The lightship in economics

What role does government play in the provision of public goods? Economists have used the lighthouse as an empirical example to illustrate the extent to which the private provision of public goods is possible. This inquiry, however, has neglected the private provision of lightships. We investigate the private operation of the world’s first modern lightship, established in 1731 on the banks of the Thames estuary going in and out of London. First, we show that the Nore lightship was able to operate profitably and without government enforcement in the collection of payments for lighting services. Second, we show how private efforts to build lightships were crowded out by Trinity House, the public authority responsible for establishing and maintaining lighthouses in England and Wales. By including lightships into the broader lighthouse market, we argue that the provision of lighting services exemplifies not a market failure, but a government failure.     

The economics of having children

When populations grow rapidly, per capita incomes rise less rapidly, because investment and technology cannot keep pace. Reduced fertility would reduce the ratio of dependent children to work age adults, increasing possible savings. Maximizing future incomes per capita means having completed families smaller than parents usually desire. In the United States if parents typically had 2.1 surviving children altogether, the net reproduction rate would fall to unity and a zero population growth might be achieved in a.d. 2060 at 345 millions. The political-social-economic problem is that each couple wants more children for itself than all couples collectively want other couples to have. The State may need to encourage fewer births per family through taxes and subsidies.     

The economics of emergency response

Federal first responder funding is estimated to be $98 billion below the minimum required level over the 5 years ending in 2010. A significant portion of that shortfall can be covered by savings attained by eliminating non-public-good services, initiating public–private partnerships for meeting peak time demand in emergency situations, and contracting-out other public services. We concentrate on such savings in the context of response to false calls to police, fire, and ambulance services. Solving the false alarm problem for police, fire, and ambulance services and eliminating some non-public-good police services could release significant service-hours and 23.7–31.4% of the required additional Homeland Security (HLS) annual spending. Reducing false alarms means 88,000 police, fire, and ambulance first responders could be shifted to HLS activities.

The economics of the women's movement

In recent years, the political process has seemed to become increasingly favorable to issues involving women, as shown by the relatively large number of states which have passed the Equal Rights Amendment. The economic theory of politics would imply that this result would occur if the interests of women in removing labor force sex discrimination had increased. We argue that most sex descrimination in hiring and pay of women is in the form of statistical discrimination where sex is used as a proxy for labor force attachment. If this is so, then, on net, sex discrimination in employment practices would pay in the sense that the gainers from such behavior would gain more than the losers would lose. Married women would share in such gains since they would be compensated for their lower earnings by the higher earnings of their husbands. Single women, however, would receive no such compensation. We therefore hypothesize that the recent increase in legislation benefitting women is related to marriage rates, not to female labor force participation. Using votes in the state legislatures on the ERA as a measure of success by state of the women's movement, we find that our results do hold — number of single women is significant in explaining such voting but female labor force participation is not significant.     

The political economics of not paying taxes

This paper considers redistributive as well as political consequences of tax avoidance. When tax avoidance is possible, the official tax rate does not necessarily correspond to what individuals actually pay. This affects both redistributive outcomes as well as political attitudes towards taxation. Depending on the avoidance technology different political equilibria emerge. When the avoidance possibilities are limited, the classical conflict between rich and poor is sustained. If the tax avoidance technology is more effective, however, the equilibrium outcome can change to a situation where a coalition of poor and the very richest favor a higher tax rate. Comparing the model predictions with data on income inequality and evidence of avoidance activity, it comes surprisingly close to actual observations.     

"广告经济学"初探——广告产业的经济学分析

广告产业是文化与经济紧密结合的产物,在市场经济的运行中具有重要地位,有着广阔的发展前景.阐述广告及广告产业的现状,并从经济学角度分析了广告与厂商、消费者和市场经济的关系,最后针对广告产业中存在的虚假广告问题提出几点规制对策.     

政府公共危机管理的经济学分析

随着危机事件的频频发生，政府公共危机管理越来越是人们研究的重点领域。传统研究更多地倾向于用制度主义来解释危机事件管理不善的原因，很少从经济学角度对之进行研究。本文以经济学相关理论为基础提出了政府公共危机管理的三个假说，以三鹿奶粉事件为实证进行经济学分析，并多角度探讨了政府公共危机管理长效机制的建设路径。     

Katrinanomics: The politics and economics of disaster relief

Hurricane Katrina revealed massive governmental failure at the local, state and federal levels. This commentary brings the modern theory of property rights and public choice reasoning to bear in explaining why officials failed to strengthen New Orleans's levee system despite forewarning of its weaknesses, failed to pre-deploy adequate emergency supplies as the storm approached landfall and failed to respond promptly afterwards. Its main lesson is that no one should have expected government to be any more effective when confronted with natural disaster than it is in more mundane circumstances.     

The margins of security: Politics and economics in Sweden

The strong military defense posture is perhaps the most well-known attribute of the Swedish security policy. A military-industrial policy of self-sufficiency is often described as a necessary condition for the peace-time credibility of Sweden's nonaligned position and will to stay neutral in war. What is not so well known are the underlying premises, costs involved and the alternatives rejected. This article analyzes national and international developments with important implications for the future. When the suit of the traditional Swedish security policy becomes too small, the margins of security become apparent.     

The German Gemeinwirtschaftslehre: Implications for modern nonprofit economics

This article examines the way modern nonprofit economics can be informed by the Gemeinwirtschaftslehre, a strand of public and nonprofit economics that was popular in German‐speaking countries until the 1980s. Despite its present decline, the Gemeinwirtschaftslehre yields a valuable implication that nonprofit firms address market failure by supplanting the pecuniary entrepreneurial motivation with a nonpecuniary one. In this article, this implication is used to reconsider two central and controversial issues in modern nonprofit economics: the rationale behind the nondistribution constraint in nonprofit firms, and the integration between the market failure and supply‐side theories of the nonprofit sector. The article concludes by discussing the emerging prospects for empirical research.