Holly A. Bell

Alaska

The Time May Be Right To End The Alaska Permanent Fund Dividend

The Dividend is a Redistribution Policy The Alaska Permanent Fund was established in 1976 as an investment that would allow for the continuation of funding of Alaska’s essential services once the Alaskan oil resources had been exhausted. While a portion of the income from the Fund comes from oil revenue (about 11% of total oil …

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Why Krugman and Stiglitz Are Wrong About Government Spending

This is not the government spending of WWII By Holly A. Bell On October 23, 2012, the Institute for New Economic Thinking (INET) hosted an economics discussion with Paul Krugman and Joseph Stiglitz. The moderator of the discussion asked the Nobel Memorial Prize in Economic Sciences winning economists what the solution to our current recession …

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When Did Collaboration Become Cheating?

We Need to Teach Collaboration for an Office-Less World By Holly A. Bell Cheating vs. Collaboration Earlier this month we heard about a cheating scandal at Harvard University in which students worked together on a take-home exam they were expected to complete independently. As a professor I have a couple of concerns with this. First, …

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Nudging Retirement Savings: A New Approach to Pensions

Redefining Defined Benefit Pensions By Holly A. Bell For most people in the private sector,  defined benefit pensions have become a distant memory. Something their grandfather talks about over Thanksgiving dinner while reminiscing about his days at “the plant”. These plans, which guaranteed a certain percentage of a worker’s wages or salary in retirement, have …

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Is the Power to Implement Fiscal Policy Being Transferred to The Fed?

The Fed as Central Planner By Holly A. Bell In an article in the Wall Street Journal (available here), John H. Cochrane of The University of Chicago accuses the Federal Reserve of moving from a central bank to a central planner by engaging in fiscal policy and determining the allocation of credit. I must say …

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5 Reasons to Dislike Numbered Lists (Especially in Business Articles)

By Holly A. Bell Like I do most mornings I started my day by going to a popular website that is supposed to bring together some of the best business articles on the web. The front page alone had 6 articles containing lists of allegedly important information you need to know. Among them: “7 Easy …

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