A Reply to the Comments: The Millennium Survey Again

Professor Frederic L. Pryor responds to his critics, Professors Patrick McGuire, Joan Huber, Paul M. Hirsch, Jonathon Mote, David Jaffee, Arthur L. Stinchcombe, Dennis Wrong, Judith Treas, Patrick Baert, Olav Velthuis, and John B. Davis. These comments are in The American Journal of Economics and Sociology, this issue, pp. 35-78.     

A Survey of the Economic Systems of Wild Chimpanzees and Baboons

This article reviews neoclassical, environmentalist, and institutionalist perspectives on the emerging institutional adjustments commonly referred to as water trading or water marketing. Although a holistic analysis of these emerging institutional reforms would be far more comprehensive and detailed, this article seeks only to provide an institutionalist perspective that may benefit more comprehensive research. As such, analysis of new sources of water supply, of specific water conservation measures, and of attitudes regarding water are largely neglected. Water trading is merely assessed in the context of the evolving legal structure and the existing, limited water supply in the American West, particularly California. The conclusion is that water trading, if properly administered, can generally benefit involved parties without widespread social costs and without jeopardizing social control.     

Collisions: Negotiating tensions in a shared marketplace

Nonprofit organizations (NPOs) operate within marketing systems comprising broader networks of individuals, groups, and/or entities linked through shared participation in economic exchanges. These systems include diverse constituents with varied goals and orientations. Inherently, tensions arise as NPOs, for‐profit firms, and other social actors pursue differing agendas, often competing for finite resources. In this paper, we report the results of an ethnographic study, which examines one community's efforts to alleviate these tensions as they occur in a downtown business district. The area is noted for its economic vitality and diversity, but struggles to accommodate the needs of the homeless population and the social service agencies who maintain a presence there. Relationships between multiple constituencies erode as the business community seeks to displace both the social service agencies and the individuals they serve. The community in this study moved through thematic stages of problem solving associated with contentious social issues. They sought to use a bridging organization by forming a local homeless task force. An apparent breakdown occurred when the task force was unable to articulate integrative values and a vision for the community as a whole. The study illustrates the importance of establishing a set of shared values and vision and emphasizes the importance of the establishment of bridging organizations with power and authority to negotiate and implement changes. It challenges the utilization of sociospatial and relational mechanisms, which are designed to physically shift the homeless from the area.     

Comparative demographic effects of Canadian-U.S. immigration flows

"A joint study by Statistics Canada and the U.S. Bureau of the Census examines special tabulations of U.S. residents born in Canada from the 1980 census of the United States and compares them with matching tabulations of Canadian residents born in the United States from the 1981 census of Canada. As might be expected, the two populations are remarkably similar and the preponderance of the migration flow is from Canada to the United States. The comparative social and economic characteristics of the two migrant stocks show the effects of increasing legal restrictions on migration between the two countries in the last two decades. The characteristics of the migrant flows have changed from large, unregulated population movements responding to economic motivations similar to internal migration flows to a much smaller, highly controlled movement more typical of long-distance international migration flows." This is a revised version of a paper originally presented at the 1987 Annual Meeting of the Population Association of America.     

The Impact of Foreign Trade on the Employment of Unskilled U.S. Workers: Some New Evidence

This paper explores four empirical relationships reflecting the impact of foreign trade on the employment of unskilled workers: (i) the direct relationship between net exports and embodied education of the corresponding goods; (ii) the changes in domestic prices accompanying changes in net exports; (iii) the relationship between real or potential import competition and defensive measures such as more investment or increasing the skill level of the labor force; and (iv) the relationship between foreign trade and domestic prices. None of these exercises suggests that foreign trade has much impact on the employment of less skilled U.S. workers.     

What Do the Elderly Do?

The most direct way to find out what elderly Americans do is to study how they occupy their time and, if they are still in the labor force, in what occupations can they be found. This essay focuses on three key issues regarding the activities of those 65 and over: their average use of time in 41 different activities, especially how they employ the greater discretionary time available to them in comparison to younger adults; the factors underlying their rising participation in the labor in the first decade of the twenty-first century; and the occupations that elderly men and women are most likely to be found and how this has changed.     

The Millennium Survey: How Economists View the U.S. Economy in the 21st Century

This essay presents the results of a survey of AEA members on how they expect the U.S. economy to evolve in the next 50 years. More specifically, respondents were asked about changes in a variety of macroeconomic variables and whether such changes would lead to major changes in the economic system or important economic institutions. For the next quarter century, for instance, the respondents foresee the greatest deviation from current trends occurring with regard to growth of per capita GDP, volatility of the financial system, and globalization. They also predict that changes in the economic system will most likely come about from the impact of increasing globalization, increasing inequality of income, and increasing financial instability.