Are the Poor Getting Poorer?
28 May 2016 Leave a comment
in applied price theory, applied welfare economics, economic history, economics, labour economics, poverty and inequality Tags: pessimism bias, The Great Enrichment
Price Plays an Important Role in Smoking
26 May 2016 Leave a comment
in applied price theory, health economics Tags: Ban-it left, economics of smoking, metals and preferences, nanny state, rational addiction, rational irrationality, tobacco taxation
Different forms of tobacco were tax differently in the USA from 2009. Tobacco taxation is the only time that the Ban-it Left left believes in supply-side economics and the economics of rational addiction.
Source: Jason Furman speaking at the World Bank via Incentives in Action – Marginal REVOLUTION.
Hayek and the Challenge of Living in a Modern Society
26 May 2016 Leave a comment
in applied price theory, Austrian economics, F.A. Hayek Tags: division of labour, spontaneous order
Bill Allen on the profitability of discrimination against women
26 May 2016 Leave a comment
in applied price theory, discrimination, entrepreneurship, gender, labour economics Tags: employer discrimination, gender wage gap
Source: Bonus Quotation of the Day… – Cafe Hayek from William Allen, The Midnight Economist.
% of top incomes from wages, salaries and pensions
23 May 2016 Leave a comment
in applied price theory, applied welfare economics, economic history, entrepreneurship, human capital, industrial organisation, labour economics, labour supply, occupational choice, poverty and inequality, survivor principle Tags: entrepreneurial alertness, envy, superstar wages, superstars, top 1%, top incomes
Everybody from the top 10% to the top 0.01% have to work for their living these days with much of their income coming from wages.
Source: The World Wealth and Income Database.
Do Immigrants Steal Our Jobs?
23 May 2016 Leave a comment
in applied price theory, economic history, industrial organisation, labour economics, labour supply, unemployment Tags: economics of immigration
Money makes people right-wing and inegalitarian
21 May 2016 Leave a comment
in applied price theory, applied welfare economics, public economics Tags: taxation and investment, taxation and labour supply
Figure 1. Evidence on switchers: The percentage of people who switched right (conservative), and previously did not vote conservative, after a lottery win
Source: Money makes people right-wing and inegalitarian | VOX, CEPR’s Policy Portal.
#FightFor15 why not double everybody’s wage if it works for the minimum wage?
21 May 2016 Leave a comment
in applied price theory, labour economics, minimum wage, politics - USA, unemployment Tags: expressive loading, rational irrationality
Source: Poll Results | IGM Forum.
Patents, Prizes, and Subsidies
20 May 2016 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of regulation, entrepreneurship, law and economics, property rights Tags: patents and copyright
Dr Mark Pennington – ‘Robust Political Economy’
20 May 2016 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, economics of media and culture, economics of regulation, entrepreneurship, environmental economics, industrial organisation, liberalism Tags: offsetting behaviour, The fatal conceit, The pretence to knowledge
Are Electric Cars Really Green?
18 May 2016 Leave a comment
in applied price theory, energy economics, environmental economics, global warming Tags: electric cars, rational irrationality
Can private enterprise save our public lands?
17 May 2016 Leave a comment
in applied price theory, applied welfare economics, environmental economics, industrial organisation, privatisation, survivor principle Tags: economics of national parks
Saving Ocean Fisheries with Property Rights
17 May 2016 Leave a comment
in applied price theory, comparative institutional analysis, economics of regulation, environmental economics, fisheries economics, industrial organisation, international economics, law and economics, privatisation, property rights Tags: common property, economics of fisheries, individual transferable quotas, tragedy of the commons
Rockefeller: The Richest American Who Ever Lived
16 May 2016 Leave a comment
in applied price theory, applied welfare economics, economic history, entrepreneurship Tags: superstars
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