Would @GetUp @SenSanders go back in Time Machine to their 1970s glory days?
27 Mar 2017 1 Comment
in applied price theory, applied welfare economics, development economics, economic history, growth miracles, politics - USA Tags: anti-market bias, Leftover Left, pessimism bias, The Great Enrichment, top 1%
18.1% of all children born on this planet in 1960 died before they had their fifth birthday ourworldindata.org/data/populatio… https://t.co/1FcIzAk88b—
Ninja Economics (@NinjaEconomics) December 28, 2015
A Graph for Pope Francis: If You Want to Help the Poor, You Should Embrace Capitalism. Exhibit A: See Chart http://t.co/yG1ixKZxrJ—
Mark J. Perry (@Mark_J_Perry) September 21, 2015
Polio vaccine – thanks Dr. Jonas Salk for saving so many lives
27 Mar 2017 Leave a comment
in economic history, health economics Tags: polio, vaccination
Business Cycles – Edward C. Prescott
25 Mar 2017 Leave a comment
in business cycles, development economics, economic growth, economic history, financial economics, fiscal policy, macroeconomics Tags: Edward Prescott, real business cycles
Has family poverty halved over the last 20 years?
25 Mar 2017 Leave a comment
in economic history, politics - New Zealand, poverty and inequality Tags: child poverty, family poverty, The Great Enrichment
According to Brian Perry, the the expert at the Ministry of Social Development writing in last year’s Social Report:
The primary measure is the proportion of people in households with equivalised disposable income net-of-housing-costs below a threshold set at 50 percent of the 2007 household disposable income median – and held fixed in real terms (the 2007 anchored or constant value measure, CV-07).
This measure shows whether the incomes of low-income households are rising or falling in real terms, irrespective of what is happening to the incomes of the rest of the population.
The two other measures use fully relative thresholds set at 50 and 60 percent of the current year’s household disposable income median net-of-housing-costs (REL 50/60). These measures reflect how low-income households are faring relative to middle-income households.
The latest on The Great Escape
17 Mar 2017 Leave a comment
in development economics, economic history, growth miracles Tags: The Great Escape
Capitalism was the engine of liberation from domestic drudgery
12 Mar 2017 Leave a comment
in economic history, labour economics, labour supply Tags: creative destruction, engines of liberation, household production, housework, technology diffusion, The Great Enrichment
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100 Years of Fashion: Men
10 Mar 2017 Leave a comment
in economic history, economics Tags: The Great Enrichment
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