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Last week, legislators passed a measure calling for a bipartisan commission to examine the cost, fairness and effects of capital prosecutions.
Among the many, many issues our forebears didn't worry about were the deterrent effects of capital punishment and the ideal attributes of a firefighter.
No study looks at what really matters, by comparing the deterrent effects of capital punishment with other penalties, like life without parole.
Such limits provide more reliable capital buffers during contractions and also produce fewer pro-cyclical effects of capital requirements on credit markets than risk-based standards.
After a series of telling research findings on the effects of capital movements the Fund officially updated its view on the matter.
In a speech in Tokyo, he said:...recent research... does not support the view that advanced-economy monetary policies are the dominant factor behind emerging market capital flows... [Moreover] the effects of capital inflows, whatever their cause, on emerging market economies are not predetermined, but instead depend greatly on the choices made by policymakers in those economies.
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Rising inequality between rural workers with lower skill and the rest of workers emerged, a key factor explaining the anti-poor effects of capital-using technological change.
But the really pernicious effect of capital weakness comes when banks rein in their lending and investment activity in order to keep their capital ratios constant.
The chance that innocent folk may be executed counts for more, with many, than the deterrent effect of capital punishment (itself questioned by academic studies).
(The death penalty is applied much more surely and much more frequently — and not much less swiftly — for smoking than for murder. Makes you wonder about the deterrent effect of capital punishment).
The main one may be that the effect of capital controls is smaller than some had feared; but that, if there is any long-term impact, it is to deter foreign investment.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com