Does a higher minimum wage really reduce employment? econ.st/1gp4Jbs http://t.co/WGMZGLKHmI—
The Economist (@EconBizFin) July 30, 2015
Minimum wage scenarios across the OECD
04 Aug 2015 Leave a comment
in labour economics, minimum wage, politics - USA, unemployment Tags: aggressive voting, antimarket bias, living wage, offsetting behaviour, rational ignorance, rational irrationality, The fatal conceit, The pretence to knowledge, unintended consequences
The workplace payoff of Myers Briggs personality types
03 Aug 2015 Leave a comment
in human capital, labour economics, managerial economics, occupational choice, organisational economics, personnel economics Tags: compensating differentials, economics of personality traits, occupational choice
https://twitter.com/businessinsider/status/626968055046926336/photo/1
Human Resources will assign you a personality…. #HRhumour HT @ssmoir_1973 http://t.co/Vz6vs5ODLw—
Gem Reucroft (@HR_Gem) July 30, 2015
Being an airline pilot or engineer is much more dangerous than I thought it was
02 Aug 2015 2 Comments
in discrimination, gender, health and safety, labour economics, occupational choice, transport economics Tags: aviation, gender fatalities gaps, occupational deaths and injuries, reverse gender gap
Dear "lumbersexuals": real loggers are 30x more likely to die on the job than the avg worker priceonomics.com/how-the-lumber… http://t.co/1BLTBI37da—
Zachary Crockett (@zzcrockett) June 12, 2015
Tax rates on labour income across the OECD area
02 Aug 2015 Leave a comment
in labour economics, labour supply, politics - Australia, politics - New Zealand, politics - USA, public economics Tags: Australia, British economy, Canada, France, Germany, taxation and labour supply
How high is the US #tax burden on labor? Here's an OECD comparison tax.foundation/1KojUv9 by @samcjordan_ @kpomerleau http://t.co/fSAT8ut52z—
Tax Foundation (@taxfoundation) July 24, 2015
The origin of the concept of Human Capital
31 Jul 2015 1 Comment
in history of economic thought, human capital, labour economics, personnel economics Tags: human capital
Human Capital. http://t.co/rSwMFjOcEl—
Gem Reucroft (@HR_Gem) July 17, 2015
In a paper I wrote some years ago I explained the origin of that concept of human capital as follows:
The term ‘human capital’ was initially controversial, but the analytical concept was not. The analysis of human capital has many famous parents and grandparents (Kiker 1966).
Sir William Petty published the first analysis of the value of human capital in 1690. There were sophisticated analyses of investments in education and training and their implications for wage differentials, labour productivity and occupational choice by Adam Smith in 1776, Alfred Marshall in 1890 and Milton Friedman and Simon Kuznets in 1945.
Richard Cantillon, John Locke, John Stuart Mill, Adam Smith and Karl Marx all proposed that training rather than natural ability was more important in understanding occupational wage differentials. Adam Smith and Alfred Marshall referred to education and training as capital investments in human beings.
Irving Fisher in 1912 and Arthur Pigou in 1928 pioneered the explicit use of the term ‘human capital’. Jacob Mincer, Theodore Shultz and Gary Becker popularised the use of the term in the mid-20th century. See Kiker (1966) for a history of the concept of human capital.
New Zealand success in closing the gender wage gap is seriously underreported
31 Jul 2015 Leave a comment
in discrimination, gender, human capital, labour economics, labour supply, politics - New Zealand Tags: gender wage gap, media bias
Graduate premium in starting wages
31 Jul 2015 Leave a comment
in economics of education, human capital, labour economics, labour supply Tags: College premium, graduate premium
Unemployment rates across the OECD member countries
30 Jul 2015 Leave a comment
in business cycles, currency unions, economic growth, Euro crisis, job search and matching, labour economics, labour supply, macroeconomics, unemployment Tags: employment law, employment regulation, EU, Euro sclerosis, Euroland, Eurosclerosis, Japan, labour market regulation
If bureaucrats were any good at picking winners, they would be hedge funds managers
30 Jul 2015 Leave a comment
in applied price theory, comparative institutional analysis, economics of bureaucracy, entrepreneurship, financial economics, human capital, industrial organisation, labour economics, managerial economics, occupational choice, organisational economics, rentseeking, survivor principle Tags: active investing, corporate welfare, efficient markets hypothesis, entrepreneurial alertness, hedge funds, industry policy, passive investing, picking winners, The fatal conceit, The pretence to knowledge
Page 32 of "An Illustrated Guide to Income" more economic #dataviz at: bit.ly/12SEI9p http://t.co/HYm0II2UNI—
Catherine Mulbrandon (@VisualEcon) May 08, 2013
Page 33 of "An Illustrated Guide to Income" more economic #dataviz at: bit.ly/10M7lqR http://t.co/FcmaqZWB32—
Catherine Mulbrandon (@VisualEcon) May 09, 2013
The hedge fund industry held $2.9 trillion of assets in June. Exchange-traded funds did better econ.st/1DdXgWS http://t.co/CK2foqMOpw—
The Economist (@EconEconomics) August 01, 2015
The living wage as an application of Director’s Law
30 Jul 2015 Leave a comment
in income redistribution, labour economics, minimum wage, politics - Australia, politics - New Zealand, politics - USA, population economics, poverty and inequality, Public Choice, rentseeking Tags: British politics, Director's Law, expressive voting, living wage, rational ignorance, rational irrationality
OBR's idea of who will benefit from National Living Wage http://t.co/ztxfW906Gg—
James Bartholomew (@JGBartholomew) July 08, 2015
Utopia, you are standing in it! 
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