Distinguished lecture on economics in government: big bills left on the sidewalk: why some nations are rich, and others poor

Article Abstract:

Individual rationalities in poor economies lack structured incentives that ensure socially productive transactions and high monetary returns. The structure of incentives is dictated by economic policies and institutions. Variations in national economic policies and institutions are largely responsible for global differences in per capita incomes. This presupposes a link between institutionalized economic policies and economic performance. In the absence of enforcement contracts, uncoordinated individual action in poor societies misses out on the big gains from specialized trade.

International aspects, Influence, Economic policy, Income, Income distribution, Regional disparities (Economics)

---

The economist in tort litigation

Article Abstract:

Economists have increasingly been used as expert witnesses and consultants in discrimination, anti-trust, wrongful death and other legal cases. Consulting work of this kind has come to be called 'forensic economics'. Defense attorneys may use economic experts, who are not only used by plaintiffs. There has been concern about possible unethical practices, though there is little evidence that they are common, and a number of safeguards operate as constraints. It is unclear whether these safeguards are sufficient for the integrity of the profession and the public interest.

Ethical aspects, Economists, Evidence, Expert, Expert evidence

---

Distinguished lecture on economics in government: the economist vs. madmen in authority

Article Abstract:

There is a need to put more emphasis on the political, institutional and programmatic difficulties which act as hurdles towards the implementation of good economic strategy. For example, economists often overlook the concept that government extravagancy can be effectively cut for reducing the deficit and that welfare has to be limited on the basis of time and be made conditional on people's behavior. However, economists do consider that education and training are currently more important to individual and national good.

Analysis, Economics, Political aspects, Economic research, Lecture method in teaching, Lecture method (Education)

Similar abstracts:

• Abstracts: Distinguished lecture on economics in government: accounting for saving and capital formation in the United States, 1947-1991
• Abstracts: The economics of development: a review article. Financial intermediation and economic growth in developing countries
• Abstracts: Public and private partnerships in economic development: the role of the Alberta Economic Development Authority
• Abstracts: "Professionalization" of economic development: the higher education linkage. part 2 Information and training: the foundation for building a path to excellence
• Abstracts: The enclosure of a common property resource: private and group ownership in equilibrium. part 2 The Roman Empire: domination and integration

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.