Average & median incomes diverged more for men than for women as income inequaltiy grew bit.ly/16XXzQq http://t.co/Tp0IAXqxH8—
Catherine Mulbrandon (@VisualEcon) August 20, 2013
Why did the top 1% only pick on men in the great wage stagnation?
27 Jul 2015 Leave a comment
in discrimination, economic history, gender, labour economics Tags: middle class stagnation, reversing gender gap, top 1%, wage stagnation
Crimes by age and offence category
27 Jul 2015 Leave a comment
in economics of crime, human capital, labour economics, labour supply, law and economics, occupational choice, politics - USA Tags: crime and punishment, criminal deterrence
How to make the case for arming British police when attacking American police shootings
26 Jul 2015 Leave a comment
in economics of crime, health and safety, labour economics, law and economics, politics - USA Tags: common law, crime and punishment, law enforcement, occupational health and safety, police, rule of law
More British English, Scottish and Welsh police (68) have been murdered by gunfire than British police have shot people dead (52) in over a century.
Source: Number of police officers shot dead in the UK by decade | John Graham-Cumming.
This suggests to me that the ledger is in the wrong direction. This list does not include British police stabbed or beaten to death nor are Northern Ireland deaths.
According to the FBI, from 1980–2014, an average of 55 law enforcement officers are feloniously killed per year in the USA. Those killed in accidents in the line of duty are not included in this number.
More law enforcement officers are murdered every year in the USA than ever murdered by gunfire in Britain. Police have the same common law right as any other to defend their own lives and the lives of others.
/cdn0.vox-cdn.com/uploads/chorus_asset/file/2849636/Screen_Shot_2014-12-21_at_1.42.15_PM.0.png)
Hourly minimum wages before and after taxes, USA, UK, Canada, Australia, New Zealand and Japan
26 Jul 2015 Leave a comment
in labour economics, minimum wage, politics - Australia, politics - New Zealand, politics - USA, population economics, public economics Tags: Australia, British economy, Canada, Japan, social insurance, Social Security taxes, taxation and labour supply
Figure 1: Hourly minimum wage before and after taxes, 2013, US dollars at purchasing power parities, single-person household
Source: OECD Focus on Minimum Wages after the crisis (2015).
When I worked at Marxism Today, my desire to earn a living proved to be somewhat déclassé.
26 Jul 2015 Leave a comment
in economics of crime, labour economics, law and economics, Marxist economics, minimum wage, poverty and inequality Tags: far left, Labour standards, Left-wing hypocrisy, Leftover Left, living wage, progressive left
The gender gap in occupational deaths and injuries
26 Jul 2015 Leave a comment
in discrimination, gender, health and safety, labour economics Tags: gender gap, reversing gender gap
CHART: Top Ten Most Dangerous Jobs and Percent Male, 2013
@chartoftheday http://t.co/5xfjvM8ll5—
Mark J. Perry (@Mark_J_Perry) May 14, 2015
Did the 1996 federal welfare reforms increase child poverty in America?
25 Jul 2015 Leave a comment
in applied welfare economics, economic history, labour economics, poverty and inequality, welfare reform Tags: 1996 U.S. welfare reforms, child poverty, family poverty
Number of black children in poverty may have eclipsed whites for the first time on record pewrsr.ch/1M7La40 http://t.co/wnb9sLo9Fv—
PewResearch FactTank (@FactTank) July 18, 2015
Average effective retirement ages by gender in the USA, UK, Germany and France, 1970 – 2012
25 Jul 2015 1 Comment
in economic history, gender, labour economics, labour supply, politics - USA Tags: ageing society, British economy, demographic crisis, economics of retirement, effective retirement ages, female labour force participation, female labour supply, France, Germany, male labour force participation, male labour supply, old age pensions, older workers, retirement ages, social insurance, Social Security, welfare state
Figure 1 shows a divergence from a common starting point in 1974 effective retirement ages. The French in particular were the first to put their feet up and start retiring by the age of 60 by the early 1990. There was also a sharp increase in the average effective retirement age for men in the UK over a short decade. After that, British retirement ages for men started to climb again in the late 1990s. Figure 1 also shows that the gentle taper in the effective retirement age for American men stopped at the 1980s and started to climb again in the 2000s. The German data is too short to be of much use because of German unification. France only recently stopped seeing its effective retirement age fall and it is slightly increased recently – see figure 1
Figure 1: average effective retirement age for men, USA, UK, France and Germany, 1970 – 2012, (five-year average)
Source: OECD Pensions at a Glance.
Figure 2 shows similar results for British and American women as for men in the same country shown in figure 1 . That is, falling effective retirement ages for both British and American women in the 1970s and 1980s followed by a slow climb again towards the end of 1990s. French effective retirement ages for women followed the same pattern as for French retirement ages for men – a long fall to below the age of 60 with a slight increase recently. The German retirement data suggest that effective retirement ages for German women is increasing.
Figure 2: average effective retirement age for women, USA, UK, France and Germany 1970 – 2012, (five-year average)
Source: OECD Pensions at a Glance.
@Income_Equality there’s an Internet you know – was there next to no unemployment prior to the mid-1980s in New Zealand?
24 Jul 2015 Leave a comment
in business cycles, econometerics, economic growth, economic history, job search and matching, labour economics, labour supply, macroeconomics, politics - New Zealand, Public Choice, unemployment, unions, welfare reform Tags: antimarket bias, Don Brash, economic reform, expressive voting, Homer Simpson, Leftover Left, lost decades, makework bias, neoliberalism, rational ignorance, rational irrationality, Sir Roger Douglas, Twitter left
Today, Closing The Gap – The Income Inequality Project boldly claimed today that there was next to no unemployment in New Zealand prior to the onset of the curse of neoliberalism.
There is an Internet on computers now where it is easy to find data showing that the unemployment rate was rising rapidly in New Zealand in the 1970s and in double digits by the end of the 1980s – see figure 1.
Figure 1: harmonised unemployment rates, Australia and New Zealand, 1956-2014
Source: OECD StatExtract.
Figure 1 shows unemployment was rising rapidly in the 1970s and wasn’t much different by the end of the 1970s to the unemployment rates recorded after about 2000 in New Zealand.
One of the reasons that Sir Roger Douglas wrote There’s Got To Be A Better Way was the rapidly rising unemployment in New Zealand and the stagnant economic growth in the late 1970s and early 1980s.
New Zealand was one of the most regulated economies, so much so that Prime Minister David Lange said:
We ended up being run very similarly to a Polish shipyard.
As for those jobs on the railways, the then Reserve Bank Governor Don Brash said in 1996:
Railways cut its freight rates by 50 percent in real terms between 1983 and 1990, reduced its staff by 60 percent, and made an operating profit in 1989/90, the first for six years.
More on unemployment: In 1955 the New Zealand’s prime minister knew all unemployed personally.
– Atkinson’s new book http://t.co/x37Vxya97C—
Max Roser (@MaxCRoser) July 24, 2015
Bernie Sanders Introduces Bill for $15 Minimum Wage, Pays Staff Only $12
24 Jul 2015 Leave a comment
in labour economics, minimum wage, politics - USA Tags: 2016 presidential election, Bernie Sanders, expressive voting, Left-wing hypocrisy, rational ignorance, rational irrationality
Average effective retirement ages by gender, Australia and New Zealand, 1970 – 2012
24 Jul 2015 1 Comment
in economic history, labour economics, labour supply, politics - Australia, politics - New Zealand Tags: ageing society, Australia, demographic crisis, economics of retirement, effective retirement ages, female labour force participation, female labour supply, male labour force participation, male labour supply, old age pensions, older workers, retirement ages, social insurance, Social Security, welfare state
Figures 1 and 2 shows a sharp increase in the average effective retirement age for men and women in both Australia and New Zealand between 1970 and 1990. After that, retirement ages for men in both countries stabilised for about a decade. effective retirement age than Australia.
Figure 1: average effective retirement age for men, Australia and New Zealand, 1970 – 2012, (five-year average)
Source: OECD Pensions at a Glance.
Interestingly, in the 1970s and 1980s, New Zealand had an old-age pension scheme, known as New Zealand Superannuation, whose eligibility age was lowered from 65 to 60 in one shot in 1975. This old-age pension in New Zealand had no income test or assets test, but there was for a time a small surcharge on any income of pensioners. Nonetheless, New Zealand had a higher effective retirement age than in Australia where the old-age pension eligibility age is 65 with strict income and assets tests.
Figure 2: average effective retirement age for women, Australia and New Zealand, 1970 – 2012, (five-year average)
Source: OECD Pensions at a Glance.
Figure 1 and figure 2 also shows that the sharp increase in effective retirement ages in New Zealand for both men and women after the eligibility age for New Zealand’s old-age pension was increased from 60 to 65 over 10 years.
Figures 1 and 2 also show the gradual increase in effective retirement ages for Australian men and women from the end of the 1990s.
What do American soldiers get paid
24 Jul 2015 Leave a comment
in defence economics, labour economics, occupational choice, occupational regulation Tags: military pay
Salaries of Active Duty US Military Personnel bit.ly/195NbKb http://t.co/3fNenWtcF2—
Catherine Mulbrandon (@VisualEcon) December 24, 2013
Some demographics of middle-class wage stagnation
23 Jul 2015 Leave a comment
in labour economics, labour supply, poverty and inequality Tags: ageing society, labour demographics, middle-class wage stagnation, wage stagnation
CHART: Here's one explanation for stagnant/declining real median household income: the Aging of America. http://t.co/ADSWKwiuzA—
Mark J. Perry (@Mark_J_Perry) June 08, 2015
Utopia, you are standing in it! 
Recent Comments