Naked Economics (43 page)

17.
Jerry L. Jordan, “How to Keep Growing ‘New Economies,’”
Economic Commentary,
Federal Reserve Bank of Cleveland, August 15, 2000.

CHAPTER 5. ECONOMICS OF INFORMATION

1.
Gary Becker,
The Economics of Discrimination
(Chicago: University of Chicago Press, 1971).

2.
Harry Holzer, Steven Raphael, and Michael Stoll, “Perceived Criminality, Criminal Background Checks, and the Racial Hiring Practices of Employers,”
Journal of Law and Economics,
vol. XLIX (October 2006).

3.
David Leonhardt, “In Health Reform, a Cancer Offers an Acid Test,”
New York Times,
July 8, 2009.

4.
“Testing Times,”
The Economist,
October 19, 2000.

5.
“Outsourcing: Separate and Lift,”
The Economist,
September 20, 1997.

6.
Geoffrey A. Fowler, “Kind of Blue: In Asia, Elite Offices Show Off with Icy Temperatures,”
Wall Street Journal,
August 24, 2005.

7.
Alan B. Krueger, “Children Smart Enough to Get into Elite Schools May Not Need to Bother,”
New York Times,
April 27, 2000, p. C2.

8.
All of the racial profiling examples come from a provocative article on the subject: Jeffrey Goldberg, “The Color of Suspicion,”
New York Times Magazine,
June 20, 1999.

CHAPTER 6. PRODUCTIVITY AND HUMAN CAPITAL

1.
Brier Dudley, “Gates Wants to Expand Mega-House,”
Seattle Times,
February 28, 2001.

2.
“The Rich Get Richer: A Survey of India’s Economy,”
The Economist,
June 2, 2001.

3.
Evelyn Nieves, “Homeless Defy Cities’ Drives to Move Them,”
New York Times,
December 7, 1999.

4.
“From Boots to Electronics: Shutting Military Bases,”
The Economist,
June 21, 1997.

5.
T. Paul Schultz, “Health and Schooling Investments in Africa,”
Journal of Economic Perspectives,
vol. 13, no. 3 (Summer 1999), pp. 67–88.

6.
Gary Becker, “Economic Evidence on the Value of Education,” Remarks to executives of the Lotus Development Corporation, January 1999.

7.
Gary S. Becker, Ryerson Lecture at the University of Chicago, as reprinted in Becker,
Human Capital
(Chicago: University of Chicago Press, 1993), p. 21.

8.
Ibid., p. 23.

9.
Roger Lowenstein, “The Inequality Conundrum,”
New York Times Sunday Magazine,
June 10, 2007.

10.
Dora Costa, “The Wage and the Length of the Work Day: From the 1890s to 1991,”
Journal of Labor Economics,
January 2000.

11.
All of the income inequality information, including the H. L. Mencken quotations, comes from Robert H. Frank, “Why Living in a Rich Society Makes Us Feel Poor,”
New York Times Magazine,
October 15, 2000.

12.
Philippe Aghion, Eve Caroli, and Cecilia Garcia-Penalosa, “Inequality and Economic Growth: The Perspective of the New Growth Theories,”
Journal of Economic Literature,
vol. 37 (December 1999), pp. 1615–60.

13.
Marvin Zonis, Remarks Presented at the University of Chicago Business Forecast Luncheon, December 6, 2000.

CHAPTER 7. FINANCIAL MARKETS

1.
Johanna Berkman, “Harvard’s Hoard,”
New York Times Magazine,
June 24, 2001.

2.
Richard Bradley, “Drew Gilpin Faust and the Incredible Shrinking Harvard,”
Boston Magazine,
June 18, 2009.

3.
“For Those in Peril,”
The Economist,
April 22, 2006.

4.
Darren Rovell, Sports Biz, CNBC, September 15, 2009.

5.
Joseph Treaster, “Even Nature Can Be Turned into a Security; High Yield and Big Risk with Catastrophe Bonds,”
New York Times,
August 6, 1997.

6.
Simon Johnson, “The Quiet Coup,”
The Atlantic,
May 2009.

7.
Jane Spencer, “Lessons from the Brain-Damaged Investor,”
Wall Street Journal,
July 21, 2005.

8.
Peter Coy, “Can You Really Beat the Market?”
Business Week,
May 31, 1999.

9.
Burton G. Malkiel, “The Price Is (Usually) Right,”
Wall Street Journal,
June 10, 2009.

10.
Jon E. Hilsenrath, “As Two Economists Debate Markets, the Tide Shifts,”
Wall Street Journal,
October 18, 2004.

11.
Ruth Simon, “Bonds Let You Sleep at Night but at a Price,”
Wall Street Journal,
September 8, 1998.

12.
Matthew Kaminski, “The Age of Diminishing Endowments,”
Wall Street Journal,
June 6–7, 2009.

CHAPTER 8. THE POWER OF ORGANIZED INTERESTS

1.
Robert Davis, “Museum Garage Is a Fine Cut; It May Be Pork, but City Hungry,”
Chicago Tribune,
May 5, 1994.

2.
Jason Hill, Erik Nelson, David Tilman, Stephen Polasky, and Douglas Tiffany, “Environmental, Economic, and Energetic Costs and Benefits of Biodiesel and Ethanol Biofuels,”
Proceedings of the National Academy of Sciences,
vol. 103, no. 30 (July 25, 2006).

3.
Nicholas Kristof, “Ethanol, for All Its Critics, Fuels Farmer Support and Iowa’s Role in Presidential Races,”
New York Times,
January 21, 2000.

4.
Robert Gordon, Thomas Kane, and Douglas O. Staiger, “Identifying Effective Teachers Using Performance on the Job,” The Hamilton Project Policy Brief No. 2006–01, April 2006.

5.
Roger Ferguson, Jr., “Economic Policy for Our Era: The Ohio Experience,”
Economic Commentary,
Federal Reserve Bank of Cleveland, May 15, 2000.

6.
Joe Klein, “Eight Years: Bill Clinton Looks Back on His Presidency,”
The New Yorker,
October 16, 2000, p. 201.

7.
Elizabeth Kolbert, “Back to School,”
The New Yorker,
March 5, 2001.

CHAPTER 9. KEEPING SCORE

1.
Michael Cox and Richard Alm,
Time Well Spent: The Declining Real Cost of Living in America,
Federal Reserve Bank of Dallas, 1997 Annual Report.

2.
Oded Galor and David N. Weil, “Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond,”
American Economic Review,
vol. 20, no. 4 (September 2000).

3.
Miriam Jordan, “Leprosy Remains a Foe in Country Winning the Fight Against AIDS,”
Wall Street Journal,
August 20, 2001.

4.
Jane Spencer, “Why Beijing Is Trying to Tally the Hidden Costs of Pollution as China’s Economy Booms,”
Wall Street Journal,
October 2, 2006.

5.
David Leonhardt, “If Richer Isn’t Happier, What Is?”
New York Times,
May 19, 2001.

6.
Daniel Kahneman, Alan B. Krueger, David Schkade, Norbert Schwarz, and Arthur Stone, “Toward National Well-Being Accounts,”
American Economic Review,
vol. 94, no. 2 (May 2004).

7.
“Economics Discovers Its Feelings,”
The Economist,
December 23, 2006.

8.
Alexander Stille, “A Happiness Index with a Long Reach: Beyond GNP to Subtler Measures,”
New York Times,
May 20, 2000, p. A17.

9.
Edward Hadas and Richard Beales, “Sarkozy Imagines: No GDP,”
Wall Street Journal,
January 10, 2008; David Jolly, “G.D.P. Seen as Inadequate Measure of Economic Health,”
New York Times,
September 15, 2009.

10.
David Gonzalez, “A Coffee Crisis’ Devastating Domino Effect in Nicaragua,”
New York Times,
August 29, 2001.

11.
Christina D. Romer, “Back from the Brink,” speech delivered at the Federal Reserve Bank of Chicago, September 24, 2009.

12.
James B. Stewart, “Eight Days: The Battle to Save the American Financial System,”
The New Yorker,
September 21, 2009.

13.
Rebecca Kern, “Girl Scout Cookie Sales Crumble,”
USA Today,
February 20, 2009.

14.
“Hard Times,”
The Economist,
September 10, 2009.

15.
Christina D. Romer, “The Economic Crisis: Causes, Policies, and Outlook,” testimony before the Joint Economic Committee, April 30, 2009.

16.
Bruce Bartlett, “What Tax Cuts Can’t Do,”
New York Times,
December 20, 2000.

17.
Romer, Chicago Federal Reserve speech.

18.
Jagadeesh Gokhale, “Are We Saving Enough?”
Economic Commentary,
Federal Reserve Bank of Cleveland, July 2000.

19.
“What a Peculiar Cycle,”
The Economist,
March 10, 2001.

20.
James W. Paulsen,
Economic and Market Perspective,
Wells Capital Management, October 1999.

CHAPTER 10. THE FEDERAL RESERVE

1.
R. A. Mundell, “A Reconsideration of the Twentieth Century,”
American Economic Review,
vol. 90, no. 3 (June 2000), pp. 327–40.