HT: Justin Wolfers.
How would you feel if @realdonaldtrump were elected President? #NeverTrump
27 Mar 2016 Leave a comment
in politics - USA Tags: 2016 presidential election
HT: Justin Wolfers.
Robert Muldoon explained
27 Mar 2016 Leave a comment
in economics of media and culture, health economics, politics - New Zealand Tags: cranks, GMOs
All part of @BernieSanders’ good old days before the top 1% looted everything
26 Mar 2016 Leave a comment
in applied welfare economics, economic history, economics of media and culture, politics - USA, poverty and inequality, technological progress
@suemoroney the Maori economy is not $39 billion, it is much more @Maori_Party
26 Mar 2016 Leave a comment
in economic history, economics of education, human capital, labour economics, politics - New Zealand Tags: Maori economic development
Much of the non-European human capital in New Zealand is Maori and it far exceeded $39 billion 20 years ago or more. Attempts to quantify the Maori economy by counting up the value of Maori institutions and businesses distracts from the main priority for Maori economic development which is education, education, education.
Source: Lˆe Thi. Vˆan Tr`ınh, Estimating the monetary value of the stock of human capital for New Zealand, University of Canterbury PhD thesis (September 2006), Table 4.6: Aggregate human capital stock by ethnicity.
Why Trump is popular
25 Mar 2016 Leave a comment
in economics, liberalism, libertarianism, politics - USA
The 1st @Paul Krugman (1994) on “Competitiveness: A Dangerous Obsession”
24 Mar 2016 Leave a comment
in international economics, politics - USA Tags: anti-foreign buyers, anti-market buyers, Leftover Left, Paul Krugman, public intellectuals, rational ignorance, rational irrationality, renegade Left
Average incomes before and after US federal taxes
23 Mar 2016 Leave a comment
in politics - USA, public economics Tags: after-tax income distribution
Does competitiveness lower bias?
23 Mar 2016 Leave a comment
in economics, economics of media and culture, entrepreneurship, politics - USA, Public Choice Tags: media bias
@AntonyGreenABC priceless tweets on Australian upper house quotas
21 Mar 2016 Leave a comment
in constitutional political economy, economics, politics - Australia Tags: bicameralism, proportional representation, Upper Houses
The 1st @PaulKrugman on @GrantRobertson1’s #futureofwork?
21 Mar 2016 Leave a comment
in economics of regulation, labour economics, minimum wage, politics - USA, poverty and inequality, unemployment Tags: employment law, employment protection laws, France, labour market regulation, New Zealand Labour Party, rent control, social insurance, The fatal conceit, unintended consequences
Source: Paul Krugman (1997) Unmitigated Gauls.
Left-wing governments are rare in Australia
21 Mar 2016 Leave a comment
in constitutional political economy, economic history, politics - Australia, Public Choice Tags: Australian Labour Party, Bob Hawke, Gough Whitlam, left-wing governments, Paul Keating, Social Democrats
There have been one left-wing government in Australia since 1949. That was the Whitlam government elected between 1972 to 1975.
The Australian Labour Party defeated a tired and smelly Liberal National party government that had held office for 23 years. There was no landslide when it was time to throw out a 23 year government.
Gough Whitlam managed to beat dopey old Billy McMahon on a small swing and win a majority of 9 seats in 1972. That was later reduced to 7 in the 1974 election.
Hawke, Keating, Rudd and Gillard Labour governments were all social democratic governments. They were not left-wing governments.
@mattyglesias on why greedy drug companies are heroes
20 Mar 2016 Leave a comment
in economics of regulation, health economics, law and economics, politics - New Zealand, politics - USA, property rights Tags: avoiding difficult choices, drug lags, generic drugs, intellectual monopolies, invisible graveyard, patents and copyrights
Just exactly how big is @grantrobertson1’s great big new tax?
20 Mar 2016 1 Comment
in labour economics, labour supply, politics - USA, poverty and inequality, welfare reform Tags: Director's Law, universal basic income
https://twitter.com/grantrobertson1/status/711303279284629505
Gareth Morgan’s universal basic income, by his own calculations, make well-to-do people better off and the poor and old age pensioners worse off at the cost of $12 billion tax rise. The Labour Party has now adopted this policy as worth considering.
Source: Gareth Morgan Presentation Slide 20 of 27 | Big Kahuna Book.
Source: Gareth Morgan Presentation Slide 20 of 27 | Big Kahuna Book.
Utopia, you are standing in it! 
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