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Topic: Peter Temin


In the News (Tue 22 Dec 09)

  
  Peter Temin - Wikipedia, the free encyclopedia
Peter Temin (born 1937) is a widely cited economist and economic historian, currently Elisha Gray II Professor of Economics, MIT and former head of the Economics Department.
Temin graduated with highest honors from Swarthmore College in 1959 before earning his Ph.D. at MIT in 1964.
Two of Dr. Temin's most cited conclusions in this area are on the relationship of Labor scarcity to economic development, and the role of General equilibrium models in studying economic history.
en.wikipedia.org /wiki/Peter_Temin   (363 words)

  
 Elites, Minorities, and Economic Growth
Moreover, the editors -- Elise Brezis of Bar-Ilan University and Peter Temin of MIT -- note that the literature which does exist is fragmented: not only do students of one society rarely draw parallels with elite or minority behavior elsewhere, but sociologists and economists approach these issues from different angles and thus rarely interact.
Peter Temin asks whether the recruitment of the American economic elite is as "democratic" as is commonly believed.
Temin takes the fact that CEOs are on average three inches taller than the rest of the population as further evidence that they came from a privileged background; a more powerful explanation may lie in the commonly observed (in psychological studies) fact that people tend to view the tall as more trustworthy and capable.
www.eh.net /bookreviews/library/0354.shtml   (1510 words)

  
 Interpretations
Peter Temin argues that if a change in money is autonomous, that is, not caused by a change in income, "then we should be able to observe a temporary [change] in the rate of interest on assets bearing some resemblance to money."
Temin attributes much of the decline in spending during this period to an autonomous and unexplained drop in consumption.
Temin argues that an autonomous decrease in money should cause short-term interest rates to rise as people sell short-term assets trying to regain their lost money balances, while Friedman and Schwartz argue that when a banking panic reduces money, the desire for safe, liquid assets causes people to buy short-term assets.
ingrimayne.saintjoe.edu /econ/monetaryhistory/Interpretations.html   (1018 words)

  
 Online NewsHour: Phone Mergers -- May 11, 1998
PETER TEMIN, MIT: Well, the telephone system was broken up in the 80's, separating long distance and local, but the break-up did not specify how many local companies there had to be.
PETER TEMIN: Well, what is going to happen is increasingly for the business customer, for the high end customer who wants lots of services, high speed, wide band access, there will be more competition.
PETER TEMIN: I don't think that I was quoted as saying that half the people would be disadvantaged.
www.pbs.org /newshour/bb/business/jan-june98/merger_5-11.html   (2249 words)

  
 NCPA - Daily Policy Digest - When the Market Was Down in Babylon
According to economic historian Peter Temin of the Massachusetts Institute of Technology, ancient Babylonian trading markets were as volatile as our own.
Temin suggests that the generals, by using Alexander's treasure to fund armies, increased government spending, causing inflation.
Temin found that prices followed what is known as a "random walk," which is also a feature of contemporary stock markets.
www.ncpa.org /iss/eco/2002/pd012102f.html   (295 words)

  
 Political Science and the FDA
Peter Temin’s Taking Your Medicine[16] is a more general history than Wood’s, and it is unique in the way he uses the history of food and drug regulation in conjunction with a psycho-social model of politics to understand FDA decision-making.
For example, Temin states that “the Depression and the war induced a desire for more directed behavior.”[22] The increasing pace of drug discoveries (including sulfa drugs in the 1930s and antibiotics after the war) made expert guidance more necessary.
Thus, according to Temin, the 1938 FDCA was designed to establish a hierarchic structure to accommodate the growing culture of command-model decision-making.
leda.law.harvard.edu /leda/data/358/Hermes.html   (6545 words)

  
 Klio2002/3/040
Temin, a Massachusetts Institute of Technology kutatója Slotsky adatbázisát a piaci mechanizmusok jelenlétének igazolása céljából vizsgálatnak vesse alá.
Ez alapján Temin elsőként a vizsgálat fő szempontjait határozta meg: 1.
A negyedik kérdés (relatív eltérések) teszteléséhez Temin az előző modellt fejlesztette tovább, ún.
www.c3.hu /~klio/klio023/klio041.html   (1169 words)

  
 Straining at the Anchor: The Argentine Currency Board and the Search for Macroeconomic Stability, 1880-1935
Reviewed for EH.NET by Peter Temin, Department of Economics, Massachusetts Institute of Technology.
But we still await a book that will explain why this promising country of the early twentieth century is such a problem for the early twenty-first.
Peter Temin is a former president of the Economic History Association.
eh.net /bookreviews/library/0477.shtml   (1195 words)

  
 FTE - Recommended Readings
Temin, 1994) think that the Smoot-Hawley tariff seriously weakened the American economy.
Finally, there is a set of explanations referred to as the spending hypothesis, that focuses on specific types of spending.
Thus Temin (1976) argues that in 1930 there was an autonomous and inexplicable drop in consumption.
www.fte.org /teachers/readings.htm   (6671 words)

  
 Books on Peter Temin   (Site not responding. Last check: 2007-10-01)
The authors describe how, short of staple crops, colonial New Englanders turned to the sea and built an empire; and how the region became the earliest home of the textile industry as commercial fortunes underwrote new industries in the nineteenth century.
Temin weaves the strands of politics, economics, business, and law into an accessible narrative history that will be of interest to the general reader who wants to know about government business interaction and how it affects American citizens.
Temin portrays divestiture as a great experiment in public policy, competition, openness, and international policy.
books.bankhacker.com /Peter+Temin   (1001 words)

  
 ★ Reviews for Temin,_Peter
Temin argues that a confusion over pricing structures between inter- and intra- state exchanges dating to the New Deal, combined with FCC decisions which allowed entrants into segments of the regulated monopolies businesses forced government action in the late 1970's.
Temin's key is the misunderstanding of how to allocate the cost of long distance calls as a proportion of the service provided by local switching equipment.
When it stuck to its role as "the efficient operator of the national telephone network," (Temin, p.27) it was accused of denying access to competitors.
authors.booksunderreview.com /T/Temin,_Peter   (1019 words)

  
 America in international context
Peter Temin, "Free Land and Federalism: A Synoptic View of American Economic History", Journal of Interdisciplinary History, 21 (Winter 1991).
Douglas Irwin and Peter Temin, "The antebellum tariff and cotton textiles revisited" and Harley "The antebellum tariff" JEcH 61 (June 2002), pp.
However, Peter Temin pointed out a logical problem when the issues is approached in economists' terms.
www.history.ox.ac.uk /ecohist/synopses/1a_economic_business/america_international_context.htm   (2632 words)

  
 BW Online | June 10, 2002 | "Inferior Equilibrium" in Teachers' Pay
Temin cites work by Richard Murnane, a professor at the Harvard Graduate School of Education, who found that teachers with high test scores quit teaching sooner than those who did less well.
In Temin's view, years of low pay have dropped the quality of the teaching pool to the point where many of today's teachers aren't up to the job of educating the next generation.
Argues Temin: "We are in danger of losing the educational advantage that the U.S. enjoyed in the 20th century." Sometimes simple solutions come in complicated packages.
www.businessweek.com /bwdaily/dnflash/jun2002/nf20020610_7829.htm   (1081 words)

  
 [origo] Tudomány - Nagy Sándor halála gazdasági válsághoz vezetett
Peter Temin, az MIT (Massachusetts Institute of Technology) munkatársa összesen háromezer, egytől egyig Kr.
Temin szerint a tábornokok Nagy Sándor kincsét seregeik támogatására fordították, ezüstpénzt bocsátottak ki, így inflációs folyamatot indítottak el.
Temin arra az eredményre jutott, hogy az éppen aktuális árak nem igazítottak el a jövő árai felől - sokkal inkább véletlenszerű utat jártak be.
www.origo.hu /tudomany/tarsadalom/20020108nagy.html   (470 words)

  
 what's new
Peter Temin, Hans-Joachim Voth, "Financial Repression in a Natural Experiment: Loan Allocation and the Change in the Usury Laws in 1714".
Peter Temin, Hans-Joachim Voth, "Riding the South Sea Bubble", American Economic Review (2004), December.
Peter Temin, Hans-Joachim Voth, "Credit Rationing and Crowding Out During the Industrial Revolution: Evidence from Hoare's Bank, 1702-1862", forthcoming, Explorations in Economic History (2005).
www.econ.upf.es /~voth/whatsnew.html   (290 words)

  
 »»depression-economics Reviews««
At the same time, Temin's logic which made him say (A) above is based upon a coarse (and probably wrong) interpretation of Friedman's another article, ''Money and Business Cycles''.
Temin tries to write, that I was able to finish the book and enjoy it for all that it taught me. While he doesn' talk about simple issues, he does talk about important ones.
Temin's account of the Great Depression differs in almost every from the standard texts.
www.financial-book-review.com /demographics/depression-economics/depression-economics_5.html   (1500 words)

  
 AMERICAN ECONOMIC DEVELOPMENT   (Site not responding. Last check: 2007-10-01)
This course examines the economic development of the United States from colonial times through the mid-Twentieth Century and uses elementary economic analysis as a tool for illuminating historical events and their economic origins and consequences.
Peter Temin, "The Economic Consequences of the Bank War," Journal of Political Economy (March 1968): 257-74.
Peter Lindert, "The Rise of Social Spending, 1880-1930," Explorations in Economic History (January 1994): 1-37.
www.towson.edu /~tsulliv/303.html   (956 words)

  
 Amazon.com: Did Monetary Forces Cause the Great Depression?: Books: Peter Temin   (Site not responding. Last check: 2007-10-01)
Peter Temin's answer to the title of his book is NO.
Peter Temin's book is an important and extremely balanced econometric study.
However, it is hard to say that Temin responded to Friedman's main contention properly.
www.amazon.com /exec/obidos/tg/detail/-/0393092097?v=glance   (764 words)

  
 calendar2
Peter Temin, MIT and Vice President of the EEA introduces Joseph
Peter Temin, MIT and Vice President of the EEA introduces Henry J. Aaron,
Peter Temin, MIT and Vice President of the EEA introduces Alice
www.iona.edu /eea/conf2000/calendar2.htm   (581 words)

  
 Engines of Enterprise : HBS Working Knowledge   (Site not responding. Last check: 2007-10-01)
"Economists are no better than weather forecasters at predicting the future," writes MIT economist Temin in the introduction to this history of the New England economy.
These include: New England's entry into the Atlantic economy; the invention of American capitalism; rapid industrialization; slavery and population growth in colonial New England; the region's reinvention of itself in the power-World War II economy.
Mostly, it's a story of change: "The economic history of New England," writes Temin, "is as dramatic as the transformation of any region on earth."
hbswk.hbs.edu /book-review.jhtml?id=1838&t=bizhistory   (204 words)

  
 CRR Issues in Brief
While this approach may be more acceptable politically, it obscures the expected pattern of returns and may produce misleading assessments of alternative financing proposals, since the appropriate uniform rate to use for projection purposes depends on the investment policy being evaluated.
*Peter Diamond is an Institute Professor at the Massachusetts Institute of Technology.
The author is grateful to John Campbell, Alicia Munnell and Jim Poterba for extended discussions and to Andy Abel, Dean Baker, Olivier Blanchard, John Cochrane, Andy Eschtruth, Steve Goss, Joyce Manchester, Peter Orszag, Bernie Saffran, Jeremy Siegel, Tim Smeeding, Peter Temin and Joe White for helpful comments.
www.bc.edu /centers/crr/ib_2.shtml   (1914 words)

  
 t a c i t u s || On Globalization & Hegemony...   (Site not responding. Last check: 2007-10-01)
In examining the Early Roman Empire, for instance, Peter Temin finds that "ancient Rome had an economic system that was an enormous conglomeration of independent markets." Given that much of the trade he describes was long distance (i.e.
Temin argues that a large proportion of transactions were market driven, which implies that the parties would have tried to transact regardless of political realities.
But many transactions he describes, such as the pooling of risk between shippers and the sharing of shipping risk with lenders, would clearly be impossible if a high degree of political or NGO (i.e.
www.tacitus.org /story/2005/1/4/11043/31744   (2668 words)

  
 Literaturverzeichnis SE SoSe03
David, Paul, und Peter Temin, Slavery: the progressive institution?, in: Journal of Economic History 34 (1974), 739-783.
David, Paul, und Peter Temin, Explaining the relative efficiency of slave agriculture in the Antebellum South: a comment, in: American Economic Review 69 (1979).
Wood, Peter H., ‘I did the best I could for my day’: the study of early fl history during the second reconstruction, 1960 to 1976, in: William and Mary Quarterly 35 (1978).
www.univie.ac.at /Wirtschaftsgeschichte/Cerman/Ss03/SELitver.htm   (2880 words)

  
 Economics Department to Initiate Optional Thesis   (Site not responding. Last check: 2007-10-01)
The requirement for those who choose not to write a thesis will be an extra elective subject, he said.
Professor Peter Temin '64, head of the department, said that the thesis was made optional because the department "discovered it's not always a useful experience." He noted that the economics department will continue to offer the Undergraduate Thesis Seminar (14.39), which prepares students for writing their thesis during the fall semester.
Temin said the department hopes students will be able to "self-select appropriately" whether or not they should write a thesis.
www-tech.mit.edu /V112/N11/economics.11n.html   (601 words)

  
 --[ Libertarian International. Network of liberty-minded individuals and organizations in Europe. ]--
The employee share of corporate income did not decline, but instead steadily increased during the 1920s-from under 70 percent in 1920 to well over 70 percent during the last years of the decade.6
As Peter Temin, an economist at MIT, concluded, "The ratio of consumption to national income was not falling in the 1920s.
To boost consumption, the New Deal had given some kind of government subsidy to farmers, factory workers, veterans, and even silver miners.
www.libertarian.to /NewsDta/templates/news1.php?art=art103   (1020 words)

  
 HCFO: State Financial Crisis Leading to Transformation of Health Benefits
Since states purchase health care for more than 4 million employees and retirees and millions more dependents, the effects of this crisis on health benefits offered to state employees is far reaching.
In the March/April issue of Health Affairs (www.healthaffairs.org), James Maxwell, Ph.D., at JSI Research and Training Institute, Inc., in Boston and Peter Temin, Ph.D., professor of economics at the Massachusetts Institute of Technology present the results of a survey documenting the purchasing practices of all 50 states and the District of Columbia.
However, as Peter Temin states, "These cost-sharing strategies, in the context of rising health care costs and declining state budgets, have resulted in a loss of real wages for state employees, and hit low-income employees particularly hard."
www.hcfo.net /030904.htm   (813 words)

  
 SSRN-Financial Intermediation in the Early Roman Empire by Peter Temin
SSRN-Financial Intermediation in the Early Roman Empire by Peter Temin
This exercise reveals the extent to which the Roman economy resembled more recent societies and sheds light on the prospects for economic growth in the Roman Empire, for good financial markets and institutions help people who have ideas for production get resources to implement those ideas.
Temin, Peter, "Financial Intermediation in the Early Roman Empire" (November 2002).
papers.ssrn.com /sol3/papers.cfm?abstract_id=348103   (310 words)

  
 Amazon.ca: Lessons from the Great Depression: Books   (Site not responding. Last check: 2007-10-01)
It describes the causes of the depression, why it was so widespread and prolonged, and what brought about eventual recovery.
Peter Temin also finds parallels in recent history, in the relentless deflationary course followed by the U.S. Federal Reserve Board and the British government in the early 1980s, and in the dogged adherence by the Reagan administration to policies generated by a discredited economic theory - supply-side economics.
Peter Temin is Professor of Economics at MIT.
www.amazon.ca /exec/obidos/ASIN/0262700441   (277 words)

  
 Ecobook librería de economia | Libro: The World Economy and National Economies in the Interwar Slump.
The functioning of the gold standard has been at the heart of explanations of the interwar depression, particularly as a result of the research of Professors Barry Eichengreen and Peter Temin.
In this volume, the interaction between the gold standard and the Great Depression in seven countries is examined by an international team of economists and economic historians.
The editor's introduction critically evaluates the Eichengreen Temin thesis and Eichengreen and Temin themselves contribute an afterword.
www.ecobook.com /fichalibro.php?ID=851312   (126 words)

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