From https://www.minneapolisfed.org/article/2001/a-million-mutinies-the-key-to-economic-development
A Million Mutinies: The key to economic development |Robert Lucas 2001
02 Nov 2021 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic growth, economic history, economics of bureaucracy, economics of education, entrepreneurship, growth disasters, growth miracles, history of economic thought, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, macroeconomics, occupational choice, poverty and inequality, property rights, Public Choice, public economics, rentseeking, Robert E. Lucas, unemployment Tags: economics of immigration, The Great Enrichment
Everything We Know About the World’s Most Isolated Tribe
02 Nov 2021 Leave a comment
in economic history, economics of education, economics of media and culture, economics of natural disasters
How Does Autopilot Work? A Pilot Explains What It Can and Can’t Do | @WSJ
02 Nov 2021 Leave a comment
Bismarck: Why its mission made sense!
02 Nov 2021 Leave a comment
in defence economics, war and peace Tags: World War II
Staggering Waste: Counting The Obscene Cost of Wind & Solar Subsidies
01 Nov 2021 Leave a comment
There would not be wind or solar industries in the absence of massive and endless subsidies. Those subsidies are either tacked on top of rocketing power bills and paid for by households and businesses; or they are provided in the form of tax credits or rebates to the owners and operators of wind turbines and solar panels; or they are provided to them by direct payment from governments for which all taxpayers are ultimately liable.
Governments and renewable energy rent-seekers have gone to considerable efforts to conceal how much subsidies are costing us; for obvious political reasons.
In Australia, as Alan Moran details below, the cost to date has been staggering and, if Scott Morrison signs up to a net-zero carbon dioxide gas emissions target, the cost born by households and businesses will be truly colossal.
Australia’s Obscene Green Subsidy Machine
Quadrant Online
Alan Moran
6 October 2021
When an…
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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
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