In an ageing and growing population, the failure of primary health care in New Zealand is a dire problem. Many general practices are shadows of their former selves. There are too few doctors and too many patients. Many people can’t even get enrolled. Those who are enrolled report wait times to see a GP of…
The Failure of Primary Care
The Failure of Primary Care
12 Jul 2024 Leave a comment
in health economics, labour economics, labour supply, politics - New Zealand
Trump’s Backdoor to Open Borders
30 Jun 2024 Leave a comment
in economics of education, human capital, labour economics, labour supply, politics - USA Tags: 2024 presidential election, economics of immigration
Donald Trump recently endorsed a glorious-on-net immigration proposal: giving a green card to every foreigner who graduates from a U.S. university. I was stunned when I read the fine print: Let me just tell you that it’s so sad when we lose people from Harvard, MIT, from the greater schools and lesser schools that are…
Trump’s Backdoor to Open Borders
The Evolving Economic Role of Women: Goldin’s Nobel Lecture
29 Jun 2024 Leave a comment
in discrimination, economic history, economics of education, gender, history of economic thought, human capital, labour economics, labour supply, occupational choice, politics - USA, poverty and inequality Tags: gender wage gap, sex discrimination
Claudia Goldin’s Nobel prize lecture, “An Evolving Economic Force,” has now been published in the June 2024 issue of the American Economic Review. Or if you prefer, you can watch the watch the lecture (with more numerous slides!) from the link at the Nobel website. She writes: Women are now at the center of the…
The Evolving Economic Role of Women: Goldin’s Nobel Lecture
What does RN stand for in the pending French election?
28 Jun 2024 Leave a comment
in budget deficits, business cycles, economic growth, economic history, fiscal policy, income redistribution, labour economics, macroeconomics, monetary economics, Public Choice Tags: France
The RN intends to move ahead with a proposed law that states as its aim “to combat Islamist ideologies”. It includes measures to make it easier to close mosques and deport imams deemed to be radicalised, and a ban on clothing that “constitute in themselves an unequivocal and ostentatious affirmation” of Islamist ideology. Bardella said […]
What does RN stand for in the pending French election?
Health and Safety laws
23 Jun 2024 Leave a comment
in applied price theory, applied welfare economics, economics of regulation, health and safety, labour economics, labour supply, law and economics, occupational choice, politics - New Zealand
Peter Dunne writes – In 2016 New Zealand instituted comprehensive new health and safety laws for workplaces and other areas of activity. The expectation was that the new regime the legislation introduced would dramatically improve the culture and practice around safety in the workplace, reduce the numbers of accidents and save lives. However, the most […]
Health and Safety laws
22 Jun 2024 Leave a comment
in labour economics, labour supply, population economics Tags: ageing society, Japan
Another gender gap
19 Jun 2024 Leave a comment
in discrimination, economics of education, gender, human capital, labour economics, labour supply Tags: gender gap, gender wage gap, sex discrimination
Extraordinary Labor Market Developments and the 2022-23 Disinflation
19 Jun 2024 Leave a comment
in applied price theory, labour economics, labour supply, market efficiency, occupational choice, personnel economics Tags: working from home
From a new NBER working paper by Steven J. Davis: Two extraordinary U.S. labor market developments facilitated the sharp disinflation in 2022-23 without raising the unemployment rate. First, pandemic-driven infection worries and social distancing intentions caused a sizable drag on labor force participation that began to reverse in the first quarter of 2022, and perhaps […]
Extraordinary Labor Market Developments and the 2022-23 Disinflation
College premium
18 Jun 2024 Leave a comment
in economics of education, human capital, labour economics, labour supply, occupational choice, poverty and inequality, unemployment Tags: graduate premium
Price controls deter voluntary, wealth-creating transactions: CA minimum wages increase to $20/hour
17 Jun 2024 Leave a comment
in applied price theory, labour economics, minimum wage, unemployment
When staking out a position, it is rare for a politician to acknowledge any tradeoffs. For example, a politician in favor of a minimum wage increase will praise the increased wages for workers, but won’t acknowledge that businesses will shut down or fire workers. That job is left to those on the other wide of…
Price controls deter voluntary, wealth-creating transactions: CA minimum wages increase to $20/hour
Boys are faster than women
13 Jun 2024 Leave a comment
in discrimination, gender, politics - USA, sports economics Tags: free speech, gender gap, political correctness, regressive left, sex discrimination
More impatient people are more likely to commit crime
09 Jun 2024 Leave a comment
in applied price theory, econometerics, economics of crime, economics of education, labour economics, law and economics, occupational choice Tags: cognitive psychology, crime and punishment, criminal deterrence, law and order
Gary Becker’s famous model of rational crime suggests that criminals weigh up the costs and benefits of crime (and engage in a criminal act if the benefits outweigh the costs). Time preferences matter in this model, because the benefits of a criminal act are usually realised immediately, whereas the greatest costs (including the penalties of…
More impatient people are more likely to commit crime
Divisive rhetoric chips away at communities
07 Jun 2024 Leave a comment
in defence economics, discrimination, economics of education, labour economics, law and economics, liberalism, Marxist economics, politics - New Zealand Tags: Age of Enlightenment, free speech, political correctness, racial discrimination, regressive left
The following letter to the Gisborne Herald appears under the title above and the name of Eddie Tuhaka: Rawiri Waititi’s divisive comments and behaviour against the present Government, calling them a white/Pākehā Government, is racist and unacceptable. He and the rest of them did not complain when they all got their pay increase from the…
Divisive rhetoric chips away at communities
The 2024 Hayek Lecture: Phil Gramm & John Early on “The Myth of American…
04 Jun 2024 Leave a comment
in applied price theory, applied welfare economics, economic history, economics of education, entrepreneurship, human capital, labour economics, labour supply, occupational choice, politics - USA, poverty and inequality
New Rule: Gender Apartheid | Real Time with Bill Maher (HBO)
03 Jun 2024 Leave a comment
in discrimination, economics of education, gender, labour economics, labour supply, law and economics, liberalism, Marxist economics, politics - USA, property rights, television, TV shows Tags: Age of Enlightenment, free speech, Gaza Strip, gender wage gap, Iran, Middle-East politics, political correctness, regressive left, sex discrimination
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