Deirdre McCloskey on Piketty’s definition of wealth in the Age of Human Capital

Image

Three Theories of Justice

Ethical Realism

I will discuss three theories of justice: Mill’s Utilitarianism, Rawls’s Justice as Fairness, and Nozick’s libertarianism. Much of my understanding of theories of justice comes from Business Ethics (Third Edition) by Willian H. Shaw. I will expand my discussion of justice by considering objections to each of these theories, but I do not necessarily endorse any of the objections and there could be good counterarguments against them.

View original post 6,366 more words

Africa’s military spending spree

https://twitter.com/EconBizFin/status/536308656368025600

Public opinion on conspiracy theories

via Public opinion on conspiracy theories.

Again with the 90-day trial

Groping towards Bethlehem

Several years ago, New Zealand law was changed to allow smaller employers a 90-day trial period for new employees (yes, you wag, ‘smaller’ is measured in number of employees not in centimetres). In the trial period, employers could simply let people go, no harm, no foul. This provision was later extended to all employers.

The Council of Trade Unions did not approve in 2010:

The 90-day trials are part of a “low road” approach to employment. In the 1990s this road led employers to rely on low wages and skills, building a distrustful and ultimately unsustainable workplace environment. It corrodes the trust required for those wishing to take the “high road” of long term, respectful employment relationships which strengthen productivity, skills, work satisfaction, and wages.

According to CTU President Helen Kelly, it still does not approve in 2014:

“The infamous 90 day trial period is a flop. There is…

View original post 403 more words

Milton Friedman on Public Schools and School Choice

Got drunk last weekend, either stole a cat or it followed me home–charlottesville.craigslist

image 1

So this post is pretty straightforward — if the cat in the picture is yours please email me. I got pretty drunk last weekend and when I woke up (around 9AM this past Sunday) there was a cat sleeping in the corner of my room. No collar but seems trained.

via Got drunk last weekend, either stole a cat or it followed me home.

Explaining The Gender Wage Gap

The Dish

Economist Claudia Goldin suggests that a bias against workplace flexibility is to blame:

Many companies still richly reward people who are available and work long, continuous hours, Goldin says. They give premium pay to certain key players – mostly men who don’t take time off for children or aging relatives. So women or men who need flexible schedules obtain them “at a high price, particularly in the corporate, finance and legal worlds,” Goldin writes in her paper. Technology and science fields are better off in pay equity, as are certain health care careers. … “It isn’t, quote, a women’s issue,” says Goldin in an interview with Quartz. The pay disparity shows up equally when male MBAs need reduced schedules or time off for personal or family needs.

Previous Dish on the wage gap and workplace flexibility here, hereherehere, and here.

View original post

US – The education gap is a main reason for the growing income divide says Standard & Poor

Job Market Monitor

Technological achievement has saved us time and reconfigured our daily routines, allowing us to focus on our own skills and boosting productivity and growth. These advances are naturally disruptive in the beginning as workers adjust; that disruption becomes alarming when people don’t have the means to adapt, making a lasting impact on career development.

Although the U.S. has been fairly quick to adapt in the past, today’s workers have been left behind by technological change. Indeed, while recent advances now require many workers to have graduated from college, the supply of college-educated workers hasn’t kept up with demand–and even the fraction of high school graduates has stopped climbing.

This education gap is a main reason for the growing income divide, and it affects both wages and net worth. From a wage perspective, occupations that typically require postsecondary education generally paid much higher median wages ($57,770 in 2012)–more than double those…

View original post 1,610 more words

The new board game for the Left over Left

https://twitter.com/TartanTantrum/status/536072856309084161

Image

Previous Older Entries

JONATHAN TURLEY

Res ipsa loquitur - The thing itself speaks

(macro)Economics live from London

Franck Portier's professional page

Catallaxy Files

Australia's leading libertarian and centre-right blog

Climate Audit

by Steve McIntyre

The Secret Barrister

Independent Blogger of the Year, The Comment Awards 2016 & 2017

Notes On Liberty

Spontaneous thoughts on a humble creed

StephenFranks.co.nz

A New Zealand lawyer, ex-MP, farmer and enthusiast for life opines on law, politics and the universe

Books & Boots

reflections on books and art

Legal History Miscellany

Posts on the History of Law, Crime, and Justice

The Dangerous Economist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Sex, Drugs and Economics

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

The Long Run

the EHS blog

The Undercover Historian

Beatrice Cherrier's blog

Vincent Geloso

Economics, History, Lots of Data and French Stuff

Climatism

Tracking Anthropogenic Climate Alarmism

Science Matters

Reading between the lines, and underneath the hype.

Point of Order

Politics and the economy

FREEcology

Libertarian environmentalism

Doc's Books

A window into Doc Freiberger's library

Newmark's Door

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Media Myth Alert

Calling out media myths

Uneasy Money

Commentary on monetary policy in the spirit of R. G. Hawtrey

European Royal History

Exploring the History of European Royalty

Tallbloke's Talkshop

Cutting edge science you can dice with

Marginal REVOLUTION

Small Steps Toward A Much Better World

THE COLUMBOPHILE

The blog for those who LOVE Lieutenant Columbo...

The Risk-Monger

Let's examine hard decisions!

NOT A LOT OF PEOPLE KNOW THAT

“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.

STOP THESE THINGS

The truth about the great wind power fraud

Trust, yet verify

Searching for the missing pieces of climate change communication

Roger Pielke Jr.

professor, author, speaker

commentisfreewatch.wordpress.com/

Promoting fair and accurate coverage of Israel

Economics in the Rear-View Mirror

Archival Artifacts from the History of Economics

Ideas

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Velvet Glove, Iron Fist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Lindsay Mitchell

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Alt-M

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

croaking cassandra

Economics, public policy, monetary policy, financial regulation, with a New Zealand perspective

James Bowden's Blog

A blog (primarily) on Canadian and Commonwealth political history and institutions

%d bloggers like this: