Bullins and Me: A Remembrance of Past Times

This article develops a critical appraisal of the UNESCO Creative Economy Report (2013). It dis-cusses continuity and change in the focus and message of the UNCTAD Creative Economy Reports. The UNESCO Report aims at Widening Development Pathways and provides a balanced engagement with the relation between culture and development. It is a welcome addition to the creative economy debate that is now uncontestably global in scope. In spite of many perks, there is always room for improvement. First, there is a need for more critical engagement with examples, including bad ones. Second, mobility and visa issues among artists remain a concern. Third, the problematic opposition of developed and developing countries is no longer useful. Finally, the limited historical framing of (cultural) policy issues often leads to myopic thinking.     

Of guns and geese: a meta-analytic review of the ‘weapon focus’ literature

Abstract

Weapon focus is frequently cited as a factor in eyewitness testimony, and is broadly defined as a weapon-related decrease in performance on subsequent tests of memory for those elements of an event or visual scene concurrent to the weapon. This effect has been attributed to either (a) physiological or emotional arousal that narrows the attentional beam (arousal/threat hypothesis), or (b) the cognitive demands inherent in processing an unusual object (e.g. weapon) that is incongruent with the schema representing the visual scene (unusual item hypothesis). Meta-analytical techniques were applied to test these theories as well as to evaluate the prospect of weapon focus in real-world criminal investigations. Our findings indicated an effect of weapon presence overall (g= 0.53) that was significantly influenced by retention interval, exposure duration, and threat but unaffected by whether the event occurred in a laboratory, simulation, or real-world environment.     

Risk Perceptions and Fear of Criminal Victimization Among Visitors to Jamaica

ABSTRACT

Tourism is viewed as being particularly vulnerable to crime and data on the attitudes of visitors and travel agents tend to confirm this. Visitor perceptions of the risk of being criminally victimized in Jamaica have tended to be somewhat negative although the rate of criminal victimization of tourists is fairly low. Visitors' perceptions of safety are thus not in keeping with the objective indicators of the risk of tourist victimization. This paper attempts to explain this disjuncture between risk perception and the reality of visitor victimization. It discusses the likely long-term effects, and suggests possible responses to it.     

The Kramer problem: Micro-macro resolution with a Danish pool

In a seminal paper, Kramer (1983) posed his “problem” for the study of economic voting with election surveys: the items administered can measure neither individual nor national economic wellbeing accurately. Instead these items of economic perception are laden with erroneous judgment and partisan bias. Thus, the investigation of economics and elections should not be a survey research enterprise. Here we show, through varied analyses in an extensive, well-gathered Danish election pool, that these fears are unfounded. The presence of strong sociotropic voting effects from surveys can be established, and reconciled with the observed effects of national fluctuations in the macro economy. Indeed, the micro- and macro- processes mirror each other, so resolving the Kramer problem.     

How Bush bungled Asia: militarism,economic indifference and unilateralism have weakened the United States across Asia

Abstract

Criticism of the Bush administration's policies in East Asia is hardly common fare. Roseate colors certainly pervade the picture painted by defenders of Bush's policies toward Asia who argue that relations between the US and that region have never been better. This paper shows to the contrary that the Bush administration politicized wide swaths of public policy, including foreign relations, in an effort to create a permanent Republican electoral majority. That effort created a host of failures in America's Asian relations. The article focuses on three central problems: excessive militarization of American foreign policy; economic mismanagement; and a unilateralism that distanced the US from the rising Asian regionalism. The failures are not irreversible however and a change in administration has the potential to revitalize cross Pacific ties.     

The new Korean political economy: beyond the models of capitalism debate

Abstract

A key theme within the literature on the evolution of the Korean political economy since the 1997/8 crisis has been the extent to which Korea remains a ‘developmental state’ or has pursued radical neoliberal reform. These debates have not only reflected a concern with understanding the Korean economy but with a wider set of questions relating to the future of capitalist diversity within a globalized economy. By the late 1980s Korea had come to be regarded as a model of successful state-led late capitalist development. Korean modern economic history has insured that questions relating to the extent that it has pursued neoliberal reform have been of keen interest to students of political economy globally. This paper argues that substantive neoliberal reform has taken place in Korea since 1997. The thesis that a new ‘developmental state’ is in process of consolidating itself is simply wrong. However, the state's reform program interacted with material conditions and political coalitions at the meso level in a complex and uneven manner. In certain critical sectors, such as finance, a neoliberal regulatory regime has been consolidated. In others, such as telecommunications, developmentalist regulatory structures have proven to be highly resilient. In order to fully understand the complexity of the contemporary Korean political economy it is necessary, therefore, to prioritize the importance of meso-level analysis.     

State transformation and resource politics: Australia and the regional political economy

Abstract

Although the 1994 Agreed Framework offers a solution to the North Korean nuclear crisis, many problems may prevent its successful implementation. Should the Agreed Framework break down, the United States and South Korea have indicated that they will ask Japan to join them in a trilateral economic sanctions regime.

Japanese participation would include the severance of trade and financial flows, including money sent to North Korea from Japan's ethnic Korean community. In this paper I examine this financial flow, and, finding it a valuable linkage to the North Korean economy, conclude that Japanese participation is vital for a successful sanctions regime against North Korea.

Given this, I examine whether or not Tokyo's cooperation will be forthcoming. Japan would be inclined to participate given that it has a strong interest in eliminating a regional nuclear threat. Furthermore, Japan would also feel pressure from its allies to display diplomatic leadership in the Asia‐Pacific region, as befits a country of its economic importance.

Despite these international reasons for Japanese participation, domestic factors will be likely to prevent Tokyo from joining a sanctions regime: constitutional questions, the possibility of terrorist reprisals, interest in Pyongyang's regime maintenance, concerns for the rights of Japan's ethnic Korean community, and political ties between North Korean and Japanese politicians. I find that these domestic factors will outweigh international pressures for Japanese participation, and thus conclude that in the event of a breakdown in the Agreed Framework, alternatives to a trilateral sanctions strategy against North Korea must be considered.     

Posner,Bentham and the rule of economy

Law and economics is a prominent but understudied discourse of liberal government. This essay examines the work of Richard Posner, with special attention to his rediscovery of Jeremy Bentham as a founder of law and economics. Posner's new reading of Bentham accurately identifies Bentham as a fellow anti-juridical theorist of government and a fellow believer in the rule of economy. But Bentham's economy makes room for a range of disciplinary appropriations, and Posner's does not. Posner's economy is entirely defined and exhausted by a particular economic doctrine. The essay suggests that civil society has been over-emphasized in the literature contrasting classical and contemporary liberalism. Instead, it turns attention to a common understanding of law as a non-autonomous and flexible tactic of economic government and to the role of the various sciences that can inform it.     

Sub-prime mortgage lending: a cultural economy

Abstract

Developing cultural economists’ concerns with the assembly of agency in financial markets, agency in sub-prime mortgage lending in the United States is shown to have been made up through calculative devices of risk. Credit reporting and scoring provided for the targeting, sorting, pricing and governing of customers in terms of risk. The securitization of mortgages into risk-structured financial instruments made possible extended lending. Interest-only adjustable rate mortgage products called up mortgagors who, as leveraged investors, embraced risk in a rising property market. The current sub-prime mortgage crisis is understood in critical terms as a moment when the contradictions of these risk devices and their incapacity to capture the uncertain future have come to the surface, and agency in sub-prime lending has been disassembled. Cultural economy is thus shown to make a distinctive contribution to the politicization of sub-prime that stresses the ambiguous politics of calculation.     

‘A willing Odysseus’: The life and times of Albert O. Hirschman

Abstract

In this review essay of Jeremy Adelman's biography of Albert O. Hirschman, A worldly philosopher, supplemented by references to other secondary works on Hirschman, I take the opportunity to discuss the relationship between the economist's life and his main publications. I argue that in times of crisis more attempts like Hirschman's political economy are needed. I further argue that Hirschman has given us a good idea of what a new moral economy, which really deserves this name, would look like.