Our Future Together: How Immigrants Will Reshape Our Workforce
20 Apr 2022 Leave a comment
in applied price theory, discrimination, economic history, entrepreneurship, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: economics of immigration
Freeman and Champ explain the Lucas revolution
15 Apr 2022 Leave a comment
in business cycles, economic growth, history of economic thought, labour economics, labour supply, macroeconomics, monetarism, monetary economics, Robert E. Lucas, unemployment
Like immigrants, aboriginals’ success may be enhanced by the acquisition of skills and traits of the “majority” culture in which they reside
12 Apr 2022 Leave a comment
in economics of education, human capital, labour economics, labour supply, occupational choice
From a review of The Mystery of the Kibbutz: Egalitarian Principles in a Capitalist World Ran Abramitzky
12 Apr 2022 Leave a comment
in applied price theory, comparative institutional analysis, economics of education, human capital, labour economics, labour supply, Marxist economics, personnel economics
From https://www.marketsandmorality.com/index.php/mandm/article/view/1453
“The Mystery of the Kibbutz explores the history of the kibbutz movement and its vision of economic equality, how it thrived despite inherent economic contradictions, and why it eventually declined. He focuses on three challenges in particular: first, the free rider problem, that there is no benefit for working harder when you get the same salary or personal economic benefits; second, adverse selection – that such a social system would tend to attract people who would not be as successful in a capitalist market; or the inverse, a brain drain, that the smartest people or those who could find success outside the kibbutz would tend to leave. Finally, the question of human capital investment: that there would be a tendency to underinvest in human capital, in other words that there would be a lack of incentive for young people to study or work hard because in the end as kibbutz members they can depend on equal income no matter what their contribution is.”
Tutino and Zarazaga on why the fiscal theory of the price level is so compelling! Quantity theory struggles to explain the sudden end of hyperinflations and the failure of previous stabilisation attempts
05 Apr 2022 Leave a comment
in economic history, history of economic thought, macroeconomics, monetarism, monetary economics, unemployment
If skilled labour is being kept out of the workplace for unreasonable reasons then that’s an opportunity for someone else to gain that labour on the cheap. Which is exactly what Dame Steve Shirley did
05 Apr 2022 Leave a comment
in applied price theory, discrimination, economic history, entrepreneurship, gender, human capital, industrial organisation, labour economics, labour supply, occupational choice, survivor principle Tags: entrepreneurial alertness, offsetting behaviour, sex discrimination, unintended consequences
Matthew E. Kahn discusses his new book Going Remote
04 Apr 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, health economics, labour economics, labour supply, occupational choice, transport economics, urban economics Tags: economics of pandemics
Passages of life
20 Mar 2022 Leave a comment
in economics of crime, economics of regulation, entrepreneurship, health economics, income redistribution, industrial organisation, labour economics, law and economics, liberalism, libertarianism, Marxist economics, occupational choice, Public Choice, survivor principle, unemployment Tags: employment law, law and order
Another gender gap
19 Mar 2022 Leave a comment
in discrimination, economic history, gender, human capital, labour economics, labour supply, occupational choice Tags: gender wage gap
Planet Normal: Race report author Dr Tony Sewell on attempts to discredit his findings on race relations
19 Mar 2022 Leave a comment
in discrimination, economic history, economics of bureaucracy, human capital, labour economics, labour supply, law and economics, poverty and inequality, Public Choice, rentseeking Tags: racial discrimination
Addressing economic disparity challenges in NZ
19 Mar 2022 Leave a comment
in applied price theory, applied welfare economics, discrimination, economic history, economics of education, entrepreneurship, gender, human capital, industrial organisation, labour economics, labour supply, occupational choice, poverty and inequality, survivor principle Tags: child poverty, family poverty
Utopia, you are standing in it! 
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