BARRY R. WEINGAST Office Address
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Law and Neoliberalism
INTRODUCTION_PURDY_GREWAL_BOOKPROOF (DO NOT DELETE) 1/9/2015 12:36 AM INTRODUCTION: LAW AND NEOLIBERALISM DAVID SINGH GREWAL* JEDEDIAH PURDY** “Neoliberalism” refers to the revival of the doctrines of classical economic liberalism, also called laissez-faire, in politics, ideas, and law. These revived doctrines have taken new form in new settings: the “neo-” means not just that they are back, but that they are also different, a new generation of arguments. What unites the two periods of economic liberalism is their political effect: the assertion and defense of particular market imperatives and unequal economic power against political intervention. Neoliberalism’s advance over the past few decades has reshaped most important domains of public and private life, and the law has been no exception. From constitutional doctrine to financial regulation to intellectual property and family law, market and market- mimicking approaches are now commonplace in our jurisprudence. While the term “neoliberalism” may be unfamiliar to some American legal audiences, it is a common part of the scholarly lexicons of many disciplines and is widely used elsewhere in the world, notably in Latin America and Europe. Some of the explanation for the term’s unfamiliarity may be parochialism.1 But in the United States in particular, neoliberalism’s political expression has proven less the reincarnation of a doctrine thought to be abandoned (classical liberalism) than the intensification of a familiar and longstanding “anti- regulatory” politics.2 Familiar as this political expression may be, it is our Copyright © 2014 by David Singh Grewal & Jedediah Purdy. This article is also available at http://lcp.law.duke.edu/. -
(2000) Offers an Intriguing Anecdote
Word count: 13,442 Two-Stage Partial Observability Models of Innovation Adoption Christophe Van den Bulte University of Pennsylvania Gary L. Lilien The Pennsylvania State University October 9, 2001 Acknowledgements We benefited from comments by David Bell, Marnik Dekimpe, Jehoshua Eliashberg, Peter Fader, Teck Ho, Wendy Moe, and audience members at the 1999 INSNA Sunbelt Conference. We thank Thomas Valente for providing us with the Medical Innovation data set. Financial support from the Richard D. Irwin Foundation and Penn State's Institute for the Study of Business Markets is gratefully acknowledged. Correspondence address: Christophe Van den Bulte, The Wharton School, University of Pennsylvania, 3620 Locust Walk, Philadelphia, PA 19104-6371. Tel: 215-898-6532; fax: 215-898-2534; e-mail: [email protected]. Two-Stage Partial Observability Models of Innovation Adoption Abstract Many theories on the adoption and diffusion of innovations posit that adoption is the outcome of a decision process. A two-stage conception of that process involving an awareness stage followed by a stage combining evaluation and adoption seems particularly useful. Several empirical studies indicate that the effect of mass media and change agents is relatively concentrated in creating awareness, while the effect of personal influence from earlier adopters (i.e., social contagion) is more concentrated in bringing about a positive evaluation and hence adoption. A frustrating problem, however, is that most data record only the final outcome of the process, i.e. the time of adoption. We bridge this gap in richness between theory and data by developing new event history models, which we call partial observability models of innovation adoption. -
The Euro: It Can’T Happen
EUROPEAN ECONOMY Economic Papers 395| December 2009 The euro: It can’t happen. It’s a bad idea. It won’t last. US economists on the EMU, 1989 - 2002 Lars Jonung and Eoin Drea EUROPEAN COMMISSION Economic Papers are written by the Staff of the Directorate-General for Economic and Financial Affairs, or by experts working in association with them. The Papers are intended to increase awareness of the technical work being done by staff and to seek comments and suggestions for further analysis. The views expressed are the author’s alone and do not necessarily correspond to those of the European Commission. Comments and enquiries should be addressed to: European Commission Directorate-General for Economic and Financial Affairs Publications B-1049 Brussels Belgium E-mail: [email protected] This paper exists in English only and can be downloaded from the website ec.europa.eu/economy_finance/publications A great deal of additional information is available on the Internet. It can be accessed through the Europa server (ec.europa.eu) ISBN 978-92-79-14395-3 © European Communities, 2009 The euro: It can’t happen, It’s a bad idea, It won’t last. US economists on the EMU, 1989 - 2002 Lars Jonung and Eoin Drea November 10, 2009 Abstract: The purpose of this study is to survey how US economists, those with the Federal Reserve System and those at US universities, looked upon European monetary unification from the publication of the Delors Report in 1989 to the introduction of euro notes and coins in January 2002. Our survey of approximately 170 publications -
Interpersonal Trust and Participation in Public Consultations Clément Herman
Who speaks out when politicians tune in ? Interpersonal trust and participation in public consultations Clément Herman To cite this version: Clément Herman. Who speaks out when politicians tune in ? Interpersonal trust and participation in public consultations. Economics and Finance. 2020. dumas-03045175 HAL Id: dumas-03045175 https://dumas.ccsd.cnrs.fr/dumas-03045175 Submitted on 7 Dec 2020 HAL is a multi-disciplinary open access L’archive ouverte pluridisciplinaire HAL, est archive for the deposit and dissemination of sci- destinée au dépôt et à la diffusion de documents entific research documents, whether they are pub- scientifiques de niveau recherche, publiés ou non, lished or not. The documents may come from émanant des établissements d’enseignement et de teaching and research institutions in France or recherche français ou étrangers, des laboratoires abroad, or from public or private research centers. publics ou privés. MASTER THESIS N° 2020 – 02 Who speaks out when politicians tune in ? Interpersonal trust and participation in public consultations Clément Herman JEL Codes: D70, D72, D90, Z10 Keywords: Master’s esis Who speaks out when politicians tune in? Interpersonal trust and participation in public consultations September 3, 2020 Clement´ Herman Ecole Normale Superieure-PSL´ & Paris School of Economics [email protected] under the supervision of Ekaterina Zhuravskaya Abstract Public consultations, especially online, are more and more commonplace in contemporary democra- cies. is work aims to study how interpersonal trust determines participation in public consultations, and the forms thereof. I use the Grand Debat´ National, that occurred in France in 2019, as a natural experiment to study the geographic cross-sectional relationship between a novel synthetic measure of local interpersonal trust and various aspects of participation in this public consultation. -
Completing the Eurozone Rescue: What More Needs to Be Done?
Completing the Eurozone Rescue: What More NeedstoBeDone? Rescue:WhatMore Completing theEurozone The Eurozone’s life-threatening crisis in May 2010 was halted when Eurozone Completing theEurozoneRescue: leaders and the ECB took strong measures in May. But these were palliatives not a cure. The Eurozone’s life-threatening crisis in May 2010 was halted Completing The crisis is not over, according to the dozen world-renowned economists whose when Eurozone leaders and the ECB took strong measures in views are containedMay. But in these this book. were The palliatives Eurozone notrescue a cure.needs to be completed. More needs to be done. The crisis is not over, according to the dozen world-renowned What MoreNeedstoBeDone? the Eurozone The Eurozoneeconomists ‘ship’ is holed whose below theviews waterline. are Thecontained ECB actions in are this keeping book. it The afl oat for now,Eurozone but this rescueis accomplished needs toby besomething completed. akin to More bailing needs the water to beas done. fast as it leaksThe in. EuropeanEurozone leaders ‘ship’ must is veryholed soon fibelow nd a way the to fi waterline.x the hole. The ECB Rescue: This book actionsgathers the are thinking keeping of ait dozenafloat world-class for now, economistsbut this is on accomplished what they by need to dosomething on banking-sector akin to clean bailing up, thefi scal water discipline, as fast structural as it leaks policies, in. andEuropean What More Needs to leaders must very soon find a way to fix the hole. more. This book gathers the thinking of a dozen world-class economists Be Done? on what they need to do on banking-sector clean up, fiscal discipline, structural policies, and more. -
1 European Monetary Unification and International Monetary Cooperation
c:\wp51\papers\cfr:12/16/96 European Monetary Unification and International Monetary Cooperation1 Barry Eichengreen and Fabio Ghironi University of California, Berkeley Revised, December 1996 Monetary affairs are not a leading sphere of U.S.-European cooperation. Were issues ranked by the extent of concerted and sustained cooperation, interest-rate and exchange-rate policy would surely fall behind security, financial-market regulation, and trade. Still, cooperation between the U.S. and Europe and among G-7 central banks and governments more generally has played a significant role on occasion, for example when the dollar soared in the mid-1980s and slumped in 1994, and during exceptional crises like the Mexican meltdown of 1995. European monetary unification, if and when it occurs, threatens to discourage even modest initiatives such as these. The European Central Bank (ECB) will assume tasks of the national central banks of the EU member states that participate in the monetary union. The Council of Ministers (in consultation with the ECB, the European Commission and the European Parliament) will make decisions regarding European participation in any new global exchange rate arrangement. European policymakers and others are understandably preoccupied by how these bodies will manage the monetary affairs of the newly-formed Euro zone, to the neglect of the implications for cooperation with the rest of the world. Many American observers essentially ignorant of the entire process. This development is unfortunate, for there is reason to think that EMU 1 The authors are John L. Simpson Professor of Economics and Political Science and Graduate Student in Economics at the University of California, Berkeley. -
What Is Economic Sociology and Should Any Economists Care?
What Is Economic Sociology and Should Any Economists Care? Robert Gibbons* Robert Gibbons is Sloan Distinguished Professor of Organizational Economics and Strategy, Sloan School of Management and Department of Economics, Massachusetts Institute of Technology, Cambridge, Massachusetts. * I am grateful to Tim Taylor for helpful comments and to Jim Baron, Roberto Fernandez, Jim March, Joel Podolny, Jesper Sorensen, and Ezra Zuckerman for patient tutoring. 1 A couple years ago, two of my colleagues independently proposed approximately the same title for their respective contributions to a series of lunchtime talks: “Why Erving Goffman Is My Hero (and Should Be Yours, Too).” I emerged from these two lunches mightily impressed – both by Goffman’s (1959) insights into The Presentation of Self in Everyday Life and by the potential for Goffman’s micro-sociological research to inspire a major new research stream in behavioral game theory. In a similar spirit, I considered titling this introduction “Why Robert Merton Is My Hero,” but this approach seemed prone to at least two problems. First, explaining hero worship in a short space would probably require poetry, which is not my forte. Second, I feared that the title would be opaque to those economists who would immediately think of Robert C. Merton, the Nobel Laureate in financial economics, rather than his father Robert K. Merton, one of the great sociologists in the history of that discipline. I take the ideas in these papers and their underlying sociological literatures quite seriously. In fact, one sociologist friend recently declared that I have an “economist’s eye for the sociological guy.” More precisely, my interest is in economic sociology, which I will define as the sociology of economic actors and institutions; see the two Handbooks of Economic Sociology by Smelser and Swedberg (1994, forthcoming) for volumes of detail. -
Nine Lives of Neoliberalism
A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Plehwe, Dieter (Ed.); Slobodian, Quinn (Ed.); Mirowski, Philip (Ed.) Book — Published Version Nine Lives of Neoliberalism Provided in Cooperation with: WZB Berlin Social Science Center Suggested Citation: Plehwe, Dieter (Ed.); Slobodian, Quinn (Ed.); Mirowski, Philip (Ed.) (2020) : Nine Lives of Neoliberalism, ISBN 978-1-78873-255-0, Verso, London, New York, NY, https://www.versobooks.com/books/3075-nine-lives-of-neoliberalism This Version is available at: http://hdl.handle.net/10419/215796 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 -
JAMES E. RAUCH Curriculum Vitae CONTACT: ADDRESS: Jrauch
JAMES E. RAUCH Curriculum Vitae CONTACT: ADDRESS: [email protected] Department of Economics (858) 534-2405 University of California, San Diego econweb.ucsd.edu/~jrauch/ La Jolla, CA 92093-0508 UNDERGRADUATE STUDIES: Princeton University. BA, May 1980 GRADUATE STUDIES: Yale University. MA (Economics), May 1982; Ph.D. (Economics), December 1985 Thesis Title: The Dynamic Interaction of Foreign Trade, Technology, and Capital with Economic Development: Three Essays Thesis Committee: T.N. Srinivasan (Chairman), Jonathan Eaton, Kenneth Kletzer TEACHING AND RESEARCH: Primary Fields: International Trade, Economic Growth and Development, Entrepreneurship Secondary Fields: Urban Economics, Labor FELLOWSHIPS AND HONORS: Keynote Speaker, 22nd Annual Empirical Investigations in International Trade, Purdue University, 2015 Keynote Speaker, APJAE Symposium on Industrial Organization and Global Value Chains, City University of Hong Kong, 2013 Guggenheim Fellow, 2012 Fellow, CESifo Research Network, 2010 – Visiting Scholar, CESifo, September 2010 Speaker, the Nottingham Lectures in International Economics, February 2010 Visiting Scholar, International Monetary Fund, April 2008 National Science Foundation Economics Review Panelist, 2006-2008 Visiting Scholar, Institute of Financial Economics, American University of Beirut, January-June 2005 Visiting Independent Scholar, Russell Sage Foundation, New York, NY, 1995-1996 Visiting Scholar, Board of Governors, Federal Reserve System, Washington, D.C., June 1994 Four year tuition fellowship plus maximum stipend, Yale University, September 1980-May 1984 Distinction in oral examination, Yale University, May 1982 Graduated Summa Cum Laude, first runner-up prize for best undergraduate thesis, Princeton University, May 1980 BOOKS: The Economics of the Middle East: A Comparative Approach, New York: Oxford University Press, 2019. The Missing Links: Formation and Decay of Economic Networks (editor), New York: Russell Sage Foundation, 2007. -
Introduction to Political Economy Econ 119 / Poli 145 Fall 2012
Introduction to Political Economy Econ 119 / Poli 145 Fall 2012 M-W 10:05-11:20 a.m. Class: White Lecture Hall Prof. Michael Munger [email protected] Office: Perkins 338 cell phone (emergencies only!): 919 369 6453 Office Hours: • Immediately after class, in Trinity Cafe • Tuesday 1:30-3:00 pm in Perkins 338 Teaching Assistant: Anna Schultz email: [email protected] Overview: This course serves three distinct purposes. • The course is an introduction to economics for non-majors. It is a self-contained and non- technical overview of the history of economic thought, the logic of microeconomic analysis, and the definitions of everyday terms and concepts in the macro economy. Consequently, it counts as a stand-alone Social Science credit, but it does not count toward an Economics major. If you are thinking of an Economics major, this class is a waste of your time. Get the math prereq’s out of the way and then take Econ 51 instead. • It is an introduction to the history of the notion of a political economy, with an emphasis on the moral and ethical problems that markets solve, and also those that markets fail to solve. Consequently it carries an Ethical Inquiry (EI) course credit. • It is a bridge to more advanced courses in philosophy, politics, and economics for the student who wants to sample these disciplines without committing to several semesters of coursework. Prerequisites: There are no prerequisites except for high school mathematics. On the other hand, the reading and studying commitments involved in this course are extensive. -
1 Alessandra Casella
ALESSANDRA CASELLA December 2020 Education Massachusetts Institute of Technology, Cambridge, Ma, Ph.D in Economics, 1988. Thesis: "Hyperinflations". Universita' L. Bocconi, Milano, Laurea in Discipline Economiche e Sociali, March 1983 (summa cum laude). Thesis: "Tassi di Cambio Reali e Shocks di Offerta" (Real Exchange Rates and Supply Shocks). Professional Appointments Academic Columbia University, New York: Professor of Economics, 1997 – Professor of Political Science, 2017 – Associate Professor of Economics, 1993 ‐ 1997. Ecole des Hautes Etudes en Sciences Sociales, Paris, Directeur d’Etudes (temps partiel), 1996 ‐ 2010. University of California at Berkeley, Assistant Professor, 1987 – 1993. Others Columbia Experimental Laboratory for the Social Sciences, Director, 2012 ‐ National Bureau of Economic Research, Cambridge, MA: Research Associate, 1997 ‐ Faculty Research Fellow, 1988 – 1997. Center for Economic Policy Research, London, Research Fellow, 1988 – Society for the Advancement of Economic Theory, Economic Theory Fellow, 2019‐ AXA Research Fund, Scientific Board member, 2013 – 2016. National Science Foundation, Economics Panel member, 2004 ‐ 2006. Economic Policy, Panel member, 1994 and 1995. 1 Journals American Economic Review, Associate Editor, 2016 – Journal of Experimental Political Science, Editorial Board, 2013 ‐2017. Journal of Public Economic Theory, Associate Editor, 2004 – 2009. Journal of Economic Behavior and Organization, invited editor, special issue in honor of Alan Kirman, 2007, vol.64, 3 and 4. European Economic Review, invited editor, special issue on the domain of the state, 1996. Fellowships Alliance Visiting Professorship, Paris School of Economics (PSE), Spring 2020. Straus Institute Fellow, NYU Law School, 2012‐13. John Simon Guggenheim Fellow, 2006‐07. Institute for Advanced Study, Princeton, N.J., Member 2004‐05. Russell Sage Foundation, New York, N.Y., Fellow, 1997‐98. -
NBER WORKING PAPER SERIES RMBI OR RMBR: IS the RENMINBI DESTINED to BECOME a GLOBAL OR REGIONAL CURRENCY? Barry Eichengreen Dome
NBER WORKING PAPER SERIES RMBI OR RMBR: IS THE RENMINBI DESTINED TO BECOME A GLOBAL OR REGIONAL CURRENCY? Barry Eichengreen Domenico Lombardi Working Paper 21716 http://www.nber.org/papers/w21716 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 November 2015 The authors acknowledge CIGI for supporting this project and Coby Hu for excellent research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer- reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2015 by Barry Eichengreen and Domenico Lombardi. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. RMBI or RMBR: Is the Renminbi Destined to Become a Global or Regional Currency? Barry Eichengreen and Domenico Lombardi NBER Working Paper No. 21716 November 2015 JEL No. F0,F02 ABSTRACT Previous studies have focused on when the renminbi will play a significant role as an international currency, but less attention has been paid to where. We fill this gap by contrasting two answers to the question. One is that the renminbi will assume the role of a global currency similar to the U.S. dollar. Supporters point to China’s widely diversified trade and financial flows and to its institutional initiatives, not just in Asia but around the world.