Re: Growth and Prosperity

[Clifford Poirot <cpoirot@xxxxxxxxxxx>]

I note below you indicate you just returned from Bulgaria. What is your
impression of how the currency board is functioning now? I am also curious
how you found overall conditions.

-----Original Message-----
From: Tracy Lightcap [mailto:tlightcap@xxxxxxxxxxxx]
Sent: Tuesday, June 24, 2003 1:38 PM
To: pkt@xxxxxxxxxxxxxxxx
Subject: Re: Growth and Prosperity


I know this is an old thread; I just got back from Bulgaria, so indulge
me a little. The entire question of the place of growth in living
standards as a goal for economic policy is addressed in Lord Layard's
Lionel Robbins Memorial Lectures for this year. Look at
cep.lse.ac.uk/events/lectures/layard/RL030303.pdf. Layard's attack on
ordinal evaluations of utility and the role of economic policy in
promoting happiness is both empirically verifiable and highly
enlightening.

Tracy Lightcap
Associate Professor
Political Science
LaGrange College
LaGrange  GA  30240-2999
706.880.8226
tlightcap@xxxxxxxxxxxx