Utopia, you are standing in it!

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

Geoff Simmons’ Friday Whiteboard podcast last night on the 12% gender wage gap was a good summary of the proximate drivers such as occupational segregation and part-time work. I have a few quibbles with his stress on unconscious bias as the driver of the gender wage gap. What is the cause of the gender pay …

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Originally posted on croaking cassandra:
It has been at least a week since I mentioned central banks on this blog  – probably a first.   There are many areas of economics and public policy that interest me more, and which matter more.  But I have just finished reading Roger Lowenstein’s new book, America’s Bank: The Epic Struggle…

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Originally posted on Utopia, you are standing in it!:
https://twitter.com/RadioLIVENZ/status/662064658203840512 In the course of calling for generous subsidies to electric cars, Greens co-leader James Shaw and transport spokesman Julie Anne Genter destroy the case for further public investment in electric cars and charging stations. https://www.facebook.com/photo.php?fbid=10153718804204467&set=a.109152339466.119222.638564466&type=3&theater The Greens’ spokesmen refer to the biggest drawback of electric…

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Male life expectancy increased from 70.8 in 1980-82 to 79.1 in 2012-14 http://t.co/yJabA1dDIo #OlderPeoplesDay pic.twitter.com/JL7qARejCC — Office for National Statistics (@ONS) October 1, 2015 Next time someone moans about the world,remind them in just 22 yrs,many nations gained 9 yrs life expectancy pic.twitter.com/GP5DgUdcPB — Paul Kirby (@paul1kirby) November 26, 2015

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Originally posted on jesscarswelleconomics:
Governments everywhere will cry out about the alleged perils of deflation. Prices are falling. Therefore, people are going to delay consumption, resulting in a “deflationary spiral” or depression. “One person’s spending is another person’s income”, they say. So if consumption falls, then so will employment. But this argument is fallacious, and…

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