John Bates Clark Medal Essays

In recent discussions of income inequality, a controversial issue has been whether income inequality is more beneficial than detrimental to today’s socioeconomics. On the one hand, some argue that income inequality leads to economic inequality. From this perspective, Jacob Kornbluth, director of the 2013 documentary, Inequality for All, focuses on why economic inequality is happening concerning the distribution of wealth and income, and if it is a problem. On the other hand, however, others argue

Milton Friedman was an American economist and statistician best known for his strong belief in free-market capitalism. During his time as professor at the University of Chicago, Friedman developed numerous free-market theories that opposed the views of traditional Keynesian economists. A diminutive man known for his strong-willed and combative style, Mr. Friedman provided the intellectual foundations for the anti-inflation, tax-cutting and antigovernment policies of President Ronald Reagan and British

Superfreakonomics is a unique economics book that tackles a diverse range of topics written by Steven D. Levitt and Stephen J. Dubner. The book is based solely on facts, and seldom, if not, never deviates to personal opinions. Due to the themes mentioned in this book, it is recommended for High School students who are mature and would like to further their learning in the area of economics with an engrossing book. Superfreakonomics is an interesting book to read. One of the factors that aids the

1. Summaries: a. Intro: There is a hidden side to everything, no matter what it is in the world of economics. There is a disparity in morality and reality—morality is how we want the world to work, and reality or economics is how the world actually works. Book goes on to layout Freakonomics and define unusual phenomena that later become chapters. b. Chapter 1: This chapter talks about how everyone, no matter income level or kind, has an incentive to cheat to do just a little better. Schoolteachers

Reeve wrote a picture-book poem, NOBODY OWNS THE SKY. It is illustrated by Pamela Paparone. Published January 6, 1998 by Candlewick Press in Cambridge Massachusetts. Reeve says that Bessie never let her dream die and instead, became the first licensed African American aviator in the world. In her poem, NOBODY OWNS THE SKY, she wrote these words: The air has no barrier, boundary, or wall. The blue sky has room for us all. Bessie’s life was not long, but she flew far and wide; In Chicago, she showed