles on a broad range of policy issues. To access The Economists'...
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Another Green World (Free subscription) | 09/11/2009
I was amazed to find that Elinor Ostrom, a 76-year-old professor, had won the Nobel Prize for economics. While everyone else seemed to be asking: "Elinor who?" I was celebrating the fact that my favourite political economist had picked up the award. Ostrom - Lin to her friends apparently - shares the prize with Professor Oliver Williamson. While Williamson is not a radical thinker and uses...
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GuruFocus Updates (Free subscription) | 06/11/2009
By guruek. Edmund Phelps, professor of economics at Columbia University and winner of the 2006 Nobel Prize in economics, talks with Bloomberg's about the outlook for the U.S. economy. Phelps says an economic upturn is coming pretty quick but that the recovery will run out of gas with unemployment at 6 percent to 7.5 percent. Read more » »
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At Lincoln House (Free subscription) | 06/11/2009
Elinor Ostrom, who won the Nobel Prize in Economics, is a partner with the Lincoln Institute of Land Policy on common property and property rights.