Economists Have No Clothes

Why have economists had so little meaningful to say about the 2008 crises? Where and when did the 'science' get off the track? Can anything be done to restore respectability to Economics as a useful area of inquiry? This short essay examines these questions.methodology of economics, financial crisis, economics as science

The Limits of Market Efficiency

The framework rules within which either market or political activity takes place must be classi?ed in the non-partitionability set under the Samuelson taxonomy. Therefore there is nothing comparable to the pro?t-loss dynamic of the market that will insure any continuing thrust toward more desirable rules. 'Public choice' has at least partially succeeded in getting economists to remove the romantic blinders toward politics and politicians as providers of non-partitionable goods. It is equally necessary to be hard-nosed in evaluating markets as providers of non-partitionable rules.markets, politics, efficiency, Samuelson, non-partitionability, public choice

PUBLIC CHOICE AND PUBLIC POLICY

Public Economics,

Value stability and change during self-chosen life transitions: Self-selection versus socialization effects

Copyright @ 2013 APA. This article may not exactly replicate the final version published in the APA journal. It is not the copy of record.Three longitudinal studies examine a fundamental question regarding adjustment of personal values to self-chosen life transitions: Do values fit the new life setting already at its onset, implying value-based self-selection? Or do values change to better fit the appropriate and desirable values in the setting, implying value socialization? As people are likely to choose a life transition partly based on their values, their values may fit the new life situation already at its onset, leaving little need for value socialization. However, we propose that this may vary as a function of the extent of change the life transition entails, with greater change requiring more value socialization. To enable generalization, we used 3 longitudinal studies spanning 3 different life transitions and different extents of life changes: vocational training (of new police recruits), education (psychology vs. business students), and migration (from Poland to Britain). Although each life transition involved different key values and different populations, across all 3 studies we found value fit to the life situation already early in the transition. Value socialization became more evident the more aspects of life changed as part of the transition, that is, in the migration transition. The discussion focuses on the implications of these findings for research on values and personality change, as well as limitations and future directions for research

Small Fish Species of Arkansas Reservoirs

Sixty-six Arkansas reservoirs were sampled with rotenone from 1997 through 2004 to determine the distribution and species richness of small, nongame fish species in manmade lentic environments. Eighty-five small fish species distributed among 13 families were collected. Fish distribution and species richness varied by reservoir size, ecoregion, and reservoir type. Species richness was significantly correlated with reservoir size and the number of small species occurring in reservoir drainages. Some small species apparently maintained breeding populations in reservoirs, other species occurred in low numbers and may not have maintained breeding populations, and some species occurred sporadically, probably as stragglers from nearby tributary streams. This study should provide information for comparing and interpreting future successional changes in reservoir fish communities as the reservoirs age

Getting creative in everyday life: Investigating arts and crafts hobbyists' information behavior

While there has been increasing interest in how creative professionals find information to drive creative outputs, previous information behavior research has largely ignored how arts and crafts hobbyists look for information sources in their everyday lives. To fill this literature gap, we conducted interviews and observations with arts and crafts hobbyists to find out how they conceive potential DIY projects. The findings highlight three themes: the dearth of human sources, the prevalence of domain-specific information, and the use of self-curated information. In addition to empirical results, this work also broadens the understanding of information behavior in an arts and crafts context by studying populations beyond professional artists

Fish Community of Indian Bayou, A Coastal Plain Stream of Remarkable Species Richness in the Lower White River Drainage of Arkansas

It is increasingly important to identify unique aquatic ecosystems in the coastal plain lowlands of Arkansas, because of the extensive human-induced alteration of aquatic habitats and loss of fish diversity in that region. Indian Bayou, part of a small (103 km2 ), chute-fed drainage system off the lower White River in Monroe County, Arkansas, has a fish community that is unique among Delta streams in darter (Percidae) species richness. Twenty-five fish samples collected by seine and rotenone from the Indian Bayou drainage system over an 18-year period produced 62 fish species, including 13 darter species. The fish community at one collecting site on the Indian Bayou mainstream remained remarkably stable during the study, and 12 of the darter species were found there between 1971 and 1989. The continued existence of this unique fish assemblage is now threatened by proposals to divert large amounts of water from the White River for agricultural purposes, dredge a wider and deeper navigation channel in the White River, and construct a new interstate highway

Health and cancer prevention: knowledge and beliefs of children and young people

Objective: To collect information from children and young people about their knowledge of and attitudes towards cancer and their understanding of health and health related behaviours to inform future health promotion work. Design: Questionnaire survey of 15-16 year olds, and interviews with play materials with 9-10 year old children. Setting: Six inner city, suburban, and rural schools. Subjects: 226 children aged 15-16 years and 100 aged 9-10 years. Main outcome measures: Knowledge about different types of cancer; beliefs about health; sources of information; quality of research data obtainable from young children about cancer and health. Results: Both samples knew most about lung cancer, but there was also some knowledge of breast and skin cancer and leukaemia. Smoking, together with pollution and other environmental factors, were seen as the dominant causes of cancer. Environmental factors were mentioned more often by the inner city samples. Television and the media were the most important sources of information. Young people were more worried about unemployment than about ill health. More than half the young people did not describe their health as good, and most said they did not have a healthy lifestyle. Children were able to provide detailed information about their knowledge and understanding by using drawings as well as interviews. Conclusions: Children and young people possess considerable knowledge about cancer, especially about lung cancer and smoking, and show considerable awareness of predominant health education messages. Despite this knowledge, many lead less than healthy lifestyles. Health is not seen as the most important goal in life by many young people; the circumstances in which many children and young people live are not experienced as health promoting