Economics Essays For 2013

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As a result, the superstar experts of that era were those with special expertise in those areas.

And policymakers who could combine an understanding of both, such as Kissinger, George Kennan, and Zbigniew Brzezinski, ascended to the top of the heap, winning the admiration of both politicians and the public.

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The Department of Economics will offer a new course in spring 2014, on Tuesdays -, entitled Faculty Research in Economics, led by Professor Bruce Hamilton.

Once the Cold War ended, however, geopolitical and ideological issues faded in significance, overshadowed by the rapidly expanding global market as formerly socialist countries joined the Western free trade system. Federal Reserve Chairman Alan Greenspan and the headline “The Committee to Save the World.” In the three decades since the end of the Cold War, economics has enjoyed a kind of intellectual hegemony.

All of a sudden, the most valuable intellectual training and practical experience became economics, which was seen as the secret sauce that could make and unmake nations. It has become first among equals in the social sciences and has dominated most policy agendas as well.

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Professor Takeshi Amemiya will give a lecture, “Econometric Reflections plus My Recent Interest in Ancient Greek and Chinese History” on Thursday, October 24, at pm in Mergenthaler Hall Room 111.

Professor Amemiya is the author of many celebrated classics in econometrics on limited dependent variable models, nonlinear simultaneous equations, and instrumental variables, as well as his 1985 textbook Advanced Econometrics which was the leading advanced text of its time.


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