Why Dogs Have Floppy Ears: An Animated Tale
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in economics of education Tags: evolutionary biology
Why Steel from Before 1945 is Weirdly Expensive
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in defence economics, economics of education
Veteran lefty concedes that most fortunes are self-made
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in economics of education, entrepreneurship, financial economics, human capital, income redistribution, industrial organisation, labour economics, occupational regulation, politics - New Zealand, poverty and inequality, Public Choice, public economics, survivor principle Tags: top 1%
The Sentinelese: The Tribe Who Kill All Outsiders
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in economic history, economics of crime, economics of education, law and economics, property rights
4 Ways to Uncover Ancient Earthquakes
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in economics of education, economics of natural disasters
Why Are Puppy Eyes So Irresistible?
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in economics of education Tags: dogs
Thomas Piketty on the Politics of Equality | Conversations with Tyler
21 Apr 2022 Leave a comment
in applied price theory, economic history, economics of education, history of economic thought, human capital, income redistribution, labour economics, labour supply, occupational choice, poverty and inequality, Public Choice, public economics Tags: envy, top 1%
We met the world’s first domesticated foxes
19 Apr 2022 Leave a comment
in economics of education Tags: evolutionary biology
Good points
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in economics of education, Karl Popper, liberalism, libertarianism, Marxist economics Tags: conjecture and refutation, philosophy of science, political correctness, regressive left
The Social Contagion Of Mental Disorders
14 Apr 2022 Leave a comment
in economics of education, health economics, liberalism, Marxist economics, politics - Australia, politics - New Zealand, politics - USA Tags: economics of mental illness, free speech, political correctness, regressive left
Like immigrants, aboriginals’ success may be enhanced by the acquisition of skills and traits of the “majority” culture in which they reside
12 Apr 2022 Leave a comment
in economics of education, human capital, labour economics, labour supply, occupational choice
From a review of The Mystery of the Kibbutz: Egalitarian Principles in a Capitalist World Ran Abramitzky
12 Apr 2022 Leave a comment
in applied price theory, comparative institutional analysis, economics of education, human capital, labour economics, labour supply, Marxist economics, personnel economics
From https://www.marketsandmorality.com/index.php/mandm/article/view/1453
“The Mystery of the Kibbutz explores the history of the kibbutz movement and its vision of economic equality, how it thrived despite inherent economic contradictions, and why it eventually declined. He focuses on three challenges in particular: first, the free rider problem, that there is no benefit for working harder when you get the same salary or personal economic benefits; second, adverse selection – that such a social system would tend to attract people who would not be as successful in a capitalist market; or the inverse, a brain drain, that the smartest people or those who could find success outside the kibbutz would tend to leave. Finally, the question of human capital investment: that there would be a tendency to underinvest in human capital, in other words that there would be a lack of incentive for young people to study or work hard because in the end as kibbutz members they can depend on equal income no matter what their contribution is.”
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