Clark Center Forum

 

 

This week's IGM Economic Experts Panel Statement:

All things considered, US society will be better off if sports betting becomes legal in more US states (beyond Nevada). 

This week's IGM European Economic Experts Panel Statement:

The European Union often uses its antitrust powers to protect EU-based firms from international competition, rather than to promote greater competition in European markets. 

This week's IGM Economic Experts Panel statement:

Over the next decade, autonomous cars will raise average welfare in the US by at least as much as smartphones have over the past decade. 

This week's IGM Economic Experts Panel Statement:

Restricting eligibility for senior government economic-policy posts by requiring a graduate degree in economics would reduce the chances for good public policy outcomes. 

This week's IGM European Economic Experts Panel Statements:

A) Trade with China makes most Europeans better off because, among other advantages, they can buy goods that are made or assembled more cheaply in China.

B) Some Europeans who work in the production of competing goods, such as clothing and furniture, are made worse off by trade with China.

C) If the EU followed the new US steel tariffs by imposing similar EU tariffs on steel from China, it would improve Europeans’ welfare. 

This week's IGM Economic Experts Panel Statement:

NCAA Division I schools coordinate compensation for men’s basketball and football players (precluding actual pay and limiting non-monetary benefits), providing rents to member schools (which may be shared with others) at the expense of those players. 

This week's IGM European Economic Experts Panel Statements:

A) Assuming it exits its third bailout program this summer without an immediate restructuring or other debt relief, Greece is unlikely to default on its sovereign debt in the coming decade.

B) Greece would be better off if it had decided to exit the euro between 2011 and 2015.

C) If Greece had defaulted on (or restructured) its private debt in 2010, while also staying within the euro, that combination would have been better for Greece than either exiting the euro or proceeding as it has actually done. 

This week's IGM Economic Experts Panel Statement:

Imposing new US tariffs on steel and aluminum will improve Americans’ welfare.