Institutions and Economic Performance | Timur Kuran speaks with Douglass North
22 Nov 2014 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic history, history of economic thought, law and economics, Public Choice Tags: Douglass North, Timur Kuran
It’s not just Ed Miliband. Labour’s on the wrong side of history » The Spectator
21 Nov 2014 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, election campaigns, liberalism, macroeconomics, Marxist economics, political change, politics - Australia, politics - New Zealand, politics - USA, public economics, technological progress Tags: free trade, globalisation, market augmenting governments
Politicians can’t be heroes any more. Instead, they have to operate within the tightly drawn tramlines of the global economy.
This is true for those on the left and the right, but the pressure that this places on countries to adopt a low-tax, light-regulation regime is something with which the right is far more comfortable.
via It’s not just Ed Miliband. Labour’s on the wrong side of history » The Spectator.
Deirdre McCloskey has a 55-page review essay on Piketty
21 Nov 2014 Leave a comment
in applied price theory, applied welfare economics, entrepreneurship, history of economic thought, human capital, labour economics, liberalism, poverty and inequality Tags: Deirdre McCloskey, Piketty
You will find it here (pdf), forthcoming in the Erasmus Journal of Philosophy and Economics.
via Deirdre McCloskey has a 55-page review essay on Piketty.
9/11 conspiracy theories do have the odd hole in them
21 Nov 2014 Leave a comment
in applied price theory, defence economics, liberalism Tags: conspiracy theories
Steven Landsburg on the difference between an absurdity and a lie about Obamacare
20 Nov 2014 Leave a comment
in applied price theory, applied welfare economics, health economics, politics - USA
David Friedman on the costs and benefits of prevention and adaptation to global warming
20 Nov 2014 Leave a comment
.@cgiarclimate Debate on climate change always neglect crucial role of CO2 in agriculture @ifadnews @careemergencies http://t.co/Y3Du5YnF56—
Golden Rice Now (@paulevans18) July 17, 2015
Nicholas Kristof – Where Sweatshops Are a Dream
20 Nov 2014 Leave a comment
in applied price theory, applied welfare economics, development economics, growth disasters, growth miracles, international economic law Tags: child labour, developing countries, Labour standards, neocolonialism
Before Barack Obama and his team act on their talk about “labor standards,” I’d like to offer them a tour of the vast garbage dump here in Phnom Penh.
This is a Dante-like vision of hell. It’s a mountain of festering refuse, a half-hour hike across, emitting clouds of smoke from subterranean fires. The miasma of toxic stink leaves you gasping, breezes batter you with filth, and even the rats look forlorn.
Then the smoke parts and you come across a child ambling barefoot, searching for old plastic cups that recyclers will buy for five cents a pound. Many families actually live in shacks on this smoking garbage.
Mr. Obama and the Democrats who favor labor standards in trade agreements mean well, for they intend to fight back at oppressive sweatshops abroad.
But while it shocks Americans to hear it, the central challenge in the poorest countries is not that sweatshops exploit too many people, but that they don’t exploit enough.
Talk to these families in the dump, and a job in a sweatshop is a cherished dream, an escalator out of poverty, the kind of gauzy if probably unrealistic ambition that parents everywhere often have for their children.
via Op-Ed Columnist – Where Sweatshops Are a Dream – NYTimes.com.
Jon Stewart demolishes Gruber and the Democrats on Obamacare
20 Nov 2014 Leave a comment
in applied price theory, applied welfare economics, economics, economics of regulation, health economics, politics - USA Tags: health insurance, Jon Stewart, Obamacare
Free Market Environmentalism: Breaking the Shackles of Regulation | Terry Anderson 2013
20 Nov 2014 Leave a comment
in applied price theory, economics of regulation, environmental economics, law and economics, property rights Tags: free market environmentalism, Terry Anderson
Richard Posner on behavioural economics and its real-world applications
19 Nov 2014 Leave a comment
in applied price theory, behavioural economics, comparative institutional analysis, labour economics, occupational choice, Richard Posner Tags: behavioural economics, experimental economics, Richard Posner
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