Index

Adjustment process

Affluent Society, The (Galbraith)

Alliances, U.S.

Anthropomorphic fallacy

Arrow, Kenneth

Arrow-Kurz theory

Asset market bubble

Aumann, Robert

Automation, health care

Axiomatic method

Bankruptcy

Banks and banking

Bargaining theory See also Multilateral bargaining

applied to China

and free market exchange theory

incomplete information games

and political competence

power in political science

role of threats in

Belassa-Samuelson effect

Benefits projection

Bernanke, Ben

Biases

Bold Endeavors (Rohatyn)

Bond market

Brazier, James

Business cycles

Business investment

Capital, private

Capitalism

bastardization of

democratic

and moral philosophy

overview and summary

and role of government

snow white

Capital spending

Cartels

Certainty, pricing model

China

admission to World Trade Organization

and applied bargaining theory

and decline of United States

determinants of relative power with U.S.

and emerging economies

fallacies about relations with U.S.

growing belligerence

and international law

military

and Pakistan

resource power

trade imbalance with U.S.

Coalitional power

Coalitional worth

Coalitions

Cold War

Commodities

Communism

Competition

Compromise

Concessions

Constitutional choice problem

Constructive proof

Contribution-based fairness

Contribution principle

Control variables

Correlated mistakes

Corruption

Cost benefit analysis

Counterfeit goods

Cowen, Tyler

Credible threats

Currency manipulation

Debating

Debreu, Gerard

Debt

national

Decentralization

Deductive logic

Defense, U.S. See Military

Deficiencies, real-world

Deficit, fiscal

case for very large

effect on GDP

optimal size of

Deficits:

good versus bad

monetization of

redefining

trade (see Trade deficit)

Deficit spending

Deregulation, market

Derivative securities

Dialectical method

Dialogue of the Deaf

importance of ending

origins of

Dill, Michael J.

Diminishing marginal utility

Distributional equity. See Distributive justice

Distributive justice

comprehensive theory of

conflict between needs-based and contribution-based fairness

and taxes

and a theory of the state

Dodd-Frank Wall Street Reform and Consumer Protection Act

Dollar

Economic efficiency

Economic growth

Economics:

and anthropomorphic fallacy

financial (see Financial economics)

mistakes-free

politicization of

of uncertainty

U.S. vs. China

vs. political science

Economics imperialism

Economic theory

Economic threat power

Economy, U.S.

Eddington, Arthur

Education, investment in

Efficiency

Efficient market theory

Eminent domain

Endogenous risk

Energy independence

Entitlements See also Medicare; Social Security

as share of GDP

Equity

Exogenous risk

Expert systems

Explanatory deductive logic

Externalities

Fairness

Fat tails

Finance, classical

Financial economics

Financial markets

Financial theory

Fiscal policy

Forecasting

correlated errors

economic

GDP

national income based

price changes

qualitative

unconditional modes of

Free and fair trade

Freedom

Free-market, decentralized

Free-market economics

Free-market theory

Future, uncertainty about

Galbraith, John Kenneth

Game theory

Gauss, Carl Friedrich

GDP:

effect of fiscal deficit on

entitlement spending as share of

forecasting

growth

and health care spending

and national income

U.S. vs. China

volatility of

Gerrymandering

Global financial crisis See also Perfect financial storms

origins of

Governance, success in

Government:

and capitalism

contraction

deficits

importance of self-reform

spending

Greed process

Greenspan, Alan

Growth theory

Handbook of Game Theory (Arrow)

Harsanyi, John

Health care. See also ObamaCare

access to

basic assumptions for optimal system

complexity of

cost of

demand for services

expert systems and automation

geometric proofs

investment in infrastructure

overview of debate

physician supply shortage

policies for improving

productivity reform

rationing

reduction in spending

reform

as share of GDP

spending crisis

supply and demand

supply-side solution to crisis

Hedging

perfect

problematic

Household spending

Housing

Human capital

Hurwicz, Leonid

Impossibility theorem

Incentive structure

compatibility

incompatibility

Inclusion principle

Incomplete information games

Inductive logic

Inflation

Informational efficiency

Information theory

Infrastructure

deferred maintenance

deterioration of

estimating return on capital invested

identifying and ranking potential projects

and job creation

politicizing of projects

risk in estimating costs and revenues

role of government in financing

Infrastructure bank

Insurance, health. See Health care

Intellectual property

Interbank lending

Interest rates

International law

Interpersonal comparisons of utility

Intrilligator, Michael

Investment:

business

cycle of opportunities

human capital

private versus public

in public projects

residential

Invisible hand

Irrationality index

Japan

Job creation

Keynes, John Maynard

Keynesian theory

King, Mervyn

Koopmans, T.

Krugman, Paul

Kurz, Mordecai

Labor market

Leadership

Legal system, U.S.

Leonhardt, David

Leverage

and endogenous risk

excess

excess societal

explaining to clients

and global financial crisis

limiting

need for a czar

optimal yet irrelevant

Liabilities, unfunded

Living standards

Loan originators

Logic See also Deductive logic; Inductive logic

Lost Decade

Macro-controllability

Macroeconomics

Malinvaud, E.

Marginal utility, diminishing

Margin requirements

Market equilibrium

Market failures

Market risk

Market volatility

Markov model

Mark-to-model asset valuation

Marshall Plan, domestic

Marx, Karl

Mean reversion

Mechanism design, theory of

Media

Medicaid

Medical care. See Health care

Medicare

Mercantilism

Meyerson, Roger

Military

Minsky, Hyman

Missing markets problem

Models, economic

Moral hazards

Moral philosophy

Moral theory

Morgenson, Gretchen

Morgenstern, Oscar

Mortgage defaults

Multilateral bargaining

Mutual assured destruction (MAD)

Nash, John F. Jr.

Nash-Harsanyi bargaining paradigm

applied to China and United States

and political science

value of

National income

Neediness, relative

Needs-based fairness

Needs principle

Net foreign capital inflow

Net private savings

Noncooperative game

Nozick, Robert

ObamaCare See also Health care

geometric proofs

summary

supply and demand

supply and demand summary

Olson, Mancur

Optimal control theory

Optimal exiting

Optimal growth

Optimal social system

Optimal tax rates

Optimal threats

Optimization model

Pakistan

Pardes, Herbert

Patient Protection and Affordable Care Act. See ObamaCare

Payoff matrix

Peace

Perfect financial storms

policy reforms

preconditions for

Physicians, shortage of

Pluralistic bargaining model

Policy analysis

Policy gridlock

Policy variables

Political science:

and anthropomorphic fallacy

contrasting failure of

education

possibility of hegemony of

power of bargaining model

root problem of

vs. economics

Positivism

Power Index

Pricing

decentralized invisible hand

forecasting changes

volatility

Pricing model certainty

Pricing model uncertainty

Primary good

Princeton philosophy department

Privacy

Productivity:

growth of

and health-care reform

Proprietary trading

Protectionism

Public bad

Public choice theory

Public good

Public Investment (Arrow)

Public policy:

analysis

raising the level of national debate for change

Public safety

Public sector

Public welfare

Quantum field theory

Rational choice

Rational expectations, theory of

Rationing of health care

Rawlsism

Recession

Reckless Endangerment (Morgenson)

Recovery growth rate

Redistribution

Reduced form models

Reform of financial policies

Relative contribution

Relative needs

Relative power

United States and China

Relative risk aversion

Relative risk tolerance

Relative threat power

Representative consumer

Reserve requirement

Resources:

allocation of

economic and military power

for new Marshall Plan

Return on investment

Returns to scale, diminishing

Ricardian advantage

Rise and Decline of Nations (Olson)

Risk

allocation of

assessment

aversion

efficient reallocation of

endogenous (see Endogenous risk)

exogenous

and hedging

limits

management

market

pooling

and public infrastructure projects

ruin

sharing

systemic

tolerance

Rohatyn, Felix

Ruin risk

Rule of law

Salsberg, Edward S.

Samuelson, Paul

Savings:

foreign

net private

personal

Scanlon, Thomas

Scott, Robert

Second fundamental theorem of welfare economics

Securities, enhanced yield

Securitization

Selten, Reinhard

Shapley, Lloyd

Shiller, Robert

Singapore Model

Smith, Adam

“Snow-white” economies

Social distress

Socialized medicine

Social risk

Social Security

Social welfare

Soros, George

Stability, dynamic

State variables

Stationarity

Stimulus:

fiscal and monetary

public sector

spending

Supply and demand

health care

ObamaCare

review of

Supply and demand theory

Supreme Court

Surplus, large

Systemic risk

Tariffs, import

Taxes

and distributive justice

progressive

and public good

Tax rates, optimal

Taylor, Charles

Technologies, new

Theory of Games and Economic Behavior (von Neumann)

Theory of Justice (Rawls)

Threat payoff

Threat power

Threat strategies

Thugocracies

Tobin, James

Tort reform

Trade deficit

Trade imbalance

Transparency

Turbulence, market

Uncertainty

economics of

pricing model

Unemployment

United States:

and coalitional power

and international law

and Japan

opportunity to improve bargaining skills

relationship with China

resource power

risk aversion

trade imbalance with China

Utilitarianism

Value-at-risk (VAR) models

Volatility

Volcker, Paul

Von Neumann, “Johnny,”

Waste

Wealth and income distribution

Wealth growth paradox

Wealth of Nations (Smith)

Welfare economics

Welfare state solvency

Well-being, maximization of

What We Owe to Each Other (Scanlon)

Winfrey, Oprah

Win-win strategies

Wolf, Martin

World Trade Organization

Yen

Young, Peyton

Yuan