Robots Are Really Bad At Folding Towels

25 Jun 2016 Leave a comment

by Jim Rose in economics, economics of media and culture, entrepreneurship, human capital, labour economics, labour supply Tags: ,

Source: Robots Are Really Bad At Folding Towels : Planet Money : NPR.

Gender preferences for higher earnings vs. other job attributes

25 Jun 2016 Leave a comment

by Jim Rose in discrimination, gender, human capital, labour economics, labour supply, occupational choice

Differences in raw gender wage gaps may be almost entirely the result of the individual choices made by both male and female workers.

Source: No surprise here: New study finds gender differences in preferences for higher earnings vs. other job attributes – AEI | Carpe Diem Blog » AEIdeas.

James Heckman on the Economics of Human Development

14 Jun 2016 Leave a comment

by Jim Rose in applied price theory, applied welfare economics, discrimination, economics, economics of education, human capital, labour economics, labour supply, poverty and inequality Tags:

Source: The Economics of Human Development | Institute for Economic Studies, Keio University.

Gender differences in jobs and occupations since 1960

07 Jun 2016 Leave a comment

by Jim Rose in economic history, economics, gender, human capital, labour economics, labour supply, occupational choice Tags:

The widening gender gap in the teenage Dunning-Kruger effect

05 Jun 2016 Leave a comment

by Jim Rose in economics of education, gender, human capital

Source: Nicole Fortin, Leaving Boys Behind: Gender Disparities in High Academic Achievement, Journal of Human Resources (summer 2015).

Hayek on what determines market incomes

05 Jun 2016 Leave a comment

by Jim Rose in applied price theory, entrepreneurship, F.A. Hayek, human capital, industrial organisation, labour economics, labour supply, occupational choice, poverty and inequality, survivor principle Tags: ,

image

Source: 1976 Monday Conference transcript featuring Hayek « Economics.org.au.

Few of the top 50 billionaires inherited their wealth

01 Jun 2016 Leave a comment

by Jim Rose in applied price theory, applied welfare economics, economic history, entrepreneurship, financial economics, human capital, labour economics, poverty and inequality, unions Tags: , , , , ,

Of the 15 inheritance based billionaires, three are from the Walton family, two are the Koch brothers and another three are from the Mars family.

image

Source: The world’s top 50 billionaires: A demographic breakdown.

The decline and decline of the rentier class in the USA

24 May 2016 Leave a comment

by Jim Rose in economic history, entrepreneurship, human capital, industrial organisation, labour economics, labour supply, occupational choice, politics - USA, poverty and inequality Tags: , , , ,

Looks like the Reagan Revolution coincided with the American rich going out to work for a living. They started earning most of their incomes from wages, salaries and pensions or from entrepreneurial income. The American rich are now working rich; top wage earners, not top income earners.

image

Source: The World Wealth and Income Database.

More on the top 1% giving women a pass on the great wage stagnation

23 May 2016 Leave a comment

by Jim Rose in discrimination, economic history, economics of media and culture, gender, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: , , ,

IncomeGuide_2013_Jan17_RGB_page 75_75

Source: Read Online — Visualizing Economics.

% of top incomes from wages, salaries and pensions

23 May 2016 Leave a comment

by Jim Rose in applied price theory, applied welfare economics, economic history, entrepreneurship, human capital, industrial organisation, labour economics, labour supply, occupational choice, poverty and inequality, survivor principle Tags: , , , , ,

Everybody from the top 10% to the top 0.01% have to work for their living these days with much of their income coming from wages.

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Source: The World Wealth and Income Database.

The value of learning English

10 May 2016 Leave a comment

by Jim Rose in development economics, economics of media and culture, human capital, labour economics Tags:

Econ Duel: Is Education Signaling or Skill Building?

09 May 2016 Leave a comment

by Jim Rose in economics of education, economics of media and culture, human capital, labour economics Tags:

The importance of talking to your children @GreenCatherine @jacindaardern @Maori_party

06 May 2016 Leave a comment

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Image by Jim Rose

Creative destruction in top ICT company pay

05 May 2016 Leave a comment

by Jim Rose in human capital, industrial organisation, labour economics, labour supply, occupational choice, survivor principle Tags: , , , , , , , , , , , ,

I am surprised to see that Yahoo is in business much less competing for top talent. Microsoft is in decline too. Apple does not pay people as much as everybody else.

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Source: Paysa Company Rank | Paysa.

Some other colours seem to duplicate so you will have to work out which is which by when they exploded in hiring top talent.

The gender majors gap

05 May 2016 Leave a comment

image

Image by Jim Rose

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