Brian Easton writes – A woman who was once chief executive of New Zealand’s biggest company said ‘It is true that a large percentage of the [women’s pay] gap is unexplained and that’s where the issue comes about; could it be bias even if that’s unconscious bias? Regardless of how we’ve got a gap … […]
BRIAN EASTON: Claudia Goldin Wins The 2023 Nobel Economics Laureateship
BRIAN EASTON: Claudia Goldin Wins The 2023 Nobel Economics Laureateship
24 Oct 2023 Leave a comment
in discrimination, economic history, gender, health and safety, history of economic thought, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: gender wage gap, sex discrimination
David D. Friedman – The Externality problem: Population, Climate, Pandemic
19 Oct 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, David Friedman, development economics, economic history, economics of climate change, economics of regulation, energy economics, environmental economics, global warming, history of economic thought, law and economics, liberalism, libertarianism, population economics, property rights, Public Choice
David D. Friedman: The Machinery of Freedom, Education, and India
16 Oct 2023 Leave a comment
in David Friedman, development economics, economic history, economics of crime, growth disasters, growth miracles, history of economic thought, law and economics, liberalism, libertarianism, property rights
An Evening With The Philosophical Muser #11: Discussion With Dr. David Friedman
14 Oct 2023 Leave a comment
in comparative institutional analysis, David Friedman, history of economic thought, law and economics, libertarianism, property rights
Ronald Coase part 2: Markets Don’t Fail, They Fail to Exist
12 Oct 2023 Leave a comment
in applied price theory, comparative institutional analysis, economics of regulation, history of economic thought, industrial organisation, law and economics, property rights, Ronald Coase, Ronald Coase, theory of the firm
How to Make *Defending the Undefendable* Defensible
12 Oct 2023 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, history of economic thought
When the truth is ugly, people lie. Psychologists call this “Social Desirability Bias.” Human beings exaggerate their patriotism and piety, their altruism and loyalty, their intelligence and their tolerance. Social Desirability Bias (SDB) is embedded in language itself: When someone asks, “Would you like to come to my party?,” you refuse with “Sorry, I can’t”…
How to Make *Defending the Undefendable* Defensible
“She was a detective. She has inspired many researchers to study these questions
09 Oct 2023 Leave a comment
in applied price theory, discrimination, econometerics, economic history, gender, history of economic thought, human capital, labour economics, labour supply, occupational choice Tags: gender wage gap, sex discrimination
Claudia Goldin | Women in Economics
09 Oct 2023 Leave a comment
in applied price theory, discrimination, econometerics, economic history, gender, history of economic thought, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: gender wage gap, sex discrimination
David Friedman on his Intellectual Legacy
08 Oct 2023 Leave a comment
in David Friedman, history of economic thought, law and economics
Quotation of the Day…
07 Oct 2023 Leave a comment
in applied price theory, economic history, history of economic thought, industrial organisation Tags: competition and monopoly, competition law
Tweet… is from page 5 of Gabriel Kolko’s 1963 book, The Triumph of Conservatism: Contrary to the consensus of historians, it was not the existence of monopoly that caused the federal government to intervene in the economy [in the late 19th and early 20th centuries], but the lack of it. DBx: Market competition is astonishingly…
Quotation of the Day…
Why Sweden Isn’t an Example of Socialism
04 Oct 2023 Leave a comment
in economic growth, economic history, economics of regulation, history of economic thought, industrial organisation, labour economics, macroeconomics, welfare reform Tags: Sweden
When I meet Americans who self-identify as “socialists,” it is quite uncommon for them to advocate the abolition of private property and the “collective or governmental ownership and administration of the means of production and distribution of goods”–which is the dictionary definition of socialism. Instead most of the American “socialists” I meet favor a more…
Why Sweden Isn’t an Example of Socialism
Inflation, Deflation and Debt
03 Oct 2023 Leave a comment
in budget deficits, economic history, financial economics, fiscal policy, history of economic thought, macroeconomics, monetary economics
Utopia, you are standing in it! 
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