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Economics

Economics Faculty Publications

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Articles 481 - 489 of 489

Full-Text Articles in Social and Behavioral Sciences

The Efficiency Of Producing Alcohol For Energy In Brazil: Comment, Jonathan B. Wight Jan 1985

The Efficiency Of Producing Alcohol For Energy In Brazil: Comment, Jonathan B. Wight

Economics Faculty Publications

In a 1982 issue of this journal, Michael Barzelay and Scott R. Pearson examined the social costs and benefits of producing ethanol motor fuel in Brazil. They conclude that ethanol fuel was economically infeasible in 1981 and will remain so unless petroleum prices rise dramatically in the future. We seek first to call attention to some problems in their data and second to suggest that their analysis include broader considerations. Quite different conclusions could result.

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Economics Of The Pacific Whiting, Merluccius Productus, Fishery, Eric Anderson Jan 1985

Economics Of The Pacific Whiting, Merluccius Productus, Fishery, Eric Anderson

Economics Faculty Publications

(First paragraph) Interest in the economics of Pacific whiting, Merluccius productus, production and consumption has been simulated in recent years by expanding U.S. participation in the fishery formerly dominated by foreign fishing and processing. This has raised several questions within the U.S. fishing industry: 1) Will it be profitable for additional U.S. fisherman and processors to enter the fishery? 2) What configuration will the U.S. Pacific whiting industry take? and 3) What will be the nature of markets for Pacific whiting products? This paper summarizes the conclusions of several reports and studies which bear on these questions.

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The State Of Spencer, Arthur M. Diamond Jr. Apr 1984

The State Of Spencer, Arthur M. Diamond Jr.

Economics Faculty Publications

Before any words of title or content, the book begins with a photographic portrait of Spencer. He appears severe, smug, and slightly sad-as if he is about to chastise you for some distasteful breach of moral conduct. The portrait accurately forewarns the reader of the tone of the words that follow. Spencer’s essays read like secular sermons on the common theme that the road to hell on earth is paved with the good intentions of those who seek to expand the state.

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Economic Evaluation Of Solar Energy Systems In Commercial Buildings: Methodology And Case Studies, Rosalie T. Ruegg, G. Thomas Sav, Jeanne W. Powell, E. Thomas Pierce Jul 1982

Economic Evaluation Of Solar Energy Systems In Commercial Buildings: Methodology And Case Studies, Rosalie T. Ruegg, G. Thomas Sav, Jeanne W. Powell, E. Thomas Pierce

Economics Faculty Publications

This report develops a comprehensive economic optimization model for evaluating the economic feasibility of active solar energy systems to provide service hot water and combined space heating/service hot water in commercial buildings. The model is demonstrated in a number of case studies for office buildings and retail stores. Data and assumptions for use in the model are compiled for the selected case studies. Using these data, the model is applied to estimate present value net savings (or net losses) of the solar energy systems over a 20-year life cycle. Break-even values for hot water loads, solar energy system costs, and …

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F. A. Hayek On Constructivism And Ethics, Arthur M. Diamond Jr. Oct 1980

F. A. Hayek On Constructivism And Ethics, Arthur M. Diamond Jr.

Economics Faculty Publications

Long before receiving his Nobel Prize, Friedrich von Hayek was well respected in the academic community. John Maynard Keynes had glowing praise for Hayek's 1944 The Road to Serfdom. Milton Friedman and Paul Samuelson, antagonists on many issues, agree that Hayek's 1945 "The Use of Knowledge in Society" was a major contribution to political-economic thought. These early works by Hayek led a writer for the Nation to express what must have been the view of a great many, that "because [Hayek] is among the most thoughtful and consistent supporters of a market economy. . . those who disagree with him …

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Spencer's Tragedy, Arthur M. Diamond Jr. Oct 1980

Spencer's Tragedy, Arthur M. Diamond Jr.

Economics Faculty Publications

At Dinner with Huxley, Spencer mentioned that he had once written a tragedy. Huxley immediately replied that he knew what the plot must be: a beautiful theory gets murdered by a nasty fact. Spencer himself delighted in retelling Huxley’s barb, displaying thereby both his good humor and self-awareness. What he was probably not aware of was that he actually did write a tragedy with Huxley’s plot. In The Principles of Ethics the beautiful theory is that an individual’s conduct is to be judged by how well it furthers the individual’s survival. The nasty fact is that much conduct that furthers …

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Rothbard's Intellectual Ancestry, Arthur M. Diamond Jr. Jan 1979

Rothbard's Intellectual Ancestry, Arthur M. Diamond Jr.

Economics Faculty Publications

Murray Rothbard is a prominent spokesman for neo-Austrian economics, yet the economics profession has not taken him seriously enough to investigate his claims. He and his disciples invite this neglect by treating the Rothbardian corpus more as creed-to-be-adhered-to than as theory-to-be-tested-and-improved-on. The profession's neglect is nonetheless unwise. Even if neo-Austrian economics turns out to be unsound, it should be taken seriously because of the growing number of intelligent people who identify themselves as Austrians.

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Life-Cycle Costing: A Guide For Selecting Energy Conservation Projects For Public Buildings, Rosalie T. Ruegg, John S. Mcconnaughey, G. Thomas Sav, Kimberly A. Hockenbery Sep 1978

Life-Cycle Costing: A Guide For Selecting Energy Conservation Projects For Public Buildings, Rosalie T. Ruegg, John S. Mcconnaughey, G. Thomas Sav, Kimberly A. Hockenbery

Economics Faculty Publications

Report issued by the Bureau of Standards discussing the energy conservation of public buildings. As stated in the introduction, "this report focuses on the establishment of a technically correct, practical, standardized approach for evaluating proposed energy conservation improvements in public buildings" (p. 2). This report includes tables, illustrations, and photographs.

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Natural Disasters: Some Empirical And Economic Considerations, G. Thomas Sav Feb 1974

Natural Disasters: Some Empirical And Economic Considerations, G. Thomas Sav

Economics Faculty Publications

Losses resulting from hurricanes, floods, earthquakes, and tornadoes are examined. The data will help individuals, communities, and the Federal government make better decisions as to how and what extent protection against disasters should be provided. The application of benefit-cost analysis for choosing the optimal level of protection against disasters is also discussed. Recommendations are made for further research in determining the economic feasibility of various techniques designed to mitigate the losses from disasters.

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