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HERC) Is to Increase the Quality of VA Health Economics Research and Cost-Effectiveness Studies
Center Executive Summary Health Economics Resource Center Director: Todd H. Wagner, PhD The mission of the HSR&D Health Economics Resource Center (HERC) is to increase the quality of VA health economics research and cost-effectiveness studies. HERC provides courses on health economics and econometrics, Cyber Seminars, and consulting services. It estimates the cost of all VA health care encounters, creates databases from DSS cost data, develops and maintains guidebooks to VA financial and health services cost data, issues technical reports with analyses of economic data, issues a bulletin to provide news to customers, and maintains a list of economists interested in collaborating on VA studies. The expertise of HERC economists is developed in their participation in economic studies funded by VA HSR&D, the QUERI program, the Cooperative Studies Program, the National Institutes of Health, and others. Summary of 2014-2018 Strategic Plan This strategic plan addresses challenges facing the VA and U.S. health care system. Among these are the conflict between funding limits, the cost of new technology, and the needs of an aging population. VA will be challenged to compete with alternative sponsors as the Affordable Care Act comes into effect. Other challenges are the increasing number of women Veterans, an increased emphasis on mental health care, specialty needs of returning Veterans, the choice of whether make or buy care, and a constrained federal budget. VA health services research will be conducted by a new Centers of Innovations (COINs) and will need to be conducted in a new information technology system (the CDW-VINCI). In response, five goals are proposed for HERC: train and advise researchers, create and document cost datasets, document other datasets and methods needed by economic researchers, disseminate HERC products, and increase the relevance of economics research to Veteran health care. -
Rent-Seeking: a Primer by Sanford Ikeda
ON LIBERTY November 2003 Vol. 53, No. 10 FEATURES 8 The Economics of Spam by Christopher Westley 10 Business Under German Inflation by Ludwig von Mises 14 Healers Under Siege by Doug Bandow 19 Understanding "Austrian" Economics, Part 2 by Henry Hazlitt 24 Rent-Seeking: A Primer by Sanford Ikeda 29 Grutter v. Bollinger: A Constitutional Embarrassment by George C. Leef 33 Global Warming: Extreme Weather or Extreme Prejudice? by Christopher Lingle 37 The Fallacies of Distributism by Thomas E. Woods, Jr. 4 FROM the PRESIDENT—-The Great German Inflation by Richard M. Ebeling «««« 17 THOUGHTS on FREEDOM—Oblivious to the Obvious by Donald J. Boudreaux 27 PERIPATETICS—Canute's Courtiers Were Wrong by Sheldon Richman 35 OUR ECONOMIC PAST— How the Federal Government Got into the Ocean-Shipping Business by Robert Higgs 47 THE PURSUIT of HAPPINESS—-People Before Profits by Walter E. Williams DEPA RT/V\ E NTS 2 Perspective—Weighing In by Sheldon Richman 6 Massive Foreign Aid Is the Solution to Africa's Ills? It Just Ain't So! by William Thomas 42 Book Reviews Adam Smith's Marketplace of Life by James R. Otteson, reviewed by Robert Batemarco; The Great Tax Wars: Lincoln to Wilson—The Fierce Battles over Money and Power that Transformed the Nation by Steven R. Weisman, reviewed by Burton W. Folsom, Jr.; Pieces of Eight by Edwin Vieira, Jr., reviewed by George C. Leef; Terrorism and Tyranny: Trampling Freedom, Justice, and Peace to Rid the World of Evil by James Bovard, reviewed by Richard M. Ebeling. Published by The Foundation for Economic Education IDEAS Irvington-on-Hudson, NY 10533 Phone: (800) 960-4FEE; (914) 591-7230 PERSPECTIVE ON LIBERTY Fax: (914) 591-8910; E-mail: [email protected] FEE Home Page: www.fee.org Weighing In President: Richard M. -
41042 FEE Text+1
VOLUME 59, NO 7 SEPTEMBER 2009 Features 8 Human Action, 1949: A Dramatic Episode in Intellectual History by Israel M. Kirzner 12 Human Action: The 60th Anniversary by Bettina Bien Greaves 16 Human Action: The Treatise in Economics by Peter Boettke 19 What Human Action Has Meant to Me: Reflections of a Young Economist by Peter T.Leeson 22 The Case for Capitalism by Henry Hazlitt 28 A Triple Whammy for Austrian Economics by Sanford Ikeda 31 In Defense of Ideology by Mario J. Rizzo 34 Transforming America: The Bush-Obama Stimulus Programs by Randall G. Holcombe Page 16 39 The Myth of Unregulated Tobacco by Bruce Yandle Columns 4 Ideas and Consequences ~ In the Grip of Madness by Lawrence W.Reed 26 Our Economic Past ~ The Rise of Big Business and the Growth of Government by Robert Higgs 42 Give Me a Break! ~ Competition Would Save Medicine, Too by John Stossel 55 The Pursuit of Happiness ~ EFCA and Compromise by Charles W.Baird Page 26 Departments 2 Perspective ~ Human Action as a Work of Art by Sheldon Richman 6 Saving Is Killing the Economy? It Just Ain’t So! by Steven Horwitz 44 Capital Letters Book Reviews 50 New Deal or Raw Deal? How FDR’s Economic Legacy Has Damaged America by Burton Folsom, Jr. Reviewed by Robert Higgs 51 The Gridlock Economy: How Too Much Ownership Wrecks Markets, Stops Innovation, and Costs Lives by Michael Heller Reviewed by Art Carden 52 The Complete Idiot’s Guide to Global Economics by Craig Hovey with Gregory Rehmke Reviewed by George C. -
The Economists' Quartet - a Game, Not a Theory
A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Gruescu, Sandra; Thomas, Niels Peter Working Paper The Economists' Quartet - A Game, not a Theory Darmstadt Discussion Papers in Economics, No. 109 Provided in Cooperation with: Darmstadt University of Technology, Department of Law and Economics Suggested Citation: Gruescu, Sandra; Thomas, Niels Peter (2002) : The Economists' Quartet - A Game, not a Theory, Darmstadt Discussion Papers in Economics, No. 109, Technische Universität Darmstadt, Department of Law and Economics, Darmstadt This Version is available at: http://hdl.handle.net/10419/84840 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte. may exercise further usage rights as specified in the indicated licence. www.econstor.eu Darmstadt Discussion Papers in Economics The Economists' Quartet A Game, not a Theory Sandra Gruescu and Niels Peter Thomas No. -
Judith Jarvis Thomson on Abortion; a Libertarian Perspective
DePaul Journal of Health Care Law Volume 19 Issue 1 Fall 2017 Article 3 April 2018 Judith Jarvis Thomson on Abortion; a Libertarian Perspective Walter E. Block Loyola University New Orleans, [email protected] Follow this and additional works at: https://via.library.depaul.edu/jhcl Part of the Health Law and Policy Commons Recommended Citation Walter E. Block, Judith Jarvis Thomson on Abortion; a Libertarian Perspective, 19 DePaul J. Health Care L. (2018) Available at: https://via.library.depaul.edu/jhcl/vol19/iss1/3 This Article is brought to you for free and open access by the College of Law at Via Sapientiae. It has been accepted for inclusion in DePaul Journal of Health Care Law by an authorized editor of Via Sapientiae. For more information, please contact [email protected]. Judith Jarvis Thomson on abortion; a libertarian perspective1 I. Introduction Abortion is one of the most vexing issues faced by society. On the one hand, there are those who favor the pro-choice position. In their view, the woman, and she alone (along with the advice of her doctor – but the final decision must be hers), should be able to legally determine on what basis, and whether, her pregnancy should be conducted. She should be as free to end her pregnancy at any stage of the development of her fetus, or give birth to it after the usual term of nine months. On the other hand, there are those who favor what is called the pro-life position. In this perspective, the fetus, from the moment of conception, is a full rights-bearing human being. -
A Review Essay on Roger Garrison's Time and Money Ryan D. Oprea
Institutions, Emergence, and Macro Theorizing: A Review Essay on Roger Garrison’s Time and Money Ryan D. Oprea George Mason University [email protected] and Richard E. Wagner George Mason University [email protected] Proofs and Queries to: Richard E. Wagner Department of Economics 3G4 George Mason University Fairfax, VA 22030 703-993-1132 Institutions, Emergence, and Macro Theorizing: A Review Essay on Roger Garrison’s Time and Money In the mid-1930s, the approach to macro phenomena associated with Ludwig von Mises and Friedrich Hayek figured prominently in the macro analytics of the time, as noted in the contemporary surveys by Alec Macfie (1934) and Gottfried Haberler (1937). Within two decades, however, the Mises-Hayek formulation had disappeared from the analytical radar screens of macro theorists. This disappearance, moreover, cannot be attributed to any kind of gross explanatory failure on the part of that framework relative to the other frameworks that were present. The Mises-Hayek framework predicted the eventual bust of the inflationary boom of the 1920s, as Murray Rothbard (1963) explains. The severity of the Great Depression, moreover, can be generally reconciled with the Mises-Hayek framework. Among the means for doing this are to take into account the secondary deflation that was set in motion by the initial contraction and the negative supply-side shocks that were generated by the Hoover- Roosevelt efforts to socialize or syndicalize large segments of the American economy. 1 Garrison’s central claim in Time and Money is that the state of macro theorizing lost valuable insights and sources of influence with the disappearance of the Mises-Hayek orientation toward macro theorizing. -
Excerpted from James Gustav Speth, America, Rising to Its Dream (Forthcoming, Yale U.P., Fall 2012) * How Can We Gauge What
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Murray N. Rothbard: an Obituary
MurrayN. Rothbard , IN MEMORIAM PREFACE BY JoANN ROTHBARD EDITED BY LLEWELLYN H. ROCKWELL, JR. Ludwig von Mises Institute Auburn, Alabama 1995 Copyright © 1995 by the Ludwig von Mises Institute, Auburn, Alabama 36849-5301 All rights reserved. Written permission must be secured from the publisher to use or reproduce any part of this book, except for brief quotations in critical reviews or articles. ISBN: 0-945466-19-6 CONTENTS PREFACE, BY JOANN ROTHBARD ................................................................ vii HANS F. SENNHOLZ ...................................................................................... 1 RALPH RAIco ................................................................................................ 2 RON PAUL ..................................................................................................... 5 RICHARD VEDDER .................•.........•............................................................. 7 ROCER W. GARRISON .................................................................................. 13 WALTER BLOCK ........................................................................................... 19 MARTIN ANDERSON •.•.....................................•........................................... 26 MARK THORNTON ..................................................................•.................... 27 JAMES GRANT .............................................................................................. 29 PETER G. KLEIN ......................................................................................... -
Issue 3, September 2015
Econ Journal Watch Scholarly Comments on Academic Economics Volume 12, Issue 3, September 2015 COMMENTS Education Premiums in Cambodia: Dummy Variables Revisited and Recent Data John Humphreys 339–345 CHARACTER ISSUES Why Weren’t Left Economists More Opposed and More Vocal on the Export- Import Bank? Veronique de Rugy, Ryan Daza, and Daniel B. Klein 346–359 Ideology Über Alles? Economics Bloggers on Uber, Lyft, and Other Transportation Network Companies Jeremy Horpedahl 360–374 SYMPOSIUM CLASSICAL LIBERALISM IN ECON, BY COUNTRY (PART II) Venezuela: Without Liberals, There Is No Liberalism Hugo J. Faria and Leonor Filardo 375–399 Classical Liberalism and Modern Political Economy in Denmark Peter Kurrild-Klitgaard 400–431 Liberalism in India G. P. Manish, Shruti Rajagopalan, Daniel Sutter, and Lawrence H. White 432–459 Classical Liberalism in Guatemala Andrés Marroquín and Fritz Thomas 460–478 WATCHPAD Of Its Own Accord: Adam Smith on the Export-Import Bank Daniel B. Klein 479–487 Discuss this article at Journaltalk: http://journaltalk.net/articles/5891 ECON JOURNAL WATCH 12(3) September 2015: 339–345 Education Premiums in Cambodia: Dummy Variables Revisited and Recent Data John Humphreys1 LINK TO ABSTRACT In their 2010 Asian Economic Journal paper, Ashish Lall and Chris Sakellariou made a valuable contribution to the understanding of education in Cambodia. Their paper represents the most robust analysis of the Cambodian education premium yet published, reporting premiums for men and women from three different time periods (1997, 2004, 2007), including a series of control variables in their regressions, and using both OLS and IV methodology.2 Following a convention of education economics, Lall and Sakellariou (2010) use a variation of the standard Mincer model (see Heckman et al. -
Can Anarchy Save Us from Leviathan?
SUBSCRIBE NOW AND RECEIVE CRISIS AND LEVIATHAN* FREE! “The Independent Review does not accept “The Independent Review is pronouncements of government officials nor the excellent.” conventional wisdom at face value.” —GARY BECKER, Noble Laureate —JOHN R. MACARTHUR, Publisher, Harper’s in Economic Sciences Subscribe to The Independent Review and receive a free book of your choice* such as the 25th Anniversary Edition of Crisis and Leviathan: Critical Episodes in the Growth of American Government, by Founding Editor Robert Higgs. This quarterly journal, guided by co-editors Christopher J. Coyne, and Michael C. Munger, and Robert M. Whaples offers leading-edge insights on today’s most critical issues in economics, healthcare, education, law, history, political science, philosophy, and sociology. Thought-provoking and educational, The Independent Review is blazing the way toward informed debate! Student? Educator? Journalist? Business or civic leader? Engaged citizen? This journal is for YOU! *Order today for more FREE book options Perfect for students or anyone on the go! The Independent Review is available on mobile devices or tablets: iOS devices, Amazon Kindle Fire, or Android through Magzter. INDEPENDENT INSTITUTE, 100 SWAN WAY, OAKLAND, CA 94621 • 800-927-8733 • [email protected] PROMO CODE IRA1703 REVIEW ESSAY Can Anarchy Save Us from Leviathan? —————— ✦ —————— ANDREW RUTTEN hese days, it seems that anarchy is everywhere. Its fans range from Yale law professors (Ellickson 1991) to pulp novelists (Ferrigno 1996; Mosley 1998). T Last fall, it even showed up in the New Yorker, where it was touted it as “the next big thing” in law enforcement (Rosen 1997). At first glance, it is hard to understand this fascination. -
Who Are These Economists, Anyway?
mm-T&A09GalbraithSF.qxp:Layout 1 11/10/09 3:40 PM Page 85 Who Are These Economists, Anyway? by James K. Galbraith Of course, there were exceptions to these trends: a few economists challenged the assumption of rational behavior, questioned the belief that financial markets can be trusted and pointed to the long history of financial crises that had devastating economic consequences. But they were swimming against the tide, unable to make much headway against a pervasive and, in retrospect, foolish complacency. —Paul Krugman, New York Times Magazine , September 6, 2009 Amen. While normal ecclesiastic practice places this word at the end of the prayer, on this occa - sion it seems right to put it up front. In two sentences, Professor Paul Krugman, Nobel Laureate in Economics for 2008 and in some ways the leading economist of our time, has summed up the failure of an entire era in economic thought, practice, and policy discussion. And yet, there is something odd about the role of this short paragraph in an essay of over 6,500 words. It’s a throwaway. It leads nowhere. Apart from one other half-sentence, and three passing mentions of one person, it’s the only discussion—the one mention in the entire essay— of those economists who got it right. They are not named. Their work is not cited. Their story remains untold. Despite having been right on the greatest economic question of a generation—they are unpersons in the tale. Krugman’s entire essay is about two groups, both deeply entrenched at (what they believe to be) the top of academic economics. -
The Essential Rothbard
THE ESSENTIAL ROTHBARD THE ESSENTIAL ROTHBARD DAVID GORDON Ludwig von Mises Institute AUBURN, ALABAMA Copyright © 2007 Ludwig von Mises Institute All rights reserved. No part of this book may be reproduced in any man- ner whatsoever without written permission except in the case of reprints in the context of reviews. For information write the Ludwig von Mises Institute, 518 West Magnolia Avenue, Auburn, Alabama 36832 U.S.A.; www.mises.org. ISBN: 10 digit: 1-933550-10-4 ISBN: 13 digit: 978-1-933550-10-7 CONTENTS Introduction . 7 The Early Years—Becoming a Libertarian . 9 Man, Economy, and State: Rothbard’s Treatise on Economic Theory . 14 Power and Market: The Final Part of Rothbard’s Treatise . 22 More Advances in Economic Theory: The Logic of Action . 26 Rothbard on Money: The Vindication of Gold . 36 Austrian Economic History . 41 A Rothbardian View of American History . 55 The Unknown Rothbard: Unpublished Papers . 63 Rothbard’s System of Ethics . 87 Politics in Theory and Practice . 94 Rothbard on Current Economic Issues . 109 Rothbard’s Last Scholarly Triumph . 113 Followers and Influence . 122 Bibliography . 125 Index . 179 5 INTRODUCTION urray N. Rothbard, a scholar of extraordinary range, made major contributions to economics, history, politi- Mcal philosophy, and legal theory. He developed and extended the Austrian economics of Ludwig von Mises, in whose seminar he was a main participant for many years. He established himself as the principal Austrian theorist in the latter half of the twentieth century and applied Austrian analysis to topics such as the Great Depression of 1929 and the history of American bank- ing.