More than 15% of unemployed Europeans haven’t had a job for more than four years econ.st/1ghznmr http://t.co/NlLXnKPYRG—
The Economist (@TheEconomist) August 10, 2015
The Great Escape actually accelerated after the GFC
10 Sep 2015 Leave a comment
in development economics, economic history, global financial crisis (GFC), growth disasters, growth miracles, health economics, labour economics, macroeconomics, poverty and inequality Tags: child poverty, extreme poverty, global poverty, India, The Great Escape, The Great Fact
In 1993, >30% of India's urban population lived in extreme poverty. In 2011? Only 13%. buff.ly/1iutlQA http://t.co/238hsW2aeF—
HumanProgress.org (@humanprogress) September 09, 2015
Since 1975 average UK earnings for full-time employees have more than doubled after accounting for inflation
10 Sep 2015 Leave a comment
in applied welfare economics, economic history, labour economics, labour supply, poverty and inequality Tags: British economy, The Great Enrichment
Fair Trade: Does It Help Poor Workers?
01 Sep 2015 Leave a comment
in applied price theory, applied welfare economics, development economics, growth disasters, growth miracles, labour economics, poverty and inequality Tags: antimarket bias, expressive voting, fair trade, rational irrationality
How is the top 10% doing?
01 Sep 2015 Leave a comment
in applied welfare economics, human capital, labour economics, poverty and inequality Tags: envy, top 1%
Single motherhood and the feminisation of poverty
31 Aug 2015 Leave a comment
in discrimination, economics of love and marriage, gender, labour economics, labour supply, politics - USA, poverty and inequality, welfare reform Tags: asymmetric marriage premium, child poverty, economics and fertility, engines of liberation, family poverty, marriage and divorce, marriage premium, single mothers, single parents
43.1% of single mothers are living in poverty this #MothersDay statusofwomendata.org http://t.co/OgWcmvLnDZ—
IWPR (@IWPResearch) May 10, 2015
US income distribution
29 Aug 2015 Leave a comment
in applied welfare economics, income redistribution, labour economics, politics - USA, poverty and inequality Tags: top 1%
The incomes of the bottom 99%
28 Aug 2015 Leave a comment
in applied welfare economics, politics - USA, poverty and inequality, Public Choice Tags: top 1%
Did Mass Incarceration Destroy the Black Family?
28 Aug 2015 Leave a comment
in discrimination, economics of crime, economics of love and marriage, labour economics, law and economics, politics - New Zealand, population economics, poverty and inequality, unemployment, urban economics, welfare reform Tags: crime and punishment, criminal deterrence, economics of the family, racial discrimination, single mothers, single parents, teen pregnancies
Did Mass Incarceration Destroy the Black Family? Not exactly. bit.ly/1f8jgXm http://t.co/1q2nKJnU9W—
City Journal (@CityJournal) August 13, 2015
Do the @NZGreens care about the fuel poverty consequences of carbon taxes?
24 Aug 2015 Leave a comment
in energy economics, environmental economics, global warming, politics - Australia, politics - New Zealand, politics - USA, poverty and inequality Tags: carbon tax, climate alarmism, expressive voting, fuel poverty, global warming
Who is harmed the most from higher energy costs? The poor, who spend almost 25% of their disposable income on energy? http://t.co/YOn28COXy8—
Mark J. Perry (@Mark_J_Perry) June 22, 2015
When do rising incomes increase child poverty?
22 Aug 2015 2 Comments
in economic history, labour economics, politics - New Zealand, poverty and inequality, welfare reform Tags: child poverty, family poverty, Leftover Left, measurement error, New Zealand Greens
Summary of the 222 pages of MSD's Household Incomes report: kids are still missing out BIG time. #itsnotchoice http://t.co/4x7dm1O0Wg—
Child Poverty NZ (@povertymonitor) August 13, 2015
AHC = after deducting housing costs
BHC = before deducting housing costs
‘anchored line’:
- this is the line set at a chosen level in a reference year (now 2007), and held fixed in real terms (CPI adjusted)
- the concept of ‘poverty’ here is – have the incomes of low-income households gone up or down in real terms compared with what they were previously?
‘moving line’:
- this is the fully relative line that moves when the median moves (e.g. if median rises, the poverty line rises and reported poverty rates increase even if low incomes stay the same)
- the concept of ‘poverty’ here is – have the incomes of low-income households moved closer or further away from the median?
Bryan Perry, Household Incomes in New Zealand: trends in indicators of inequality and hardship 1982 to 2014 – Ministry of Social Development, Wellington (August 2015), p. 133.
Source: Bryan Perry, Household Incomes in New Zealand: trends in indicators of inequality and hardship 1982 to 2014 – Ministry of Social Development, Wellington (August 2015), p. 133.
Is child poverty in New Zealand 245,000 children or 305,000 children?
260,000 kids in income poverty, 180,000 in material hardship, 10% in severe poverty, 3in5 in poverty for a long time http://t.co/Oy5cWftvwU—
Child Poverty NZ (@povertymonitor) May 21, 2015
If you base your estimate of child poverty on the 60% of median income after housing costs moving line, which is the number of low income households who moved further away from 60% of median income, a median which increased by 5% last year, the figure is 305,000 children after housing costs. 45,000 children are in households that is not as close to the median as last year but are not necessarily any poorer than last year in terms of money coming into the house.
45k more children in #poverty this year than last, that’s 305k Kiwi kids without life's basics. C'mon @johnkeypm! http://t.co/K8zeQpgA79—
UNICEF New Zealand (@UNICEFNZ) August 13, 2015
If you base your estimate on the anchored line, which is the number of low income households whose income has gone up on down compared to what they were on previously,the number of children in poverty has increased from 235,000 to 245,000 after housing costs. About 10,000 children are poorer than last year – poorer enough than last year to be classified as in poverty.
Poverty in America
22 Aug 2015 Leave a comment
in economic history, labour economics, politics - USA, poverty and inequality, welfare reform Tags: 1996 U.S. welfare reforms, child poverty, family poverty
Half as many blacks in the U.S. today are living in poverty as in 1960. buff.ly/1KTT5Sz http://t.co/PKK5REXr0P—
HumanProgress.org (@humanprogress) August 07, 2015
More evidence of mass kidnappings of #occupywallstreet activists
20 Aug 2015 Leave a comment
in applied price theory, human capital, income redistribution, labour economics, labour supply, politics - USA, poverty and inequality, Public Choice, rentseeking, sports economics Tags: expressive voting, Left-wing hypocrisy, Leftover Left, mass kidnappings, Occupy Wall Street, rational ignorance, rational irrationality, superstar wages, superstars, top 0.1%, top 1%
Ratio of Median Salary of Top 25 Highest Paid MLB Player to Avg. Worker Pay Increased from 100:1 to 700:1 Since 1988 http://t.co/5zLktBXS3D—
Mark J. Perry (@Mark_J_Perry) August 18, 2015
Vanishing effect of #religion on the labour market participation of European women
19 Aug 2015 Leave a comment
in economics of religion, gender, human capital, labour economics, labour supply, occupational choice, poverty and inequality, welfare reform Tags: female labour force participation, female labour supply, France, gender gap, Germany, Greece, Italy, Portugal, Spain, Turkey
Vanishing effect of #religion on the labor market participation of European women newsroom.iza.org/en/2015/08/10/… http://t.co/25nx8NiEfk—
IZA (@iza_bonn) August 10, 2015
Utopia, you are standing in it! 
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