Econ Journal Watch – New Issue

Twitter Mood Predicts the Stock Market? Johan Bollen, Huina Mao, and Xiaojun Zeng claimed the affirmative in a conspicuous 2011 article. Michael Lachanski and Steven Pav conclude otherwise after looking from many angles, replicating as best they can, and applying robustness tests.

Who Knows What Willingness to Pay Lurks in the Hearts of Men? John Whitehead argues that certain authors claim to know, based on their survey data, more than they do about people’s willingness to pay for a wetlands project. The article continues an exchange from the Journal of Environmental Economics and Management.

Fire and Ice: Hannes Gissurarson, who published an article on liberalism in Iceland in our last issue, picks up the story in 1991, now turning critic of certain narratives about the last quarter-century. A principal opponent, Stefán Ólafsson, provides a reply that criticizes Gissurarson’s interpretations and his characterization of liberalism.

What Adam Smith Told His Teenagers About Domestic Policy: Adam Smith’s jurisprudence course included a section on “police,” or domestic policy, captured in student lecture notes. The notes from 1763­­–1764 enrich our conversation today about Smith’s sensibilities, as they provide a candid window on his classroom edification.

Glimpses of David Hume: “You hope I shall be damned for want of faith, and I fear you will have the same fate for want of charity.” Anecdotes and miscellanea about David Hume, most drawn from James Fieser’s 10-volume compilation Early Responses to Hume.

An Economic Dream—of Erik Gustaf Geijer, historic Swede, and historian, published in 1847. “It is a dream of national economy…”

EJW Audio

Call for papers: EJW fosters open exchange. We welcome proposals and submissions of diverse viewpoints. EJW also welcomes ‘journal watch’ submissions beyond Econ.

Nuevo número de Econ Journal Watch, Volume 12, Issue 3, September 2015

Econ_JournalYa está disponible on line un nuevo número del Econ Journal Watch, el que incluye un simposio sobre liberalismo en Venezuela, Dinamarca, India y Guatemala.

INDEX

As time goes by: What would Adam Smith have said about the Export-Import Bank?

Dummy Variables Revisited: John Humphreys finds that education premiums in Cambodia may be higher than previously believed.

Symposium:
Classical Liberalism in Econ, by Country (Part II): Authors from around the world tell us about their country’s culture of political economy, in particular the vitality of liberalism in the original political sense, historically and currently, with special attention to professional economics as practiced in academia, think tanks, and intellectual networks.

Hugo Faria and Leonor Filardo:
Venezuela: Without Liberals, There Is No Liberalism

Peter Kurrild-Klitgaard:
Classical Liberalism and Modern Political Economy in Denmark

G. P. Manish, Shruti Rajagopalan, Daniel Sutter, and Lawrence H. White:
Liberalism in India

Andrés Marroquín and Fritz Thomas:
Classical Liberalism in Guatemala

(Part I of the Symposium appeared in May. Part III of the Symposium, to appear in January 2016, will treat Korea, Mexico, and perhaps other countries as well.)

EJW Audio

Shruti Rajagopalan on Liberalism in India

Arthur Melzer on the History, Analysis, and Significance of Esotericism

Acceda aquí al número completo.