Deirdre McCloskey on the false consciousness of the working class in the Age of Enrichment

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This is how babies used to fly on airplanes

https://twitter.com/HistoricalPics/status/537113468965765121

Deirdre McCloskey explains the Bourgeois Deal

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The relative importance of capitalism and the British welfare state in abolishing destitution

HT: Andrew Newell

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Murphy’s Law of economic policy

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An organ shortage kills 30 Americans every day. Is it time to pay donors? – The Washington Post

organ

via An organ shortage kills 30 Americans every day. Is it time to pay donors? – The Washington Post.

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

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Have changing household composition and retirement caused the decline in median household income? » AEI

earners

via Have changing household composition and retirement caused the decline in median household income? » AEI.

Deirdre McCloskey on the ever-changing gripes of the Left

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What does it mean to be worse off now than in 1979?

Does the chart say that the basket of goods you could buy in 1979, in quantity and quality, was better than now? Every technological upgrade and new product has passed everyone by but the rich?

It’s not just Ed Miliband. Labour’s on the wrong side of history » The Spectator

left-in-the-lurch

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

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.

Bill Easterly on who shall nudge the nudgers

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Intergenerational mobility in 1 chart

https://twitter.com/conradhackett/status/534642171035394048

Steven Landsburg on the difference between an absurdity and a lie about Obamacare

via In Defense of Gruber at Steven Landsburg | The Big Questions: Tackling the Problems of Philosophy with Ideas from Mathematics, Economics, and Physics.

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