Celebrating humanity's flourishing through the spread of capitalism and the rule of law
22 Mar 2025 Leave a comment
in economics of crime, economics of education, human capital, labour economics, labour supply, law and economics, occupational choice, poverty and inequality Tags: College premium, signaling
Bet On It reader Dan Barrett wrote these notes for his Book Nook book club on my Selfish Reasons to Have More Kids: Why Being a Great Parent Is Less Work and More Fun Than You Think. Dan’s idea:I’m organizing reading groups packaged as the Book Nook to help colleagues (1) guide their own learning…
Book Nook Reading Notes on *Selfish Reasons to Have More Kids*
19 Mar 2025 Leave a comment
in economic history, labour economics, poverty and inequality Tags: The Great Enrichment
Tweet… is from page 172 of the 2012 revised edition of Steven Landsburg’s great 1993 book, The Armchair Economist: [I]ncome statistics don’t account for everything we value. For one thing, we care about the quantity and quality of our leisure time. Here it’s by and large the poor who have made great strides, while the…
Quotation of the Day…
10 Mar 2025 1 Comment
in economics of love and marriage, economics of marriage, human capital, labour economics, law and economics, poverty and inequality Tags: dating markets, gender wage gap, marriage and divorce, sex discrimination
A new study debunks the myth of the gold-digging wife, finding that women are no more likely to marry above their social class than menBy Ben Spencer, Science Editor of The Sunday Times. Excerpts:”The young pretty women who seek to “marry up” for money and status, from the Bennet sisters in Pride and Prejudice to…
Jane Austen was wrong: women don’t marry up for money and status
04 Mar 2025 Leave a comment
in applied price theory, econometerics, economic history, economics of regulation, labour economics, labour supply, minimum wage, poverty and inequality
It’s time to pick up my recent thread of posts on the minimum wage (most recently in this post). I want to return for a moment to more conventional research on the minimum wage, specifically looking at the effects of higher minimum wages on employment. The majority of minimum wage research has focused on estimating…
15 years of US research on the minimum wage elasticity of employment
25 Feb 2025 Leave a comment
in applied price theory, discrimination, gender, health and safety, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: gender wage gap
06 Feb 2025 Leave a comment
in applied price theory, econometerics, economics of love and marriage, economics of marriage, human capital, labour economics, law and economics, poverty and inequality Tags: assortative mating, economics of fertility
Over the past half-century, the share of men enrolled in college has steadily declined relative to women. Today, 1.6 million more women than men attend four-year colleges in the U.S. This trend has not lowered marriage rates for college women, a substantial share of whom have historically married economically stable men without college degrees. Both […]
Gender gaps in education and declining marriage rates
05 Feb 2025 Leave a comment
in economic growth, economics of regulation, entrepreneurship, human capital, industrial organisation, labour economics, labour supply, macroeconomics, politics - New Zealand, poverty and inequality
Don Brash and Michael Reddell write – When Don was young and Michael’s parents were young, New Zealand had among the very highest material standards of living in the world. It really was, in the old line, one of the very best places to bring up children. But no longer. For 75 years now, with […]
By 2025 we were supposed to have closed the gap
02 Feb 2025 Leave a comment
in econometerics, economic history, human capital, industrial organisation, labour economics, labour supply, occupational choice, poverty and inequality, unemployment Tags: creative destruction
By David J. Deming, Christopher Ong, and Lawrence H. Summers. From NPR’s Planet Money. Summers was Secretary of the Treasury from 1999 to 2001, director of the National Economic Council from 2009 to 2010 and president of Harvard University from 2001 to 2006.”Obviously, there is a big fear right now that artificial intelligence will kill…
Technological Disruption in the Labor Market
31 Jan 2025 Leave a comment
in applied price theory, econometerics, economic growth, economic history, history of economic thought, labour economics, labour supply, macroeconomics, poverty and inequality Tags: The Great Enrichment
The subtitle is New Estimates of Productivity Growth in England from 1250 to 1870, and the authors are Paul Bouscasse, Emi Nakamura, and Jón Steinsson. Abstract: We estimate productivity growth in England from 1250 to 1870. Real wages over this period were heavily influenced by plague-induced swings in the population. Our estimates account for these […]
When did sustained economic growth begin?
29 Jan 2025 Leave a comment
in applied price theory, entrepreneurship, human capital, income redistribution, industrial organisation, labour economics, labour supply, liberalism, Marxist economics, politics - USA, poverty and inequality, Public Choice Tags: top 1%
Here goes: Ex po st, the Manhattan audience swung thirty (!) points in my favor, compared to the pre-debate poll. This was a fun event for me.
My 92nd St. Y debate with Robert Kuttner on income inequality
19 Jan 2025 1 Comment
in Adam Smith, applied price theory, comparative institutional analysis, development economics, economic history, economics of love and marriage, economics of regulation, entrepreneurship, history of economic thought, industrial organisation, labour economics, labour supply, law and economics, poverty and inequality, property rights, unemployment
Tweet… is from page 53 of the late, great Harold Demsetz’s excellent 2008 book, From Economic Man to Economic System: Adam Smith and Thomas Malthus differed in their forecasts of mankind’s future. Smith (1776), in his Wealth of Nations, offered an optimistic view, basing this on his understanding of the new economic system that began…
Quotation of the Day…
16 Jan 2025 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, economic growth, economic history, economics of regulation, energy economics, environmental economics, financial economics, fiscal policy, human capital, income redistribution, international economics, labour economics, labour supply, law and economics, liberalism, libertarianism, macroeconomics, Marxist economics, politics - USA, poverty and inequality, property rights, Public Choice, public economics, regulation, rentseeking
In this 12-second video, Margaret Thatcher is talking about the Labour Party in the United Kingdom, but her warning has universal application. And when I say her warning has universal application, I’m not joking. Politicians generally can’t resist the temptation to buy votes. And I fear that this can and will happen at all levels […]
Margaret Thatcher, Michael Curley, and the 19th Theorem of Government
16 Jan 2025 1 Comment
in applied price theory, econometerics, economic history, human capital, labour economics, labour supply, politics - New Zealand, poverty and inequality, unemployment, welfare reform Tags: child poverty, family poverty
When Jacinda Ardern became Prime Minister, she was determined to increase income for children in welfare-dependent families – her magic bullet for solving child poverty. The Welfare Expert Advisory Group, led by Cindy Kiro, was convened to make the desired recommendations. A number of evidence briefs were provided to the group, one concerned the “likely…
Bad leaders solicit bad advice
13 Jan 2025 Leave a comment
in applied price theory, economics of education, entrepreneurship, human capital, international economics, labour economics, labour supply, occupational choice, politics - USA, poverty and inequality Tags: economics of immigration
Here is Daron Acemoglu’s Project Syndicate piece, mostly critical on high-skilled immigration. Here is the first argument from Acemoglu: …one would expect corporate America’s growing need for skilled STEM workers to translate into advocacy for, and investments in, STEM education. But an overreliance on the H-1B program may have broken this link and made American […]
The Acemoglu arguments against high-skilled immigration
12 Jan 2025 Leave a comment
in applied price theory, budget deficits, development economics, economic growth, economic history, economics of regulation, entrepreneurship, fiscal policy, global financial crisis (GFC), great recession, growth disasters, growth miracles, human capital, income redistribution, industrial organisation, international economics, job search and matching, labour economics, labour supply, macroeconomics, monetary economics, poverty and inequality, Public Choice, rentseeking, survivor principle, unemployment
TweetGMU Econ alum Holly Jean Soto busts the myth of “greedflation.” Scott Lincicome identifies an interesting contrast between the facts and opinion about China. George Will decries the spinelessness of the modern U.S. Congress. A slice: The incoming president will be able, on a whim, to unilaterally discombobulate international commerce — and the domestic economy…
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A History of the Alt-Right
Econ Prof at George Mason University, Economic Historian, Québécois
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Scholarly commentary on law, economics, and more
Beatrice Cherrier's blog
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A rural perspective with a blue tint by Ele Ludemann
DPF's Kiwiblog - Fomenting Happy Mischief since 2003
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
The world's most viewed site on global warming and climate change
Tim Harding's writings on rationality, informal logic and skepticism
A window into Doc Freiberger's library
Let's examine hard decisions!
Commentary on monetary policy in the spirit of R. G. Hawtrey
Thoughts on public policy and the media
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Politics and the economy
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Reading between the lines, and underneath the hype.
Economics, and such stuff as dreams are made on
"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
WORLD WAR II, MUSIC, HISTORY, HOLOCAUST
Undisciplined scholar, recovering academic
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Res ipsa loquitur - The thing itself speaks
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
Researching the House of Commons, 1832-1868
Articles and research from the History of Parliament Trust
Reflections on books and art
Posts on the History of Law, Crime, and Justice
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Exploring the Monarchs of Europe
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Small Steps Toward A Much Better World
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Utopia, you are standing in it! 
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