Comments on: Part II of Prop 13: Political Markets http://sonomastate.blogs.northbaybusinessjournal.com/10027/part-ii-of-prop-13-political-markets/ Just another North Bay Business Journal weblog Sun, 12 Sep 2010 00:43:49 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Jean suhas http://sonomastate.blogs.northbaybusinessjournal.com/10027/part-ii-of-prop-13-political-markets/comment-page-1/#comment-303 Jean suhas Sun, 11 Apr 2010 05:05:26 +0000 http://sonomastate.blogs.northbaybusinessjournal.com/?p=10027#comment-303 "Invitation: Online debate on India-Brazil- South Africa (IBSA) Policy Dialogue Forum In partnership with the Ideas for Development blog, the International Policy Centre for Inclusive Growth (IPC-IG) is launching an online debate that will contribute with inputs for the forthcoming IBSA Academic Forum, which will be hosted by IPC-IG on 12-13 April in Brasilia, Brazil. We invite you to participate in this discussion and reflect about the following issues: - What is the role of the emerging countries in shaping world politics? - How can India, Brazil and South Africa strengthen cooperation in key issues on the global agenda? - In which ways an improved policy dialogue among developing countries can contribute to the implementation of effective policies towards the achievement of inclusive growth and human development? Join us at: http://www.ideas4development.org We also invite you to visit the IBSA Academic Forum website, where you can find interesting papers, resources and breaking news. Visit: http://www.ipc-undp.org/ibsa" “Invitation: Online debate on India-Brazil- South Africa (IBSA) Policy Dialogue Forum

In partnership with the Ideas for Development blog, the International Policy Centre for Inclusive Growth (IPC-IG) is launching an online debate that will contribute with inputs for the forthcoming IBSA Academic Forum, which will be hosted by IPC-IG on 12-13 April in Brasilia, Brazil.

We invite you to participate in this discussion and reflect about the following issues:

- What is the role of the emerging countries in shaping world politics?

- How can India, Brazil and South Africa strengthen cooperation in key issues on the global agenda?

- In which ways an improved policy dialogue among developing countries can contribute to the implementation of effective policies towards the achievement of inclusive growth and human development?

Join us at: http://www.ideas4development.org

We also invite you to visit the IBSA Academic Forum website, where you can find interesting papers, resources and breaking news. Visit: http://www.ipc-undp.org/ibsa“

]]> By: Richard Conrad http://sonomastate.blogs.northbaybusinessjournal.com/10027/part-ii-of-prop-13-political-markets/comment-page-1/#comment-242 Richard Conrad Sun, 18 Oct 2009 23:08:21 +0000 http://sonomastate.blogs.northbaybusinessjournal.com/?p=10027#comment-242 Would we be out of line if we shared with our fellow econ students some recent articles that we found interesting? Krugman’s piece provides some historical perspective on current schools of thought among economists; Cassidy discusses “the real reason that capitalism is so crash-prone;” Creswell takes the example of a single company forced into bankruptcy by its private equity firm owners as they loaded the company up with debt and made a significant profit; and Black condemns as criminal the behavior of the financial sector in abandoning its historical mission of supplying capital efficiently in the service of the real economy in favor, today, of making huge short-term profits as an end unto itself.. Submitted by Richard and Maisie Conrad 1. Paul Krugman, “How Did Economists Get It So Wrong?” N.Y.Times Magazine, September 6, 2009: www.nytimes.com/2009/09/06/magazine/06Economic-t.html 2. John Cassidy, “Rational Irrationality,” The New Yorker, Oct. 5, 2009: http://www.newyorker.com/reporting/2009/10/05/091005fa_fact_cassidy 3. Julie Creswell, “Profits for Buyout Firms as Company Debt Soared,” N.Y. Times, October 5, 2009: http://www.nytimes.com/2009/10/05/business/economy/05simmons.html?_r=1 4. William K Black, “How the Servant Became the Predator: Finance’s Five Fatal Flaws,” Huffington Post, October 12, 2009: http://www.huffingtonpost.com/william-k-black/how-the-servant-became-a_b_318010.html Would we be out of line if we shared with our fellow econ students some recent articles that we found interesting? Krugman’s piece provides some historical perspective on current schools of thought among economists; Cassidy discusses “the real reason that capitalism is so crash-prone;” Creswell takes the example of a single company forced into bankruptcy by its private equity firm owners as they loaded the company up with debt and made a significant profit; and Black condemns as criminal the behavior of the financial sector in abandoning its historical mission of supplying capital efficiently in the service of the real economy in favor, today, of making huge short-term profits as an end unto itself..

Submitted by Richard and Maisie Conrad

1. Paul Krugman, “How Did Economists Get It So Wrong?” N.Y.Times Magazine, September 6, 2009: http://www.nytimes.com/2009/09/06/magazine/06Economic-t.html

2. John Cassidy, “Rational Irrationality,” The New Yorker, Oct. 5, 2009: http://www.newyorker.com/reporting/2009/10/05/091005fa_fact_cassidy

3. Julie Creswell, “Profits for Buyout Firms as Company Debt Soared,” N.Y. Times, October 5, 2009: http://www.nytimes.com/2009/10/05/business/economy/05simmons.html?_r=1

4. William K Black, “How the Servant Became the Predator: Finance’s Five Fatal Flaws,” Huffington Post, October 12, 2009: http://www.huffingtonpost.com/william-k-black/how-the-servant-became-a_b_318010.html

]]> By: SBE Faculty at SSU http://sonomastate.blogs.northbaybusinessjournal.com/10027/part-ii-of-prop-13-political-markets/comment-page-1/#comment-195 SBE Faculty at SSU Fri, 09 Oct 2009 00:04:37 +0000 http://sonomastate.blogs.northbaybusinessjournal.com/?p=10027#comment-195 Agreed. The system of mortgaging the future will come to an abrupt halt at some point. Agreed. The system of mortgaging the future will come to an abrupt halt at some point.

]]> By: Robert Tancreto http://sonomastate.blogs.northbaybusinessjournal.com/10027/part-ii-of-prop-13-political-markets/comment-page-1/#comment-184 Robert Tancreto Tue, 06 Oct 2009 03:54:31 +0000 http://sonomastate.blogs.northbaybusinessjournal.com/?p=10027#comment-184 A simple majority would seem to be the best approach. However, no expenditure should be made without a funding source. I believe that Clinton used that approach at he Federal level and it had some degree of success. When I worked for the State it was extremely frustrating to have new laws passed without adequate, if any, funding for implementation. That was the rule, not the exception. The current budget deficit would be much worse if all all laws, rules and regulations were actually implemented. A simple majority would seem to be the best approach. However, no expenditure should be made without a funding source. I believe that Clinton used that approach at he Federal level and it had some degree of success. When I worked for the State it was extremely frustrating to have new laws passed without adequate, if any, funding for implementation. That was the rule, not the exception. The current budget deficit would be much worse if all all laws, rules and regulations were actually implemented.

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