Naked Economics, Wheelan, Charles [open ebook .txt] 📗

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.

2.Justin Scheck, “Mackerel Economics in Prison Leads to Appreciation for Oily Filets,” Wall Street Journal, October 2, 2008.

3.David Berreby, “All About Currency Printers: The Companies That Make Money from Making Money,” New York Times, August 23, 1992.

4.Paul Krugman, “Fear Itself,” New York Times Magazine, September 30, 2001.

5.Stephanie Strom, “Deflation Shackles Japan, Blocking Hope of Recovery,” New York Times, March 12, 2001.

6.N. Gregory Mankiw, Principles of Economics (Fort Worth, Tex.: Dryden Press, 1998), p. 606.

7.Stephen G. Cecchetti, “Crisis and Responses: The Federal Reserve in the Early Stages of the Financial Crisis,” Journal of Economic Perspectives, vol. 23, no. 1 (Winter 2009).

8.“The Very Model of a Central Banker,” The Economist, August 27, 2009.

CHAPTER 11. INTERNATIONAL ECONOMICS

1.Thomas Jaffe and Dyan Machan, “How the Market Overwhelmed the Central Banks,” Forbes, November 9, 1992.

2.Anatole Kaletsky, “How Mr. Soros Made a Billion by Betting Against the Pound,” The Times of London, October 26, 1992

3.“Big Mac Currencies,” The Economist, April 25, 2002.

4.Sylvia Nasar, “Weak Dollar Makes U.S. World’s Bargain Bazaar,” New York Times, September 28, 1992.

5.Ian Rowley, “Why Japan Hasn’t Stopped the Yen’s Rise,” Business Week (online), January 15, 2009.

6.Paul Krugman, “Misguided Monetary Mentalities,” New York Times, October 12, 2009.

7.Maurice Obstfeld and Kenneth Rogoff, “The Mirage of Fixed Exchange Rates,” National Bureau of Economic Research Working Paper W5191, July 1995.

8.Anthony Ramirez, “Pepsi Will Be Bartered for Ships and Vodka in Deal With Soviets,” New York Times, April 9, 1990.

9.Peter Gumble, “Iceland: The Country That Became a Hedge Fund,” CNN Money.com, December 4, 2008.

10.“Cracks in the Crust,” The Economist, December 11, 2008.

11.Associated Press, as reported by Yahoo! Finance. “Iceland Says Goodbye to the Big Mac,” October 26, 2009.

12.“No Pain, No Gain,” The Economist, December 13, 2003.

13.James Fallows, “The $1.4 Trillion Question,” The Atlantic, January/February 2008.

14.Ibid.

15.“Reforming the Sisters,” The Economist, February 17, 2001.

16.Ibid.

CHAPTER 12. TRADE AND GLOBALIZATION

1.Paul Krugman, “The Magic Mountain,” New York Times, January 23, 2001.

2.Charles Wheelan, “Fast Food, Balinese Style,” Valley News, January 25, 1989, p. 18.

3.“The Battle in Seattle,” The Economist, November 27, 1999.

4.“Economic Nationalism: Bashing Foreigners in Iowa,” The Economist, September 21, 1991.

5.Mary E. Burfisher, Sherman Robinson, and Karen Thierfelder, “The Impact of NAFTA on the United States,” Journal of