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Timely opinions on economic policy (by admin)
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Prospects for International Monetary Reform* | John Williamson
https://johnwilliamsonblogs.wordpress.com/2015/02/03/prospects-for-international-monetary-reform
Timely opinions on economic policy. Thoughts on Social Welfare Functions. Taxation of Multinationals →. Prospects for International Monetary Reform*. February 3, 2015. As I see it, international monetary reform has two essential elements. The G20 has adopted the nihilistic policy of forbidding thought on where the exchange rate ought to be, which foregoes the benefits of government influence entirely. The Palais Royal. Routledge, 2015). Allowing countries to pick their own targets, but limiting the t...
Thoughts on Social Welfare Functions | John Williamson
https://johnwilliamsonblogs.wordpress.com/2014/12/23/thoughts-social-welfare
Timely opinions on economic policy. Prospects for International Monetary Reform* →. Thoughts on Social Welfare Functions. December 23, 2014. The way that most economists visualize the objective function of economic policy is in terms of the maximization of a social welfare function. This is a mathematical expression that summarizes the weight which society places on the preferences expressed by each member of society. A typical social welfare function today would be:. There is no such reassurance for ani...
Raise Taxes to Cure the Recession | John Williamson
https://johnwilliamsonblogs.wordpress.com/2014/07/20/raise-taxes-to-cure-the-recession-2
Timely opinions on economic policy. Should One Worry about the Prospect of Deflation? If Development Succeeds →. Raise Taxes to Cure the Recession. July 20, 2014. What is new, at least to me, is an additional short-term case. This arises from an argument persuasively advanced by Andrew Smithers [1]. Where do such conflicts arise? How about using the tax system? The only persons who earn in that range are those with large assets and company CEOs on bonuses; the former do not need incentivizing and for the...
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Timely opinions on economic policy. Newer posts →. The Future of Manufacturing in Brazil: Deindustrialization in Debate [REVIEW]. October 26, 2013. The Future of Manufacturing in Brazil: Deindustrialization in Debate. By Edmar Bacha and Monica Baumgarten de Bolle. Review co-authored by John Williamson and Roberto Zagha [1]. Is it, as Fishlow suggests, that God is Brazilian? Are the relevant comparators, as indicated in several of the papers, Australia, Canada, and Norway? The third paper in this part is ...
admin | John Williamson
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Timely opinions on economic policy. Ebenstein’s “Chicagonomics: The Evolution of Chicago Market Economics [Book Review]. December 24, 2015. Review of Lanny Ebenstein’s Chicagonomics: The Evolution of Chicago Market Economics , New York: St. Martin’s Press, 2015. This book tells the story of the University of Chicago’s economists, from the university’s founding in 1891 with a large grant from John … Continue reading →. October 16, 2015. Prospects for International Monetary Reform*. February 3, 2015. The w...
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John Williamson | Timely opinions on economic policy
Timely opinions on economic policy. Prospects for International Monetary Reform*. February 3, 2015. As I see it, international monetary reform has two essential elements. The G20 has adopted the nihilistic policy of forbidding thought on where the exchange rate ought to be, which foregoes the benefits of government influence entirely. The Palais Royal. Routledge, 2015). Allowing countries to pick their own targets, but limiting the targets countries are entitled to aim for within the range of /- 3% o...
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