U.S. Farm Policy and the Volatility of Commodity Prices and Farm Revenues

A dynamic three-commodity rational-expectations storage model is used to compare the impact of the Federal Agricultural Improvement and Reform (FAIR) Act of 1996 with a free-market policy, and with pre-FAIR policies. Results suggest that FAIR did not lead to significant increases in long-run price volatility or revenue volatility. The main impact of pre-FAIR, relative to the free-market regime, was to substitute government storage for private storage in a way that did little to support prices or to stabilize farm incomes. Results also indicate that U.S. grain market volatility in 1995–2000 was due to fundamental market forces and not to FAIR.     

The Non-Profit Sector,Government and Business: Partners in the dance of change - an Irish perspective

The relationship between the Irish non-profit sector and the two other key sectoral actors in Irish society - government and business - forms the focus of this paper. It commences with an overview of the Irish non-profit sector, providing insights into its long rich history and current status. Next, the relationship between non-profits and the public sector is considered, charting the changes which have occured over time. Moving to the corporate sector, the concept of corporate social responsibility is explored briefly and information is provided on the extent of business support for Irish nonprofits. The discussion then broadens to examine the patterns of interaction between these three sectors and explores how their relationship can be enhanced in the future.     

Ethics,Welfare, and Markets: An Economic Analysis

The present article examines society's welfare when goods with identical physical attributes can be produced using two alternative technologies, one of them less ethically desirable but less expensive for at least some producers. For the scenario where identification costs must be borne by producers and consumers of the high‐quality good, the outcome under unregulated markets is identical to the optimal solution of a central planner constrained to neither ban the undesirable technology nor segregate the low‐quality good. However, under certain circumstances the unregulated market equilibrium may be improved upon by government intervention that shifts the burden of identification costs to the producers of the low‐quality good, or which bans the production of the low‐quality good. The optimal intervention needs to be determined case‐by‐case and depends on consumer preferences, relative production costs, and relative costs of identification and fraud prevention.     

Power/knowledge and impact assessment: creating new spaces for expertise in international development

Impact assessment is an important methodology in information and communication technologies for development. It presents the potential to change power knowledge relations between donors, non‐governmental organizations and beneficiaries. Impact assessment offers a new and subtle form of control—shaped by and shaping expertise—influencing how we understand and undertake development.     

How ‘exact’ are exact measures of welfare loss?

This paper examines the sensitivity of exact measures of welfare loss to changes in the assumed form of the underlying utility function.     

Accounting in organized anarchies: Understanding and designing accounting systems in ambiguous situations

This paper explores the relationship between organizations in ambiguous situations, the technology of choice and the uses of internal accounting systems (systems of cost accumulation, performance evaluation and budgetary control). Accounting systems are examined in terms of the two elements of March's technology of foolishness (Civilokonomen, May 1971, pp. 7–12). Relaxation of traditional prohibitions in choice behaviour against imitation, coercion and rationalization suggest that accounting systems might be understood both in terms of their impact on sustaining and influencing an organization's culture and language and in terms of their ideological and legitimizing influence in maintaining systems of power and control in organizations. Allowing playfulness in the choice process suggests that accounting systems might be designed to facilitate creativity and innovation in organizations, insofar as these characteristics are appropriate in contributing to organizational effectiveness.