Philippe Aghion, Eve Caroli, Luis Garicano, Christos Genakos, Claire Lelarge, Ralf Martin, Raffaella Sadun and Fabrizio Zilibotti. We would like to thank Orley Ashenfelter, Oriana Bandiera, Alex Bryson, David Card, Edward Lazear, Paul Oyer, John Roberts, Kathy Shaw and participants in conferences in Berkeley and the LSE for helpful comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. © 2010 by Nicholas
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Postwar Prosperity in Historical Perspective and The German Predicament: Memory and Power in the New Europe (with Andrei S. Markovits) both published by Cornell University Press. His most recent coauthored book is The Myth of the Global Corporation (Princeton University Press, 1998). Reich has also published many book chapters and articles in journals such as International Organization, International Interactions, The Review of International Political Economy, and German Politics and Society. He has received
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Drug Abuse and its Effects Introduction Drug abuse is a malaise that the U.S. has been fighting since a long time and still has a long way to go, whether it is the youth or the elderly, people from all age groups, all ethnicities and races, all regions and religions, seems to be afflicted with the enigma that is drug abuse. Internationally, over 200 million people chomp through some type of illicit drugs. From ordinary bhaang, Cannabis, opium to artificial “designer” drugs like ecstasy or MDMA
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REVISTA DE SOCIOLOGÍA, Nº 28 (2013) pp. 31-49 Elites, political elites and social change in modern societies1 Luis Garrido Vergara* Resumen Los estudios académicos acerca de las élites políticas poseen una vibrante historia reciente. El objetivo aquí es proveer un resumen selectivo de esa historia, enfocándose en la importancia de la distinción social y en las teorías de la estructura de poder como el marco teórico para comprender la influencia de las élites políticas en el cambio social. Dado que
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A Criticism of Neoliberal Policies as a Method of Development * Neoliberalism is a philosophical theory that uses market value as the primary method of evaluating all aspects of life. Thus, the market is seen as the template for all other activities within a society, even those that involve an ethical dimension. (Paul Sukys, 2009) Thesis Statement: The pro-market principles that neoliberalism encourages do have benefits that, if managed realistically, are means of development and sustainment
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Authority, Incentives and Performance: Theory and Evidence from a Chinese Newspaper Yanhui Wu London School of Economics Job Market Paper February 2011 Abstract Authority de…nes the formal structure of an organization, and is essential for the allocation of resources inside the …rm. This paper develops a theory of authority in a multiple layer hierarchy, in which the distribution of authority alleviates incentive incompatibilities. To examine the theory, I collect monthly personnel data from
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Social Compass http://scp.sagepub.com/ Theories of Conversion: Understanding and Interpreting Religious Change Lewis R. RAMBO Social Compass 1999 46: 259 DOI: 10.1177/003776899046003003 The online version of this article can be found at: http://scp.sagepub.com/content/46/3/259 Published by: http://www.sagepublications.com On behalf of: Association for Assessment in Counseling and Education Additional services and information for Social Compass can be found at: Email Alerts: http://scp
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The Globalization of International Financial Markets: What Can History Teach Us?* Michael D. Bordo Rutgers University and NBER Paper prepared for the conference “International Financial Markets: The Challenge of Globalization.” March 31, 2000. Texas A and M University, College Station Texas. * For valuable research assistance, I thank Antu Murshid. 1. Introduction Globalization has become the buzz word of the new millennium. It is viewed as the cause of many of the world’s problems as well
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Monetary Policy in the United States: A Brave New World? Stephen D. Williamson This article is a reflection on monetary policy in the United States during Ben Bernanke’s two terms as Chairman of the Federal Open Market Committee, from 2006 to 2014. Inflation targeting, policy during the financial crisis, and post-crisis monetary policy (forward guidance and quantitative easing) are discussed and evaluated. (JEL E52, N12) Federal Reserve Bank of St. Louis Review, Second Quarter 2014, 96(2), pp
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good economic institutions. However, it is clear that it is the political nature of an institutional equilibrium that makes it very difficult to reform economic institutions. We illustrate this with a series of pitfalls of institutional reforms. Our analysis reveals challenges for those who would wish to solve the problem of development and poverty. That such challenges exist is hardly surprising and we believe that the main reason for such challenges is the forces we have outlined in this paper. Better
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