Compensating differences in wages and work intensity
01 Nov 2021 Leave a comment
in Adam Smith, Alfred Marshall, applied price theory, economic history, entrepreneurship, history of economic thought, industrial organisation, labour economics, labour supply, managerial economics, occupational choice, organisational economics, personnel economics, survivor principle Tags: compensating differences
Media Myth Alert at 12: Recalling memorable myth-busting posts
01 Nov 2021 Leave a comment
Media Myth Alert today marks its 12th anniversary of calling attention to the publication or posting of prominent but exaggerated tales about media prowess and the presumed power and influence of journalists.
Twelve years offers a fitting occasion to recall some memorable posts — posts that tweaked often-arrogant media outlets such as the Washington Post and PBS, called out media lapses and hypocrisy, and supported the two editions of my myth-busting book, Getting It Wrong.
The lineup that unfolds below is admittedly subjective and represents but a slice of the hundreds of essays posted since the launch of Media Myth Alert on the afternoon of Halloween, 2009. It’s nonetheless a slice that makes for pleasant reminiscence. What follows are headlines and descriptions of five of the posts that for varying reasons have stood out over the years:
■ Why Trump-Russia is hardly Watergate-Nixon (posted March 5, 2017):
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How Do Bees Make Honey?
01 Nov 2021 Leave a comment
in economics of education, economics of media and culture
David Friedman BSU Lecture – Part 3/4
01 Nov 2021 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, David Friedman, defence economics, economics of crime, law and economics, property rights
Should We Abolish Fossil Fuels to Stop Global Warming? A Soho Forum Debate
01 Nov 2021 1 Comment
in applied price theory, applied welfare economics, development economics, energy economics, environmental economics, global warming Tags: carbon tax, carbon trading, climate alarmists, pessimism bias
Edward Glaeser on Survival of the City
01 Nov 2021 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, development economics, economic history, economics of bureaucracy, economics of crime, economics of education, economics of regulation, entrepreneurship, human capital, income redistribution, industrial organisation, international economics, labour economics, labour supply, law and economics, occupational choice, poverty and inequality, property rights, Public Choice, public economics, rentseeking, survivor principle, transport economics, urban economics
Abortion rights and the Constitution
31 Oct 2021 Leave a comment
in law and economics Tags: abortion law reform, constitution law
Renewables Retreat: Europe’s Big Wind Power Drought Provides Major Reality Check
31 Oct 2021 Leave a comment
All of a sudden coal-fired power is back in vogue and everybody wants a nuclear power plant: what a difference a burst of calm weather can make.
The world’s ‘love’ affair with wind power was never going to last. It was always going to be like unveiling a mystery bride on the wedding night to find a toothless crone, instead of the nubile young thing that was promised to the hopeful groom.
As buyer’s remorse takes hold, it’s time to lift the veil and take a look at just how insane our energy policies have become, thanks to a heady mix of starry-eyed ideology and wishful thinking.
Matthew Sheahan takes a look at Europe’s wind power disaster from an Australian perspective.
Aussie Taxpayers to Subsidise Renewables and Coal to Keep the Lights On
Advance Australia
Matthew Sheahan
10 September 2021
Although millions have fallen for the nonsense that intermittent solar…
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Richard Tol argues that – cost wise – emission reduction can be modest
31 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, development economics, econometerics, economic history, energy economics, environmental economics, global warming, growth disasters, growth miracles Tags: carbon tax, carbon trading
The great cost of NIMBYism
31 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, econometerics, economic growth, economic history, economics of regulation, labour economics, labour supply, macroeconomics, politics - USA, urban economics Tags: housing affordability, land supply, zoning
31 Oct 2021 Leave a comment
in economic history, economics of education, economics of media and culture
The High Cost of Good Intentions with John F. Cogan: Perspectives on Policy
31 Oct 2021 Leave a comment
in economic history, entrepreneurship, financial economics, history of economic thought, human capital, income redistribution, industrial organisation, labour economics, labour supply, occupational choice, occupational regulation, poverty and inequality, Public Choice, survivor principle, unemployment, welfare reform Tags: taxation and labour supply
Utopia, you are standing in it! 
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