Wednesday, April 9, 2008

Thursday, April 3, 2008

Economics of development

From Dani Rodrik's blog a reference to 4 excellent essays -

What should the World Bank know and think about governance?

You can read the four short essays on this question produced by Daron Acemoglu, Frank Fukuyama, Doug North, and myself here. There is much convergence of views in these essays, but also some disagreements. Daron and I disagree in particular on two issues: whether industrial policy makes sense or not (me: yes, Daron: no) and whether institutional reform should adopt a best-practice approach or not (me: no, Daron: yes). I take Doug North's views on the latter question to be much closer to mine than to Daron's--or at least they appeared to be so in the discussion following the presentations.

Tuesday, April 1, 2008

Capitalism, Morality, and Liberty

I will attend the Liberty Fund colloquium in Denver on “Capitalism, Morality, and Liberty” on April 3-6, 2008.

Monday, March 17, 2008

Liberty Fund - March 17-19

I will be in Indianapolis as an FTE representative for the Liberty Fund “Co-Sponsored Alliance Meeting”, March 17-19, 2008.

This meeting will consist of two Socratic sessions on the morning of the 18th followed by 4 breakout sessions relating to the logistics of Liberty Fund conference.

Socratic Session One


Why Liberty? A Collection of Liberty Fund Essays

On Liberty - JS Mill

The Use of Knowledge in Society - FA Hayek

Capitalism and Freedom

Socratic Session Two

Why Liberty? A Collection of Liberty Fund Essays

A Place of Learning - M Oakeshott

Breakout session one

Discussion Leading

Database Management

Breakout session two

Program design and best practices

Conference guidelines and administration

Breakout session three

Liberty Fund Conference Program

Proposal Development

Breakout session four

Readings and copyrights

Conference evaluation and feedback

Monday, March 10, 2008

Economics of Disasters

On March 6 the FTE was in Tempe for:

The Economics of Disasters workshop. Registration and a continental breakfast began at 8:00am for all our participants. The general program began promptly at 8:30am with an introduction to disasters by Kathy Ratte.


Kathy provided an excellent overview of lesson one in the five lesson curriculum sequence that makes up the FTE Economics of Disasters. During the course of the workshop, participants had the opportunity to engage with the following activities:


Are Disasters Good for the Economy?

Price Gouging Activity
Nobody Knows Everything - Game Slides (Adobe PDF/Powerpoint)


Her presentation was followed by an in depth application of economic reasoning to the topic of disasters by Dr. Daniel Benjamin.



Dan presented the economic impact of disasters and extended the discussion through an analysis of the role of the government in the mitigation of the results of disaster.

The Arizona Council on Economic Education’s goals are to assist teachers in improving their students’ economic and financial literacy and decision making skills, by providing them with content, methodologies and practical tools.


Friday, March 7, 2008

Your view of the economy in 2008

This is a follow up to a post from last month.

Just how badly is the United States really doing? Take a minute and vote on the survey to your right,then read on.

My colleague James D. Hamilton writes in the March 2, 2008 San Diego Union writes:

Sixty-one percent of Americans believe that the U.S. economy is already experiencing a recession, reported a recent AP/Ipsos poll. People who study the economy for a living are also concerned, but they are not quite as pessimistic. In a survey of economic forecasters by the National Association for Business Economics, 55 percent of the respondents declared that we're not in a recession and are not going to have one this year.

http://www.signonsandiego.com/uniontrib/20080302/news_lz1e2hamilton.html

Sunday, March 2, 2008

Econoblogosphere

The econoblogosphere . . .