Usually I am reluctant to criticize or even write about the recently departed, but perhaps for former Presidents there is greater latitude to do so. I never loved Jimmy Carter, and I saw plenty of him on TV and read about his administration on a daily basis in The New York Times. I fully appreciate […]
Some Jimmy Carter observations from the 1970s
Some Jimmy Carter observations from the 1970s
01 Jan 2025 Leave a comment
in business cycles, defence economics, economic history, economics of regulation, energy economics, macroeconomics, monetary economics, politics - USA, war and peace Tags: Middle-East politics
Nordhaus on the Perils of Long-Term Forecasting
01 Jan 2025 Leave a comment
in applied price theory, econometerics, economic history Tags: The Great Enrichment
When people try to think about the long-term future, by which I mean here looking a half-century or a century ahead, they often suffer a lack of imagination. As a common example, they take today’s problems and just multiply them by a factor of ten. Or they assume that improved central planning, in one form…
Nordhaus on the Perils of Long-Term Forecasting
The Great Enrichment
01 Jan 2025 Leave a comment
in development economics, economic history, growth disasters, growth miracles Tags: The Great Enrichment
James E. Carter (1924-2024)
30 Dec 2024 Leave a comment
in economic history, politics - USA
Jimmy Carter, the 39th president of the United States, died today at the age of 100. He was the oldest-ever former president of the United States. It is also worth noting that he was married to Rosalynn Carter for an impressive 77 years. George H.W. Bush was the second-oldest former president, passing at the age […]
James E. Carter (1924-2024)
On the Great F.A. Hayek
30 Dec 2024 Leave a comment
in applied price theory, applied welfare economics, economic history, F.A. Hayek, history of economic thought
TweetJonathan Fortier and his colleagues at Libertarianism.org produced this truly splendid 21-minute-long video to commemorate the 50th anniversary of Hayek’s receipt of the Nobel Prize in economics. The post On the Great F.A. Hayek appeared first on Cafe Hayek.
On the Great F.A. Hayek
Creative destruction
29 Dec 2024 Leave a comment
in economic history, entrepreneurship Tags: creative destruction
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
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
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
Utopia, you are standing in it! 
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