— EPI Chart Bot (@epichartbot) December 26, 2015
More evidence from the @economicpolicy institute of the great success of the 1996 US federal welfare reforms
17 Jan 2016 Leave a comment
in economic history, gender, labour economics, labour supply, politics - USA, welfare reform Tags: child poverty, family poverty, single mothers, single parents, US welfare reforms
EU late joiners relative labour productivities @NickCohen4 @iainmartin1 @CapX
17 Jan 2016 Leave a comment
in currency unions, economic growth, economic history, international economics, macroeconomics Tags: Common market, customs unions, European Union, trading blocs preferential trading agreements
Original EU Labor Productivities Relative to U.S. @NickCohen4 @iainmartin1 @CapX
17 Jan 2016 Leave a comment
in currency unions, economic growth, economic history, Euro crisis, international economics, macroeconomics Tags: Brexit, Common market, customs unions, European Union, free trade agreements, preferential trading agreements
Source: Edward Prescott.
Terrorism in Europe since 1970
16 Jan 2016 Leave a comment
in economic history, war and peace Tags: terrorism, war against terror
I used to write essays about the threats of global cooling in high school
16 Jan 2016 Leave a comment
in economic history, economics of media and culture, energy economics, environmental economics, global warming Tags: climate alarmism, conjecture and refutation, global cooling, global warming, growth of knowledge, rational irrationality
Collective bargaining coverage across the OECD, 1990 and 2011
15 Jan 2016 Leave a comment
in economic history, labour economics, poverty and inequality, unions Tags: collective bargaining coverage, top 1%, union membership, union power, union wage premium
Despite all the hullabaloo, collective bargaining agreement coverage is not declined by that much outside of the English-speaking countries. Outside of the USA, the top 1% are very lazy so they have not benefited from this decline of union power. Within the USA, so few people are covered by collective bargaining agreements for so long that it would not figure in the rising top incomes over the last 30 or more years.
Source: Economic Policy Reforms 2015: Going for Growth – © OECD 2015 and OECD Employment Outlook 2002.
As for New Zealand, the main difference between 70% collective bargaining agreement coverage in 1990 and less than 20% collective bargaining coverage in 2011 is real wage growth returned to New Zealand in the early 1990s after 20 years of wage stagnation. The major economic event of the time was the passage of the Employment Contracts Act.
Some films I mostly did not see
15 Jan 2016 Leave a comment
in economic history, economics of media and culture, movies Tags: blockbusters, Hollywood economics
NZ, Oz & US real housing price index, January 1975 – September 2015 @philtwyford @JulieAnneGenter
14 Jan 2016 Leave a comment
in economic history, economics of regulation, politics - Australia, politics - New Zealand, politics - USA, urban economics
Notice that New Zealand housing prices were pretty flat until the passage of the Resource Management Act in 1993.
How America’s Source of Immigrants Has Changed in the States, 1850 – 2013
14 Jan 2016 Leave a comment
in economic history, labour economics, labour supply Tags: economics of immigration
Trigger warning: American political junkies – the cost of presidential campaigns since Lincoln
14 Jan 2016 Leave a comment
in economic history, politics - USA, Public Choice
The man most responsible for money in American politics is President Obama. He refused public funding in the 2008 presidential election of $84 million. This is because he could raise 10 times that online. Senator McCain accepted public funding because his fundraising prospects were so poor for the general election.
Source: The Crazy Cost of Becoming President, From Lincoln to Obama | Mother Jones
Here’s how Scandinavian countries pay for their spending
14 Jan 2016 Leave a comment
in economic history, politics - Australia, politics - New Zealand, politics - USA, public economics Tags: growth of government, Norway, size of government, Sweden
The number of people living in extreme poverty, 1990-2030
14 Jan 2016 Leave a comment
in development economics, economic history, growth miracles Tags: extreme poverty, global poverty, The Great Escape
Percentage of American men and women aged 25 to 29 with bachelors degree or higher, 1971 – 2013
13 Jan 2016 1 Comment
in discrimination, economic history, economics of education, gender, human capital, labour economics Tags: College premium, education premium, graduate premium, reversing gender gap
The gender gap in higher education reversed in the year 2000
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