* List of Washington University faculty and staff: economist and Nobel Memorial Prize winner Douglass North ; husband and wife biochemists and co-Nobel Prize winners Carl and Gerty Cori ; physicist and Nobel Prize winner Arthur Holly Compton ; novelists Stanley Elkin and William Gass ; poets Carl Phillips and Mary Jo Bang ; architect Fumihiko Maki ; neurologist and Nobel Prize winner Rita Levi-Montalcini ; sex researchers William Masters and Virginia Johnson ; Poets Laureate Howard Nemerov and Mona Van Duyn ; sociologist and " outlaw Marxist " Alvin Ward Gouldner ; attorney, former Counsel to Vice-President Al Gore and former Tennessee Attorney General Charles Burson ; writer and culture critic Gerald Early ; Economist, and former Chair of President Ronald Reagan's Council of Economic Advisors, Murray Weidenbaum ; chemist Joseph W. Kennedy, co-discoverer of the element plutonium ; computer scientist Jonathan S. Turner, internationally renowned expert in computer networking ; computer scientist Raj Jain, pioneer in the field of network congestion ; and Law Professor Troy A. Paredes, currently on leave as a commissioner of the SEC.

Economist Ronald Wintrobe argues that many extremist movements, even though having completely different ideologies share a common set of characteristics.

" This is accompanied by a cartoon tombstone, which reads " Ronald McDonald ( 1954 – 2012 )", which originally appeared in The Economist in an article addressing the ethics of marketing to children.

Economist Paul Krugman in The Conscience of a Liberal ( 2007 ) extensively discusses the subtle use of dog-whistle political rhetoric by William F. Buckley, Jr., Irving Kristol and Ronald Reagan in building the rightist " movement conservatism ".

In 1991, James Fallows argued in The Washington Post that The Economist suffers from British class snobbery, pretentiousness, and simplistic argumentation, and " unwholesomely purveys smarty-pants English attitudes on our shores ".

Economist Joseph Schumpeter, who contributed greatly to the study of innovation, argued that industries must incessantly revolutionize the economic structure from within, that is innovate with better or more effective processes and products, such as the shift from the craft shop to factory.

Economists such as Tim Harford in the Undercover Economist have argued that this is a form of price discrimination: by providing a choice between a regular and premium product, consumers are being asked to reveal their degree of price sensitivity ( or willingness to pay ) for comparable products.

The Economist argued in a 1998 article that the Depression did not start with the stockmarket crash.

They argued that if 0. 06 % of Americans between 19 and 65 were to sell one kidney, the national waiting list would disappear ( which, the Economist wrote, happened in Iran ).

The Economist argued that donating kidneys is no more risky than surrogate motherhood, which can be done legally for pay in most countries.

The Economist magazine praised Sowell's books Affirmative Action Around the World as " terse, well argued and utterly convincing " and " crammed with striking anecdotes and statistics " and Economic Facts and Fallacies: " Mr Sowell marshals his arguments with admirable clarity and authority.

Economist Paul Mattick argued that the subjective theory of value leads to circular reasoning.

Economist F. A. Hayek has argued that the second generation concept of " social justice " cannot have any practical political meaning:

The Economist argued that its Big Mac Index in July 2011 indicated an overvaluation of 98 % over the dollar and cited Swiss companies releasing profit warnings and threatening to move operations out of the country due to the strength of the franc.

) Economist James Meade argued that even in a simple case of a beekeeper's bees pollinating a nearby farmer's crops, Coasean bargaining is inefficient.

Economist Leon Keyserling argued that the liberal task was to spread the benefits of abundance throughout society by stimulating economic growth.

Economist Thomas Mayer has argued that Austrian economists have advocated a rejection of scientific methods which involve directly using empirical data in the development of ( falsifiable ) theories ; application of empirical data is fundamental to the scientific method.

Economist Jeffrey Sachs has also argued for bondholder haircuts: " The cheaper and more equitable way would be to make shareholders and bank bondholders take the hit rather than the taxpayer.

Economist John Maynard Keynes in 1936 argued that there are many reasons why the self-correcting mechanisms that many economists claimed should work during a downturn might not work.

Walter Bagehot of The Economist newspaper in London argued that the new nation should be called ' Northland ' or ' Anglia ' instead of Canada.

Economist Amir Sufi at the University of Chicago argued in July 2011 that a high level of household debt was holding back the U. S. economy.

Economist Joseph Stiglitz argued for a rapid bankruptcy process for homeowners, to allow debts to be written down.

The Economist magazine praised the book as " terse, well argued and utterly convincing " and " crammed with striking anecdotes and statistics.

In its report on the study, The Economist argued that the causes of this health inequality include lifestyles-smoking remains more common, and obesity is increasing fastest, amongst the poor in Britain.

The Economist argued for laissez-faire policies, in which self-sufficiency, anti-protectionism and free trade, not food aid, were in the opinion of the magazine the key to helping the Irish live through the famine which killed approximately one million people.

The Economist has long argued for the legalisation of drugs, calling it the " least bad solution " in a 2009 issue.

Others, including The Economist and the Congressional Budget Office, point out that the Social Security system as a whole is progressive in the lower income brackets ; individuals with lower lifetime average wages receive a larger benefit ( as both a percentage of their lifetime average wage income and a percentage of Social Security taxes paid ) than do individuals with higher lifetime average wages.

Sociologist and Economist Thorstein Veblen's Theory of the Leisure Class illustrates how individuals imitate other group members of higher social status in their consumer behavior.

In the words of Geoffrey Crowther, then editor of The Economist, " If the economic relationships between nations are not, by one means or another, brought fairly close to balance, then there is no set of financial arrangements that can rescue the world from the impoverishing results of chaos.

Economist Thomas DiLorenzo suggests that this experience was crucial to Bastiat's later work since it allowed young Frédéric to acquire first-hand knowledge of how regulation can affect markets.

Abdullahi Mohammed Hussein of Telecom Somalia explained this by stating that " the government post and telecoms company used to have a monopoly but after the regime was toppled, we were free to set up our own business ", The Economist cited the telephone industry in anarchic Somalia as " a vivid illustration of the way in which governments … can often be more of a hindrance than a help.

Each year, well-known business publications such as Business Week, The Economist, U. S. News & World Report, Fortune, Financial Times, and The Wall Street Journal publish rankings of selected MBA programs that, while controversial in their methodology, nevertheless can directly influence the prestige of schools that achieve high scores.

The names of The Economist editors and correspondents can be located, however, via the media directory pages of the website.

The Economist obituary on Haughey ( 24 June 2006 ) asserted that he had warned the bank " I can be a very troublesome adversary ".

In 1975 The Economist warned that " You can make a bomb with a few pounds of plutonium.

The Journal's views can be compared with those of the British publication The Economist with its emphasis on free markets.

Economist Lawrence W. Reed says that a government can cause a coercive monopoly without explicitly banning competition but by " simply privileges, immunities, or subsidies on one firm while imposing costly requirements on all others.

The Economist also suggested it can enable economies to become less dependent on fossil fuels.

Carsharing contributes to sustainable transport because it is a less car intensive means of urban transport, and according to The Economist, carsharing can reduce car ownership at an estimated rate of one rental car replacing 15 owned vehicles.

You can take part in a student project to define the Green Economy in the run-up to the Rio + 20 conference on the Green Economist website.

The Economist wrote, “ WINS is a place where, for the first time, those with the practical responsibility for looking after nuclear materials — governments, power plant operators, laboratories, universities — can meet to swap ideas and develop best practices .”

Quentin Stafford-Fraser, founder of the organisation, told The Economist " We can make computing more affordable by sharing it ".

Others, such as American economist Robert Shiller of the Case-Shiller Home Price Index of home prices in 20 metro cities across the United States, indicated in May 31, 2011 that a " Home Price Double Dip Confirmed " and British magazine The Economist, argue that housing market indicators can be used to identify real estate bubbles.

Digital editions of The Economist can be read on devices including the iPad, iPhone and Kindle, and on Android smartphones, and an iPad application of Intelligent Life is available.

The Economist comments that Avaaz has had " some spectacular successes " but raises questions about what objective measures can be used to assess " the reach of a global e-protest movement ".

The Economist wrote, " The billionaire businessman is usually seen as one of the post-September 11th winners ( if such a word can be so used ): he would probably have lost the mayoralty to Mark Green, a leftish Democrat, had the terrorist strike not happened.