Thomas Sowell – How to Cure Marxism
18 Jun 2020 Leave a comment
in economics of bureaucracy, history of economic thought, labour economics, Marxist economics, minimum wage, poverty and inequality, Public Choice, Thomas Sowell, unemployment Tags: The fatal conceit
How many more Big Macs can $22 per hour Danes buy compared to $9 per hour Americans?
14 May 2020 Leave a comment
in applied welfare economics, international economics, labour economics, labour supply, minimum wage, poverty and inequality Tags: Europe
Myth of the Rational Voter
02 May 2020 Leave a comment
in applied price theory, economics of bureaucracy, economics of crime, economics of education, economics of information, economics of regulation, election campaigns, energy economics, environmental economics, history of economic thought, income redistribution, industrial organisation, international economics, labour economics, labour supply, law and economics, managerial economics, market efficiency, Marxist economics, minimum wage, organisational economics, personnel economics, politics - USA, population economics, property rights, Public Choice, public economics, rentseeking, resource economics, theory of the firm, transport economics, urban economics, welfare reform Tags: anti-foreign bias, anti-market bias, make-work bias, pessimism bias, rational ignorance, rational irrationality, regressive left
Monopsony and @Fightfor15
04 Mar 2020 Leave a comment
in applied price theory, labour economics, labour supply, minimum wage, politics - USA Tags: 2020 presidential election, inequality of bargaining power, monopsony, offsetting behaviour, The fatal conceit, unintended consequences
A fair summary by Dube; note repeated reference to modest increases. This can be offset by diluting service quality and staffing levels and hours such as in old age care studies
23 Feb 2020 Leave a comment
in applied price theory, applied welfare economics, labour economics, minimum wage Tags: offsetting behaviour, The fatal conceit, unintended consequences
.@Fightfor15 @AOC @BernieSanders @SenWarren
12 Feb 2020 Leave a comment
in applied price theory, economics of regulation, income redistribution, industrial organisation, labour economics, labour supply, managerial economics, minimum wage, organisational economics, personnel economics, politics - USA, Public Choice, rentseeking, survivor principle, theory of the firm Tags: offsetting behaviour, The fatal conceit, unintended consequences
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