
Williamson and Wright on sticky prices making sense
18 Jul 2019 Leave a comment
in applied price theory, business cycles, economics of information, industrial organisation, job search and matching, labour economics, labour supply, macroeconomics, monetary economics, survivor principle, Thomas M. Humphrey Tags: New Keynesian macroeconomics, sticky prices

Is there an upper limit for #Fightfor15 logic for further pay rises? What if they are wrong?
16 Jul 2019 Leave a comment
in applied price theory, industrial organisation, labour economics, labour supply, minimum wage, poverty and inequality, survivor principle

If wages go up under the minimum wage increase but employment does not fall, where does the extra output and revenue come from to cover the greater payroll bill?
Even small minimum wage increase have ambiguous employment effects under monopsonistic competition
16 Jul 2019 Leave a comment
in applied price theory, applied welfare economics, industrial organisation, labour economics, labour supply, minimum wage, politics - New Zealand, politics - USA, survivor principle Tags: offsetting behaviour, The fatal conceit, unintended consequences

More creative destruction
11 Jul 2019 Leave a comment
in economic history, entrepreneurship, industrial organisation, survivor principle Tags: creative destruction

When a Spaniard moved to backward Minnesota
10 Jul 2019 Leave a comment
in income redistribution, industrial organisation, labour economics, labour supply, law and economics, politics - USA, Public Choice, rentseeking, survivor principle, unions Tags: employment law, employment protection laws, employment regulation

More evidence of a working rich
29 Jun 2019 Leave a comment
in economics of education, entrepreneurship, financial economics, human capital, industrial organisation, labour economics, labour supply, occupational choice, poverty and inequality, survivor principle Tags: top 1%

The Unfulfilled Promise of the Anti-Discrimination Laws
28 Jun 2019 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, discrimination, economic history, entrepreneurship, industrial organisation, labour supply, law and economics, politics - USA, Richard Epstein, survivor principle Tags: racial discrimination, sex discrimination, The fatal conceit, The pretence to knowledge
Free Market Environmentalism with Terry Anderson: Perspectives on Policy
27 Jun 2019 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, economic history, economics of bureaucracy, energy economics, entrepreneurship, environmental economics, fisheries economics, global warming, income redistribution, industrial organisation, law and economics, property rights, Public Choice, rentseeking, survivor principle Tags: common property, tragedy of the commons
Thomas Sowell on the Myths of Economic Inequality
26 Jun 2019 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, discrimination, economic history, economics of bureaucracy, economics of education, economics of regulation, human capital, industrial organisation, labour economics, labour supply, law and economics, minimum wage, occupational choice, poverty and inequality, property rights, Public Choice, survivor principle, Thomas Sowell, unemployment, unions, welfare reform




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