In 2010, Cuba was deemed the only " authoritarian regime " in the Americas by The Economists 2010 Democracy Index.

He is also a Andrew D. White Professor-at-Large ( 2007 – 2013 ) at Cornell University and is currently ( 2010 – 2011 ) President of the Association of Environmental and Resource Economists ( EAERE ).

Dasgupta has been honoured by elections as: Fellow of the Econometric Society ( 1975 ); Fellow of the British Academy ( 1989 ); Fellow of the Royal Society ( 2004 ); Member of the Pontifical Academy of Social Sciences ( 1997 ); Fellow of the Academy of Science for the Developing World ( formally the Third World Academy of Science ), TWAS, 2001 ; Member of Academia Europaea ( 2009 ); Foreign Member of the Royal Swedish Academy of Sciences ( 1991 ); Foreign Honorary Member of the American Academy of Arts and Sciences ( 1991 ); Foreign Associate of the US National Academy of Sciences ( 2001 ); Foreign Member of the American Philosophical Society ( 2005 ); Foreign Member of Istituto Veneto di Scienze, Lettere Arti ( 2009 ); Honorary Fellow of the London School of Economics ( 1995 ); Honorary Fellow of Trinity College, Cambridge ( 2010 ); Honorary Member of the American Economic Association ( 1997 ); Distinguished Fellow, CES, University of Munich, 2011 ; and President of the Royal Economic Society ( 1998 – 2001 ), the European Economic Association ( 1999 ), Section F ( Economics ) of the BA ( British Association for the Advancement of Science ) Festival of Science ( 2006 ), and the European Association of Environmental and Resource Economists ( 2010-2011 ).

Dasgupta was named Knight Bachelor by Her Majesty Queen Elizabeth II in 2002 in her Birthday Honours List for services to economics ; was co-recipient ( with Karl Goran Maler ) of the 2002 Volvo Environment Prize ;; co-recipient ( with Geoffrey Heal ) of the Association of Environmental and Resource Economists ' " Publication of Enduring Quality Award 2003 " for their book, Economic Theory and Exhaustible Resources ; recipient of the John Kenneth Galbraith Award, 2007, of the American Agricultural Economics Association ; and recipient of the Zayed International Environment Prize ( II: scientific and technological achievements ) in 2010.

Top 25 % Institutions and Economists in Taiwan as of December 2010

* The Economists Big Mac Index consistently shows fourfold differentials in the burger's price.

Economists Samuel Bowles and Herbert Gintis famously argued in 1976 that there was a fundamental conflict in American schooling between the egalitarian goal of democratic participation and the inequalities implied by the continued profitability of capitalist production on the other.

The yen was legally defined as 0. 78 troy ounces ( 24. 26 g ) of pure silver, or 1. 5 grams of pure gold ( as recommended by the European Congress of Economists in Paris in 1867 ; the 5-yen coin was equivalent to the Argentine 5 peso fuerte coin ),

McNamara was, at the end of his life, a life trustee on the Board of Trustees of the California Institute of Technology ( Caltech ), a trustee of the Economists for Peace and Security, and an honorary trustee for the Brookings Institution.

Economists have criticized the government's fiscal policy, whose level of expenditures and indebtness has increase significantly within the past decade while the economy was grown at a much slower pace.

Economists aligned with his government have argued that this was due to external factors outside the control of the administration at the time, such as the devaluation of the Brazilian real and the growth of the share of the debt denominated in US dollars.

Tinbergen was a founding trustee of Economists for Peace and Security.

Economists estimated that the extra attendance Fidrych generated around the league in 1976 was worth more than $ 1 million.

This unit was based on that recommended by the European Congress of Economists in Paris in 1867 and adopted by Japan in 1873 ( the Argentine 5 peso fuerte coin was equivalent to the Japanese 5 yen ).

Economists overwhelmingly agree that the Washington Consensus was incomplete, and that countries in Latin America and elsewhere need to move beyond " first generation " macroeconomic and trade reforms to a stronger focus on productivity-boosting reforms and direct programs to support the poor.

In the early 1900s, the campus of what was then known as Iowa State College was host to multiple events in the spring, as each college celebrated its history and recruited prospective students by holding an individual celebration — such as the Ag Carnival, the Home Economists ' " HEC Day ," and the Engineers ' St. Patrick's Day Parade.

Economists told Johnston that it was a myth.

The term was coined by William Hutt in his 1936 book " Economists and the Public ".

The University was once praised as “ the Mother of Chinese Petroleum Engineering Talents ” and “ the Cradle of Economists ”.

He was awarded a ' Lifetime Achievement Award ' in December 2004 by the European Association of Environmental and Resource Economists for his contributions to the development of environmental economics in Europe.

At the August 2008 conference of the American Association of Wine Economists in Portland, Oregon, a hoax exposé submission of the fictitious restaurant Osteria L ’ Intrepido was revealed by the author and Fearless Critic founder Robin Goldstein: he had won an Award of Excellence for a restaurant that didn't exist and whose " reserve wine list " was full of the lowest-rated Italian wines in history.

In 2007, together with Erik Maskin he was awarded the Kempe Award in Environmental and Resource Economics, a joint prize of the Kempe Foundation and the Association of Environmental and Resource Economists ( EAERE ).

She was elected to the International Who's Who of Competition Lawyers and Economists ( 2012 ) and Euromoney's Guide to the World's Leading Competition and Antitrust Lawyers / Economists ( 2012 ).

Economists Jacob Frenkel and Richard M. Levich investigated the performance of covered interest arbitrage strategies during the 1970s ' flexible exchange rate regime by examining transaction costs and differentials between observing and executing arbitrage opportunities.

Economists attributed the rise of Malaysia's ranking to the efforts of the Malaysian government to improve the country's business environment such as the New Economic Model, the Government Transformation Programme and the Economic Transformation Programme

Economists use the term " double taxation " in reference to the tax on dividends due to the fact that dividend income is paid out of corporate profits and represent a portion of the profit stream owned by shareholders.

Economists point out several flaws with the assumption:

Economists now recognize the Nixon era as Exhibit A in how the adoption of bad economic policies in pursuit of short-term political gain eventually turns out to be bad politics as well.

Economists always do this by first taking the natural log of their equation ( to separate out the variables on the right-hand-side of the equation ); logging both sides of this production function produces a simple linear regression with an error term,:

* " Henry Hazlitt: The People's Austrian " in Randall Holcombe, edit., The Great Austrian Economists ( 2009 ; originally published as 15 Great Austrian Economists, 1999 ), pp. 167 – 179.

Economists refer to the coexistence of vast wealth in natural resources and extreme personal poverty in developing countries like Nigeria as the " resource curse ".

Economists have suggested that those who support protectionism ostensibly to further the interests of workers in least developed countries are in fact being disingenuous, seeking only to protect jobs in developed countries.

Economists Dani Rodrik and Jeffrey Sachs have separately noted that there appears to be little correlation between measured economic freedom and economic growth when the least free countries are disregarded, as indicated by the strong growth of the Chinese economy in recent years.

Economists Paul Krugman and Maurice Obstfeld present a theoretical model in which they state that the balance of payments crisis occurs when the real exchange rate ( exchange rate adjusted for relative price differences between countries ) is equal to the nominal exchange rate ( the stated rate ).

The European Council of Construction Economists is planning to develop such open source databases for other European countries as well.

Economists who studied with Hayek at the LSE in the 1930s and the 1940s include Arthur Lewis, Ronald Coase, John Kenneth Galbraith, Abba Lerner, Nicholas Kaldor, George Shackle, Thomas Balogh, Vera Smith, L. K. Jha, Arthur Seldon, Paul Rosenstein-Rodan, and Oskar Lange.

Economists at the Organisation for Economic Co-operation and Development studied the effects of various types of taxes on the economic growth of developed nations within the OECD and found that sales taxes are one of the least harmful taxes for growth.

Economists and physicians have thoroughly studied the effects of FDA boxed warnings on prescription patterns.

Economists generally agree that a country is insolvent, if its foreign debt surpasses 50 percent of its GDP.

Economists and activists consider epidemic diseases ( AIDS, malaria, tuberculosis ) as crucial factors in and consequences of extreme poverty.

* Economists use the term " global labor arbitrage " to refer to the tendency of manufacturing jobs to flow towards whichever country has the lowest wages per unit output at present and has reached the minimum requisite level of political and economic development to support industrialization.

Economists, political economists and historians have taken different perspectives on the analysis of capitalism.

Economists usually emphasize the degree to which government does not have control over markets ( laissez faire ), as well as the importance of property rights.

Economists have theorized that e-commerce ought to lead to intensified price competition, as it increases consumers ' ability to gather information about products and prices.

Economists also fail to use economic reasoning for model selection, especially for deciding which variables to include in a regression.

Economists from the Austrian School argue that aggregate economic models are not well suited to describe economic reality because they waste a large part of specific knowledge.

Economists make a number of abstract assumptions for purposes of their analyses and predictions.

Economists including Richard Timberlake, George Selgin, Lawrence White, and Steven Horwitz are part of this school of thought.

Economists see both a rapid increase in the money supply and an increase in the velocity of money if the ( monetary ) inflating is not stopped.

Economists estimate that two-thirds of the value of large businesses in the U. S. can be traced to intangible assets.

Economists have also shown that IP can be a disincentive to innovation when that innovation is drastic.

Economists generally agree that certain amounts of inequality are necessary and desirable but that excessive inequality leads to efficiency problems and social injustice.

Economists measure labour in terms of hours worked, total wages, or efficiency.

Economists interested in long-run increases in output study economic growth.

Economists look for macroeconomic policies that prevent economies from slipping into recessions and that lead to faster long-term growth.

Economists graph this relationship with the wage on the vertical axis and the quantity ( hours ) of labor supplied on the horizontal axis.

Economists and other political commentators have proposed alternatives to the minimum wage.