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Let’s talk economic policy…

Recently, Professor Ian Sheldon spoke with three eminent economists about some key economic issues of the day, including the views of Professor Robert Hall of Stanford University on the current slow recovery of the US economy; University of Queensland Professor John Quiggin’s thoughts on climate change and policy; and World Bank economist Dr Martin Ravallion’s recent findings on poverty and economic growth.

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The disconnect between democracy and Republicanism

By Elvin Lim It should now be clear to all that the highly polarized environment that is Washington is dysfunctional, and the disillusionment it is causing portends yet more headlocks and cynicism to come. Here is the all-too-familiar cycle of American electoral politics in the last few decades. Campaign gurus draw sharp distinctions to get […]

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No fooling with the republic

The “need for public servants who can negotiate . . . moral minefields with wisdom and integrity is more urgent than ever,” says Mary Ann Glendon, author of the new book The Forum and the Tower: How Scholars and Politicians Have Imagined the World, from Plato to Eleanor Roosevelt. “It is hard to resist,” she continues, “the conclusion of the classical philosophers that no polity can afford to neglect the nurture and education of future citizens and statespersons.”

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Austerity: we are not all in it together

By Michael Kitson, Ron Martin, and Peter Tyler
Europe has a Greek tragedy; the US is grappling with a Tea Party; and in the UK we have the economic consequences of austerity. The focus is budget deficits, public expenditure cuts and being ‘all in it together’. But, of course, we are not all in it together. The impact of austerity is very unequal: the whole mess was started by the financial sector driven by avarice and hiding behind the convenient veil of ‘free markets’; but the burden is being felt by the poor, the unemployed and the destitute. And the inequality is being felt in different parts of the UK, Europe and the USA.

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Egypt’s President Sadat addresses Israeli Knesset

This Day in World History
On November 20, 1977, Egyptian President Anwar al-Sadat made an historic speech before Israel’s Knesset, or Parliament, becoming the first leader of an Arab nation to speak there. He was also the first of Israel’s Arab neighbors to publicly say anything like these words: “Today I tell you, and I declare it to the whole world, that we accept to live with you in permanent peace based on justice.”

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Memo from Manhattan: Occupying Wall Street—and Fifth Avenue

By Sharon Zukin
Until the early morning of November 15, a few hundred Occupy Wall Street protesters spent the chilly nights of a glorious autumn camping out in Lower Manhattan’s Zuccotti Park. Despite Mayor Michael Bloomberg’s disapproval with their politics and under the New York City Police Department’s anxious eye, the occupiers captured public attention in a remarkably peaceful way. Regrouping for the winter, they will take stock of what they have achieved so far and the work that remains.

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Your good = my bad: When helping hurts

By Barbara Oakley
Pathological altruism is, in a great sense, the study of the onramps to the well-intentioned road to hell. That is, it is the study of truly well-meaning behavior that worsens instead of improves a situation, or creates more problems than it solves. Does the concept of pathological altruism then provide a license to steal—as long as it was done for a good cause? Not so fast.

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His Eminence of Los Angeles

The American Catholic Church of today is a product of many dramatic transformations, especially those that took place in the 1960s. Here is an excerpt from The American Catholic Revolution: How the Sixties Changed the Church Forever where Mark S. Massa recounts some of the practices Archbishop James Francis McIntyre instituted in Los Angeles.

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Why Republicans can’t find their candidate

By Elvin Lim
Mitt Romney must be the happiest Republican in the world. His political rivals for the Republican presidential nomination, Herman Cain and Rick Perry, seem to be trying to out-do the other in terms of whose campaign can implode faster.

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Keeping nonviolent resistance real

Our world is filled with conflicts. They often cause us grave problems. However, conflicts themselves are not the real problem. Conflicts are often positive and a given conflict can have meritorious purposes. Problems arise principally from the means by which conflicts are often waged: through violence.

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Work in the home and the market

By Alexander M. Gelber
When tax incentives draw single women into the labour force, what activities do they sacrifice? Do they spend less time enjoying leisure? Do they cut back on household chores? Do they give up time with their children?

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Working women

By Sarah Damaske
October was National Work-Family Month and, while we have a ways to go to making work-family balance a reality for all, I also think that we have a lot to celebrate. Women’s portion of the labor force hit an all-time high in the last decade and it remains at historically high levels today. And women’s employment has helped to bolster families in these hard economic times.

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From Murdoch to Trollope: a familiar intrigue

By John Bowen
The Murdoch ‘phone-hacking’ affair, being investigated today by a House of Commons select committee, seems the most contemporary of stories, chock-full of hacked mobile phones, high-tech surveillance equipment and secret video-recordings. But although the technology might have changed, it is a world that would have been only too familiar to nineteenth-century author Anthony Trollope. He was as fascinated as we are by what lies behind the public face of politics: the personal passions, rivalries and love affairs, the ins and outs of office, the spectacular rises and equally rapid falls.

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Refuting Sunstein

Ideological Segregation in Various Media Channels

Democracy is most effective when citizens have accurate beliefs (Downs 1957; Becker 1958). To form such beliefs, individuals must encounter information that will sometimes contradict their preexisting views. Guaranteeing exposure to information from diverse viewpoints has been a central goal of media policy in the United States and around the world (Gentzkow and Shapiro 2008). New technologies such as the Internet could either increase or decrease the likelihood that consumers are exposed to diverse news and opinion.

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The Buffett Rule debate: A guide for the perplexed

By Edward Zelinsky
Although he had said it before, Warren Buffett struck a nerve with his most recent observation that his effective federal tax rate is lower than or equal to the effective federal tax rates of the other employees who work at Berkshire Hathaway’s Omaha office. Mr. Buffett’s observations have provoked extensive comments both from those supporting his position (e.g., President Obama) and those critical (e.g., the editorial writers of the Wall Street Journal). In response to Mr. Buffett’s remarks, President Obama has promulgated what he calls “the Buffett Rule,” namely, that those making

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