Tuesday, September 27, 2011

The Recommendations of the "Trajtenberg Commission for Social Change" in Israel

After much media ballyhoo, at long last the Trachtenberg (or
Trajtenberg, which is actually how he spells his name in Latin
letters) Commission for Social Change in Israel has submitted its
recommendations. They consist of a potpourri of proposals and
recommendations for alterations in economic and social policy in many
different areas. Many sound like they were adopted from the tent
protesters in meetings in which Trajtenberg sought to prove his

Altogether they consist of about three or four dozen policy proposals.
Many people are asking me what I, as an economist, make of them. I
will not write an in-depth evaluation of the Trachtenberg proposals

Instead, I will content myself with merely noting that out of the 40
or so specific proposals, there are 3 or 4 whose damages would not be
catastrophic if implemented.

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