economics

Stimulus money should go to lowest bidders, economists say

internet_image.jpgA group of Stanford economists is pressing the government to streamline the process for doling out $7.2 billion in economic stimulus money slated for high-speed Internet development.

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Small islands, big economic lessons

barbados_beach.jpgTwo Caribbean islands, alike in nearly every way, provide insight into what factors lead to a country’s economic success or failure.

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Study calls for more scrutiny of scans

MRI_reading.jpgThe use of sophisticated and expensive imaging technology has mushroomed over the last decade, raising the need for cost-conscious health insurers to improve their ability to measure the technology's costs and benefits. So say medical school researchers, who found that the federal government picked up the tab for twice as many magnetic resonance imaging and computed tomography scans in 2005 than 10 years prior.

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Two views on poverty

shacks.jpgGavin Jones, a professor of English, discusses how literature can provide us with an emotionally resonant and complex understanding of poverty, and David Grusky, a professor of sociology, discusses why reducing poverty is in the collective interest.

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Panel raises speculation of stock market closure in face of financial crisis

taylor_wolfson.jpgSome praised Fed Chairman Ben Bernanke and Treasury Secretary Henry Paulson, others argued taxes will have to be raised to overcome the current economic crisis. A panel of economists worked to help alumni “Understand the Financial Crisis and What It Means to You.”

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Will the bailout work? A commentary by Michael Spence

spence_michael.jpg"The U.S. economy, and much of the rest of the developed world, is in the midst of the collapse of an asset bubble fueled, in the main, by excess leverage. . . "

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Advisers for Obama, McCain offer views at economic policy talk

obama_mccain_advisors.jpgWith John McCain and Barack Obama throwing political punches over how to deal with the country's financial crisis, you might think a face-off between a pair of their economic advisers would get ugly.

Think again.

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Price changes way people experience wine, study finds

main_image_wineglasses.jpgThe old adage that you get what you pay for really is true when it comes to that most ephemeral of products: bottled wine.

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Engineers analyze the economics of California’s greenhouse gas goals

pollution.JPGStanford professors and an army of 13 graduate and undergraduate students have found that there are major differences in the “bang for the buck” from different technologies proposed for reducing the California’s greenhouse gas emissions by 170 million metric tons a year.

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Reducing emissions while preserving profits

Goulder.jpgAn environmental economist whose work incorporates political considerations, Professor Lawrence Goulder has studied the outlines of a range of emissions-reduction plans, including flexible, market-based approaches.

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