Stephen Pinker on gender equity
20 Mar 2020 Leave a comment
in discrimination, economics of education, gender, health and safety, human capital, labour economics, labour supply, law and economics, occupational choice Tags: gender wage gap, offsetting behaviour, political correctness, regressive left, The fatal conceit, unintended consequences
How was the war on poverty going?
20 Mar 2020 Leave a comment
in economic history, income redistribution, labour economics, politics - USA, poverty and inequality
the Full-income Poverty Measure estimates the share of people in poverty using a post-tax, (comprehensive or full) post-transfer definition of income. Similar to the Official Poverty Measure, it includes market income (wages and salaries, self-employment and business income, farm income, retirement income from pensions, dividends, interest, rent and alimony) and cash transfers (Aid to Families with Dependent Children/Temporary Assistance for Needy Families, Social Security and workers’ compensation). It then adds the market value of health and non-health in-kind transfers (food stamps/SNAP, subsidized school lunches, rental housing assistance, and Medicare and Medicaid) as well as the market value of employer-provided health insurance. It subtracts Federal income and payroll taxes but adds tax credits including the Earned Income Tax Credit, Child Tax Credit, and Additional Child Tax Credit (the refundable portion of the CTC) based on estimated tax liabilities using NBER Taxsim 9.3 (Feenberg and Coutts 1993). We impute several of these income sources in the early years of our analysis because they were not collected in the CPS-ASEC.
From https://www.iza.org/publications/dp/12855/evaluating-the-success-of-president-johnsons-war-on-poverty-revisiting-the-historical-record-using-a-full-income-poverty-measure via http://conversableeconomist.blogspot.com/2020/03/us-poverty-over-time-how-to-compare.html
Plosser on money and business cycles
20 Mar 2020 Leave a comment
in business cycles, econometerics, economic history, financial economics, great depression, industrial organisation, labour economics, labour supply, macroeconomics, Milton Friedman, monetarism, monetary economics Tags: Keynesian macroeconomics, real business cycle theory
.@Bryan_Caplan’s best presentation of the case against education
18 Mar 2020 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of education, economics of information, history of economic thought, human capital, income redistribution, industrial organisation, labour economics, labour supply, managerial economics, occupational choice, organisational economics, personnel economics, Public Choice, public economics, rentseeking, survivor principle Tags: adverse selection, asymmetric information, College premium, graduate premium, screening, self-selection, signaling
Hayek (1950) on why the current stimulus will fail
18 Mar 2020 Leave a comment
in Austrian economics, business cycles, economic history, economics of information, F.A. Hayek, fiscal policy, history of economic thought, labour economics, labour supply, macroeconomics, monetary economics, occupational choice, Public Choice, public economics Tags: fiscal policy, Keynesian macroeconomics
Share buybacks limit free cash and managerial excesses
18 Mar 2020 Leave a comment
in economics of information, entrepreneurship, financial economics, industrial organisation, labour economics, law and economics, managerial economics, organisational economics, property rights, survivor principle, theory of the firm Tags: agent principal problem
Objections to women in the police, army and fire brigade because of differences in strength and aggression were shouted down in 80s & 90s
18 Mar 2020 Leave a comment
in defence economics, discrimination, gender, labour economics, labour supply, law and economics, occupational choice, occupational regulation Tags: The fatal conceit
Jordan Peterson: Career vs. motherhood: Are women being lied to? | Big Think
18 Mar 2020 Leave a comment
in discrimination, economics of education, economics of love and marriage, gender, human capital, labour economics, labour supply, occupational choice Tags: economics of fertility, gender wage gap, marriage and divorce
McArdle on Nozick and the soccer gender wage gap
15 Mar 2020 Leave a comment
in discrimination, gender, labour economics, labour supply, occupational choice, sports economics Tags: gender wage gap
.@ProfDBernstein reminds the woke of who gains from hate speech laws
14 Mar 2020 Leave a comment
in comparative institutional analysis, constitutional political economy, discrimination, economic history, law and economics, politics - Australia, politics - New Zealand, politics - USA, poverty and inequality, Public Choice Tags: free speech, political correctness, regressive left
Utopia, you are standing in it! 
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