James A Yunker
Biographic Data
| ID | 707614 |
|---|---|
| NAME | James A Yunker |
| GIVEN NAMES | James A |
| FAMILY NAME | Yunker |
| SIGNATURE | YUNKER J A |
| AFFILIATIONS | Western Illinois University |
| ORCID | 0000-0003-1670-5219 |
| VERIFIED | Yes |
| TOTAL WORKS | 21 |
| TOTAL CITATIONS | 22 |
| AUTHOR COUNT | 21 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1974 |
| LATEST PUBLICATION YEAR | 2021 |
| H-INDEX | 2 |
Is China market socialist? Comparing Western theory to Eastern practice
The question of whether the contemporary Chinese economy is more accurately characterized as market socialist or market capitalist depends to some extent on semantic issues pertaining to the meaning of terms such as capitalism, socialism, and the market. Adding to these complications is the fact that there are several market socialist plans, quite different in their specifics, extant in the systems literature produced by Western economists. The p…
Capital Wealth Taxation: Theory and Application
Using an ls model analysis, the economic effects of implementing a modest taxation rate on capital wealth (3%) are found to be basically favorable: slightly higher output, lower inequality as measured by various Gini coefficients, and higher social welfare according to the three major social welfare functions—Bentham, Nash and Rawls. Implementing capital wealth taxation enables a compensating reduction in the labor-income taxation rate. The singl…
The Grand Convergence
This book describes, evaluates, and advocates for, sweeping changes in our global economic and political structure to ensure the prospects of global human civilization as we confront an uncertain futu
Looking Ahead: The Long View
As the third millennium of human history gets under way, the position of global human civilization is at once quite promising—but also highly precarious. On one side of the path we are now on lie the “broad, sunlit uplands” of Churchillian rhetoric; 1 on the other side lies a terrifying abyss of death and destruction. In a thousand years’ time, as the fourth millennium begins, what will be the condition of global human civilization? Will the grea…
A Comprehensive Incentives Analysis of the Potential Performance of Market Socialism
This article evaluates the performance of contemporary capitalism relative to that of a hypothetical alternative designated ‘profit-oriented market socialism.’ In most respects, profit-oriented market socialism would closely mimic contemporary market capitalism. The major difference would be that most profits and interest generated by the operations of publicly-owned business enterprises would be distributed to the general public as a social divi…
Could a Global Marshall Plan be Successful? An Investigation Using The Weep Simulation Model
Estimating optimal expenditures on family planning in developing economies
A New Statistical Analysis of Capital Punishment Incorporating U.S. Postmoratorium Data
Objective . This article reports on a basic regression analysis of the deterrence hypothesis incorporating U.S. data that has accumulated since the resumption of capital punishment in 1977. Methods . The cross‐sectional approach employs data on state homicide rates and estimated execution rates between 1976 and 1997 across 50 states and the District of Columbia. The time series approach employs annual data on the U.S. national homicide rate and e…
Economics
Capitalism versus Pragmatic Market Socialism: A General Equilibrium Evaluation
An Economic Model of The East-West Confrontation
In this paper, we develop a comprehensive analytical perspective on the contemporary conflict situation between the United States and the Soviet Union, based upon standard concepts and methodologies in contemporary economic thinking. The perspective involves static-model specification, comparative-statics analysis, and a possible extension of the model to dynamic uncertainty circumstances. Applications of the model include results on the determin…
On the morality of capitalism: In light of the market socialist alternative
The highly unequal distribution of property return under contemporary capitalism is morally legitimate if property incomes are earned in some meaningful economic sense. But no such sense would exist if some appropriate plan of market socialism could achieve at least as high a level of economic efficiency as contemporary capitalism, while significantly equalizing the distribution of property return. This article discusses various plans of market s…
A world economic equalization program: Refinements and sensitivity analysis
In Defense of Utilitarianism: An Economist's Viewpoint
*0034-6764/86/0401-57/$1.50/0 Notes *0034-6764/86/0401-57/$1.50/0
Would Democracy Survive under Market Socialism
Many opponents of socialism believe that it is likely to endanger political democracy. Professor Yunker argues here that this need not happen under pragmatic market socialism. He proposes institutional arrangements to discourage the government of the day from using public ownership of business and industrial establishments for the purpose of defeating or suppressing its political adversaries. He expects that, given the democratic political cultur…
A broad utilitarian theory of value and moral value
(1985). A broad utilitarian theory of value and moral value. Forum for Social Economics: Vol. 15, No. 1, pp. 29-59
Objective Information and Social Consensus: Some Empirical Evidence on the Relative Importance of Objective and Subjective Determinants of Social Judgment
The experiment reported in this paper assesses the relative importance of objective and subjective determinants of judgment in a typical social judgment situation. A moral dilemma was described in five written versions: a control version plus four experimental ones. Each experimental version presented a small amount of additional information emphasizing a particular objective consideration bearing on the evaluation of the morally questionable act…
Testing the Deterrent Effect of Capital Punishment: A Reduced Form Approach
There are three principal alternative explanations for the dramatic rise in crime over the last 15 years: (I) the retirement of capital punishment; (2) socioeconomic trends; (3) random social shocks starring with the Kennedy assassination in 1963. This article reports a statistical test of the second of these explanations. On balance, the results are unfavorable to it. The statistical test involves the extrapolation of a predicted homicide rate o…
The Social Dividend Under Market Socialism
A Survey of Market Socialist Forms
Considerable interest is currently emerging in an economic system that would combine the basic socialist principle of public ownership of the non‐human factors of production with the basic free market principle of relatively limited control over the economy by the central government. Such a system has come to be known as “market socialism”. This paper provides a survey over the four primary variants of market socialism that may be distinguished i…
Capital Management Under Market Socialism
Would Democracy Survive under Market Socialism
Many opponents of socialism believe that it is likely to endanger political democracy. Professor Yunker argues here that this need not happen under pragmatic market socialism. He proposes institutional arrangements to discourage the government of the day from using public ownership of business and industrial establishments for the purpose of defeating or suppressing its political adversaries. He expects that, given the democratic political cultur…
A Survey of Market Socialist Forms
Considerable interest is currently emerging in an economic system that would combine the basic socialist principle of public ownership of the non‐human factors of production with the basic free market principle of relatively limited control over the economy by the central government. Such a system has come to be known as “market socialism”. This paper provides a survey over the four primary variants of market socialism that may be distinguished i…
A Comprehensive Incentives Analysis of the Potential Performance of Market Socialism
This article evaluates the performance of contemporary capitalism relative to that of a hypothetical alternative designated ‘profit-oriented market socialism.’ In most respects, profit-oriented market socialism would closely mimic contemporary market capitalism. The major difference would be that most profits and interest generated by the operations of publicly-owned business enterprises would be distributed to the general public as a social divi…
A New Statistical Analysis of Capital Punishment Incorporating U.S. Postmoratorium Data
Objective . This article reports on a basic regression analysis of the deterrence hypothesis incorporating U.S. data that has accumulated since the resumption of capital punishment in 1977. Methods . The cross‐sectional approach employs data on state homicide rates and estimated execution rates between 1976 and 1997 across 50 states and the District of Columbia. The time series approach employs annual data on the U.S. national homicide rate and e…
The Social Dividend Under Market Socialism
Capital Management Under Market Socialism
Is China market socialist? Comparing Western theory to Eastern practice
The question of whether the contemporary Chinese economy is more accurately characterized as market socialist or market capitalist depends to some extent on semantic issues pertaining to the meaning of terms such as capitalism, socialism, and the market. Adding to these complications is the fact that there are several market socialist plans, quite different in their specifics, extant in the systems literature produced by Western economists. The p…
A world economic equalization program: Refinements and sensitivity analysis
In Defense of Utilitarianism: An Economist's Viewpoint
*0034-6764/86/0401-57/$1.50/0 Notes *0034-6764/86/0401-57/$1.50/0
Testing the Deterrent Effect of Capital Punishment: A Reduced Form Approach
There are three principal alternative explanations for the dramatic rise in crime over the last 15 years: (I) the retirement of capital punishment; (2) socioeconomic trends; (3) random social shocks starring with the Kennedy assassination in 1963. This article reports a statistical test of the second of these explanations. On balance, the results are unfavorable to it. The statistical test involves the extrapolation of a predicted homicide rate o…
Capital Management Under Market Socialism
A Survey of Market Socialist Forms
Considerable interest is currently emerging in an economic system that would combine the basic socialist principle of public ownership of the non‐human factors of production with the basic free market principle of relatively limited control over the economy by the central government. Such a system has come to be known as “market socialism”. This paper provides a survey over the four primary variants of market socialism that may be distinguished i…
The Social Dividend Under Market Socialism
Testing the Deterrent Effect of Capital Punishment: A Reduced Form Approach
There are three principal alternative explanations for the dramatic rise in crime over the last 15 years: (I) the retirement of capital punishment; (2) socioeconomic trends; (3) random social shocks starring with the Kennedy assassination in 1963. This article reports a statistical test of the second of these explanations. On balance, the results are unfavorable to it. The statistical test involves the extrapolation of a predicted homicide rate o…
Objective Information and Social Consensus: Some Empirical Evidence on the Relative Importance of Objective and Subjective Determinants of Social Judgment
The experiment reported in this paper assesses the relative importance of objective and subjective determinants of judgment in a typical social judgment situation. A moral dilemma was described in five written versions: a control version plus four experimental ones. Each experimental version presented a small amount of additional information emphasizing a particular objective consideration bearing on the evaluation of the morally questionable act…
A broad utilitarian theory of value and moral value
(1985). A broad utilitarian theory of value and moral value. Forum for Social Economics: Vol. 15, No. 1, pp. 29-59
In Defense of Utilitarianism: An Economist's Viewpoint
*0034-6764/86/0401-57/$1.50/0 Notes *0034-6764/86/0401-57/$1.50/0
Would Democracy Survive under Market Socialism
Many opponents of socialism believe that it is likely to endanger political democracy. Professor Yunker argues here that this need not happen under pragmatic market socialism. He proposes institutional arrangements to discourage the government of the day from using public ownership of business and industrial establishments for the purpose of defeating or suppressing its political adversaries. He expects that, given the democratic political cultur…
On the morality of capitalism: In light of the market socialist alternative
The highly unequal distribution of property return under contemporary capitalism is morally legitimate if property incomes are earned in some meaningful economic sense. But no such sense would exist if some appropriate plan of market socialism could achieve at least as high a level of economic efficiency as contemporary capitalism, while significantly equalizing the distribution of property return. This article discusses various plans of market s…
A world economic equalization program: Refinements and sensitivity analysis
An Economic Model of The East-West Confrontation
In this paper, we develop a comprehensive analytical perspective on the contemporary conflict situation between the United States and the Soviet Union, based upon standard concepts and methodologies in contemporary economic thinking. The perspective involves static-model specification, comparative-statics analysis, and a possible extension of the model to dynamic uncertainty circumstances. Applications of the model include results on the determin…
Capitalism versus Pragmatic Market Socialism: A General Equilibrium Evaluation
Economics
A New Statistical Analysis of Capital Punishment Incorporating U.S. Postmoratorium Data
Objective . This article reports on a basic regression analysis of the deterrence hypothesis incorporating U.S. data that has accumulated since the resumption of capital punishment in 1977. Methods . The cross‐sectional approach employs data on state homicide rates and estimated execution rates between 1976 and 1997 across 50 states and the District of Columbia. The time series approach employs annual data on the U.S. national homicide rate and e…
Estimating optimal expenditures on family planning in developing economies
Could a Global Marshall Plan be Successful? An Investigation Using The Weep Simulation Model
A Comprehensive Incentives Analysis of the Potential Performance of Market Socialism
This article evaluates the performance of contemporary capitalism relative to that of a hypothetical alternative designated ‘profit-oriented market socialism.’ In most respects, profit-oriented market socialism would closely mimic contemporary market capitalism. The major difference would be that most profits and interest generated by the operations of publicly-owned business enterprises would be distributed to the general public as a social divi…
The Grand Convergence
This book describes, evaluates, and advocates for, sweeping changes in our global economic and political structure to ensure the prospects of global human civilization as we confront an uncertain futu
Looking Ahead: The Long View
As the third millennium of human history gets under way, the position of global human civilization is at once quite promising—but also highly precarious. On one side of the path we are now on lie the “broad, sunlit uplands” of Churchillian rhetoric; 1 on the other side lies a terrifying abyss of death and destruction. In a thousand years’ time, as the fourth millennium begins, what will be the condition of global human civilization? Will the grea…
Capital Wealth Taxation: Theory and Application
Using an ls model analysis, the economic effects of implementing a modest taxation rate on capital wealth (3%) are found to be basically favorable: slightly higher output, lower inequality as measured by various Gini coefficients, and higher social welfare according to the three major social welfare functions—Bentham, Nash and Rawls. Implementing capital wealth taxation enables a compensating reduction in the labor-income taxation rate. The singl…
Is China market socialist? Comparing Western theory to Eastern practice
The question of whether the contemporary Chinese economy is more accurately characterized as market socialist or market capitalist depends to some extent on semantic issues pertaining to the meaning of terms such as capitalism, socialism, and the market. Adding to these complications is the fact that there are several market socialist plans, quite different in their specifics, extant in the systems literature produced by Western economists. The p…
Economics (19 works) · Political science (10 works) · Law (9 works) · Neoclassical economics (9 works) · Socialism (8 works) · Economic Theory and Institutions (7 works) · Market economy (7 works) · Political Economy and Marxism (7 works) · Sociology (7 works) · Capitalism (6 works)