Dr. Dino Falaschetti

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  www.kxmd.com/getTopic.asp?TopicId=78&Page=43 - [Cached Version]
  Published on: 8/28/2008    Last Visited: 9/10/2008  

  M-S-U economist Dino Falaschetti (fal-uh-SKETT'-ee) spent last year at the White House, briefing the President and W

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  www.thehealthyweb.com/recipes.php?catid=15&blogid=3 - [Cached Version]
  Published on: 5/1/2007    Last Visited: 11/19/2008  

  "People need opportunities, not someone telling them what to do," said Dino Falaschetti, an MSU economist who served the President's Council of Economic Advisers last year. He said that giving more resources to individuals increases their mobility and ability to move toward opportunity.
  
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  18/08: Cooked Mushrooms Retain Nutrients

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  www.thehealthyweb.com/recipes.php?itemid=461#c - [Cached Version]
  Published on: 5/1/2007    Last Visited: 11/19/2008  

  "People need opportunities, not someone telling them what to do," said Dino Falaschetti, an MSU economist who served the President's Council of Economic Advisers last year. He said that giving more resources to individuals increases their mobility and ability to move toward opportunity.
  
  "Some money is needed for infrastructure, but more should go to individuals," Falaschetti said. "That would help Montana's underemployed as much as it might have helped Hurricane Katrina victims."
  
  In Katrina relief, which Falaschetti helped analyze for the White House, federal government relief has totaled at least $100 billion. That's the equivalent of about $200,000 for each victim of the hurricane, though some estimates run as high as $500,000 per person. If more of that money had gone to individuals, the overall relief system might have worked better, he said.
  ...
  Falaschetti said that he does not think it is a coincidence that this notoriously inefficient government occurred in a state that had the least mobile population in the country at the time of Katrina, as measured by the percent of the population that was born in-state.
  
  Falaschetti pointed to the work of Charles Tiebout, a famous economist, who showed that if you can't credibly threaten to take your business elsewhere, you get treated poorly.
  ...
  If individuals have the ability to go elsewhere, they'll get treated better by their elected representatives," said Falaschetti.
  
  Katrina provides an extreme example of approaching a problem by sending money to the place, he said.
  
  "In trying to provide assistance, individuals and the federal government sent money to a variety of agencies, but providing financial resources to an inefficient government did not help it become efficient," Falaschetti said.
  
  The alternative, he said, is to help the people directly.
  
  "The best way to help the place is to help the people," he said.
  
  "We need to ask the question, 'How do we fundamentally change people's life chances?' To do that, we need to give people access to opportunity."
  
  Practically speaking, giving people access to opportunity means that you need to give them access to transportation, he said. Or, as he said in a recent talk to Opportunity Link of Northcentral Montana, "If you love somebody, set them free."
  
  A bus system, while a useful community service, still constrains a person from freely choosing where he or she would go. On the other hand, giving someone a personal means of transportation goes much further toward helping them move toward opportunity, he said.

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  www.thehealthyweb.com/recipes.php?blogid=3 - [Cached Version]
  Published on: 5/1/2007    Last Visited: 11/19/2008  

  "People need opportunities, not someone telling them what to do," said Dino Falaschetti, an MSU economist who served the President's Council of Economic Advisers last year. He said that giving more resources to individuals increases their mobility and ability to move toward opportunity.
  
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  01/02: Get Free Recipes, Help Food Banks

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  www.thehealthyweb.com/recipes.php?blogid=3&archive=2007 - [Cached Version]
  Published on: 3/1/2007    Last Visited: 11/19/2008  

  "People need opportunities, not someone telling them what to do," said Dino Falaschetti, an MSU economist who served the President's Council of Economic Advisers last year. He said that giving more resources to individuals increases their mobility and ability to move toward opportunity.
  
  » Read More

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  www.isnie.org/ISNIE01/ISNIE2001program.htm - [Cached Version]
  Published on: 9/13/2001    Last Visited: 3/17/2007  

  Discussants: Dino Falaschetti (University of California) and Charles Elworthy (Free University of Berlin)
  ...
  Dino Falaschetti (University of California)

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  Ag News - [Cached Version]
  Last Visited: 8/9/2009  

  "People need opportunities, not someone telling them what to do," said Dino Falaschetti, an MSU economist who served the President's Council of Economic Advisers last year. He said that giving more resources to individuals increases their mobility and ability to move toward opportunity.
  
  "Some money is needed for infrastructure, but more should go to individuals," Falaschetti said. "That would help Montana's underemployed as much as it might have helped Hurricane Katrina victims."
  
  In Katrina relief, which Falaschetti helped analyze for the White House, federal government relief has totaled at least $100 billion. That's the equivalent of about $200,000 for each victim of the hurricane, though some estimates run as high as $500,000 per person. If more of that money had gone to individuals, the overall relief system might have worked better, he said.
  ...
  Falaschetti said that he does not think it is a coincidence that this notoriously inefficient government occurred in a state that had the least mobile population in the country at the time of Katrina, as measured by the percent of the population that was born in-state.
  
  Falaschetti pointed to the work of Charles Tiebout, a famous economist, who showed that if you can't credibly threaten to take your business elsewhere, you get treated poorly.
  ...
  If individuals have the ability to go elsewhere, they'll get treated better by their elected representatives," said Falaschetti.
  
  Katrina provides an extreme example of approaching a problem by sending money to the place, he said.
  
  "In trying to provide assistance, individuals and the federal government sent money to a variety of agencies, but providing financial resources to an inefficient government did not help it become efficient," Falaschetti said.
  
  The alternative, he said, is to help the people directly. "The best way to help the place is to help the people," he said.

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  Brian Leiter's Law School Reports: Faculty News - [Cached Version]
  Last Visited: 7/14/2007  

  Dino Falaschetti, an economist at Montana State University, has accepted a tenured offer from the law school at Florida State University, which has a growing contingent of scholars doing economically-informed empirical legal studies.

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  Great Falls Tribune - www.greatfallstribune.com -... - [Cached Version]
  Published on: 1/28/2007    Last Visited: 1/29/2007  

  Montana State University-Bozeman economics professor Dino Falaschetti, a former member of the U.S. President's Council of Economic Advisers and keynote speaker at the meeting, said current federal policies that focus on rebuilding physical places proved to be unsuccessful during the recent attempts at restoring Louisiana and portions of the Gulf Coast after Hurricane Katrina.
  
  Falaschetti used the example of the Katrina aftermath when he spoke to about 50 people at the membership meeting, which featured several speakers who focused on current and future efforts to end poverty.He said that even after billions of dollars were spent on the Gulf Coast recovery, people there are no better off than they were before the hurricane.
  
  Directly funding programs like Opportunity Link is more likely to empower people, which in turn, empowers and improves towns and communities, he said.
  
  "There are a lot of developmental resources out there and we need to aim them more directly at constituents," Falaschetti said.

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  Great Falls Tribune - www.greatfallstribune.com -... - [Cached Version]
  Published on: 11/26/2006    Last Visited: 11/26/2006  

  BOZEMAN - Dino Falaschetti spent last year at the White House briefing the President and White House officials on the effects of economic policy.Now the economist is spicing his Montana State University lectures with glimpses of the potential - and limits - of economic analysis.
  
  Falaschetti taught economics at MSU for three years before being chosen as a senior economist for the President's Council of Economic Advisers.During his yearlong tenure with the council, he used the tools of microeconomics to analyze such issues as pension fund problems in America, how to allocate resources to fight terrorism and how to help areas struck by Hurricane Katrina.
  ...
  We can use these tools to analyze emerging issues," Falaschetti told students in his undergraduate microeconomics course recently.However, he added, "There are persistent political forces that work against rational economic policies.

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