Wednesday, January 05, 2005

Vocea Economistilor, citeva noi articole

Citeva noi articole la Vocea Economistilor (via Aaron S. Edlin, bepress, unul dintre co-editori)

Editor: Joseph Stiglitz, Columbia University
Co-Editors: Bradford Delong, UC Berkeley, Aaron Edlin, UC Berkeley

Avindu-i, printre cei care scriu in mod regulat comentarii la acest jurnal pe:
- Laura Tyson, London Business School
- Joseph Stiglitz, Nobel Laureate, Columbia University
- Robert Solow, MIT
- Suzanne Scotchmer, UC Berkeley
- Steven Salop, Georgetown Law Center
- Richard A. Posner, Judge, 7th Circuit; Lecturer, U. of Chicago
- Peter Orszag, Brookings Institution
- Douglass C. North, Nobel Laureate, Washington University
- Barry Nalebuff, Yale University
- Alicia Munnell, Boston College
- Edward Lazear, Stanford University & Hoover Institution
- Paul Krugman, Princeton University
- R. Glenn Hubbard, Columbia University
- Bruno Frey, University of Zurich
- Aaron Edlin, UC Berkeley
- J. Bradford Delong, UC Berkeley
- Michael Boskin, Stanford University & Hoover Institution
- Jadish Bhagwati, Columbia University
- Gary Becker, Nobel Laureate, U. of Chicago
- Lucian Bebchuk, Harvard University
- Ian Ayres, Yale University
- George Akerlof, Nobel Laureate, UC Berkeley
De asemenea, Edward Lazear si Lucian Bebchuk, alaturati de curind celor de mai sus.


COLUMNS

Paul Krugman (2005) "Confusions about Social Security", The Economists' Voice: Vol. 2: No. 1, Article 1.

SUMMARY:
There is a lot of confusion in the debate over Social Security privatization, much of it deliberate. This essay discusses the meaning of the trust fund, which privatizers declare either real or fictional at their convenience; the likely rate of return on private accounts, which has
been greatly overstated; and the (ir)relevance of putative reductions in far future liabilities.

John Quiggin (2004) "The Unsustainability of U.S. Trade Deficits", The
Economists' Voice: Vol. 1: No. 3, Article 2.

SUMMARY:
Although substantial current account deficits can be sustained indefinitely, large deficits in goods and services trade cannot be. Even to stabilise the current account deficit, the United States must restore balance in goods and services trade within a decade or so. If this adjustment is to be achieved without a crisis, a range of policy adjustments will be needed. Options include a managed devaluation of the US dollar, substantial increases in public and household saving and initiatives to reduce reliance on imported oil and gas.

Ronald I. McKinnon (2004) "Government Deficits and The Deindustrialization of America", The Economists' Voice: Vol. 1: No. 3, Article 1.

SUMMARY:
Government deficits are accelerating deindustrialization in the United States. Should we care? Absolutely. One reason is that manufacturing and associated learning-by-doing are powerful sources of external benefits that accelerate economy-wide productivity growth. A second is that the loss of manufacturing jobs is a powerful source of anger against free trade. The U.S. federal government needs to run surpluses to eliminate the savings deficiency of the American economy.


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