Archive for August 31st, 2008
links for 2008-8-31
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Robert Barro and Steven Levitt, in their role as popular columnists, promoted a Harvard graduate student’s article which refuted Amartya Sen’s claim that discrimination accounted for the 100 million “missing women”. In his role as editor, Levitt published the article in the Journal of Political Economy. Now that the article’s central claim has been refuted – most notably by its author – it’s time to tell the ‘morality tale’.
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Policy makers must learn from history, but they should know which historical episodes to look to. Central bankers seem to have been focusing on the 1930s, but here one of the world’s leading macroeconomists suggests that the 1970s provides more appropriate lessons.
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The democratic peace – the regularity that democracies do not go to war with each other – is one of the most robust findings in political science. This column presents recent research showing that democratic leaders unable to seek another term in office behave like autocrats. Accountability to voters in the next election lies at the heart of the democratic peace.