Notes and Sources for Evil Geniuses: the Unmaking of America: a Recent History
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Artificial Intelligence, Automation, and Work
Artificial Intelligence, Automation, and Work The Economics of Artifi cial Intelligence National Bureau of Economic Research Conference Report The Economics of Artifi cial Intelligence: An Agenda Edited by Ajay Agrawal, Joshua Gans, and Avi Goldfarb The University of Chicago Press Chicago and London The University of Chicago Press, Chicago 60637 The University of Chicago Press, Ltd., London © 2019 by the National Bureau of Economic Research, Inc. All rights reserved. No part of this book may be used or reproduced in any manner whatsoever without written permission, except in the case of brief quotations in critical articles and reviews. For more information, contact the University of Chicago Press, 1427 E. 60th St., Chicago, IL 60637. Published 2019 Printed in the United States of America 28 27 26 25 24 23 22 21 20 19 1 2 3 4 5 ISBN-13: 978-0-226-61333-8 (cloth) ISBN-13: 978-0-226-61347-5 (e-book) DOI: https:// doi .org / 10 .7208 / chicago / 9780226613475 .001 .0001 Library of Congress Cataloging-in-Publication Data Names: Agrawal, Ajay, editor. | Gans, Joshua, 1968– editor. | Goldfarb, Avi, editor. Title: The economics of artifi cial intelligence : an agenda / Ajay Agrawal, Joshua Gans, and Avi Goldfarb, editors. Other titles: National Bureau of Economic Research conference report. Description: Chicago ; London : The University of Chicago Press, 2019. | Series: National Bureau of Economic Research conference report | Includes bibliographical references and index. Identifi ers: LCCN 2018037552 | ISBN 9780226613338 (cloth : alk. paper) | ISBN 9780226613475 (ebook) Subjects: LCSH: Artifi cial intelligence—Economic aspects. Classifi cation: LCC TA347.A78 E365 2019 | DDC 338.4/ 70063—dc23 LC record available at https:// lccn .loc .gov / 2018037552 ♾ This paper meets the requirements of ANSI/ NISO Z39.48-1992 (Permanence of Paper). -
Economics & Finance 2011
Economics & Finance 2011 press.princeton.edu Contents General Interest 1 Economic Theory & Research 15 Game Theory 18 Finance 19 Econometrics, Mathematical & Applied Economics 24 Innovation & Entrepreneurship 26 Political Economy, Trade & Development 27 Public Policy 30 Economic History & History of Economics 31 Economic Sociology & Related Interest 36 Economics of Education 42 Classic Textbooks 43 Index/Order Form 44 TEXT Professors who wish to consider a book from this catalog for course use may request an examination copy. For more information please visit: press.princeton.edu/class.html New Winner of the 2010 Business Book of the Year Award, Financial Times/Goldman Sachs Fault Lines How Hidden Fractures Still Threaten the World Economy Raghuram G. Rajan “What caused the crisis? . There is an embarrassment of causes— especially embarrassing when you recall how few people saw where they might lead. Raghuram Rajan . was one of the few to sound an alarm before 2007. That gives his novel and sometimes surprising thesis added authority. He argues in his excellent new book that the roots of the calamity go wider and deeper still.” —Clive Crook, Financial Times Raghuram G. Rajan is the Eric J. Gleacher Distinguished Service Profes- “Excellent . deserve[s] to sor of Finance at the University of Chicago Booth School of Business and be widely read.” former chief economist at the International Monetary Fund. —Economist 2010. 272 pages. Cl: 978-0-691-14683-6 $26.95 | £18.95 Not for sale in India ForthcominG Blind Spots Why We Fail to Do What’s Right and What to Do about It Max H. Bazerman & Ann E. -
Value, Caution and Accountability in an Era of Large Banks and Complex Finance*
2011-2012 BETTING BIG 765 BETTING BIG: VALUE, CAUTION AND ACCOUNTABILITY IN AN ERA OF LARGE BANKS AND COMPLEX FINANCE* LAWRENCE G. BAXTER** Abstract Big banks are controversial. Their supporters maintain that they offer products, services and infrastructure that smaller banks simply cannot match and enjoy unprecedented economies of scale and scope. Detractors worry about the risks generated by big banks, their threats to financial stability, and the way they externalize costs of operation to the public. This article explains why there is no conclusive argument one way or the other and why simple measures for restricting the danger of big banks are neither plausible nor effective. The complex ecology of modern finance and the management and regulatory challenges generated by ultra-large banking, however, cast serious doubt on the proposition that the benefits of big banking outweigh its risks. Consequently, two general principles are proposed for further consideration. First, big banks should bear a greater degree of public accountability by reforming certain principles of corporate governance to require greater representation of public interests at the board and executive levels of big banks. Second, given the unproven promises of performance by big banks, their unimpressive actual record of performance, and the many hazards they inevitably generate or encounter, financial regulators should consciously adopt a strict cautionary approach. Under this approach, big banks would bear a very heavy onus to demonstrate in concrete terms that their continued growth – and even the maintenance of their current scale – can be adequately managed and supervised. * © Lawrence G. Baxter. ** Professor of the Practice of Law, Duke Law School. -
Alex Pareene: Pundit of the Century
Alex Pareene: Pundit of the Century Alex Pareene, first of Wonkette, then Gawker, then Salon, then back to Gawker, then a stillborn First Run Media project, and now Splinter News is a great pundit. In fact, he is a brilliant pundit and criminally underrated. His talent is generally overlooked because he has by-and-large written for outlets derided by both the right and the center. Conservatives have treated Salon as a punching bag for years now, and Gawker—no matter how biting or insightful it got—was never treated as serious by the mainstream because of their willingness to sneer, and even cuss at, the powers that be. If instead Mr. Pareene had been blogging at Mother Jones or Slate for the last ten years, he would be delivering college commencement speeches by now. In an attempt to make the world better appreciate this elucidating polemicist, here are some of his best hits. Mr. Pareene first got noticed, rightfully, for his “Hack List” feature when he was still with Salon. Therein, he took mainstream pundits both “left” and right to task for, well, being idiots. What is impressive about the list is that although it was written years ago, when America’s political landscape was dramatically different from what it is today, it still holds up. In 2012, after noting that while The New York Times has good reporting and that not all of their opinion columns were bad… most of them were. Putting it succinctly: “Ross Douthat is essentially a parody of the sort of conservative Times readers would find palatable, now that David Brooks is a sad shell of his former self, listlessly summarizing random bits of social science and pretending the Republican Party is secretly moderate and reasonable.” Mr. -
The Impact of the New Right on the Reagan Administration
LONDON SCHOOL OF ECONOMICS UNIVERSITY OF LONDON THE IMPACT OF THE NEW RIGHT ON THE REAGAN ADMINISTRATION: KIRKPATRICK & UNESCO AS. A TEST CASE BY Isaac Izy Kfir LONDON 1998 UMI Number: U148638 All rights reserved INFORMATION TO ALL USERS The quality of this reproduction is dependent upon the quality of the copy submitted. In the unlikely event that the author did not send a complete manuscript and there are missing pages, these will be noted. Also, if material had to be removed, a note will indicate the deletion. Dissertation Publishing UMI U148638 Published by ProQuest LLC 2014. Copyright in the Dissertation held by the Author. Microform Edition © ProQuest LLC. All rights reserved. This work is protected against unauthorized copying under Title 17, United States Code. ProQuest LLC 789 East Eisenhower Parkway P.O. Box 1346 Ann Arbor, Ml 48106-1346 2 ABSTRACT The aim of this research is to investigate whether the Reagan administration was influenced by ‘New Right’ ideas. Foreign policy issues were chosen as test cases because the presidency has more power in this area which is why it could promote an aggressive stance toward the United Nations and encourage withdrawal from UNESCO with little impunity. Chapter 1 deals with American society after 1945. It shows how the ground was set for the rise of Reagan and the New Right as America moved from a strong affinity with New Deal liberalism to a new form of conservatism, which the New Right and Reagan epitomised. Chapter 2 analyses the New Right as a coalition of three distinctive groups: anti-liberals, New Christian Right, and neoconservatives. -
Understanding Inflation!Indexed Bond Markets
Understanding In‡ation-Indexed Bond Markets John Y. Campbell, Robert J. Shiller, and Luis M. Viceira1 First draft: February 2009 This version: May 2009 1 Campbell: Department of Economics, Littauer Center, Harvard University, Cambridge MA 02138, and NBER. Email [email protected]. Shiller: Cowles Foundation, Box 208281, New Haven CT 06511, and NBER. Email [email protected]. Viceira: Harvard Business School, Boston MA 02163 and NBER. Email [email protected]. Campbell and Viceira’s research was sup- ported by the U.S. Social Security Administration through grant #10-M-98363-1-01 to the National Bureau of Economic Research as part of the SSA Retirement Research Consortium. The …ndings and conclusions expressed are solely those of the authors and do not represent the views of SSA, any agency of the Federal Government, or the NBER. We are grateful to Carolin P‡ueger for ex- ceptionally able research assistance, to Mihir Worah and Gang Hu of PIMCO, Derek Kaufman of Citadel, and Albert Brondolo, Michael Pond, and Ralph Segreti of Barclays Capital for their help in understanding TIPS and in‡ation derivatives markets and the unusual market conditions in the fall of 2008, and to Barclays Capital for providing data. An earlier version of the paper was presented at the Brookings Panel on Economic Activity, April 2-3, 2009. We acknowledge the helpful comments of panel members and our discussants, Rick Mishkin and Jonathan Wright. Abstract This paper explores the history of in‡ation-indexed bond markets in the US and the UK. It documents a massive decline in long-term real interest rates from the 1990’suntil 2008, followed by a sudden spike in these rates during the …nancial crisis of 2008. -
Wanting, Not Waiting
WINNERSdateline OF THE OVERSEAS PRESS CLUB AWARDS 2011 Wanting, Not Waiting 2012 Another Year of Uprisings SPECIAL EDITION dateline 2012 1 letter from the president ne year ago, at our last OPC Awards gala, paying tribute to two of our most courageous fallen heroes, I hardly imagined that I would be standing in the same position again with the identical burden. While last year, we faced the sad task of recognizing the lives and careers of two Oincomparable photographers, Tim Hetherington and Chris Hondros, this year our attention turns to two writers — The New York Times’ Anthony Shadid and Marie Colvin of The Sunday Times of London. While our focus then was on the horrors of Gadhafi’s Libya, it is now the Syria of Bashar al- Assad. All four of these giants of our profession gave their lives in the service of an ideal and a mission that we consider so vital to our way of life — a full, complete and objective understanding of a world that is so all too often contemptuous or ignorant of these values. Theirs are the same talents and accomplishments to which we pay tribute in each of our awards tonight — and that the Overseas Press Club represents every day throughout the year. For our mission, like theirs, does not stop as we file from this room. The OPC has moved resolutely into the digital age but our winners and their skills remain grounded in the most fundamental tenets expressed through words and pictures — unwavering objectivity, unceasing curiosity, vivid story- telling, thought-provoking commentary. -
Are Public Sector Workers Paid More Than Their Alternative Wage? Evidence from Longitudinal Data and Job Queues
This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research Volume Title: When Public Sector Workers Unionize Volume Author/Editor: Richard B. Freeman and Casey Ichniowski, eds. Volume Publisher: University of Chicago Press Volume ISBN: 0-226-26166-2 Volume URL: http://www.nber.org/books/free88-1 Publication Date: 1988 Chapter Title: Are Public Sector Workers Paid More Than Their Alternative Wage? Evidence from Longitudinal Data and Job Queues Chapter Author: Alan B. Krueger Chapter URL: http://www.nber.org/chapters/c7910 Chapter pages in book: (p. 217 - 242) 8 Are Public Sector Workers Paid More Than Their Alternative Wage? Evidence from Longitudinal Data and Job Queues Alan B. Krueger Several academic researchers have addressed the issue of whether federal government workers are paid more than comparable private sector workers. In general, these studies use cross-sectional data to estimate the differential in wages between federal and private sector workers, controlling for observed worker characteristics such as age and education. (Examples are Smith 1976, 1977 and Quinn 1979.) This literature typically finds that wages are 10-20 percent greater for federal workers than private sector workers, all else constant. In conflict with the findings of academic studies, the Bureau of Labor Statistics’s of- ficial wage comparability survey consistently finds that federal workers are paid less than private sector workers who perform similar jobs.’ Moreover, the government’s findings have been confirmed by an in- dependent study by Hay Associates (1984). Additional research is needed to resolve this conflict. When the focus turns to state and local governments, insignificant differences in pay are generally found between state and local govern- ment employees and private sector employees. -
Tax Notes International Article It's Time to Update The
® Analysts does not claim copyright in any public domain or third party content. Tax All rights reserved. Analysts. Tax © 2019 taxnotes international Volume 96, Number 8 ■ November 25, 2019 It’s Time to Update the Laffer Curve For the 21st Century by George L. Salis Reprinted from Tax Notes Internaonal, November 25, 2019, p. 713 For more Tax Notes® International content, please visit www.taxnotes.com. © 2019 Tax Analysts. All rights reserved. Analysts does not claim copyright in any public domain or third party content. VIEWPOINT tax notes international® It’s Time to Update the Laffer Curve for the 21st Century by George L. Salis economic theory could use a redesign for our George L. Salis is the principal economist modern global digital economy. In fact, most economic theories and models evolve in how and tax policy adviser they’re framed and/or applied over time. As at Vertex Inc. and is based in King of economist Dani Rodrik notes in his book, Prussia, Pennsylvania. Economics Rules: The Rights and Wrongs of the Dismal Science, “older models remain useful: we In this article, the add to them.” author discusses the necessity of updating Additions to the theory could be important to the applicability of the business and tax executives, given how the Laffer Laffer curve theory to curve and the Tax Cuts and Jobs Act it the modern global theoretically helped create continue to produce digital economy. economic, policy, and trade ripple effects around the world. The influence on economic cycles and It’s staggering to think that notes scribbled on national debt levels in turn have major a restaurant napkin can transform into a implications for tax policy decisions, as well as fundamental notion that has for decades served as strategic tax planning activities in the (possibly a rationalization for major tax cuts. -
Connections in Transportation Department of Urban Studies and Planning, MIT, Spring 2015
Behavior and Policy 11.478 Behavior and Policy: Connections in Transportation Department of Urban Studies and Planning, MIT, Spring 2015 Full Reading List Part I: Behavior and Policy in a Nutshell Class 1. Cafeteria Trays and Multiple Frameworks • Etheredge (1976) The case of the unreturned cafeteria trays: An Investigation based upon theories of motivation and human behavior Class 2. Ten Instruments for Behavioral Change • Miller and Prentice (2013) Psychological Levers of Behavior Change, Chapter 17 in Eldar Shafir, The Behavioral Foundations of Public Policy • Richard Thaler, Cass R. Sunstein: Nudge: Improving Decisions About Health, Wealth, and Happiness, Introduction • Daniel Kahneman: Thinking, Fast and Slow, Introduction Class 3. Measurement, Tools and Technology (Emile Bruneau) • Emile Bruneau 2015 "Putting Neuroscience to Work for Peace”, Working Paper • Duflo, E., Glennerster, R., & Kremer, M. (2007). Using randomization in development economics research: A toolkit. Handbook of development economics, 4, 3895-3962. • Greenwald, A. G., Nosek, B. A., & Banaji, M. R. (2003). Understanding and using the implicit association test: I. An improved scoring algorithm. Journal of personality and social psychology, 85(2), 197. You may try the Implicit Association Test here https://implicit.harvard.edu/ • Winter Mason and Siddharth Suri (2012) Conducting Behavioural Research on Amazon’s Mech Turk, Behavior Research Method 44(1) Class 4. My Brain at the Bus Stop: EEG & Waiting • Dan Ariely and Gregory S. Berns (2010), “Neuromarketing: The Hope and Hype of Neuroimaging in Business.” Nature Reviews Neuroscience. • Li, Zelin, F. Duarte, J. Zhao, Z. Zhao (2015) My brain at the bus stop: an exploratory framework for applying EEG-based emotion detection techniques in transportation study, working paper Class 5. -
Uncorrected Transcript
1 CEA-2016/02/11 THE BROOKINGS INSTITUTION FALK AUDITORIUM THE COUNCIL OF ECONOMIC ADVISERS: 70 YEARS OF ADVISING THE PRESIDENT Washington, D.C. Thursday, February 11, 2016 PARTICIPANTS: Welcome: DAVID WESSEL Director, The Hutchins Center on Monetary and Fiscal Policy; Senior Fellow, Economic Studies The Brookings Institution JASON FURMAN Chairman The White House Council of Economic Advisers Opening Remarks: ROGER PORTER IBM Professor of Business and Government, Mossavar-Rahmani Center for Business and Government, The John F. Kennedy School of Government at Harvard University Panel 1: The CEA in Moments of Crisis: DAVID WESSEL, Moderator Director, The Hutchins Center on Monetary and Fiscal Policy; Senior Fellow, Economic Studies The Brookings Institution ALAN GREENSPAN President, Greenspan Associates, LLC, Former CEA Chairman (Ford: 1974-77) AUSTAN GOOLSBEE Robert P. Gwinn Professor of Economics, The Booth School of Business at the University of Chicago, Former CEA Chairman (Obama: 2010-11) PARTICIPANTS (CONT’D): GLENN HUBBARD Dean & Russell L. Carson Professor of Finance and Economics, Columbia Business School Former CEA Chairman (GWB: 2001-03) ALAN KRUEGER Bendheim Professor of Economics and Public Affairs, Princeton University, Former CEA Chairman (Obama: 2011-13) ANDERSON COURT REPORTING 706 Duke Street, Suite 100 Alexandria, VA 22314 Phone (703) 519-7180 Fax (703) 519-7190 2 CEA-2016/02/11 Panel 2: The CEA and Policymaking: RUTH MARCUS, Moderator Columnist, The Washington Post KATHARINE ABRAHAM Director, Maryland Center for Economics and Policy, Professor, Survey Methodology & Economics, The University of Maryland; Former CEA Member (Obama: 2011-13) MARTIN BAILY Senior Fellow and Bernard L. Schwartz Chair in Economic Policy Development, The Brookings Institution; Former CEA Chairman (Clinton: 1999-2001) MARTIN FELDSTEIN George F. -
Getting Ready for Health Reform 2020: What Past Presidential Campaigns Can Teach Us
REPORT JUNE 2018 Getting Ready for Health Reform 2020: What Past Presidential Campaigns Can Teach Us Jeanne M. Lambrew Senior Fellow The Century Foundation ABSTRACT KEY TAKEAWAYS ISSUE: The candidates for the 2020 presidential election are likely to Campaign plans are used by emerge within a year, along with their campaign plans. Such plans will supporters and the press to hold presidents accountable. Though include, if not feature, health policy proposals, given this issue’s general voters are unlikely to believe that significance as well as the ongoing debate over the Affordable Care Act. politicians keep their promises, GOAL: To explain why campaign plans matter, review the health policy roughly two-thirds of campaign components of past presidential campaign platforms, and discuss the promises were kept by presidents likely 2020 campaign health reform plans. from 1968 through the Obama years. METHODS: Review of relevant reports, data, party platforms, and policy documents. Health policy will likely play FINDINGS AND CONCLUSIONS: Proposals related to health care have a significant role in the 2020 grown in scope in both parties’ presidential platforms over the past election, with Republicans focused on deregulation and century and affect both agendas and assessments of a president’s capped federal financing success. Continued controversy over the Affordable Care Act, potential and Democrats backing the reversals in gains in coverage and affordability, and voters’ concern Affordable Care Act and a suggest a central role for health policy in the 2020 election. Republicans Medicare-based public plan will most likely continue to advance devolution, deregulation, and option. capped federal financing, while Democrats will likely overlay their support of the Affordable Care Act with some type of Medicare-based public plan option.