Does economic freedom cause prosperity? An IV approach

A positive, statistical and economic significant relation between growth, income level and the Economic Freedom of the World (EFW) index has been amply documented. Most analyses, however, use OLS methods which, in the presence of endogenous variables do not establish causality and produce biased and inconsistent estimates. This paper uncovers the exogenous component of EFW using IV methods and finds a robust channel from economic freedom to prosperity. The findings, including instrument validity tests, support the importance of policies and institutions for development and warrants policy advice aimed at increasing economic freedom to foster prosperity.     

Does Wal-Mart reduce social capital?

Social capital has attracted increasing attention in recent years. We use county-level and individual survey data to study how Wal-Mart affects social capital. Estimates using several proxies for social capital—such as club membership, religious activity, time with friends, and other measures—do not support the thesis that “Wal-Mart destroys communities” by reducing social capital. We measure exposure to Wal-Mart two ways: Wal-Marts per 10,000 residents and Wal-Marts per 10,000 residents aggregated over the years since 1979 to capture a more cumulative “Wal-Mart Effect.” We find that the coefficients on Wal-Mart’s presence are statistically insignificant in most specifications.     

Life Extension: Rolling the Technological Dice

The idea of radically extending average human life expectancy is an ancient one, but for most of human history exceedingly utopian. There is now, however, a revival of that idea, with some scientists and others arguing that it is possible and desirable. But the main problem with most of the life extension enthusiasm is that it is based almost entirely on the desire of some individuals to make it happen. The social consequences of success of such a venture are, however, either ignored altogether or dismissed on the grounds that any problems can be dealt with. In the end, none of our present human and social problems would be helped by radically longer lives and no obvious social benefits have been advanced to support it.

On the Rights of Undocumented Children

Changes in immigration laws over the last three to four decades have given rise to unprecedented numbers of undocumented children. However, as others have argued, policies regarding the control of undocumented migration have had deleterious effects on undocumented children and their basic access to social rights. Undocumented youth in the United States can legally attend K-12 education, but cannot legally work, vote, receive financial aid, or drive in most states. Their situation calls for a reexamination of immigration laws and a recasting of the frame that has been used to promote their inclusion.

Relativism

Modern democracies increasingly confuse civic or political equality with a radical relativism that calls into question legitimate principles of hierarchy and the very idea of reasonable value judgments. This confusion reflects a “corruption,” in Montesquieu’s sense, of democracy rooted in a refusal to recognize distinctions that are integral to both human nature and social life. A moderate form of cultural relativism is a genuine intellectual achievement that helps combat ethnocentrism and allows one to better appreciate the full range of human experience. But criteria of meaning and truth are by no means entirely dependent upon cultural context. Our contemporary awareness of the “relativity” of cultures and historical experiences must be complemented by a robust appreciation of the universality of Reason and citizenship.

Last Thoughts on <Emphasis Type="Italic">The Last Intellectuals</Emphasis>

Over twenty years ago my book The Last Intellectuals put into circulation the phrase “public intellectual.” The term unexpectedly enjoyed great success. It encapsulated a new division between a professional or academic intellectual focused on his or her specialty and an intellectual orientated to a larger public. The former tend to disappear into the university, while they latter write for the educated public. In the twenty years since its publication, my book has been sharply challenged. Moreover the emergence of African-American and women intellectuals, and well as new developments such as Internet, have possibly undermined my thesis. Yet these phenomena amount to revisions, not refutations, of my thesis. Moreover the role of intellectuals in France and Germany suggest that the same process of academization is taking place in other advanced industrial nations. What is called for is not nostalgia or its opposite, a celebration of everything that happens, but a consideration of the real shifts that affect the lives and work of intellectuals.

Death and Us

As Leon Kass has noted, the conquest of illness and death has long been “the unstated but implicit goal of modern medical science.” But it is unstated no more. Since the late 1990s, a new generation of scientists and enthusiasts has emerged to proclaim the feasibility and desirability of radical life extension. What they promise is not just longer life, better health, and heightened vitality, but a transformation of ourselves into the sort of beings we have long wished to be, but have repeatedly failed to become: beings who are completely fulfilled and living in perfect harmony with others. Despite the obvious and profound appeal of such a fantasy, attempts to realize it, even if successful scientifically, might prove to be disastrous culturally, for reasons that go beyond concerns about the alteration of existing social structures. Ultimately, as Freud argued, life might well become stagnant, “shallow and empty,” while the fear of death might become all the more crippling.

Examining the Link Between Issue Attitudes and News Source: The Case of Latinos and Immigration Reform

This paper explores whether an individual’s news source can explain their attitudes on immigration. We focus on the Spanish-speaking population in the U.S., since they have the option of accessing their news in English, Spanish or in both languages. Our audience influence hypothesis predicts that Spanish-language news will cover immigration in a more positive and informative manner than will English-language news. Thus, Latinos who use Spanish-language news may have a higher likelihood of possessing pro-immigrant sentiments than Latinos who only use English-language news. Content analysis of Spanish and English-language television news segments reveals variations in the tone and substance of these news outlets. Analysis of Latino survey respondents indicates that immigration attitudes vary by news source. Generational status also influences Latinos’ immigration attitudes, though its impact is not as great as one’s news source.

Gender Differences in Political Knowledge: Distinguishing Characteristics-Based and Returns-Based Differences

This study assesses whether gender-based differences in political knowledge primarily result from differences in observable attributes or from differences in returns for otherwise equivalent characteristics. It applies a statistical decomposition methodology to data obtained from the 1992–2004 American National Election Studies. There is a consistent 10-point gender gap in measured political knowledge, of which approximately one-third is due to gender-based differences in the characteristics that predict political knowledge, with the remaining two-thirds due to male–female differences in the returns to these characteristics. The methodology identifies the relative contribution of the predictors of political knowledge to each portion of the gap, and then uses this information to elucidate the underlying sources of the political knowledge gender gap and its prognosis. Education is the characteristic that most clearly enlarges the gap, with men receiving significantly larger returns to political knowledge from education than women. Group membership reduces the gap as women obtain gains in political knowledge from belonging to organizations that do not accrue to men. However, these gains are not sufficient to significantly reduce the gap.