Celebrating humanity's flourishing through the spread of capitalism and the rule of law
01 Dec 2023 Leave a comment
in econometerics, economic growth, economic history, labour economics, labour supply, macroeconomics, occupational choice
The per capita GDP for the combined 27 countries of the European Union (EU-27) is about 72% of the US level. On the other side, the average worker in EU countries puts in far fewer hours on the job than do American workers. For example, OECD data says that the average US worker put in…
Comparing EU-to-US Output Per Hour
30 Nov 2023 Leave a comment
in applied price theory, econometerics, economic history, human capital, labour economics, labour supply, minimum wage, unemployment
24 Nov 2023 Leave a comment
in labour economics, labour supply, occupational choice, public economics
Tax rates matter for work incentives. When tax rates are high, there is less incentive for people to work. They may pass up additional work and choose leisure time instead. However, it isn’t just taxes that matter. It is the loss of other entitlements as well. All of these are bound up in what is…
Effective marginal tax rates, and work incentives for older people
23 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, discrimination, econometerics, economic history, economics of education, economics of information, gender, health and safety, human capital, labour economics, labour supply, occupational choice Tags: gender wage gap, sex discrimination
23 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, discrimination, economic history, economics of education, gender, health and safety, human capital, labour economics, labour supply, liberalism, occupational choice, poverty and inequality Tags: gender wage gap, sex discrimination
Several good friends warned me not to publish Don’t Be a Feminist. I appreciate their concern, but I’m glad I kept my own counsel. Here’s my interview with Chris Williamson on the book and beyond. Apparently he’s kind of a big deal…
My Chris Williamson Interview
18 Nov 2023 Leave a comment
in budget deficits, business cycles, economic growth, economic history, fiscal policy, great depression, labour economics, labour supply, macroeconomics, monetary economics, unemployment
TweetWant to get a few hours’ worth of solid learning in less than 35 enjoyable minutes? Listen to my Mercatus Center colleague David Beckworth’s podcast (from October 2022) with George Selgin on the New Deal. Seriously. It will be 34-plus minutes very well spent. George’s book – False Dawn – is forthcoming from the University…
George Selgin on the New Deal and Recovery (and Relief and Reform)
18 Nov 2023 Leave a comment
in economic history, entrepreneurship, human capital, income redistribution, labour economics, labour supply, occupational choice, poverty and inequality, Public Choice, public economics Tags: top 1%
That is the topic of my latest Bloomberg column. The opener is this: Can a single self-published paper really refute decades of work by three famous economists? If the paper is the modestly titled “Income Inequality in the United States: Using Tax Data to Measure Long-Term Trends,” then the answer — with qualifications — is yes. And…
America’s top one percent has not been seeing a rising income share
18 Nov 2023 Leave a comment
in discrimination, economics of education, gender, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: affirmative action, sex discrimination
This gem of a story is about how one Aussie university went to the logical endpoint of the diversity-trumps-merit controversy: Queensland University of Technology in Brisbane is apparently about to hire solely on the basis of diversity, and has erased any mention of the word “merit” in its hiring policy. This of course is ridiculous, […]
Queensland University of Technology completely ditches merit-based hiring, favoring gender, “looks”, and personality
16 Nov 2023 Leave a comment
in economics of education, gender, labour economics, labour supply, occupational choice, poverty and inequality, welfare reform Tags: economics of fertility, marriage and divorce
The Domestic Purposes Benefit has been variously described as a “disaster” (David McLoughlin 1995), an “economic lifeline” (Jane Kelsey 1995) and “an unfortunate experiment” (Muriel Newman 2009).Its effect on family formation can never be definitively ascertained. But the growth of the sole parent family dependent on welfare has correlated with more poverty, more child abuse…
On the 50th anniversary of the DPB
13 Nov 2023 Leave a comment
in applied price theory, economic history, economics of crime, Gary Becker, history of economic thought, human capital, labour economics, labour supply, law and economics, occupational choice
Here’s a remarkable graph from the Council of Economic Advisers report on incarceration and the criminal justice system. The graph shows that the United States employs many more prison guards per-capita than does the rest of the world. Given our prison population that isn’t surprising. What is surprising is that on a per-capita basis we employ 35% […]
Police versus Prisons
11 Nov 2023 Leave a comment
in economics of education, economics of information, human capital, labour economics, labour supply, occupational choice Tags: signaling
11 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, discrimination, economic history, economics of education, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: affirmative action, racial discrimination
05 Nov 2023 Leave a comment
in economic growth, economics of education, entrepreneurship, history of economic thought, human capital, income redistribution, labour economics, labour supply, macroeconomics, occupational choice, poverty and inequality, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment, taxation and labour supply
A year ago, Jonah Franks, who runs Public Intellectuals for Charity, organized a debate between me and Peter Singer on “Do the rich pay their fair share?” I already posted my opening statement, my reflections on the debate, along with two follow-ups on Singer’s “Noble Lie.” The debate video itself, however, was gated for paying…
Caplan-Singer Debate Video
04 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of bureaucracy, economics of education, economics of regulation, income redistribution, labour economics, labour supply, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice, public economics, rentseeking, urban economics Tags: housing affordability, top 1%, zoning
04 Nov 2023 Leave a comment
in development economics, economic history, economics of crime, energy economics, entrepreneurship, growth disasters, growth miracles, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, poverty and inequality, Public Choice, public economics, urban economics Tags: South Africa
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A History of the Alt-Right
Econ Prof at George Mason University, Economic Historian, Québécois
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
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A rural perspective with a blue tint by Ele Ludemann
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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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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
WORLD WAR II, MUSIC, HISTORY, HOLOCAUST
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Res ipsa loquitur - The thing itself speaks
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
Researching the House of Commons, 1832-1868
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Small Steps Toward A Much Better World
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.
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
Utopia, you are standing in it! 
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