Curriculum Vitae Joseph E. Stiglitz
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Monica Prasad Northwestern University Department of Sociology
SPRING 2016 NEW YORK UNIVERSITY SCHOOL OF LAW COLLOQUIUM ON TAX POLICY AND PUBLIC FINANCE “The Popular Origins of Neoliberalism in the Reagan Tax Cut of 1981” Monica Prasad Northwestern University Department of Sociology May 3, 2016 Vanderbilt-208 Time: 4:00-5:50 pm Number 14 SCHEDULE FOR 2016 NYU TAX POLICY COLLOQUIUM (All sessions meet on Tuesdays from 4-5:50 pm in Vanderbilt 208, NYU Law School) 1. January 19 – Eric Talley, Columbia Law School. “Corporate Inversions and the unbundling of Regulatory Competition.” 2. January 26 – Michael Simkovic, Seton Hall Law School. “The Knowledge Tax.” 3. February 2 – Lucy Martin, University of North Carolina at Chapel Hill, Department of Political Science. “The Structure of American Income Tax Policy Preferences.” 4. February 9 – Donald Marron, Urban Institute. “Should Governments Tax Unhealthy Foods and Drinks?" 5. February 23 – Reuven S. Avi-Yonah, University of Michigan Law School. “Evaluating BEPS” 6. March 1 – Kevin Markle, University of Iowa Business School. “The Effect of Financial Constraints on Income Shifting by U.S. Multinationals.” 7. March 8 – Theodore P. Seto, Loyola Law School, Los Angeles. “Preference-Shifting and the Non-Falsifiability of Optimal Tax Theory.” 8. March 22 – James Kwak, University of Connecticut School of Law. “Reducing Inequality With a Retrospective Tax on Capital.” 9. March 29 – Miranda Stewart, The Australian National University. “Transnational Tax Law: Fiction or Reality, Future or Now?” 10. April 5 – Richard Prisinzano, U.S. Treasury Department, and Danny Yagan, University of California at Berkeley Economics Department, et al. “Business In The United States: Who Owns It And How Much Tax Do They Pay?” 11. -
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. -
Economic Development Internationalist of the Week
PAD6836 Lecture 8 University of North Florida Master of Public Administration program PAD 6836 Comparative public administration Economic development Internationalist of the week photo credit Manmohan Singh * Among other things, in our discussions of corruption we’ve noted that there is a difficult cycle to break out of in terms of governance: poor countries cannot afford to pay salaries that attract competent people into public service, and as a result of the corruption and inefficiency that results, citizens have little inclination to pay the taxes needed to attract and keep good people in public administration. George’s more or less random thoughts on development Progress! The general idea of economic development is to increase the productivity of society so that it produces more goods and services. Everyone wants it. Especially among left-wing critics, development (even ‘progress’) is often criticized as being materialistic, and/or a Western pathology acting as a siren’s song to lure traditional societies out of their Ruritanian idyls (I’m not sure if ‘idyl’ works with Ruritanian, but it sounds good – click for a discussion of Ruritania). This is probably not the case, for at least two reasons: 1. There isn’t much evidence to support this, among actually existing human societies (an exception). 2. Critics seem unable to understand that at lower levels of development, ‘more stuff’ means housing that protects one from the elements and vermin, health care, more efficient tools, etc. Preconditions. Causes of economic growth (drawing from Parkin 2005, with many modifications) Free markets – understood as relatively free, given what is possible in an imperfect world. -
Consequences of Government Deficits and Debt
Consequences of Government Deficits and Debt∗ Glenn Hubbard Columbia University and NBER Over many years, Ben Friedman’s economic research and writings in political economy frame economic analysis of— and moral consideration of—large government budget deficits and the need for fiscal consolidation in the United States. In his book The Moral Consequences of Economic Growth, Friedman emphasizes the salutary effects economic growth for openness and social cohesion. This essay emphasizes economic analysis of government budget deficits. The U.S. economy did not, in many respects, flounder after the budget deficits of the 1980s. Indeed, by the middle of the 1990s, the U.S. economy began a long-lasting expansion in productivity growth. While direct crowding out of private investment through higher real interest rates has, at least in the view of the empirical evidence reviewed in this essay, been modest, three concerns remain. The first is that cumulative increases in debt are now so large that even the small estimated effects identified here can lead to large increases in real interest rates. The second is that one atten- uation of effects of higher government debt levels on interest rates may trace to greater reliance on foreign saving, with an accompanying problem of imbalances. The third is that the present trajectory of government spending in the United States presents the very real possibility of higher tax burdens, reduc- ing capital formation, economic growth, and living standards. JEL Code: H6. ∗The author is Dean and Russell L. Carson Professor of Finance and Econom- ics, Columbia Business School; Professor of Economics, Columbia University; and Research Associate, National Bureau of Economic Research. -
Front Matter, the Formation and Stocks of Total Capital
This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research Volume Title: The Formation and Stocks of Total Capital Volume Author/Editor: John W. Kendrick Volume Publisher: NBER Volume ISBN: 0-87014-271-2 Volume URL: http://www.nber.org/books/kend76-1 Publication Date: 1976 Chapter Title: Front matter, The Formation and Stocks of Total Capital Chapter Author: John W. Kendrick Chapter URL: http://www.nber.org/chapters/c3803 Chapter pages in book: (p. -28 - 0) The Formation and Stocks of Total Capital John W. Kendrick THEGEORGE WASHINGTON UNiVERSITY Assisted by YvonneLethem and Jennifer Rowley NATIONALBUREAU OF ECONOMIC RESEARCH New York1976 DISTRIBUTED BY Columbia University Press New York and London Copyright © 1976 by the National Bureau of Economic Research, Inc. AUrightsreserved. Printed in the United States of America. Designed by Jeffrey M. Barrie Library of Congress Cataloging in Publication Data Kendrick, John W. The formation and stocks of total capital. (General series—National Bureau of Economic Research; no. 100) Bibliography: p. 241 Includes index. 1. Capital—United States.2.Capital productivity— United States.3.Saving and investment—United States. I.Lethem, Yvonne, joint author.II.Rowley, Jennifer, joint author.III.Title.IV.Series:National Bureau of Economic Research.General series; no. 100. HC11O.C3K452 332'.041 76-20790 ISBN 0-87014-271-2 The Formation and Stocks of Total Capital NATIONAL BUREAU OF ECONOMIC RESEARCH Number 100, General Series NATIONAL BUREAU OF ECONOMIC RESEARCH OFFICERS Arthur F. Bums, Honorary Chairman Robert E. Lipsey, Director, International and J. Wilson Newman, Chairman Financial Studies Moses Abramovitz, Vice Chairman Harvey J. -
Accidental Prime Minister
THE ACCIDENTAL PRIME MINISTER THE ACCIDENTAL PRIME MINISTER THE MAKING AND UNMAKING OF MANMOHAN SINGH SANJAYA BARU VIKING Published by the Penguin Group Penguin Books India Pvt. Ltd, 11 Community Centre, Panchsheel Park, New Delhi 110 017, India Penguin Group (USA) Inc., 375 Hudson Street, New York, New York 10014, USA Penguin Group (Canada), 90 Eglinton Avenue East, Suite 700, Toronto, Ontario, M4P 2Y3, Canada (a division of Pearson Penguin Canada Inc.) Penguin Books Ltd, 80 Strand, London WC2R 0RL, England Penguin Ireland, 25 St Stephen’s Green, Dublin 2, Ireland (a division of Penguin Books Ltd) Penguin Group (Australia), 707 Collins Street, Melbourne, Victoria 3008, Australia (a division of Pearson Australia Group Pty Ltd) Penguin Group (NZ), 67 Apollo Drive, Rosedale, Auckland 0632, New Zealand (a division of Pearson New Zealand Ltd) Penguin Group (South Africa) (Pty) Ltd, Block D, Rosebank Offi ce Park, 181 Jan Smuts Avenue, Parktown North, Johannesburg 2193, South Africa Penguin Books Ltd, Registered Offi ces: 80 Strand, London WC2R 0RL, England First published in Viking by Penguin Books India 2014 Copyright © Sanjaya Baru 2014 All rights reserved 10 9 8 7 6 5 4 3 2 1 The views and opinions expressed in this book are the author’s own and the facts are as reported by him which have been verifi ed to the extent possible, and the publishers are not in any way liable for the same. ISBN 9780670086740 Typeset in Bembo by R. Ajith Kumar, New Delhi Printed at Thomson Press India Ltd, New Delhi This book is sold subject to the condition that -
Sydney Peace Foundation Annual Report 2011
Annual Report 2011 Professor Noam Chomsky, 2011 Sydney Peace Prize Recipient Contents 2 Message from the Governer 3 Letter from the Lord Mayor of Sydney 4 Sydney Peace Foundation Profile 5 Commitee Members and Staff 6 Chair’s Report 9 Director’s Report 14 Sydney Peace Prize 16 Images of 2011 20 Youth Peace Initiative Report 22 2011 Sydney Peace Foundation Donors 23 Financial Report 2011 ANNUAL REPORT | 1 2 | THE SYDNEY PEACE FOUNDATION 2011 ANNUAL REPORT | 3 Peace with justice is a way of thinking and acting which promotes non-violent solutions to everyday problems and provides the foundations of a civil society. The Foundation Why is Peace with Justice • awards the Sydney Peace Prize Important? • develops corporate sector and community • it provides for the security of children understanding of the value of peace with justice • it envisages an end to the violence of poverty • supports the work of the Centre for Peace and • it paints a vision of individual and community Conflict Studies fulfilment through the creation of rewarding • Encourages and recognises significant opportunities in education and employment contributions to peace by young people through The Sydney Peace Foundation is a privately the Youth Peace Initiative endowed Foundation established in 1998 within the University of Sydney Post-graduate students at the Centre for Peace and Conflict Studies who were indispensable in the running of the 2011 Sydney Peace Prize Gala Dinner. 4 | THE SYDNEY PEACE FOUNDATION The Sydney Peace Foundation Commitee Members Chair Foundation Council Advisory Committee Ex Officio members Ms Beth Jackson Mr Alan Cameron AM Vice Chancellor Dr Michael Ms Penny Amberg Spence Director The Hon. -
POLICY and PRAXIS D. Bennett
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by University of Saskatchewan's Research Archive POLICY AND PRAXIS: AN ANTHROPOLOGICAL ANALYSIS OF HIV AND AIDS IN PAPUA NEW GUINEA A Thesis Submitted to the College of Graduate and Postdoctoral Studies In Partial Fulfillment of the Requirements For the Master of Arts In the Department of Archaeology and Anthropology University of Saskatchewan Saskatoon, Saskatchewan, Canada By David Bennett © Copyright D.M.J. Bennett, April, 2019. All rights reserved. PERMISSION TO USE In presenting this thesis in partial fulfillment of the requirements for a Postgraduate degree from the University of Saskatchewan, I agree that the Libraries of this University may make it freely available for inspection. I further agree that permission for copying of this thesis/dissertation in any manner, in whole or in part, for scholarly purposes may be granted by the professor or professors who supervised my thesis work or, in their absence, by the Head of the Department or the Dean of the College in which my thesis work was done. It is understood that any copying or publication or use of this thesis or parts thereof for financial gain shall not be allowed without my written permission. It is also understood that due recognition shall be given to me and to the University of Saskatchewan in any scholarly use which may be made of any material in my thesis. Requests for permission to copy or to make other uses of materials in this thesis in whole or part should be addressed to: Head of the Department of Archaeology and Anthropology University of Saskatchewan 55 Campus Drive Saskatoon, Saskatchewan, S7N 5B1 Canada Or Dean College of Graduate and Postdoctoral Studies University of Saskatchewan 116 Thorvaldson Building 110 Science Place Saskatoon, Saskatchewan, S7N 5A2 Canada !i ABSTRACT The South Pacific nation of Papua New Guinea (PNG) is in the midst of a generalized HIV epidemic with an adult prevalence rate higher than one percent. -
Econ Journal Watch 11(2), May 2014
Econ Journal Watch Scholarly Comments on Academic Economics Volume 11, Issue 2, May 2014 ECONOMICS IN PRACTICE SYMPOSIUM DOES ECONOMICS NEED AN INFUSION OF RELIGIOUS OR QUASI- RELIGIOUS FORMULATIONS? Does Economics Need an Infusion of Religious or Quasi-Religious Formulations? A Symposium Prologue Daniel B. Klein 97-105 Where Do Economists of Faith Hang Out? Their Journals and Associations, plus Luminaries Among Them Robin Klay 106-119 From an Individual to a Person: What Economics Can Learn from Theology About Human Beings Pavel Chalupníček 120-126 Joyful Economics Victor V. Claar 127-135 Where There Is No Vision, Economists Will Perish Charles M. A. Clark 136-143 Economics Is Not All of Life Ross B. Emmett 144-152 Philosophy, Not Theology, Is the Key for Economics: A Catholic Perspective Daniel K. Finn 153-159 Moving from the Empirically Testable to the Merely Plausible: How Religion and Moral Philosophy Can Broaden Economics David George 160-165 Notes of an Atheist on Economics and Religion Jayati Ghosh 166-169 Entrepreneurship and Islam: An Overview M. Kabir Hassan and William J. Hippler, III 170-178 On the Relationship Between Finite and Infinite Goods, Or: How to Avoid Flattening Mary Hirschfeld 179-185 The Starry Heavens Above and the Moral Law Within: On the Flatness of Economics Abbas Mirakhor 186-193 On the Usefulness of a Flat Economics to the World of Faith Andrew P. Morriss 194-201 What Has Jerusalem to Do with Chicago (or Cambridge)? Why Economics Needs an Infusion of Religious Formulations Edd Noell 202-209 Maximization Is Fine—But Based on What Assumptions? Eric B. -
Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*
MONETARY POLICY RULES AND MACROECONOMIC STABILITY: EVIDENCE AND SOME THEORY* RICHARD CLARIDA JORDI GALI´ MARK GERTLER We estimate a forward-looking monetary policy reaction function for the postwar United States economy, before and after Volcker’s appointment as Fed Chairman in 1979. Our results point to substantial differences in the estimated rule across periods. In particular, interest rate policy in the Volcker-Greenspan period appears to have been much more sensitive to changes in expected ination than in the pre-Volcker period. We then compare some of the implications of the estimated rules for the equilibrium properties of ination and output, using a simple macroeconomic model, and show that the Volcker-Greenspan rule is stabilizing. I. INTRODUCTION From the late 1960s through the early 1980s, the United States economy experienced high and volatile ination along with several severe recessions. Since the early 1980s, however, ina- tion has remained steadily low, while output growth has been relatively stable. Many economists cite supply shocks—and oil price shocks, in particular—as the main force underlying the instability of the earlier period. It is unlikely, however, that supply shocks alone could account for the observed differences between the two eras. For example, while jumps in the price of oil might help explain transitory periods of sharp increases in the general price level, it is not clear how they alone could explain persistent high ination in the absence of an accommodating monetary policy.1 Furthermore, as De Long {1997} argues, the onset of sustained high ination occurred prior to the oil crisis episodes. * We thank seminar participants at Universitat Pompeu Fabra, New York University, the Board of Governors of the Federal Reserve System, University of Maryland, NBER Summer Institute, Universite´ de Toulouse, Bank of Spain, Harvard University, Bank of Mexico, Universitat de Girona, and the Federal Reserve Banks of Atlanta, New York, Richmond, Dallas, and Philadelphia, as well as two anonymous referees and two editors for useful comments. -
Nobel Memoir
Memoir JOSEPH E. STIGLITZ I was born in Gary, Indiana, at the time, a major steel town on the southern shores of Lake Michigan, on February 9, 1943. Both of my parents were born within six miles of Gary, early in the century, and continued to live in the area until 1997. I sometimes thought that my perignations made up for their stability. There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson, was also from Gary, as were several other distinguished economists. (Paul allegedly once wrote a letter of recommendation for me which summarized my accomplishments by saying that I was the best economist from Gary, Indiana.) Certainly, the poverty, the discrimination, the episodic unemployment could not but strike an inquiring youngster: why did these exist, and what could we do about them. I grew up in a family in which political issues were often discussed, and debated intensely. My mother’s family were New Deal Democrats—they worshipped FDR; and though my uncle was a highly successful lawyer and real estate entrepreneur, he was staunchly pro-labor. My father, on the other hand, was probably more aptly described as a Jeffersonian democrat; a small businessman (an independent insurance agent) himself, he repeatedly spoke of the virtues of self-employment, of being one’s own boss, of self-reliance. He worried about big business, and valued our competition laws. I saw him, conservative by nature, buffeted by the marked changes in American society during the near-century of his life, and adapt to these changes. -
<< Half-Title Page>>
Reforming the Tax System for the 21st Century The Mirrlees Review www.ifs.org.uk/mirrleesreview The Review will be published online and by OUP in two volumes. The first, Tax by Design, sets out the conclusions of the Review. The second, Dimensions of Tax Design, consists of a set of commissioned chapters dealing with different aspects of the tax system. Chair Sir James Mirrlees Editorial Team Stuart Adam, Tim Besley, Richard Blundell, Stephen Bond, Robert Chote, Malcolm Gammie, Paul Johnson, Gareth Myles and Jim Poterba Volume I: Tax by Design The first volume, written by the editorial team, presents a coherent approach to tax reform. Its aim is to identify the characteristics of a good tax system for any open developed economy. It will also assess the extent to which the UK tax system conforms to these ideals and recommend how it might realistically be reformed in that direction. Drawing on the expert evidence from the commissioned chapters and commentaries in Volume II, it provides an integrated view of tax reform. Contents 1. Introductory chapter 2. The system as a whole and reform 3. Savings and Assets (to include pensions but not housing) 4. Gifts and Inheritance 5. Rates 6. Sin Taxes 7. VAT 8. Environment 9. Housing, property and Land 10. Companies 11. Institutions 12. Concluding chapter Volume II: Dimensions of Tax Design The second volume consists of a set of thirteen commissioned studies which draw on the latest thinking in each area. It brings together a high-profile group of international experts and younger researchers to assess the dimensions of tax design in a number of key areas for the Review.