This Edition: July - September 2002
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General Interest | On Colombia | Notes | Reviews | Previous Opinion Files



 

“Análisis Económico de los Conflictos Internos”
A review essay on the economic theory of internal conflicts.
Document Prepared for the "Fundacion Ideas para la Paz" www.ideaspaz.org.
by Jorge Restrepo
Read abstract
| Download Full Paper (pdf file 364k)



“En la Educación, lo clave son la administración y los incentivos”
A nice essay supported by a paper recently published by the "Centro de Estudios sobre Desarrollo Economico (CEDE)" of the Universidad de los Andes, full of policy implications for our educational system.
by Jairo Nuñez
Read abstract
| Download Full Paper (pdf file 31k)

  read more: ¿Cuáles Colegios Ofrecen Mejor Educación en Colombia? By Jairo Nuñez, Roberto Steiner, Ximena Cadena y Renata Pardo. Documento CEDE 2002-03. Abril de 2002.



“Dolarizar, Flotar, Callar”

by Leopoldo Fergusson and Juan Fernando Vargas
Read abstract
| Download Full Paper (pdf file 136k)




 
  Economic Vision  

El Futuro está en Juego: ¿Liberalismo Economico o Social Democracia?
Power Point Presentation delivered in February 2002
by Alberto Carrasquilla.
Download Power Point Presentation

The Fraser Institute
Which based on 21 variables, ranks 123 countries according to their degree of economic freedom.



  Globalization  

“The Truth about Globalization”
Published in The Public Interest (Spring 2002).
Taylor has written a balanced analysis about globalization, starting by definning correctly what it means, and not the very vague and actually, narrow minded “catch-all term for capitalism and injustice”. Down to earth and serious economics for a general audience. This is an excellent essay (truth globalization).
by Timothy Taylor

See also:

Jagdish Bhagwatti writings on Trade and Development in The Economist



  New Economy  

Linux and Economics and the Economics of Linux
by Franz Hamman

“Linux and Economics and the economics of Linux: Part II”
by Franz Hamman



  “The real state of the world: enviormental degradation and human development”.  

THE SKEPTICAL ENVIRONMENTALIST

Measuring the Real State of the World by Bjørn Lomborg a Review Essay By Luisa Estefanía Daniela Valdés V.


  read more: The other side of the debate in Scientific American January Issue: Misleading Math about the Earth: Science defends itself against The Skeptical Enviormentalist.

  read more: Lomborg´s reply: Download article (pdf format.

  read more: SURVEY: THE GLOBAL ENVIRONMENT. THE ECONOMIST, July 4th, 2002. This survey analyses different environmental issues: Such as the apparent incompatibility about economics and ecology based on the controversial concept of “sustainable development”. There is also an article about the lack of reliable world-wide environmental databases, which could be used to assess the real state of the world. “Blowing hot and cold” is a presentation about global warming in order to promote global policies that help solve this problem now, even if the causes and consequences of the climate change aren’t clear yet. Later, THE ECONOMIST assesses the relationship between poverty, economic growth and environment. It is interesting to see how economics can actually help the environment with economical or cost benefit analysis, or market policies such as taxes, subsidies and the so-called "green markets".

  read more: "The Real State of the World": The litany and the heretic", THE ECONOMIST, Feb. 2nd 2002. This article explores the reasons why "The Real State of the Wold" has created such a controversy, considering both its weaknesses and its strengths. It considers again the main environmental fears, comparing “The Litany” against “The Real State of the World”.

  read more: "Defending science" THE ECONOMIST, Feb. 2nd 2002. Similar to the article reviewed above, it reviews the book written by Lomborg and the controversy it has created.

  read more: "Never the twain shall meet" THE ECONOMIST, Feb. 2nd 2002. This is an assessment of the divergent points of view and analysis methods of economics and environmental sciences.

  read more: "Economic man, cleaner planet"; THE ECONOMIST, Sept. 29th 2001. Similar to the article in the survey reviewed above, this is a presentation of how economic policies and market forces can help the environment. It considers the flaws of the past environmental policies (command-and control) and proposes new ones like tradable permit schemes, green taxes and charges, reduction of certain anti-environmental subsidies and the facilitation of the creation of green markets. It finally reviews why this kind of policies might be subject of debate.





 

For the most part, public opinion in our country is academically poor and heavy in ideology. Laziness covered with radical writing. See Antonio_Caballero_y_las_Ciencias by Salomon Kalmanovitz.





 

“Aquí lo necesario puede ser lo imposible”

By Alejandro Gaviria
Download Full Paper (pdf file 8k)





 
Articles

Revolution and Evolution in Twentieth - Century Macroeconomics.

Short and iluminating history of Macroeconomic Theory.
By: Michael Woodford

George A. Akerlof:, A. Michael Spence, Joseph E. Stiglitz :
The 2001 Laureates in Economic Sciences have been awarded to the developers of the Theory of Assymetric Information and it's implications for economics
Read a good summary of their contribution:
Markets with Asymmetric Information

Charles Murray.
IQ and Economic Success
Murray describes "an emerging class society in which the intellectually blessed become ever more rich and powerful and the intellectually deficient find it harder to cope". Th aeuthor "propose that this new form of class division is substantially (though by no means completely) independent of one's socio-economic background". Taken from: The Public Interest

Books

Thomas Nagel
The Last Word
Oxford University Press, 1997.
Review by Michele Boldrin
The book is a fine and clear defense of rationalism and realism in science. A side from introduction, the first four chapters (Why We Can't Understand Thought from the Outside, Language, Logic, and Science) are excellent, convincing, and highly coherent. In the last two chapters, Ethics and Evolutionary Naturalism and the Fear of Religion, he somehow manages to vindicate the views of some of those people he so convincingly dismantles in the earlier part of the book. He shows, in other words, that he has "an agenda" which, while covered by some form of rigorous and coherent Kantian. I know he did not mean it to be used in this way but still... I like the way in which the concept is expressed here.

"Still, the supposition that there are no objective values seems intelligible in a way that the supposition that there are no facts of any kind is not -- and it seems to be one possible respect in which one might, however mistakenly, come to regard oneself as a mere biological product". Page 142.

Jared Diamond:
Guns, Germs and Steel: the fates of human societies.

Review by Alvaro Riascos
A history of human societies, why Western Civilization came to be what it is, why Pizarro beat Ataualpha and not the other way round, the role of the natural environment, geography and technology in human history. A non-racist theory of human societies. This is a wonderful book.




 



 



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