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Abstract.  Economists' credibility has been waning in recent years. Critics usually cite the profession's preoccupation with abstract reasoning and its focus on seemingly irrelevant topics that hold little interest for individuals outside the discipline. While economic science has enormous potential for improving living standards, the profession's adverse reputation is indicative of a discipline seemingly void of any social contribution. This article presents the results of a recently conducted survey of professional economists. The survey was undertaken to ascertain economists' opinions of their own professional work, including the progress of economic research, its usefulness for society, and factors that determine the publication of that research.

The purpose of this paper is to establish a compelling case for the inclusion of the profoundly important "sunk costs are sunk" concept in all principles of economics textbooks. First, the paper will provide examples of the concept's relevance in political/military decisions. Second, it will supply business examples of where failure to recognize this concept has led to nearly disastrous results. Third, it will provide numerous examples of faulty decisions by individuals resulting from the non-application of the concept. Finally, the paper will provide a psychological explanation for the common failure to properly incorporate the concept into logical and rational decision-making.

Abstract This paper presents the results of a recently conducted survey of 1500 professional economists living in the United States and Canada. The study was undertaken in an attempt to ascertain professional economists'views of the worth and usefulness of their own scientific research. The response rate of the survey was 49 percent (734 respondents) yielding statistical results which suggest that economists do believe their research has some social value. Economists in this survey believe, however, that the spillover benefits from that research are not substantial and are probably limited to certain groups.

U.S. Federal legislation related to family planning services for women has been an ongoing process for several decades. Over the years numerous researchers have written about and speculated on many different Congressional acts germane to family planning. Most of these studies, however, have limited their discussions to a specific piece of legislation, its implications, and/or social consequences. The purpose of this study is to present a comprehensive (but relatively brief) history of federal legislation related to family planning services for women of all ages. The list of bills and acts is long and dates back to 1935.