Today, as in the past, within a country at a given time those with higher incomes are, on average, happier. However, raising the incomes of all does not increase the happiness of all. This is because the material norms on which judgments of well-being are based increase in the same proportion as the actual income of the society. These conclusions are suggested by data on reported happiness, material norms, and income collected in surveys in a number of countries over the past half century.

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Will raising the incomes of all increase the happiness of all

A pesar de la relativamente corta historia de la Psicologia como ciencia, existen pocos constructos psicologicos que perduren 90 anos despues de su formulacion y que, aun mas, continuen plenamente vigentes en la actualidad. El factor «g» es sin duda alguna uno de esos escasos ejemplos y para contrastar su vigencia actual tan solo hace falta comprobar su lugar de preeminencia en los modelos factoriales de la inteligencia mas aceptados en la actualidad, bien como un factor de tercer orden en los modelos jerarquicos o bien identificado con un factor de segundo orden en el modelo del recientemente desaparecido R.B.Cattell.

The g Factor: The Science of Mental Ability

1.. HARD CASES 5. Legal Rights A. Legislation . . . We might therefore do well to consider how a philosophical judge might develop, in appropriate cases, theories of what legislative purpose and legal principles require. We shall find that he would construct these theories in the same manner as a philosophical referee would construct the character of a game. I have invented, for this purpose, a lawyer of superhuman skill, learning, patience and acumen, whom I shall call Hercules. I suppose that Hercules is a judge in some representative American jurisdiction. I assume that he accepts the main uncontroversial constitutive and regulative rules of the law in his jurisdiction. He accepts, that is, that statutes have the general power to create and extinguish legal rights, and that judges have the general duty to follow earlier decisions of their court or higher courts whose rationale, as l

Taking Rights Seriously

A high proportion of skilled workers in the labor force implies a large market size for skill-complementary technologies, and encourages faster upgrading of the productivity of skilled workers. As a result, an increase in the supply of skills reduces the skill premium in the short run, but then it induces skill-biased technical change and increases the skill premium, possibly even above its initial value. This theory suggests that the rapid increase in the proportion of college graduates in the United States labor force in the 1970s may have been a causal factor in both the decline in the college premium during the 1970s and the large increase in inequality during the 1980s.

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Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality

Common Property Institutions and Sustainable Governance of Resources

Acknowledgments vii Preface xiii Chapter 1. Educational Attainment: Overall Trends, Disparities, and the Public Universities We Study 1 Chapter 2. Bachelor's Degree Attainment on a National Level 20 Chapter 3. Finishing College at Public Universities 32 Chapter 4. Fields of Study, Time-to-Degree, and College Grades 57 Chapter 5. High Schools and "Undermatching" 87 Chapter 6. Test Scores and High School Grades as Predictors 112 Chapter 7. Transfer Students and the Path from Two-Year to Four-Year Colleges 134 Chapter 8. Financial Aid and Pricing on a National Level 149 Chapter 9. Financial Aid at Public Universities 166 Chapter 10. Institutional Selectivity and Institutional Effects 192 Chapter 11. Target Populations 207 Chapter 12. Looking Ahead 223 Appendix A. The Modern Evolution of America's Flagship Universities by Eugene M. Tobin 239 Notes 265 List of Figures 337 List of Tables 347 List of Appendix Tables 349 References 357 Index 377

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Crossing the Finish Line: Completing College at America's Public Universities

Introduction 1. Ethics and economics 2. Two examples Part I. Rationality and Morality: 3. Rationality 4. Rationality in positive and normative economics 5. Rationality, norms and morality Part II. Welfare and Consequences: 6. Welfare 7. Efficiency 8. Utilitarianism and consequentialism Part III. Libert, Rights, Equality and Justice: 9. Liberty, rights and libertarianism 10. Equality and egalitarianism 11. Justice and contractualism Part IV. Moral Mathematics: 12. Social choice theory 13. Game theory Part V. Conclusions: 14. Conclusions Appendix: How could ethics matter to economics?

Economic analysis and moral philosophy

Taking Ethics Seriously: Economics and Contemporary Moral Philosophy

Figures and TablesForewordAcknowledgmentsPt. 1Introduction11Meeting Need and Rewarding Talent: Student Aid in the U.S. System of Higher Education Finance52Changing the Rules: The New Strategic Role of Student Aid15Pt. 2Student Aid and Educational Opportunity: Are We Keeping College Affordable?233Prices and Aid: The Growing Burden on Families254Access: Student Response to Higher Prices - and Higher Returns375Choice: How Ability to Pay Affects College Options426The Future of College Affordability49Pt. 3Student Aid and Institutional Strategy537Student Aid in Institutional Finance558How Government Aid Shapes Colleges' Behavior819Student Aid as a Competitive Weapon91Pt. 4The Special Case of Merit Aid10510Merit Aid: Its Place in History and Its Role in Society10711The Institutional Perspective11612The Student Perspective12213Conclusion: Merit Aid - Good or Bad?130Pt. VThe Future of Student Aid13314Where Do We Go from Here?135Notes145Bibliography153Index157

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Michael S. McPherson

Papers

Crossing the Finish Line: Completing College at America's Public Universities

Economic analysis and moral philosophy

Taking Ethics Seriously: Economics and Contemporary Moral Philosophy

The Student Aid Game: Meeting Need and Rewarding Talent in American Higher Education

Does Student Aid Affect College Enrollment? New Evidence on a Persistent Controversy