Celebrating humanity's flourishing through the spread of capitalism and the rule of law
27 Apr 2025 Leave a comment
in discrimination, economics of education, human capital, labour economics, labour supply, politics - USA Tags: affirmative action, free speech, political correctness, racial discrimination, regressive left
After the Supreme Court declared an end to the use of race criteria in college admissions, many administrators pledged to find a way around the decision. Schools are using essay prompts to flag race while rejecting the use of standardized testing to boost diversity in admissions. In the meantime, these schools are rejecting students with […]
Weak Essay? Student Rejected by Top Universities Despite Near Perfect Scores and $30 Million App
08 Apr 2025 Leave a comment
in human capital, labour economics, labour supply, population economics Tags: economics of immigration
07 Apr 2025 Leave a comment
in economic history, economics of education, economics of regulation, human capital, labour economics, labour supply, law and economics, liberalism, Marxist economics, occupational regulation, politics - New Zealand, property rights Tags: Age of Enlightenment, free speech, political correctness, racial discrimination, regressive left
The Committee probably went as far as it could Gary Judd writes – What the Committee did The Regulation Review Committee decided (1) that making tikanga a compulsory subject for law students did not unduly trespass on personal rights and liberties, but (2) requiring tikanga to be incorporated in the other compulsory subjects was an […]
The Regulation Review Committee’s tikanga decision
03 Apr 2025 Leave a comment
in discrimination, economics of education, health economics, human capital, income redistribution, law and economics, liberalism, Marxist economics, politics - New Zealand, Public Choice, rentseeking Tags: affirmative action, free speech, political correctness, racial discrimination, regressive left
Muriel Newman writes – King’s Counsel Gary Judd has been at the forefront of a battle to defend New Zealand from the actions of Maori tribal leaders attempting to force their cultural apartheid onto our country. He’s defending the Rule of Law from attack by those pushing for ‘decolonisation’ by arguing that since ‘tikanga’ is an ‘amorphous […]
Cultural Apartheid
30 Mar 2025 Leave a comment
in discrimination, econometerics, economics of education, gender, human capital, labour economics, labour supply, occupational choice, politics - New Zealand, poverty and inequality Tags: gender wage gap, sex discrimination
30 Mar 2025 Leave a comment
in applied price theory, discrimination, econometerics, economics of education, gender, human capital, labour economics, labour supply, occupational choice Tags: gender wage gap
This paper examines the effects of the Big Five personality traits on labor market outcomes and gender wage gaps using a job search and bargaining model with parameters that vary at the individual level. The analysis, based on German panel data, reveals that both cognitive and noncognitive traits significantly influence wages and employment outcomes. Higher […]
Personality traits and gender gaps
27 Mar 2025 Leave a comment
in applied price theory, economics of education, human capital, income redistribution, labour economics, labour supply, poverty and inequality, Public Choice, rentseeking, urban economics Tags: regressive left
Another simple proof.
People Barely Care About Equality
27 Mar 2025 Leave a comment
in applied price theory, human capital, labour economics, labour supply, law and economics, macroeconomics, managerial economics, monetary economics, organisational economics, personnel economics, property rights, unemployment Tags: efficiency wage, wage rigidity
Elon Musk’s email to federal employees prompted angst, but lots of employers use technology for continuous feedback on worker performanceBy Natasha Khan and Ray A. Smith. Excerpts:”What did you do last week?The question that Elon Musk lobbed to federal workers in an email set off anger and angst from unions and employees. It also prompted…
Bosses Don’t Need a ‘What Did You Do’ Email. They’re Already Tracking You. (and how this might be related to Keynes’ theory of sticky wages)
26 Mar 2025 1 Comment
in discrimination, economics of education, health economics, human capital, labour economics, labour supply, occupational choice, politics - New Zealand Tags: political correctness. affirmative action, racial discrimination, regressive left
Here’s an archived link to an ad for a consultant oral maxillofacial surgeon at Dunedin Hospital. The curious thing—well, not so curious given that it’s New Zealand,—is the list of required qualifications. Click to read (a New Zealand dollar is worth about 57¢ in U.S. currency): Some of the details: About the role In this […]
Facial surgeons wanted in New Zealand, must be intimately familiar with all things Māori
25 Mar 2025 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic history, economics of education, growth disasters, growth miracles, human capital, income redistribution, industrial organisation, international economic law, international economics, labour economics, labour supply, occupational choice, politics - New Zealand, poverty and inequality, Public Choice, rentseeking, survivor principle Tags: India, preferential trade agreements
Chris Trotter writes – What does India want from New Zealand? Not our dairy products, that’s for sure, it’s got plenty of those. Indeed 45 percent of the Indian population are small-scale farmers, most of them running a few head of cattle – not to eat, you understand – but to milk. If it once […]
What does India want – and what is New Zealand willing to give?
25 Mar 2025 1 Comment
in economics of education, health and safety, human capital, occupational choice Tags: cognitive psychology, educational psychology
The curse of knowledge is a cognitive bias that occurs when someone, possessing knowledge or expertise on a particular topic, struggles to imagine or communicate with others who lack the same understanding or information. Essentially, once we know something, it’s very hard to imagine what it’s like not to know it. How it manifests: Why it happens: […]
The curse of knowledge
22 Mar 2025 Leave a comment
in economics of crime, economics of education, human capital, labour economics, labour supply, law and economics, occupational choice, poverty and inequality Tags: College premium, signaling
Bet On It reader Dan Barrett wrote these notes for his Book Nook book club on my Selfish Reasons to Have More Kids: Why Being a Great Parent Is Less Work and More Fun Than You Think. Dan’s idea:I’m organizing reading groups packaged as the Book Nook to help colleagues (1) guide their own learning…
Book Nook Reading Notes on *Selfish Reasons to Have More Kids*
20 Mar 2025 Leave a comment
in discrimination, economics of education, gender, human capital, labour economics, labour supply, occupational choice, politics - USA Tags: 2024 presidential election, affirmative action, free speech, political correctness, racial discrimination, regressive left, sex discrimination
This announcement came from our Provost’s office, but apparently hasn’t been sent to all parts of the University. Nevertheless, it surely applies to all job ads for the University of Chicago. What it shows is that the University has updated its Equal Employment Opportunity statement, a statement that must be included in all ads for […]
University of Chicago updates equal-opportunity statement for job ads
11 Mar 2025 Leave a comment
in applied price theory, econometerics, economics of education, human capital, labour economics, labour supply
Economist: In America returns are especially large in computer science and in engineering. They are slightly smaller in other science subjects, in part because an undergraduate degree in these already bumps up salaries by quite a lot. Teachers who bag graduate degrees in education tend to earn more, even if wages for the profession as…
Is your master’s degree worthless?
10 Mar 2025 Leave a comment
in business cycles, economic history, economics of bureaucracy, economics of education, history of economic thought, human capital, inflation targeting, labour economics, labour supply, macroeconomics, monetary economics, occupational choice, politics - New Zealand, Public Choice Tags: Canada, monetary policy
Congratulations Mark Carney. When I went to the UK to study economics, we started off doing a degree called Master of Philosophy in…
My Former Economics MPhil and DPhil Class-Mate for many hard years, Mark Carney, becomes PM of Canada.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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