See $500,000 Pay, Predictable Hours: How Dermatology Became the ‘It’ Job in Medicine: Americans’ newfound obsession with skin care has medical students flocking to this specialty by Te-Ping Chen of The WSJ. Excerpts:”Four-day workweeks, double the salary of some colleagues and no emails at night. If those perks sound like they belong to a few vaunted…
Two examples of wages rising for one occupation leading workers to move into it from other occupations
Two examples of wages rising for one occupation leading workers to move into it from other occupations
29 Dec 2024 Leave a comment
in applied price theory, economic history, human capital, labour economics, labour supply, minimum wage, occupational choice, poverty and inequality
The Changing US Labor Market
28 Dec 2024 Leave a comment
in applied price theory, economic history, history of economic thought, human capital, labour economics, labour supply, occupational choice, poverty and inequality, unemployment Tags: creative destruction
There is a widespread belief that the US labor market has been undergoing a period of unprecedented chance in the last decade or two. On one hand, David Deming, Christopher Ong, and Lawrence H. Summers case doubt on this historical claim in their essay, ” Technological Disruption in the US Labor Market”–that is, they argue…
The Changing US Labor Market
The curse of socialism
27 Dec 2024 Leave a comment
in development economics, economic history, economics of bureaucracy, economics of crime, growth disasters, health economics, history of economic thought, law and economics, liberalism, Marxist economics, property rights, Public Choice Tags: economics of socialism, The Great Escape
The Great Enrichment
27 Dec 2024 Leave a comment
in development economics, economic history, growth miracles
Technological Disruption in the US Labor Market
27 Dec 2024 Leave a comment
in applied price theory, economic history, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: creative destruction
Deming, Ong and Summers have a good overview of long-run and very recent changes in the US labor market. Using a measure of occupational titles the authors find: The years spanning 1990-2017 were the most stable period in the history of the US labor market, going back nearly 150 years. It’s a bit too early […]
Technological Disruption in the US Labor Market
Maps
26 Dec 2024 1 Comment
in economic history, international economic law, International law, politics - USA Tags: economics of borders, maps
12th century
23 Dec 2024 Leave a comment
in economic history, International law, law and economics, property rights Tags: economics of borders, Mapa
My Submission On The Treaty Principles Bill
22 Dec 2024 Leave a comment
in comparative institutional analysis, constitutional political economy, economic history, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights Tags: constitutional law
Sent in a few minutes ago. Principles of the Treaty of Waitangi Bill I thank you for the opportunity to make a Submission on this very important Treaty Principles Bill which I support very strongly for a number of reasons – not least of those being the undemocratic way the the Labour Government in the […]
My Submission On The Treaty Principles Bill
Recent Paper Shows Little Ice Age, Climate Driven By A Number Of Natural Driving Factors
22 Dec 2024 Leave a comment
in economic history, economics of climate change, energy economics, environmental economics, environmentalism, global warming Tags: climate alarmism
The Little Ice Age By Klimanachrichten The period between 1250 and 1860 is also known as the Little Ice Age. We have already reported on it several times here. The Little Ice Age was the undoing of the Franklin expedition, among others. In search of the Northwest Passage, the crew failed because of the ice,…
Recent Paper Shows Little Ice Age, Climate Driven By A Number Of Natural Driving Factors
Unpaid Life Insurance
21 Dec 2024 Leave a comment
in defence economics, economic history, International law, law and economics, property rights, war and peace Tags: Netherlands, The Holocaust
The Foundation for Individual Insurance Claims Sjoa (Stichting Individuele Verzekeringsaanspraken Sjoa) pays out life insurance policies of individuals who were persecuted as Jews during the Second World War in the Netherlands to their rightful beneficiaries. They have a list of approximately 2,500 individuals with life insurance policies that were likely not paid out to the […]
Unpaid Life Insurance
Nobel Laureate Paul Krugman’s GDP Graph Confirms the Bottom has Fallen Out of the New Zealand Economy
18 Dec 2024 Leave a comment
in budget deficits, business cycles, economic growth, economic history, fiscal policy, macroeconomics, monetary economics, politics - New Zealand
High profile US Economist Paul Krugman has written a New York Times article in which he shows in one graph the incredible resilience and performance of the American Economy. The dark blue line below tracks the pre-pandemic long-run trend in Real GDP. Meanwhile the orange line is actual real GDP. Krugman remarks that now, in…
Nobel Laureate Paul Krugman’s GDP Graph Confirms the Bottom has Fallen Out of the New Zealand Economy
#OTD a monopoly was born!?
15 Dec 2024 Leave a comment
in economic history, entrepreneurship, industrial organisation, survivor principle Tags: competition law, creative destruction, merger law enforcement
More on Business Dynamism
11 Dec 2024 Leave a comment
in applied price theory, economic history, economics of bureaucracy, economics of regulation, entrepreneurship, financial economics, income redistribution, industrial organisation, labour economics, labour supply, managerial economics, organisational economics, personnel economics, Public Choice, rentseeking, survivor principle, theory of the firm Tags: creative destruction, employment law
Over at the Geek Way, Andrew McAfee has created a startling visualization related to entrepreneurship in the US and EU. The Draghi Report on EU competitiveness is generating a small buzz among economists. One startling claim is thatthere is no EU company with a market capitalisation over EUR 100 billion that has been set up…
More on Business Dynamism
Mark David Chapman and the Murder of John Lennon
09 Dec 2024 Leave a comment
in economic history, economics of crime, law and economics, Music Tags: crime and punishment, criminal deterrence, economics of mental health, law and order
The murder of John Lennon on December 8, 1980, stands as one of the most shocking and tragic events in music and cultural history. Mark David Chapman, the man responsible for this heinous act, became infamous as the individual who ended the life of one of the most beloved and influential figures in the world […]
Mark David Chapman and the Murder of John Lennon
The Timeline of Crimes Committed by Bashar al-Assad
09 Dec 2024 Leave a comment
in defence economics, development economics, economic history, economics of crime, growth disasters, International law, law and economics, laws of war, war and peace Tags: Middle-East politics, Syria, war against terror
Bashar al-Assad has been the President of Syria since 2000, inheriting power from his father, Hafez al-Assad. His presidency has been marked by widespread human rights abuses, war crimes, and violations of international law, particularly during the Syrian Civil War that began in 2011. As the leader of the Syrian government, Assad’s policies and military […]
The Timeline of Crimes Committed by Bashar al-Assad
Utopia, you are standing in it! 
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