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Assorted links
1. The end of the Irish miracle?
2. Are SWFs smaller than you think?
3. Local government isn't always better
4. Do you vote differently if you have daughters?
5. New blog on water economics
Posted by Tyler Cowen on April 1, 2008 at 04:38 PM in Web/Tech | Permalink
Comments
Oh, so SWF also stands for Sovereign Wealth Funds.
Who knew.
Posted by: ZBicyclist at Apr 1, 2008 3:15:35 PM
I find the local government interesting in light of the recent Tocqueville biography. I've always thought of federalism as one of the greatest innovations in liberal governance, and would be interested in reading more about why federalism works so well, when it doesn't work, and how it solves/doesn't solve political economy questions with some of the major policy issues.
Posted by: Chris P at Apr 1, 2008 3:55:28 PM
So does this mean that pro- and anti-abortion voters will take more notice of how many girls a Congressional candidate has?
Posted by: Joey at Apr 1, 2008 4:30:05 PM
Yes, indeed, when SWF's take their high heels off, they turn off to be about three inches shorter than you thought they were.
Posted by: Steve Sailer at Apr 1, 2008 5:01:09 PM
hahah we all came here to make the same "SWF" jokes.
Posted by: Wilson at Apr 1, 2008 5:04:55 PM
the voting differently article was first published in the atlantic monthly over three years ago, and referenced NRLC and NOW scores of reps in congress. I did a study of my own within the senate for class, using the same measures that the original study had, and found no correlation, either due to a smaller sample size or lack of advanced regression techniques. Furthermore, the correlation within congress was small, and dealt only with abortion issues. If there was only a small correlation in abortion issues with congressman having daughters, the credence of this article is questionable imho.
Posted by: mike at Apr 1, 2008 5:20:00 PM
Regarding Ireland: it seems there should be a solution involving paying their manufacturing workers in some basket of currencies, not in EUR alone. (Or, equivalently, writing contracts linking wages to exchange rates). This would lower the cost volatility of Irish manufacturing and make it a more attractive investment.
Posted by: sammler at Apr 2, 2008 4:12:49 AM
On Ireland:
Regarding a suggestion to pay people based on a basket of currencies - well isn't that just a disguised call for leaving the Euro - what else is a floating currency?
Also - remember this is a businessweek article, with the consequent overwrought writing style. There are problems in Ireland, and you'll know about it in Dublin, but remember that most people can remember 17% unemployment...
Also, I think the claim that the Irish started trying to escape continental european redtape 30 years ago wildly misses the point. 30 Years ago Ireland was embarking on a government spending spree that paved the way to a misreable 1980s. The good things happening at the time involved moving closer to Europe (including joining the EMS and decoupling from Sterling)which eventually helped facilite the 1990s boom - a large amount of which was catch-up following the misreable 1980s.
Posted by: tadhgin at Apr 2, 2008 5:00:41 AM
Regarding decentralization. Isn't it a bit like deregulation? People say they're doing it, but they never fully commit to it.
Posted by: Ted Craig at Apr 2, 2008 9:31:55 AM
Yes, indeed, when SWF's take their high heels off, they turn off to be about three inches shorter than you thought they were.
And when they take their clothes off they turn out to be about thirty pounds heavier than you thought they were...
Posted by: Dirty Frank at Apr 2, 2008 8:22:27 PM
"Some evidence challenged the notion that interjurisdictional competition disciplines subnational governments."
Well, so much for that theory.
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