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Home > Documents > In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85

In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85

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In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85 Brandon Buchanan ’99 Paul Cascio ’94 Robert Lawrence, Jr. ’82 Rajesh Mirpuri Cesar Murillo ’91 Martin Niederer ’99 Joshua Piver ’00 Eric Rropiteau ’00 Matthew Sellitto ’00 John W. Wright, Jr. ’89 - PowerPoint PPT Presentation
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In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85 Brandon Buchanan ’99 Paul Cascio ’94 Robert Lawrence, Jr. ’82 Rajesh Mirpuri Cesar Murillo ’91 Martin Niederer ’99 Joshua Piver ’00 Eric Rropiteau ’00 Matthew Sellitto ’00 John W. Wright, Jr. ’89 (http://www.uvm.edu/~uvmpr/vq/VQWINTER02/memorium.html)
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Page 1: In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85

In MemoriamUVM alumni lost on September 11, 2001

Carlton W. Bartels G’85Brandon Buchanan ’99

Paul Cascio ’94 Robert Lawrence, Jr. ’82

Rajesh Mirpuri Cesar Murillo ’91

Martin Niederer ’99 Joshua Piver ’00

Eric Rropiteau ’00 Matthew Sellitto ’00

John W. Wright, Jr. ’89

(http://www.uvm.edu/~uvmpr/vq/VQWINTER02/memorium.html)

Page 2: In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85

Sept 11, 2009I. Property RightsII.Models in Economics

A. Circular FlowB. Production Possibility Frontier

Supplemental Instructor (Information on Aplia and class site):      Justin KD    [email protected]     410-952-1897    SI Sessions will be held in Living/Learning A161 Tues/Thursday from 8:30 - 9:45pm    Open office hours (no appointment necessary) on Tues/Thursday from 10-11am and Sunday from 7-8pm.

Page 3: In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85

In the News…Income Fell in 2008…

Page 4: In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85
Page 5: In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85

…and Poverty Rose

Page 6: In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85
Page 7: In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85

But the Number and Percent Uninsured Remain Unchanged

Page 8: In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85

Much More Data Available

http://www.census.gov/prod/2009pubs/p60-236.pdf

Page 9: In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85

Application of Property Rights: Poverty in Africa

Hernando deSoto The Mystery of Capital The Commanding Heights Episode 3, Ch 19<

http://www.pbs.org/wgbh/commandingheights/shared/video/qt/mini_p03_19_300.html>

Main site for Commanding Heights: http://www.pbs.org/wgbh/commandingheights/lo/index.html

Hernando deSoto PBS special on property rights and poverty Oct 8

http://www.pbs.org/wgbh/commandingheights/shared/video/qt/mini_p03_19_300.html
http://www.pbs.org/wgbh/commandingheights/shared/video/qt/mini_p03_19_300.html
http://www.pbs.org/wgbh/commandingheights/shared/video/qt/mini_p03_19_300.html
http://www.pbs.org/wgbh/commandingheights/lo/index.html
Page 10: In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85

The Tragedy of the Commons

Property held in common tends to be overused. Each user gains the full benefit of use,

but does not bear the full cost of its use. Costs are shared by all the “owners.”

No one has a strong incentive to conserve the property because someone else will use it if it is left idle.

Page 11: In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85

Private Property Rights Must Be

1. Clearly Defined: What is it; where it is located; what are privileges and limitations of use?

2. Defendable: Is ownership protected by law and community consent? Are property rights enforceable?

3. Divestible: May owners choose whether to sell or hold property so that future gains and losses influence current value?

Page 12: In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85

Circular Flow Model

Page 13: In Memoriam UVM alumni lost on September 11, 2001 Carlton W. Bartels G’85

Production Possibility Frontier Model


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