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A constitutional amendment for an Economic Supreme Court

Paper:ewp-ge/9604003
From:    
Date: Wed, 17 Apr 1996 17:57:53 +0200

Abstract:
The economic record of this century may be judged with mixed feelings. Much has been achieved, but much has gone wrong too. The bad part in the record has not not been caused by economic science but by economic policy making. The structure of economic policy making gives too much room for political distortion. Since this problem is equal across nations and across time, we may look for common factors, and one of them is the Trias Politica structure of our democracies. Especially since the future seems pre precarious, it could be wise to restructure the current division of powers. The paper drafts a constituional amendment to create an Economic Supreme court with a limited but vital role, leading to a 'high definition democratcy'. [Apologies for the typing erorosr.]

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EconWPA began as a conversation between Bob Parks and Larry Blume on January 28, 1993. I located Paul Ginsparg's archive (then xxx.lanl.gov) and he graciously installed his software on a Sun Sparc system which was supporting the department of economics email and computation. EconWPA began accepting papers July 1, 1993 and had ftp, email, gopher and web interfaces. The web interface for submissions was engineered into existence in July 1995. A complete and catastrophic machine failure in 1999 caused the loss of EconWPA's email new paper announcment service at which time there were over 15,000 subscriptions with over 8,000 unique email addresses.

In 2005, Arts and Sciences commandeered the computing services that I had provided to the Department of Economics since 1987. Some might say that the department was sold out, others would (erroneously) claim that centralization is efficient, and still others would claim that I have few marketing skills.

I was told that I could keep operating EconWPA (as well as many other services including rfe.wustl.edu, barnett.wustl.edu, and three RePEc servers) but I would receive no support (hardware, software, or anthing else) and (as had been the case) no compensation. At that point, given the apparent low valuation of my activities by the department, and university, it made no sense for me to continue operating EconWPA or other services.

Thanks to all who have supported EconWPA in the past.

A Chinese curse states May you live in intersting times. I have. Bob Parks - Jan 2006