In Shadish (2010) and West and Thoemmes (2010), the authors contrasted 2 approaches to causality. The first originated in the psychology literature and is associated with work by Campbell (e.g., Shadish, Cook, & Campbell, 2002), and the second has its roots in the statistics literature and is associated with work by Rubin (e.g., Rubin, 2006). In…

Argues that quotas are an inefficient means of achieving protectionist goals. Elaborates that, for a given distortion of trade, national income will be lower, and for a given configuration of political-economic forces, the market for protection will yield a worse distortion under a quota regime. (BSR)

The influence of childbearing on a family's ability to accumulate assets is examined in this paper. The first section presents a theoretical framework for analyzing the evolving life-time process of asset accumulation. This model highlights the principal factors that determine life cycle paths of consumption, income, savings, and the time…

Unlike other economic goods whose worth can be determined through market research, the market place for information denies the creator of that information the preferences of consumers. Copyright may be considered partial compensation. Copyright, however, is not an aspect of information per se, but rather a result of the way the information is…

This chapter introduces the key economic concepts, models, and methods that can help inform institutional research in higher education. (Contains 1 table and 9 figures.)

Food production plays a central role in every national economy. In the United States, the family farm system of agriculture has added special symbolic weight to this economic role. The national debate over appropriate agricultural policies now includes more interested parties than ever before. Environmentalists, consumer advocates, taxpayers,…

Different opinions as to what "economic education" means and negative public opinion toward business are discussed with relation to appropriate delivery systems for secondary economic education. Stating that we have a nation of economic illiterates, the authors examine economic instruction on the job and integrating economic education into other…

Economic education can help elementary and secondary school students understand the dynamics of the American free enterprise system and the relationships among consumer, producer, and government. The economic education curriculum will help students most if it is structured as an upward spiral in which basic economic concepts are built upon and…