The rich in the USA long ago became a working rich; most top incomes are from wages and salaries.
Source: The World Wealth and Income Database.
% US top incomes from wages, salaries and pensions, 1913 – 2015,
18 Jul 2016 Leave a comment
in applied welfare economics, economic history, human capital, industrial organisation, labour economics, occupational choice, politics - USA, poverty and inequality, survivor principle Tags: CEO pay, entrepreneurial alertness, superstar wages, superstars, top 1%, top incomes
NZ top income earners as lazy as ever @MaxRashbrooke @CloserTogether
17 Jul 2016 Leave a comment
in economic history, human capital, labour economics, occupational choice, politics - New Zealand, poverty and inequality Tags: Leftover Left, pessimism bias, top 1%, top incomes, Twitter left
Max Rashbrooke was good enough to remind us that the 2013 update of New Zealand top income shares came online a few days ago.
As is well known to everyone except those obsessed with top income shares, New Zealand top income shares have not changed much since the late 1980s. They are now no higher than in the good old days when New Zealand was an egalitarian paradise in their eyes.
Source: The World Wealth and Income Database.
German, French, British, and US real housing prices, March 1975 to March 2016
15 Jul 2016 1 Comment
in economic history, economics of regulation, politics - USA, urban economics Tags: British economy, France, Germany, housing affordability
Still have not seen a decent explanation for why German housing prices seem to fall for decades on the trot.
What was Maggie Thatcher’s greatest achievement?
13 Jul 2016 Leave a comment
in constitutional political economy, economic history, Public Choice
Lord Mandelson, another founder of New Labour, told The Independent:
Labour went through a near-death experience in the 1980s. We turned ourselves round but the effect of Margaret Thatcher was to remind the Labour Party that it had to listen to the public and not just its activist base in order to be re-elected. In particular, we had to speak to the aspirational working class to whom Lady Thatcher appealed and who we had to win back.
Territorial History of the USA: Every Month for 400 Years
10 Jul 2016 Leave a comment
in economic history Tags: maps
Everything is better now than it ever has been
10 Jul 2016 Leave a comment
in applied welfare economics, development economics, economic history, growth miracles Tags: The Great Enrichment, The Great Escape
Source: Angus Deaton, The Great Escape (2013).
Everything amazing now compared to 1946 but @jacindaardern not happy @dbseymour
10 Jul 2016 Leave a comment
in applied welfare economics, economic history, economics, politics - New Zealand, poverty and inequality Tags: The Great Enrichment, The Great Escape
Yes @greens @GreenpeaceUSA everything is getting better
09 Jul 2016 Leave a comment
in applied welfare economics, development economics, economic history
Countries established by the peace conference at Paris
05 Jul 2016 2 Comments
in defence economics, economic history Tags: Europe, World War I
Source: Map of Europe showing countries as established by the peace conference at Paris – Vivid Maps
How to date an old map
05 Jul 2016 Leave a comment
in economic history Tags: maps
HT: Tommy Ferguson.
35 Years of the World Economy
04 Jul 2016 Leave a comment
in development economics, economic growth, economic history, growth disasters, growth miracles, macroeconomics Tags: The Great Escape, The Great Fact
Europe 1000-2000AD, in 60 Seconds
03 Jul 2016 Leave a comment
in economic history, economics Tags: Europe, maps
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