Tweet… is from page 150 of Columbia University economics professor Arvind Panagariya’s brilliant 2019 book, Free Trade and Prosperity: In India, Bihar is the poorest state and Kerala one of the richest. Going by the Gini coefficient, Bihar is among the states with the least inequality and Kerala among those with the highest inequality. If…
Labour’s decision to support the free trade agreement with India should have surprised nobody. It was always going to be the outcome, with the outstanding question being just when Labour would announce its support for the deal. As this column noted in early February, from the outset Labour has been effectively over a barrel on […]
People sometimes will get excited about big-picture tax fights – whether politicians should raise taxes, whether they should add a VAT, or whether they should scrap the IRS for a flat tax. On the other had, there are a handful of tax issues that induce drowsiness but are nonetheless very important for purposes of tax […]
From young professionals to the working poor, many Cape Town residents complain that out-of-control housing prices have forced them to live far from the jobs, affluent schools and healthy supermarkets available in the city center. They blame deep-pocketed tourists for occupying housing in prime locations and developers for pricing them out. Some 70 percent of…
Shayne Currie reports: One of New Zealand’s biggest news organisations is appealing a precedent-setting court decision, in which a man convicted of assaulting his partner convinced a judge that an online news article about him and the attack should be removed. The district court judge agreed the man, who did not receive name suppression at…
“The problems of famine, overpopulation, poverty, and disease are resolvable. In fact, they have been resolved in the United States and other places where human ingenuity is free to solve them.” The post Resourceful Earth Day: Fred Smith on Julian Simon appeared first on Watts Up With That?.
We construct a posttax, posttransfer income measure from 1963 to 2023 based on the Current Population Survey Annual Social and Economic Supplement that allows us to consistently compare the economic well-being of five generations of Americans at ages 36–40. We find that Millennials had a real median household income that was 20% higher than that…
On April 15th BBC News website’s editors thought that it would be a good idea to facilitate the worldwide amplification of unverified stories told… The post BBC News amplifies a convicted terrorist’s unverified claims appeared first on CAMERA UK.
Part 1 of 2 on a damning new paper that takes on the top-down climate-economics literature — “The empirically inscrutable climate-economy relationship”
I would have missed this video had reader Doug not called my attention to it. It’s a very good half-hour discussion by evolutionary biologist Zach B. Hancock, a professor at Augusta University, in which he recommends the the top ten most influential books in evolutionary biology. Since Hancock is a population geneticist, the books deal…
There are Supreme Court decisions that arrive with fanfare, and then there are those that quietly rearrange the legal landscape in ways that only become obvious after the dust settles. Today’s decision in Chevron USA Inc. v. Plaquemines Parish belongs firmly in the latter category. It is not packaged as a climate case. It does…
Tony Blair writes: The suffering of Gaza, the death and destruction, is undeniable. You can make a legitimate criticism of Israel’s tactics in the conduct of the war. Many Jews around the world make exactly those critiques. But you cannot engage in such criticism legitimately if you do not also condemn the terrorism of October…
The subtitle of the paper is Puzzles, Patterns, and Possible Causes. Here is the abstract: China’s large current account surplus has been an irritant to its trading partners. While industrial and trade policies often lead to sector-level imbalances, they play a relatively limited role in the economy-wide surplus. Structural factors such as an unbalanced sex…
By Inti Pacheco of The WSJ. Excerpts:”Behind the jump: Extreme weather, including droughts in Brazil and Vietnam, had hit coffee crops. And even before any tariff increases, hedge-fund bets anticipating the levies were pushing commodity prices higher.” (droughts cause supply to shift to the left which raises price)”Then in July, President Trump slapped an additional 40%…
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
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