| Sunday December 27, 2015 at 3:34 PM PST
I met Douglass C. North exactly forty-eight years ago, during the final week of 1967, when the American Economic Association was holding its annual meetings in Washington, D.C., and I went to Doug’s room at the Shoreham Hotel to be interviewed for a faculty opening at the University of Washington, where he was chairman...
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Tags: capitalism, cliometrics, econometrics, economic history, Entrepreneurship, Free Market, free trade, neoclassical economics, New Institutional Economics, Nobel Prize in Economics, Oliver Williamson, Property Rights, Robert Fogel, Ronald Coase, Western civilization
| Friday June 8, 2012 at 2:23 PM PST
It seems that push has come to shove in some California cities. The Stockton City Council voted to give its City Manager the green light to file for bankruptcy—which could address the problem of that city’s debt, now thought to be in the range of $25-40 million. The City’s diminished income is not up...
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Tags: American History, Budget and Tax Policy, California, cities, Civil Society, Economics, Elections, fiscal insolvency, government employee unions, government pensions, infrastructure, Labor, local government, Politics, Privatization, public employees, public sector, Robert Fogel, San Diego, San Jose, social services, Stockton, Taxation, Unemployment, Urban Issues, Welfare, X-Prize