Variations in Economic Analysis

by Aronson, J. Richard; Parmet, Harriet L.; Thornton, Robert J.

• ISBN13: 9781441911810
• ISBN10: 1441911812
• Format: Hardcover
• Copyright: 2010-12-30
• Publisher: Springer Verlag

Summary

For over fifty years, Eli Schwartz has inspired generations of economists through his prolific publications and dedicated in teaching. In 2008, the Martindale Center for the Study of Private Enterprise at Lehigh University invited prominent academics and practitioners—including Nobel Prize recipients, Robert Solow and Harry Markowitz, and former Chairman of the Economic Advisers to Ronald Reagan, Murray Weidenbaum—to contribute pieces that reflect their own approaches to issues that Schwartz has explored over the long span of his career. The twelve original essays cover a range of topics, including tax reform, corporate finance, fiscal policy, banking, economic growth, and globalization, representing a variety of methodologies, including economic theory, econometrics, and case analysis. The collection emphasizes the underlying connections among seemingly disparate facets of economic activity, and underscores the tremendous influence of Schwartz on economic analysis, policy, and leadership today.

Table of Contents

Introduction	p. 1
My Favorite Two Corporate Finance Puzzles	p. 5
The Solvency of Federal Welfare Entitlement Programs: Social Security and Medicare	p. 13
The Corporate Sector as a Net Exporter of Funds: Additional Evidence	p. 31
Piscal Folicy 101-Economic Policy Meets Partisan Politics	p. 51
A Taxonomy of Utility Functions	p. 61
Equilibrium and Disequilibrium Growth: a Comment on a Comment	p. 71
Reputational Risk and Conflicts of Interest in Banking and Finance: The Evidence So Far	p. 75
Seeking Common Ground on Globalization	p. 99
Tax Reform Then and Now	p. 109
Joseph A. Schumpeter: Not Guilty of Plagiarism but of "Infelicities of Attribution"	p. 115
Economics and the Tanakh-the Hebrew Bible	p. 127
Muted Signals in Academe: Letters of Recommendation and Grade Inflations	p. 139
A Biography of Eli schwartz	p. 153
Contributors	p. 157
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