Charles Plosser on sticky wages

20 Dec 2019 Leave a comment

Image by Jim Rose

“Good Intentions” with Walter E. Williams

15 Dec 2019 Leave a comment

by Jim Rose in applied price theory, discrimination, economic history, economics of bureaucracy, economics of crime, economics of education, economics of regulation, human capital, income redistribution, labour economics, labour supply, law and economics, minimum wage, occupational choice, occupational regulation, politics - USA, poverty and inequality, Public Choice, public economics, rentseeking, unemployment, unions, welfare reform Tags: , , , , ,

Milton Friedman (1951) on union power is over-rated

13 Dec 2019 Leave a comment

by Jim Rose in applied price theory, economic history, labour economics, labour supply, Milton Friedman, unions Tags: ,

Friedman (1951) thought the union wage premium was overstated because it can’t be as big as doctors’ extract from occupational licensing

02 Dec 2019 Leave a comment

by Jim Rose in applied price theory, econometerics, economics of regulation, labour economics, labour supply, Milton Friedman, occupational choice, occupational regulation, Public Choice, rentseeking, unions Tags: , , ,

The union wage premium is no more

29 Nov 2019 Leave a comment

by Jim Rose in econometerics, labour economics, unions Tags:

From https://www.berkeley.edu/news/media/releases/2004/09/08_union.shtml

Knight on what did Keynes say

11 Oct 2019 Leave a comment

Image by Jim Rose

Alfred Marshall was an astute observer of the labour market using asset specificity and hold-ups

25 Sep 2019 Leave a comment

by Jim Rose in applied price theory, labour economics, labour supply, unions

From https://books.google.co.nz/books?id=1Y3UP9YoYpUC&printsec=frontcover&dq=alfred+marshall&hl=en&sa=X&ved=0ahUKEwjrlI_HncHkAhXRWisKHQhSCm0Q6AEIODAC#v=onepage&q=alfred%20marshall&f=false

Alfred Marshall on worker’s bargaining power and the union wage premium

10 Sep 2019 1 Comment

by Jim Rose in Alfred Marshall, applied price theory, history of economic thought, labour economics, labour supply, unions

From https://books.google.co.nz/books?id=1Y3UP9YoYpUC&printsec=frontcover&dq=alfred+marshall&hl=en&sa=X&ved=0ahUKEwjrlI_HncHkAhXRWisKHQhSCm0Q6AEIODAC#v=onepage&q=alfred%20marshall&f=false

Thomas Sowell – Race and Economics

07 Sep 2019 Leave a comment

by Jim Rose in discrimination, economic history, economics of education, human capital, labour economics, labour supply, law and economics, occupational choice, occupational regulation, politics - USA, poverty and inequality, property rights, Thomas Sowell, unemployment, unions, welfare reform Tags:

Richard Epstein on labour relations

26 Jul 2019 Leave a comment

by Jim Rose in applied price theory, comparative institutional analysis, economics of regulation, labour economics, labour supply, law and economics, politics - USA, Richard Epstein, unions Tags: ,

Earl A. Thompson on anomalies in unionisation

18 Jul 2019 Leave a comment

by Jim Rose in applied price theory, human capital, labour economics, labour supply, unions Tags:

The Nobel Lecture: Equilibrium in the Labour Market with Search Frictions

14 Jul 2019 Leave a comment

by Jim Rose in business cycles, labour economics, labour supply, macroeconomics, unemployment, unions, welfare reform Tags: , ,

When a Spaniard moved to backward Minnesota

10 Jul 2019 Leave a comment

by Jim Rose in income redistribution, industrial organisation, labour economics, labour supply, law and economics, politics - USA, Public Choice, rentseeking, survivor principle, unions Tags: , ,

Earl A. Thompson doesn’t think much of union power to raise wages

09 Jul 2019 Leave a comment

Image by Jim Rose

Lee Ohanian and the Great Depression

07 Jul 2019 Leave a comment

Image by Jim Rose

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