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Why is there no Milton Friedman today? For two reasons. The young Milton Friedman emerged from a cloistered hold-out against the Age of Keynes; as such he was a battle-tested master of ingenuity and subterfuge. The accomplishments of those years cannot be replicated by the dominant and dogmatic...
Persistent link: https://www.econbiz.de/10010659518
It is not impossible for there to be another economist of Milton Friedman’s stature, but it is unlikely. Milton had a rare combination of characteristics. His brilliance showed up in his economics work early in his life and led him to some major contributions that affected the profession’s...
Persistent link: https://www.econbiz.de/10010659519
The project called “The Ideological Migration of the Economics Laureates” fills the September 2013 issue of this journal. In doing the project the investigators emailed the living laureates with a questionnaire asking them of their ideological character and outlook over time. The document...
Persistent link: https://www.econbiz.de/10011133024
This is the first paper that studies the causal effect of studying economics on subjective well being. Based on a survey among 918 students of economics and other social sciences, we estimate the effects of studying in the different fields on individual life satisfaction. Controling for personal...
Persistent link: https://www.econbiz.de/10010956718
Neoclassical economists of the current era frequently pay lip service to Adam Smith's theories to certify the validity …, and the field of study he afforded to political economy. Instead, early neoclassical economists parted ways with the …
Persistent link: https://www.econbiz.de/10011784683
. Economists writing for the public can either highlight such truths, neglect the issue, or try to allay worries or excuse or … justify large budget deficits (as anti-recession policy, for example). Economists affiliated or aligned with one of the … constituency. This paper investigates selected economists, to see whether their tune changes when the party holding the White House …
Persistent link: https://www.econbiz.de/10008484322
all active petition signers lean heavily toward either liberalism or interventionism. The economists most active in …, Michael Reich, David Terkla, Christopher Tilly, and Thomas E. Weisskopf. We present information on many notable economists …
Persistent link: https://www.econbiz.de/10008492697
By banning payments to donors, government has limited organ supply to barter and charity. Economists have generated a … judgments of economists to see whether they preponderantly support liberalization. I classify 72 economists and find that most … of those economists who publish a judgment favor liberalization to one extent or another. This consensus among the …
Persistent link: https://www.econbiz.de/10008492698
Persistent link: https://www.econbiz.de/10005417337
This is the first paper that studies the causal effect of studying economics on subjective well being. Based on a survey among 918 students of economics and other social sciences, we estimate the effects of studying in the different fields on individual life satisfaction. Controling for personal...
Persistent link: https://www.econbiz.de/10010392356