Source: Factual Free-Market Fairness | Bleeding Heart Libertarians.
Deirdre McCloskey on the importance of paying attention to what happened under the jackboot of neoliberalism
05 Jun 2016 Leave a comment
in applied price theory, applied welfare economics, development economics, economic history, economics of regulation, income redistribution, liberalism, Marxist economics
Yes, the World is Getting Better. Here’s Why.
05 Jun 2016 Leave a comment
in applied welfare economics, development economics, economic growth, economic history Tags: pessimism bias, The Great Enrichment
Nuclear energy is a seriously safe power source
05 Jun 2016 Leave a comment
in economic history, energy economics, environmental economics, health and safety, labour economics Tags: coal prices, comic power, hydroelectric power, nuclear energy, risk risk trade-offs, solar power, wind power
3 common myths about capitalism
05 Jun 2016 Leave a comment
in applied price theory, applied welfare economics, development economics, economic history, growth disasters, growth miracles, industrial organisation Tags: capitalism and freedom, The Great Fact
German territory lost in the 20th century
04 Jun 2016 Leave a comment
in defence economics, economic history Tags: East Germany, economics of borders, Germany, maps, World War I, World War II
Workers’ Compensation: Growing Along with Productivity
04 Jun 2016 Leave a comment
in applied welfare economics, economic history, politics - USA Tags: living standards, measurement error, middle class stagnation, wage stagnation
Coal is the best resource we have in the fight to end poverty
04 Jun 2016 Leave a comment
in development economics, economic history, energy economics, environmental economics, global warming, growth disasters, growth miracles Tags: coal prices, rational irrationality, The Great Escape
General government net financial liabilities as % Portuguese, Italian, Greek, Spanish and Irish GDPs
03 Jun 2016 Leave a comment
in budget deficits, business cycles, economic growth, economic history, Euro crisis, financial economics, fiscal policy, global financial crisis (GFC), macroeconomics Tags: Greece, Ireland, Italy, Portugal, public debt management, sovereign debt crises, sovereign defaults, Spain
I had borrowed a lot of money from scratch after 2007. Greece borrowed a lot of money of its own accord from 2010. Italy always owed a lot of money. Spanish do not know all that much money considering their dire financial circumstances.
Source: OECD Economic Outlook June 2016 Data extracted on 01 Jun 2016 12:57 UTC (GMT) from OECD.Stat
How Budget Airlines Work
02 Jun 2016 Leave a comment
in applied price theory, economic history, entrepreneurship, transport economics Tags: budget airlines, entrepreneurial alertness
Military spending since the end of the Cold War
02 Jun 2016 Leave a comment
in defence economics, economic history Tags: Cold Wall, military spending
Equilibrium unemployment rate: USA, UK, France, Germany, Canada & Australia, 1985-2017
02 Jun 2016 Leave a comment
in business cycles, economic growth, economic history, global financial crisis (GFC), great recession, labour economics, labour supply, unemployment Tags: British economy, Canada, equilibrium unemployment rate, France, Germany, natural unemployment rate
I do admire the way in which the USA has been able to have a steadily falling equilibrium unemployment rate since 1984 through thick and thin. The Great Recession had no impact on the US equilibrium unemployment rate. Not only has the largest member been able to do this, the OECD host country (red squares) has had a pretty steady natural unemployment rate too all things considered.
Source: OECD Economic Outlook June 2016 Data extracted on 01 Jun 2016 12:40 UTC (GMT) from OECD.Stat
Few of the top 50 billionaires inherited their wealth
01 Jun 2016 Leave a comment
in applied price theory, applied welfare economics, economic history, entrepreneurship, financial economics, human capital, labour economics, poverty and inequality, unions Tags: entrepreneurial alertness, inherited wealth, superstar wages, superstars, top 0.1%, top 1%
Of the 15 inheritance based billionaires, three are from the Walton family, two are the Koch brothers and another three are from the Mars family.
Source: The world’s top 50 billionaires: A demographic breakdown.
Dominant religions across British Indian Empire in 1909
01 Jun 2016 Leave a comment
in economic history, economics of religion Tags: India
India
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