Earl A. Thompson on anomalies in unionisation
18 Jul 2019 Leave a comment
in applied price theory, human capital, labour economics, labour supply, unions Tags: inequality of bargaining power
Is Darity’s Stratification economics agreeing or disagreeing with Tom Sowell?
17 Jul 2019 Leave a comment
in discrimination, economics of education, economics of information, human capital, labour economics, Thomas Sowell
Black immigrants from the West Indies come from poor developing countries where slavery was far worse than in the southern states of America and the schools not much better either. First generations of Japanese immigrants also came from a poor country and had to overcome language barriers as well.
From Thomas Sowell https://pdfs.semanticscholar.org/58a6/49dec46a75716cc08013fa586525a8809b90.pdf
Monopsony has a monopoly on ambiguity and sexing up search frictions as exploitation too
17 Jul 2019 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economic history, labour economics, labour supply, managerial economics, organisational economics, personnel economics Tags: job search, labour market search, monopsony, search and matching
Christina Hoff Sommers on how women’s right to vote was born in political pragmatism and a desire to win
17 Jul 2019 Leave a comment
in discrimination, gender, law and economics, politics - USA Tags: female franchise, virtue signalling, voting rights
Bryan Caplan: “The Case Against Education”
17 Jul 2019 Leave a comment
in economics of education, economics of information, human capital, labour economics, labour supply, occupational choice Tags: signalling
Ten Minute History – Westward Expansion and the American Civil War
17 Jul 2019 Leave a comment
in economic history, economics of crime, income redistribution, labour economics, labour supply, law and economics, politics - USA, property rights, Public Choice, rentseeking Tags: American Civil War
No wage premium for bilingualism. Lack of fluency in dominant language carries a wage penalty for migrants and indigenous peoples.
17 Jul 2019 Leave a comment
in applied price theory, discrimination, economics of education, human capital, labour economics, labour supply, poverty and inequality Tags: economics of languages
I’d go beyond Kuhn to argue Manning’s excellent book should be titled “Random matching with ex-ante wage posting in motion”
17 Jul 2019 Leave a comment
in labour economics, labour supply Tags: job search, labour market search, monopsony, search and matching
Is there an upper limit for #Fightfor15 logic for further pay rises? What if they are wrong?
16 Jul 2019 Leave a comment
in applied price theory, industrial organisation, labour economics, labour supply, minimum wage, poverty and inequality, survivor principle
If wages go up under the minimum wage increase but employment does not fall, where does the extra output and revenue come from to cover the greater payroll bill?
Even small minimum wage increase have ambiguous employment effects under monopsonistic competition
16 Jul 2019 Leave a comment
in applied price theory, applied welfare economics, industrial organisation, labour economics, labour supply, minimum wage, politics - New Zealand, politics - USA, survivor principle Tags: offsetting behaviour, The fatal conceit, unintended consequences
Friedman Fundamentals: What We Learned About 70% Tax Rates 50 Years Ago
16 Jul 2019 Leave a comment
in applied price theory, economic history, economics of education, entrepreneurship, fiscal policy, human capital, income redistribution, labour economics, labour supply, occupational choice, poverty and inequality, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment, taxation and labour supply
Utopia, you are standing in it! 
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