The Economists' Voice

[allemand]

http://www.bepress.com/ev/

Brad DeLong: "Well, The Economists' Voice is now launched, with a small first issue. Now we get to begin the dynamic process of (a) finding a readership, (b) finding people who want to write, and (c) editing so that what appears on the website is *really* *good* and worth reading.

The Economists' Voice:

Editor: JOSEPH E. STIGLITZ, Columbia University

Co-Editors: BRADFORD DeLONG, University of California, Berkeley
AARON EDLIN, University of California, Berkeley

RECENT CONTRIBUTIONS:

Richard A. Posner, (September 18, 2004) Eldred and Fair Use

John Donohue, (September 18, 2004) Clinton and Bush's Report Cards on Crime Reduction: The Data Show Bush Policies Are Undermining Clinton Gains

Joseph Stiglitz, (September 15, 2004) The Parties' Flip-Flops on Deficit Spending: Economics or Politics?

J. Bradford DeLong, (September 15, 2004) Should We Still Support Untrammelled International Capital Mobility? Or are Capital Controls Less Evil than We Once Believed?"

More:
http://www.j-bradford-delong.net/movable_type/2004-2_archives/000213.html

[stevebreeze]

1. we need more good economic information

the American public for the most part hears only the corp economist's' point of view.
Thanks for the post!

[Warpy]

2. Great article listed there!

Fifteen years ago, I found it easy to be in favor of internationalcapital mobility — the free flow of investment financing from one country to another. Then, it was easy to preach for an end to the systems of controls on capital that This reasoning seemed compelling then.(snip)

Today, however, it is much harder for me to support untrammelled international capital mobility. I am no longer as sure that capital flows are efficient. Too many external costs associated with financial crises, and the fact that capital seems to want to flow not from, but to, where it is already abundant, make me fear that my standard economist’s model is simply not working. Worse yet, even if capital flows are efficient, it seems increasingly likelyhindered this flow.

http://www.bepress.com/cgi/viewcontent.cgi?article=1000&context=ev

Great article in (shudder) .pdf, but well worth the read. It's great to see some economists are finally starting to rethink the prevailing dogma spouted by both parties over the last 40+ years.

I guess the icy hand of offshoring is starting to touch economists, too, especially those who have spent their lives modeling hedge funds to make the unimaginably rich richer.