RES-GES Webinar: Racial Inequality Glenn Loury
06 Oct 2021 Leave a comment
in applied price theory, discrimination, economic history, economics of crime, economics of education, history of economic thought, human capital, labour economics, labour supply, law and economics, occupational choice, poverty and inequality, welfare reform Tags: racial discrimination
06 Oct 2021 Leave a comment
in economics of bureaucracy, economics of education, environmentalism, law and economics, liberalism, libertarianism, Marxist economics, politics - Australia, politics - New Zealand, politics - USA, Public Choice
Traffic
06 Oct 2021 Leave a comment
Traffic (2000) Director: Steven Soderbergh
★★★☆☆
Based on a 1989 British television show called Traffik, a masterpiece theater series that tracked the movement of heroin from Turkish fields to the streets of Europe, Steven Soderbergh’s 2000 film Traffic explores the global dilemma of the international drug trade as it affects various people inside and outside the United States. The unique cinematography and editing in Traffic shows a remarkably bipolar world: the color tint in Mexico is yellow to convey a dusty desert akin to the wild west, whereas in the United States scenes are color-tinted blue to indicate cold, sterile, hopeless environs. Scenes in Mexico are portrayed as lawless and dangerous, whereas scenes in the U.S. are portrayed as calloused and unforgiving. Soderbergh won an Academy Award for Best Director for Traffic, and the film itself was nominated for Best Picture.
In the film we meet two Mexican…
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Rain Man
06 Oct 2021 Leave a comment
Rain Man (1988) Director: Barry Levinson
“Of course when they bring the pancakes after the maple syrup it’ll be too late…”
★★★☆☆
Rain Man is a bittersweet comedy/drama that occurs mainly on the open road. It is about the troubled relationship between two brothers, Raymond Babbitt (Dustin Hoffman) a high-functioning autistic savant who lives at the Wallbrook Mental Institution and whose life is timed by a rigid series of schedules in order to maintain psychological stability; and a slick Los Angeles hotshot named Charlie Babbitt (Tom Cruise) who is only interested in money. When Charlie Babbitt’s father dies he learns he has merely inherited a classic car and little else, and instead the bulk of his father’s fortune totaling $3M has been placed in a trust held by the Wallbrook Institution. Charlie travels across the country to the Wallbrook Institution where he discovers his previously unknown brother, Raymond.
When Charlie…
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The Science of Political Judgment and Empathy | Paul Bloom | Big Think
06 Oct 2021 Leave a comment
in economic history, economics of education, law and economics, liberalism, libertarianism, Marxist economics, Public Choice Tags: evolutionary psychology, expressive voting, free speech, moral psychology, political psychology, regressive left
Essential UCLA School of Economics: The Economics of Unintended Consequences
06 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, Armen Alchian, comparative institutional analysis, economics of information, economics of regulation, Gary Becker, George Stigler, industrial organisation, law and economics, Ronald Coase, Sam Peltzman, survivor principle
George Selgin, 2016 conference: ‘Quantitative Easing. Triumph or Folly?’
06 Oct 2021 Leave a comment
in business cycles, economic history, financial economics, global financial crisis (GFC), great recession, macroeconomics, monetary economics Tags: monetary policy
Our electoral system is to be subjected to a sweeping review – but the Maori seats are in no danger of being brushed away
05 Oct 2021 Leave a comment
The Parliamentary seats put aside especially for Maori – they provided Labour with five MPs at the 2020 general election – are among the issues that are off limits during something described by RNZ as “a sweeping review of the country’s electoral laws”.
It will include voting age, the three-year term, party funding and the “coat-tailing” rule.
But the government has been careful to ensure the seven Maori electorates (although it lost two of them to the Maori Party at the last general election) aren’t swept away during this clean-up of our electoral system.
As Faafoi explained without the hint of a blush, the review will not consider changes to Māori seats, local elections, changing from the MMP system, or fundamental constitutional changes such as becoming a republic or having an upper house.
Moreover, he said some rule changes – he described these as “targeted” ones, such as changes to…
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unpleasant arithmetic hyperinflation Thomas Sargent
05 Oct 2021 Leave a comment
in budget deficits, business cycles, economic history, financial economics, fiscal policy, macroeconomics, monetarism, monetary economics, public economics Tags: hyperinflation, monetary policy
Edward Prescott: Labor Reform and Crisis Recovery – Barcelona GSE
05 Oct 2021 Leave a comment
in business cycles, economic growth, Edward Prescott, fiscal policy, global financial crisis (GFC), great depression, great recession, labour economics, labour supply, macroeconomics, monetary economics, unemployment
David Friedman – The World From an Anarchist-Anachronist-Economist’s View
05 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, David Friedman, economics of crime, labour economics, law and economics, property rights
Statistical Modeling of Monetary Policy and It’s Effects
05 Oct 2021 Leave a comment
in budget deficits, business cycles, economic history, fisheries economics, global financial crisis (GFC), great recession, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics Tags: Keynesian macroeconomics, monetary policy
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