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Posts tagged economics
A Discrimination Report Card

By Patrick M. Kline, Evan K. Rose, and Christopher R. Walters

We develop an empirical Bayes ranking procedure that assigns ordinal grades to noisy measurements, balancing the information content of the assigned grades against the expected frequency of ranking errors. Applying the method to a massive correspondence experiment, we grade the race and gender contact gaps of 97 U.S. employers, the identities of which we disclose for the first time. The grades are presented alongside measures of uncertainty about each firm’s contact gap in an accessible report card that is easily adaptable to other settings where ranks and levels are of simultaneous interest.

Chicago: University of Chicago, The Becker Friedman Institute for Economics 2(BFI) , 2024

National Defense Industrial Strategy

United States. Department Of Defense

From the document: "The National Defense Industrial Strategy (NDIS) - the first of its type to be produced by the Department of Defense - provides a path that builds on recent progress while remedying remaining gaps and potential shortfalls. This NDIS recognizes that America's economic security and national security are mutually reinforcing and, ultimately, the nation's military strength depends in part on our overall economic strength. This comprehensive NDIS aims to answer the question: How do we prioritize and optimize defense needs in a competitive landscape undergirded by geopolitical, economic, and technological tensions?"

Washington DC. United States. Department Of Defense . 2023. 80p.

Trust in Contemporary Society

  Edited by Masamichi Sasaki  

Trust in Contemporary Society, by well-known trust researchers, deals with conceptual, theoretical and social interaction analyses, historical data on societies, national surveys or cross-national comparative studies, and methodological issues related to trust. The authors illuminate contemporary issues of trust and distrust. Readership: All interested in trust research in psychology, sociology, political science, economics, organizational and management studies, history, comparative study, area studies, survey research.

Leiden; Boston: Brill, 2019. 285p.

The Wealth of Nations

By Adam Smith. .

An Inquiry into the Nature and Causes of the Wealth of Nations. This great classic published in 1776, is widely considered to have established the basis of modern capitalism . Smith argues that individuals are driven by self interest which, surprisingly almost, or even unintentionally, serves to benefit the welfare of all humankind.

Harrow and Heston Classic Reprint. 1776.