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Excerpt from introduction: This paper investigates two important consequences of the present military draft system. They are distributive effects-the impact on the distribution of real output, and allocative costs - the impact on the size of that output. The distributive effects result from the...
Persistent link: https://www.econbiz.de/10014181577
Professional baseball and football each has its Hall of Fame. Most Valuable Player awards are announced in a growing number of sports, as well as by individual teams. There are Coach of the Year awards, Manager of the Year awards; there is even a Horse of the Year award. Why do economics and...
Persistent link: https://www.econbiz.de/10014181729
Economists and public policy-makers alike have long been concerned with the relative and absolute economic welfare of various segments of the population. This interest reflects an underlying concern both about the equity of the existing distribution and about our ability to explainand forecast...
Persistent link: https://www.econbiz.de/10013124321
Asian development in the 1970's is likely to take place under conditions quite different from those typical of the past two decades. These changing conditions will have an important influence on the research focus relating to growth and development. This paper ex- amines two such changes. First,...
Persistent link: https://www.econbiz.de/10009475600
America's adult population is economically illiterate. College economics instruction must shoulder some of the blame for this situation. Forty percent of all college graduates take an economics course. Over 95 percent of principles of economics students do not continue on to major in economics,...
Persistent link: https://www.econbiz.de/10005595935
In what ways, if any, does the behavior of government and nonprofit organizations differ? This article examines evidence from two industries–nursing homes and mentally handicapped facilities–to determine whether government and nonprofit organization behavior differs in identifiable...
Persistent link: https://www.econbiz.de/10009475722
Weisbrod examines the causes and consequences of medical research and suggests an appropriate role for it in the larger social system.
Persistent link: https://www.econbiz.de/10010949326
Excerpt from introduction: Our earlier study sought to assess the quantitative impact of parasitic diseases on various measures of labor productivity.' The current study extends the previous analyses by examining the hypothesis that productivity is affected with a time lag that reflects the...
Persistent link: https://www.econbiz.de/10014181576
Excerpt from introduction: Our object in this paper is both to advance the understanding of the quantitative impact of parasitic diseases on output and to improve on the theoretical framework within which such estimates are made for any disease and in any region. While the study examines the...
Persistent link: https://www.econbiz.de/10014181578
When the government institutes a program thought to be useful for society as a whole, such as building a highway or controlling air pollution, those that benefit from such programs are usually quite different from those that bear its costs. Sometimes the government responds by postponing or...
Persistent link: https://www.econbiz.de/10014181579