Barry R. Weingast
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Barry R. Weingast
Barry Robert Weingast (born September 1, 1952) is an American political scientist and economist, who is currently the Ward C. Krebs Family Professor at Stanford University and a Senior Fellow at the Hoover Institution. Weingast's research concentrates on the relationship between politics and economics, particularly economic reform, regulation, and the political foundation of markets. Early life He was born in Los Angeles, California. After his secondary education, he studied at the University of California, Santa Cruz where he obtained a B.A. in mathematics in June 1973. Thereafter, he moved on to graduate studies in economics at the California Institute of Technology, which awarded him a Ph.D. in June 1978 for his thesis, "A representative legislature and regulatory agency capture." Academic career Following his graduate studies, he became an assistant professor of economics at the Washington University in St. Louis (WUSTL) in 1977, where he also worked as a research associate a ...
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Barry Weingast - 2013
Barry may refer to: People and fictional characters * Barry (name), including lists of people with the given name, nickname or surname, as well as fictional characters with the given name * Dancing Barry, stage name of Barry Richards (born c. 1950), former dancer at National Basketball Association games Places Canada *Barry Lake, Quebec *Barry Islands, Nunavut United Kingdom * Barry, Angus, Scotland, a village ** Barry Mill, a watermill * Barry, Vale of Glamorgan, Wales, a town ** Barry Island, a seaside resort ** Barry Railway Company ** Barry railway station United States * Barry, Illinois, a city * Barry, Minnesota, a city * Barry, Texas, a city * Barry County, Michigan * Barry County, Missouri * Barry Township (other), in several states * Fort Barry, Marin County, California, a former US Army installation Elsewhere * Barry Island (Debenham Islands), Antarctica * Barry, New South Wales, Australia, a village * Barry, Hautes-Pyrénées, France, a commune Arts and ent ...
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Virginia Law School
The University of Virginia School of Law (Virginia Law or UVA Law) is the law school of the University of Virginia, a public research university in Charlottesville, Virginia. It was founded in 1819 by Thomas Jefferson as part of his "academical village" which became University of Virginia where law was one of the original disciplines taught. UVA Law is the fourth-oldest active law school in the United States and the second-oldest continuously operating law school. The law school offers the J.D., LL.M., and S.J.D. degrees in law and hosts visiting scholars, visiting researchers and a number of legal research centers. UVA Law is consistently ranked among the top 10 most prestigious law schools in the United States, and UVA Law is currently ranked 8th overall by '' U.S. News & World Report''. UVA Law has been ranked in the "T14" law schools ever since '' U.S. News & World Report'' began publishing rankings. UVA Law ranks 3rd in the number of alumni serving as general counsels a ...
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Rational Choice Theory
Rational choice theory refers to a set of guidelines that help understand economic and social behaviour. The theory originated in the eighteenth century and can be traced back to political economist and philosopher, Adam Smith. The theory postulates that an individual will perform a cost-benefit analysis to determine whether an option is right for them.Gary Browning, Abigail Halcli, Frank Webster (2000). ''Understanding Contemporary Society: Theories of the Present'', London: SAGE Publications. It also suggests that an individual's self-driven rational actions will help better the overall economy. Rational choice theory looks at three concepts: rational actors, self interest and the invisible hand. Rationality can be used as an assumption for the behaviour of individuals in a wide range of contexts outside of economics. It is also used in political science, sociology, and philosophy. Overview The basic premise of rational choice theory is that the decisions made by individua ...
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Regulation
Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology Biology is the scientific study of life. It is a natural science with a broad scope but has several unifying themes that tie it together as a single, coherent field. For instance, all organisms are made up of cells that process hereditar ... and society, but the term has slightly different meanings according to context. For example: * in biology, gene regulation and metabolic regulation allow living organisms to adapt to their environment and maintain homeostasis; * in government, typically regulation means stipulations of the delegated legislation which is drafted by subject-matter experts to enforce primary legislation; * in business, industry self-regulation occurs through self-regulatory organizations and trade associations which allow industries to set and enforce rules with less government involvement ...
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New Institutional Economics
New Institutional Economics (NIE) is an economic perspective that attempts to extend economics by focusing on the institutions (that is to say the social and legal norms and rules) that underlie economic activity and with analysis beyond earlier institutional economics and neoclassical economics. Unlike neoclassical economics, it also considers the role of culture and classical political economy in economic development. The NIE assume that individuals are rational and that they seek to maximize their preferences, but that they also have cognitive limitations, lack complete information and have difficulties monitoring and enforcing agreements. As a result, institutions form in large part as an effective way to deal with transaction costs. NIE rejects that the state is a neutral actor (rather, it can hinder or facilitate effective institutions), that there are zero transaction costs, and that actors have fixed preferences. Overview It has its roots in two articles by Ronal ...
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Political Economy
Political economy is the study of how economic systems (e.g. markets and national economies) and political systems (e.g. law, institutions, government) are linked. Widely studied phenomena within the discipline are systems such as labour markets and financial markets, as well as phenomena such as growth, distribution, inequality, and trade, and how these are shaped by institutions, laws, and government policy. Originating in the 16th century, it is the precursor to the modern discipline of economics. Political economy in its modern form is considered an interdisciplinary field, drawing on theory from both political science and modern economics. Political economy originated within 16th century western moral philosophy, with theoretical works exploring the administration of states' wealth; "political" signifying the Greek word '' polity'' and "economy" signifying the Greek word '; household management. The earliest works of political economy are usually attributed to ...
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Business And Politics
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated and e ...
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Public Choice (journal)
''Public Choice'' is a peer-reviewed academic journal covering the intersection of economics and political science. It was established in 1966 as ''Papers on Non-Market Decision Making'', obtaining its current name in 1968. It is published 16 times per year by Springer Science+Business Media and the editor-in-chief is William F. Shughart II (Utah State University). According to the ''Journal Citation Reports'', its 2015 impact factor is 0.900, ranking it 73rd out of 163 journals in the category "Political Science". See also * List of political science journals This is a list of political science journals presenting representative academic journals in the field of political science. A *''Acta Politica'' *''African Affairs'' *''American Journal of Political Science'' *''American Political Science Revi ... References External links *{{Official website, https://link.springer.com/journal/11127 Political science journals Springer Science+Business Media academic journals P ...
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Journal Of Policy Reform
A journal, from the Old French ''journal'' (meaning "daily"), may refer to: *Bullet journal, a method of personal organization *Diary, a record of what happened over the course of a day or other period *Daybook, also known as a general journal, a daily record of financial transactions *Logbook, a record of events important to the operation of a vehicle, facility, or otherwise *Record (other) *Transaction log, a chronological record of data processing *Travel journal In publishing, ''journal'' can refer to various periodicals or serials: *Academic journal, an academic or scholarly periodical **Scientific journal, an academic journal focusing on science **Medical journal, an academic journal focusing on medicine **Law review, a professional journal focusing on legal interpretation *Magazine, non-academic or scholarly periodicals in general **Trade magazine, a magazine of interest to those of a particular profession or trade **Literary magazine, a magazine devoted to literat ...
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Constitutional Political Economy
''Constitutional Political Economy'' is a quarterly peer-reviewed academic journal on constitutional economics published by Springer Science+Business Media. It was established in 1990 and appeared triannually, it has been a quarterly since 1996. The editors-in-chief are Roger D. Congleton (West Virginia University) and Stefan Voigt (University of Hamburg). History The journal was established in 1990 by Richard E. Wagner and . It was published by the Center for Study of Public Choice until 1995, when Kluwer Academic Publishers took over. Wagner and Vanberg coedited the journal until 1997, when Dennis Mueller joined the editorial team. In 1998, Wagner retired from editorship and was succeeded by Peter Ordeshook. In 2002, Viktor Vanberg retired as editor and was succeeded by Alan Hamlin Alan Patrick Hamlin (born 25 March 1951) is a British economist and political theorist. Hamlin attended Bristol Grammar School 1962-69 and earned a bachelor's degree in economics at the Unive ...
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Journal Of Institutional And Theoretical Economics
A journal, from the Old French ''journal'' (meaning "daily"), may refer to: *Bullet journal, a method of personal organization *Diary, a record of what happened over the course of a day or other period *Daybook, also known as a general journal, a daily record of financial transactions *Logbook A logbook (or log book) is a record used to record states, events, or conditions applicable to complex machines or the personnel who operate them. Logbooks are commonly associated with the operation of aircraft, nuclear plants, particle accelera ..., a record of events important to the operation of a vehicle, facility, or otherwise *Record (other) *Transaction log, a chronological record of data processing *Travel journal In publishing, ''journal'' can refer to various periodicals or serial (publishing), serials: *Academic journal, an academic or scholarly periodical **Scientific journal, an academic journal focusing on science **Medical journal, an academic journal focusing on m ...
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Economic History Association
The Economic History Association (EHA) was founded in 1940 to "encourage and promote teaching, research, and publication on every phase of economic history and to help preserve and administer materials for research in economic history". It publishes '' The Journal of Economic History'' with the Cambridge University Press, holds an annual meeting that usually takes place in September, and awards prizes and grants. It is also the home to the ''EH.Net Encyclopedia of Economic and Business History''. Membership There are more than 1,000 EHA members worldwide, and composed of faculty and graduate students from universities around the world, as well as economists in the private sector and in government. Michael Haupert of the University of Wisconsin-La Crosse is the Executive Director, and John Wallis is the President. Previous EHA Presidents include Oxford's Robert C. Allen, Vanderbilt's Jeremy Atack, UC Berkeley's Barry Eichengreen, Yale's Naomi Lamoreaux, as well as Econo ...
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