The reverse gender gap in part-time employment
04 Oct 2014 Leave a comment
in discrimination, gender, human capital, labour economics, occupational choice Tags: compensating differentials, gender wage gap, part-time work, reversing gender gap
HT: economix
How to Make a Living as a Poet
01 Oct 2014 Leave a comment
in applied welfare economics, economics of media and culture, labour economics, occupational choice Tags: starving artists
Minimum Wage Hikes Hurt Job-Keepers
29 Sep 2014 Leave a comment
in labour economics, minimum wage, occupational choice Tags: compensating differentials, minimum wage
Robots will take my job alert: when musicians campaigned against the introduction of canned music into cinemas
28 Sep 2014 Leave a comment
in economics of media and culture, human capital, industrial organisation, labour economics, labour supply, survivor principle, technological progress Tags: automation, creative destruction, mechanisation, technological unemployment, The Great Enrichment
Idiosyncratic Whisk: Teen Employment and the Minimum Wage, 60 years of experience
27 Sep 2014 Leave a comment
in applied price theory, applied welfare economics, labour economics, minimum wage, unemployment Tags: minimum wage
Is there any other issue where the data conforms so strongly to basic economic intuition, and yet is widely written off as a coincidence?
via Idiosyncratic Whisk: Teen Employment and the Minimum Wage, 60 years of experience.
Managerial Econ: Why are wages decreasing and employment increasing in Great Britain?
19 Sep 2014 1 Comment
in applied price theory, labour economics, labour supply, welfare reform Tags: British economy, wage flexibility, welfare reform
The simplest explanation is that supply is increasing: as supply increases output increases real prices fall and output increases.
The Financial Times shows the data and puts forward several explanations:
(1) welfare reforms are pushing people off the dole and into the labor force;
(2) older workers are choosing to retire at a later age.
Both explanations would imply an increase in supply.
via Managerial Econ: Why are wages decreasing and employment increasing in Great Britain?.
What the jihadists who bought “Islam for Dummies” tell us about radicalisation
10 Sep 2014 1 Comment
in economics, economics of crime, labour economics, occupational choice Tags: economics of oppositional identities, Jihadists, Terrorism is an occupational choice
Sarwar and Ahmed, who pleaded guilty to terrorism offences, purchased Islam for Dummies and The Koran for Dummies. MI5’s behavioural science unit found that
“far from being religious zealots, a large number of those involved in terrorism do not practise their faith regularly. Many lack religious literacy and could . . . be regarded as religious novices.” The analysts concluded that “a well-established religious identity actually protects against violent radicalisation”
Most evidence point to moral outrage, disaffection, peer pressure, the search for a new identity, for a sense of belonging and purpose as drivers of radicalisation. Anthropologist Scott Atran pointed out in testimony to the US Senate in March 2010:
“. . . what inspires the most lethal terrorists in the world today is not so much the Quran or religious teachings as a thrilling cause and call to action that promises glory and esteem in the eyes of friends, and through friends, eternal respect and remembrance in the wider world”. He described wannabe jihadists as “bored, underemployed, overqualified and underwhelmed” young men for whom “jihad is an egalitarian, equal-opportunity employer . . . thrilling, glorious and cool”.
Chris Morris, the writer and director of the 2010 black comedy Four Lions – which satirised the ignorance, incompetence and sheer banality of British Muslim jihadists – said:
Terrorism is about ideology, but it’s also about berks.
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