The Newtown, Connecticut Tragedy

Most public disputes involve issues for which there is no obvious solution. If there were, it would have been taken already. Even our fractious politicians have been able to pluck the low hanging fruit. To reduce the number of innocent people slain by crazy gunmen (they have all been men/boys) should we tighten gun controls, liberalize institutionalization of the (probably) insane, or restrict violent games and movies or all or none of these. Any of these measures involve tradeoffs between safety and freedom. The preferred boundary shifts from time to time in the face of events and public sentiment. The following two articles are particularly insightful on this topic.

Charles Krauthammer:  “The roots of mass murder”   http://www.washingtonpost.com/opinions/charles-krauthammer-the-roots-of-mass-murder/2012/12/20/e4d99594-4ae3-11e2-b709-667035ff9029_story.html

Senator Jon Manchin:  “Obama and the NRA both fall short”  http://www.washingtonpost.com/opinions/sen-joe-manchin-between-obama-and-the-nra-another-path-to-stopping-mass-violence/2012/12/21/181d4e94-4adc-11e2-9a42-d1ce6d0ed278_story.html

Advertisements

About wcoats

Dr. Warren L. Coats specializes in advising central banks on monetary policy, and in the development of their capacity to formulate and implement monetary policy. He is retired from the International Monetary Fund, where, as Assistant Director of the Monetary and Financial Systems Department, he led missions to over twenty countries. Before then, he served as Visiting Economist to the Board of Governors of the Federal Reserve System, and to the World Bank, and was Assistant Prof of Economics at the Univ. of Virginia from 1970-75. Most recently he was Senior Monetary Policy Advisor to the Central Bank of Iraq; an IMF consultant to the central banks of Afghanistan, Kenya and Zimbabwe; and a Deloitte/USAID advisor to the Government of South Sudan. He is currently a member of the Editorial Board of the Cayman Financial Review and until the end of 2013 was a member of the IMF program team for Afghanistan. His most recent book is entitled "One Currency for Bosnia: Creating the Central Bank of Bosnia and Herzegovina."
This entry was posted in News and politics and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s