More and more employees have rules about not been a dork online
04 May 2015 Leave a comment
in economics of media and culture, labour economics, law and economics, occupational choice, property rights Tags: employment law
American opinions on abortion don’t differ that much by gender
04 May 2015 Leave a comment
in law and economics, politics - USA Tags: abortion, activists, feminism

Women have in recent years been more likely than men to hold the two absolute positions on abortion — saying it should be either legal under any circumstances or illegal in all circumstances — but these differences are not large.

Within various age and partisan categories, men and women are mostly similar in their views. Only with respect to education, specifically those with a college education, is there a sizable gender gap.
College-educated women are significantly more likely than college-educated men to believe abortion should be legal under any circumstances.
via Education Trumps Gender in Predicting Support for Abortion.

In the broadest terms, the largest segments of Republicans and Democrats have consistently preferred the middle "legal only under certain circumstances" abortion position.
What’s changed since 1975 is that the percentage of Republicans favouring the "illegal in all circumstances" position has grown and the percentage favouring the "legal under any circumstances" position has decreased. The reverse pattern is seen among Democrats.

via Republicans’, Dems’ Abortion Views Grow More Polarized.
The question I ask is why isn’t this substantial number of women with reservations to varying degrees about abortion not represented by the feminists who claim to speak on their behalf in the media?

What is assortative mating?
02 May 2015 Leave a comment
in discrimination, economics of education, economics of love and marriage, gender, human capital, labour economics, labour supply, law and economics, occupational choice Tags: assortative mating
#Dailychart: Sex and money: How women's equality increases wealth inequality. econ.st/1kCYG1R http://t.co/dfrYJs4vBs—
The Economist (@ECONdailycharts) February 13, 2014
What are the prices on the black market for animal parts?
01 May 2015 Leave a comment
in economics of crime, economics of regulation, entrepreneurship, environmentalism, law and economics, property rights Tags: black markets, economics of prohibition, endangered species, offsetting behaviour, or unintended consequences
Animated #Dailychart: Bear bile, rhino horn, tiger bone–how much do animal products cost? econ.st/1nfrFKf http://t.co/oG5HtZvzOL—
The Economist (@ECONdailycharts) July 23, 2014
Libya is blessed with more than a few competing governments
01 May 2015 Leave a comment
in constitutional political economy, law and economics Tags: Arab Spring, Libya
#Dailychart: Three years after Qaddafi's death, Libya is violently split econ.st/1sGKSWk http://t.co/aRSCmfaAPR—
The Economist (@ECONdailycharts) October 20, 2014
Social change is rapid – opinion on same-sex marriage version
01 May 2015 2 Comments
in economics of love and marriage, law and economics, politics - USA Tags: same-sex divorce, same-sex marriage
#Dailychart: Same-sex marriage is legal in 36 states. Here's how opinion has changed econ.st/1dpjNnI http://t.co/8fdhl8KJC2—
The Economist (@ECONdailycharts) April 28, 2015
Does vertical political integration reduce corruption in government?
01 May 2015 Leave a comment
in economics of crime, industrial organisation, law and economics Tags: bribery and corruption, chain of monopolies problem, Japan, ODA, overseas aid, Pakistani
Anti-Dismal blogged today on how vertical integration can reduce the double mark-up problem of monopolies. The one thing worse than a monopoly is dealing with a chain of monopolies. Buyers must pay a monopoly price to each step in the chain.
If these monopolies were to merge into one single monopoly, the monopolist would charge a lower single monopoly price. The vertical integration captures the deadweight social loss of the chain of monopoly prices. Monopoly profits are higher, yet the monopoly price paid by buyers is lower.
This blog post reminded me of a particularly astute short article in the Economist 15 or so years ago analysing Benazir Bhutto’s husband as a solution to the chain of monopolies problem.
When Benazir Bhutto became Prime Minister of Pakistan for the first, she appointed her husband Minister of Investments. He became known as Mr 10%.
![]()
The welfare gain for the downtrodden Pakistani’s was that if you paid Benazir Bhutto’s husband is 10%, you got what you pay for. No further bribes of more junior and petty officials were required if you paid Benazir Bhutto’s husband his 10%. Many investments and business that otherwise would have been blocked but for countless bribes to a chain of corrupt politicians and bureaucrats at every turn went ahead.
When Benazir Bhutto became Prime Minister of Pakistan for the second time, not only was her husband again appointed Minister of Investments, he had better economic advisers. He became Mr 40%. Benazir Bhutto’s husband wanted to capture the economic gains of single-stop bribery and corruption for his family.
My experience with Japanese overseas development assistance confirms the same. They budget 10% for bribes. Their main interest is effective bribery. If they pay a bribe, the Japanese ODA agency expects to get what they pay and not have to pay a chain of more junior officials as well for the same thing.
How much is your hacked data worth?
28 Apr 2015 Leave a comment
in economics of crime, law and economics Tags: crime and punishment, electronic crime, hacking
Interesting overview of how much your stolen data is worth: informationisbeautiful.net/visualizations…. Source: @infobeautiful http://t.co/aTc9KOPpCm—
Matt Berryman (@mattberryman) October 09, 2014
The crime rate is certainly down in America
28 Apr 2015 Leave a comment
in economics of crime, law and economics Tags: crime and punishment, criminal deterrence
A lot of people test positive to something
27 Apr 2015 Leave a comment
in economics of crime, health and safety, labour economics, law and economics Tags: workplace drug testing
The marriage squeeze in India and China
27 Apr 2015 Leave a comment
The marriage squeeze in India and China is taking a third of humanity into uncharted territory econ.st/1IN2wyw http://t.co/GbjVDDqJ5h—
The Economist (@EconBizFin) April 26, 2015
Moral panic compared: allergies versus vaccination
26 Apr 2015 Leave a comment
in economics of regulation, environmental economics, health economics, law and economics Tags: Allergies, Anti-Science left, anti-vaccination movement, cranks, Left-wing hypocrisy, meddlesome preferences, quackery, Quacks
Swedish cops on vacation break up NY subway fight
26 Apr 2015 Leave a comment
in economics of crime, law and economics Tags: crime and punishment, law enforcement, New York City, police, Sweden
“We’re no heroes, just tourists.” nyp.st/1PnVhkt http://t.co/EIGtwlajzQ—
New York Post (@nypost) April 23, 2015
via Swedish cops on vacation break up subway fight | New York Post.
The changing American family
24 Apr 2015 3 Comments
in economics of love and marriage, gender, labour economics, labour supply, poverty and inequality, welfare reform Tags: family demographics, single parents


via Was Moynihan Right? What happens to the children of unmarried mothers : Education Next

For these reasons regarding strong passionate minority opposition and weak majority support, the Labour Party’s new leader pressured a member of his caucus to withdraw a private member’s bill on end of life choice.


Recent Comments