Oh, Pretty Woman – Roy Orbison
12 May 2016 Leave a comment
in economics of media and culture, Music Tags: Roy Orbison
Occupations of persons from Panama Papers
12 May 2016 Leave a comment
in economics of media and culture
Can we get an overview of the occupations of the persons associated with the Panama Papers? Well … that might be difficult, but we can get a biased plot by using the listing in Wikidata, where persons associated with the Panama Papers seems to be tagged and where their occupation(s) is listed. It produces the plot below.
It is fairly straightforward to construct such a bubble chart given the new plotting capabilities in the Wikidata Query Service. Dutch Wikipedian Gerard Meijssen seems to have been the one who has entered the information in Wikidata linking Panama Papers to persons via the ‘significant event‘ property. How complete he yet has managed to do this I do not know. Our Danish Wikipedian Ole Palnatoke Andersen set up a page on the Danish Wikipedia at Diskussion:Panama-papirerne/Wikidata tabulating with the nice Listeria tool of Magnus Manske. Modifying Ole’s…
View original post 125 more words
When two monkeys are unfairly rewarded for the same task.
12 May 2016 Leave a comment
in applied price theory Tags: monkeys
Possibly the most Australian video on the internet
12 May 2016 Leave a comment
in economics of media and culture Tags: Australia
The Political Economy of the Minimum Wage
12 May 2016 Leave a comment
in economics of media and culture
Jazz Birthday Calendar, May 11th: Fred Astaire
12 May 2016 Leave a comment
in economics of media and culture
Bringing Growth to the Developing World: The Role of Tax Havens and the Size of Government
12 May 2016 Leave a comment
in economics of media and culture
If nothing else, our leftist friends deserve credit for chutzpah.
All around the world, we see concrete evidence that big government leads to stagnation and decay, yet statists repeatedly argue that further expansions in taxes and spending will be good for growth.
During Obama’s recent state-of-the-union address, he pushed for class warfare policies to finance bigger government, 
claiming such policies would be an “investment” in the future.
But it’s not just Obama. Hillary Clinton, on several occasions (see here, here, here, and here), has explicitly argued that higher tax rates and bigger government are good for growth.
The statists at the Paris-based Organization for Economic Cooperation and Development (financed with our tax dollars) actually argue that higher taxes and more spending will somehow enable more prosperity, both in the developing world and in the industrialized world.
And some left-wing “charities” are getting…
View original post 1,346 more words
The Necessary and Valuable Economic Role of Tax Havens
12 May 2016 Leave a comment
in economics of media and culture
A great post.
Economists certainly don’t speak with one voice, but there’s a general consensus on two principles of public finance that will lead to a more competitive and prosperous economy.
- Lower tax rates are more conducive to work and entrepreneurship than higher tax rates.
- Reducing the tax bias against capital formation will improve growth by increasing saving and investment.
To be sure, some left-leaning economists will say that high tax rates and more double taxation are nonetheless okay because they believe there is an “equity vs. efficiency” tradeoff and they are willing to sacrifice some prosperity in hopes of achieving more equality.
I disagree, mostly because there’s compelling evidence that the left’s approach ultimately leads to less income for the poor, but this is a fair and honest debate. Both sides agree that lower rates and less double taxation will produce more growth 
(though they’ll disagree on how much growth) and…
View original post 811 more words
Basic Facts of Growth and Development
12 May 2016 Leave a comment
in applied welfare economics, development economics, economic history, economics of media and culture, growth disasters, growth miracles Tags: The Great Enrichment, The Great Escape, The Great Fact
Utopia, you are standing in it! 
Recent Comments