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Title: A Political Scientist Who Does Great Economics
Source:
Forbes
URL Source: http://www.forbes.com/2009/10/12/ec ... butors-thomas-c-schelling.html
Published: Oct 12, 2009
Author: Thomas C. Schelling
Post Date: 2011-07-01 01:43:27 by lucysmom
Keywords: Social Sciences
Views: 26593
Comments: 54
On the selection of Elinor Ostrom for the Frank E. Seidman Distinguished Award in Political Economy in 1997, I was invited to the award ceremony to say a few words. A colleague asked me who the recipient was, and I said "Elinor Ostrom." Ostrom pioneered the study of informal, non-governmental institutions that people invent to ration their use of the "commons," even in asymmetrical situations like upstream versus downstream occupants of a river bank. What is known as the "free rider" (non-cooperator) problem has found a number of solutions, voluntarily adopted, in a variety of cultures and environments. Elinor Ostrom "discovered" this subject and revealed it to us with examples ranging from the simple to the sophisticated. The Nobel prizes are intended to honor not lifetime achievement but specific discoveries or inventions. Elinor Ostrom is a perfect example. It has been remarked that she is the first woman to be awarded the prize in economic sciences. (Several women in other disciplines were awarded Nobels this year.) She is also the first political scientist, symbolizing that you don't need a Ph.D. from an economics department to do work that advances economic "sciences." Daniel Kahneman, who with Amos Tversky (deceased) pioneered what is now called "behavioral economics," is a psychologist at Princeton who received the Nobel recently.
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#1. To: Capitalist Eric (#0)
Have you figured out yet how political science relates to economics?
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
It involves killing brown people? Nobel laureate Thomas Schelling's little-known role in the Vietnam War.
Schelling was emerging as the pre-eminent game theorist when I was in school. Some of his work was inspired by John Nash and how competing forces eventually move to cooperation out of necessity. A guy named Nigel Gilbert melded some of Schelling's and Nash's game and market theories and created a module called "SimSoc" or simulated society. I was a participant in one such module in the Spring of 1982. I was later to observe a module in 1985 as part of my graduate work.
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
PING to above...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
It involves killing brown people? Too many words between Politics and Economics which is what people like Strauss Kahn (SEE ELite never go to jail for details BWAHAHAHAHAHA) are paid handsomely to put into the middle to confuse you and your kids. ROOM SERVICE has an entirely different meaning to the Elite. But Political Economics Bastiat. That book is censored BTW. Cause it's WAAAAY to educational for children. especially Starving children. And Starving children on drugs with guns is not an accident. It's a result. Attention Lucy'sMom with kids... Here's an example of Political economics. The US Banking System is Insolvent. The Elite control the Imperial Capital so they declare that the Elite Banksters like Mozillo need a Bailout. From Insolvency---Zero Interest Rates and loan that $$$ back to the Treasury at 3%. While the Bottom 90% get the higher Prices for commodities that are now being chased by this Zombie Money. That's Political Economics... Your children will be seeing perpetual war as a result. That's Political Economics. The Elite always take care of the Small People.... BUWAHAHAHAHAHAHA Now GET BACK TO WORK, PLEBES 8D
This dark side of Tom Schelling is also the dark side of social science—the brash assumption that neat theories not only reflect the real world but can change it as well, and in ways that can be precisely measured. Or it could be an economic theory that promotes unregulated free markets, trade, and opposes labor's right to organize for higher wages, better working conditions, and more benefits - not as overtly violent as war perhaps, but devastating none the less.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
That must have been interesting. Can we blame Schelling for reality TV?
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
HA...no...but I am actually good friends with whom you may blame. Come to think of it, since I went to college with him, I wonder if he had that class...need to ask him...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
I read somewhere that he did inspire the creator of the "Survivor Island" game.
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
"Suvivor" was ripped off from an episode of "Real World" in which several "housemates" conspired to "vote" another "housemate" out. They tried to take it to the producers who said "Get over yourselves. Conflict is good TV"
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
We actually should not know this. The sooner any reality based show information is no longer in our minds the better.
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
It is an end to which political science can be put, but it is not political economics which is the study of what is and how it works - sort of like what the study of physics is to "The Bomb".
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
HA...good point...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
When you talk to him, tell him I blame him.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
I tell him that all the time...as he's buying me a double cut porterhouse...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Every time I run across one of them shows, I shall think of you eating your steak.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Kewel!!!
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
It is an end to which political science can be put, but it is not political economics which is the study of what is and how it works - sort of like what the study of physics is to "The Bomb". Not clear. What is clear is that the Bottom 80% have been systematically stolen from, and placed hoplessly in debt by a crony capitalist ponzi scheme. And Political Economics trumps PoliSci everytime. Which is why the Top 50 000 are desperate not to offer degrees in it. "The stock market is up 100 percent from the lows reached in 2009 yet home prices have made new cycle lows. So you have to ask, what were those bailouts for in the first place? Just look above and you get a better sense. You will also have to remind yourself that a large percentage of financial wealth is aggregated in the hands of 1 percent of the population. This incredible income inequality rivals that of the 1920s. The trend of income inequality is only increasing: look-at-the-wealth-gap-grow
People have been screwing each other over since the garden of eden - political science isn't to blame for that.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Lefty Labor proved too greedy.
And having tons of fun doin' it. 8D That ain't the problem. The problem is thinking they're somehow different from yeast and that their Great White Cloud Father will forgive them (she will. that's her job;) and give them more to destroy ( she's all done with that one;). Time's up...
How many employees would it take to match the combined compensation of the top 209 CEOs? Answer, 102,000. www.bloomberg.com/news/20...-s-jobs-afl-cio-says.html But for you, it is labor that is too greedy - interesting. Why do you hate productive American workers?
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
His oil company employer tells him what to think?
You must be referring to Non-union workers....
When asked by a Liberal what I bought my Granddaughter for her 1st birthday I replied, "MORE AMMUNITION"!!!!
According to the theory of cognitive dissonance that either makes him a well paid lackey or a brain-washed pawn.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Nope. Only some one who wishes to see a docile working class would say that.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
I doubt he would have been in favor of the First Transcontinental being built either.
Any way you look at it, oil is an old technology.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
So are wheels. What is your point?
Nope. Only some one who wishes to see a docile working class would say that. No I prefer to see a productive working class, "MOST" union members just aren't ... takes 4 people to do 1 persons job..... and whine their asses off!!! It makes life much easier going someplace that requires "good" customer service if the workers there are smart/productive....
When asked by a Liberal what I bought my Granddaughter for her 1st birthday I replied, "MORE AMMUNITION"!!!!
My father was a union member.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
So was my dad, (Civil Service) two of my uncles, ( 1-GM and 1 state) all of the civilians who I supervised when I was in the military, and now me (private)... Seems to me you said he was a janitor??? I've seen all of the "different" (public/private/federal) unions over the years and know how they operate.... "MOST" of them are inefficient and whiny.... the only ones I've seen that are any good (private) are the ones who have to be "PRODUCTIVE" to keep their jobs..... Our latest contract we signed (May 11) has "NO" pay raises in it for the next 3 years... Why??? Because that is what the market will bear right now, why demand a raise so you can put yourself out of work..... In fact we all took a .20 cents per hour deduction from our base pay to put into our retirement fund... The balance was getting low from a lot of construction members being unemployed that last 2-1/2 years..... On top of that the amount of "HOURS" worked per month has fallen %50 in the last 10 years.... Ohio has lost over 500,000 jobs since 2000 and a good bit of them were union..... Ask all of the unemployed GM people if they are happy with their union!!!!! Don't be surprised if you hear a lot of 4 letter words from them about their bosses... Ask a private union guy what he thinks about being unemployed and he will cuss the Politicians up one side and down the other!!!!!
When asked by a Liberal what I bought my Granddaughter for her 1st birthday I replied, "MORE AMMUNITION"!!!!
That we should have been investing in transformational technologies like yesterday.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Nope, that was a friend's father. I've seen all of the "different" (public/private/federal) unions over the years and know how they operate.... "MOST" of them are inefficient and whiny.... My experience has been exactly the opposite. Think about it - if government pays as well as youse guys seem to think it does, with better benefits and job security than the private sector, then government is able to attract and retain better employees. Ask a private union guy what he thinks about being unemployed and he will cuss the Politicians up one side and down the other!!!!! They should be going after the bankers with pitch forks - they're the guys that inflated the bubble and profited when it popped.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Some jobs the federal government pays better, in other jobs the private sector pays better.... Take my job for instance I get paid to the tune of $4.00 to $13.50 an hr "better" than Government employees with the same job..... (And the private sector guys make about what I make, "If they have the knowledge")... It didn't used to be that way until about 5-6 years ago... The government decided their employees were being paid too much, and made changes to the pay structure... All new employees were hired in at a much lower starting wage than was traditional, and the top earners were "frozen in pay" (no raises whatsoever) until they retire (which could be 10-15 years).... And the newbys are frozen in "grade" until the older guys retire, hence less opportunity for wage and grade increases..... It used to be you could go from bottom grade to top grade in about 10 years, now maybe you never get there..... And the biggest kicker to all of this is now the government has to Sub-contract to guys like me, because the ones they employ (are not the best and brightest) can't do what I do because they don't know what I know..... SO.... now we're back to paying "TWICE" for services rendered!!!!! In fact to save a few dollars per hr in wages, now they pay me over $80 an hour to come in and do the same thing!!!!!(AS I said earlier Inefficient and you can add stupid to the mix)!!! The biggest draw to working for the government is "Phuck off" time, they get about double the paid vacation and 4 times the sick leave..... Pensions are about the same.... So it depends on your situation as to what you want, how productive your are, how smart you are and what part of the country you live in as to which job opportunity makes the most sense for you......
When asked by a Liberal what I bought my Granddaughter for her 1st birthday I replied, "MORE AMMUNITION"!!!!
They should be going after the bankers with pitch forks - they're the guys that inflated the bubble and profited when it popped They know who crawled into bed with the bankers and forced them to create this mess for political and monetary gain.......
When asked by a Liberal what I bought my Granddaughter for her 1st birthday I replied, "MORE AMMUNITION"!!!!
I do believe you've just proved my point - you get what you pay for.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Now the state and local governments haven't made any pay scale changes, and the same set of circumstances still exist there..... They are overpaying their employees and still having to sub-contract to me..... Do I need to add in the teachers to this mix?????? The USA used to be in the top 3 of education level in the world, now we are somewhere around #20...... Why is that????? Which leads us back to why the taxpayers are pissed off about how much some of these employees are getting paid, for what they get out of them..... and are supportive of the union collective bargaining busting legislature..... And I proved my point that not all union employees are the best and brightest, especially the government types!!!! But then again I could show you how some private sector union people aren't the best and brightest either...... You have to look no farther than GM...... paying people $30 an hr to do a job that has only a $10 per hr skillset...... So you can blame them for making you new car cost about double what it's actually worth!!!!!!!! Which translates to higher cost of living (COL) for "everybody" and your dollar doesn't go quite as far...... Hence the large amount of people in this country who are living below the poverty line instead of above it...... Which leads back to having to pay Welfare to those people and issue them food stamps..... We can do without some unions and the country would be better off for it......
When asked by a Liberal what I bought my Granddaughter for her 1st birthday I replied, "MORE AMMUNITION"!!!!
I didn't say they were. You have to look no farther than GM...... paying people $30 an hr to do a job that has only a $10 per hr skillset..... I once worked for a company that determined the skill set for a particular job was worth minimum wage. Most new hires stuck around only as long as it took them to find a better job. Lots of costly mistakes were made because employees weren't around long enough to move beyond the training phase. The company owner determined that workers were lazy and stupid - he whined "they say unemployment is high and we can't get people to work here." So you can blame them for making you new car cost about double what it's actually worth!!!!!!!! A car is worth exactly what some one is willing to pay for it. period!
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
A lot of it is due to the rest of the world catching up, but I can't believe we ever were in the top three. Most of the european countries have provided a better education especially in the languages, history and classics since the late forties. I will agree though that we educated more students.
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#2. To: lucysmom (#1)
Have you figured out yet how political science relates to economics?
#3. To: lucysmom (#1)
(Edited)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#4. To: socalv8 (#2)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#5. To: socalv8, lucysmom, and her kids, All (#2)
(Edited)
Have you figured out yet how political science relates to economics?
#6. To: socalv8 (#2)
It involves killing brown people?
#7. To: war (#3)
Schelling was emerging as the pre-eminent game theorist when I was in school. Some of his work was inspired by John Nash and how competing forces eventually move to cooperation out of necessity. A guy named Nigel Gilbert melded some of Schelling's and Nash's game and market theories and created a module called "SimSoc" or simulated society.
#8. To: lucysmom (#7)
Can we blame Schelling for reality TV?
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#9. To: lucysmom, war (#7)
Can we blame Schelling for reality TV?
#10. To: Godwinson (#9)
(Edited)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#11. To: war (#10)
#12. To: mcgowanjm (#5)
Your children will be seeing perpetual war as a result. That's Political Economics.
#13. To: Godwinson (#11)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#14. To: war (#8)
HA...no...but I am actually good friends with whom you may blame.
#15. To: lucysmom (#14)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#16. To: war (#15)
I tell him that all the time...as he's buying me a double cut porterhouse...
#17. To: lucysmom (#16)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#18. To: lucysmom (#12)
Your children will be seeing perpetual war as a result. That's Political Economics.
#19. To: mcgowanjm (#18)
#20. To: lucysmom (#6)
labor's right to organize for higher wages, better working conditions, and more benefits
At least the Right works to satisfy their greed...the Left's greed is aimed at other's work.
#21. To: lucysmom (#19)
People have been screwing each other over since the garden of eden - political science isn't to blame for that.
#22. To: socalv8 (#20)
Lefty Labor proved too greedy.
#23. To: lucysmom (#22)
Why do you hate productive American workers?
#24. To: lucysmom (#22)
Why do you hate productive American workers?
#25. To: mininggold (#23)
His oil company employer tells him what to think?
#26. To: CZ82 (#24)
You must be referring to Non-union workers....
#27. To: lucysmom (#25)
According to the theory of cognitive dissonance that either makes him a well paid lackey or a brain-washed pawn.
#28. To: mininggold (#27)
I doubt he would have been in favor of the First Transcontinental being built either.
#29. To: lucysmom (#28)
Any way you look at it, oil is an old technology.
#30. To: lucysmom (#26)
You must be referring to Non-union workers....
#31. To: CZ82 (#30)
No I prefer to see a productive working class, "MOST" union members just aren't ... takes 4 people to do 1 persons job..... and whine their asses off!!!
#32. To: lucysmom (#31)
My father was a union member.
#33. To: A K A Stone (#29)
What is your point?
#34. To: CZ82 (#32)
Seems to me you said he was a janitor???
#35. To: lucysmom (#34)
My experience has been exactly the opposite. Think about it - if government pays as well as youse guys seem to think it does, with better benefits and job security than the private sector, then government is able to attract and retain better employees.
#36. To: lucysmom (#34)
Ask a private union guy what he thinks about being unemployed and he will cuss the Politicians up one side and down the other!!!!!
#37. To: CZ82 (#35)
#38. To: lucysmom (#37)
I do believe you've just proved my point - you get what you pay for.
#39. To: CZ82 (#38)
And I proved my point that not all union employees are the best and brightest, especially the government types!!!!
#40. To: CZ82 (#38)
The USA used to be in the top 3 of education level in the world, now we are somewhere around #20...... Why is that?????
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