The case against waiting for trade agreements
05 Jul 2015 Leave a comment
in international economics, politics - Australia, politics - New Zealand, politics - USA Tags: free trade agreements, globalisation, preferential trading agreements, regional trade agreements, trade creation, trade version, unilateral free trade
Solar and wind power – forever just round the corner
05 Jul 2015 Leave a comment
in energy economics, environmental economics, global warming, politics - Australia, politics - New Zealand, politics - USA Tags: Big Solar, Big Wind, creative destruction, green rent seeking, renewable energy, solar power, wind power
Gender wage gap, USA, UK, Australia and New Zealand since 2001
04 Jul 2015 Leave a comment
in discrimination, economic history, gender, labour economics, politics - Australia, politics - New Zealand, politics - USA Tags: Australia, British economy, gender wage gap
Figure 1: Gender wage gap (unadjusted % difference between median wages of male and female full-time employees)
Source: OECD StatExtract.
The key skill of consultants
04 Jul 2015 Leave a comment
in labour economics, occupational choice, personnel economics, politics - Australia, politics - New Zealand, politics - USA Tags: charlatans, consultants, market for experts
Where Cannabis is legal
03 Jul 2015 1 Comment
in economics of crime, economics of regulation, health economics, law and economics, liberalism, politics - Australia, politics - New Zealand, politics - USA Tags: marijuana decriminalisation, meddlesome preferences, medical marijuana decriminalisation, nanny state
Map of where Cannabis is legal (2014)
From: bit.ly/1uZ2uvq http://t.co/e0W7fJ8FZC—
Max Roser (@MaxCRoser) June 30, 2015
45% of Australia and New Zealand are immigrants or their children
03 Jul 2015 Leave a comment
in politics - Australia, politics - New Zealand, politics - USA, population economics Tags: Australia, economics of immigration
The media history of climate change scares
03 Jul 2015 Leave a comment
in economic history, economics of media and culture, energy economics, entrepreneurship, environmental economics, global warming, industrial organisation, politics - Australia, politics - New Zealand, politics - USA, rentseeking, survivor principle Tags: climate alarmism, global cooling, global warming, media bias
The Great Escape in life expectancies over the last 40 years
01 Jul 2015 Leave a comment
in economic history, health economics, politics - Australia, politics - New Zealand, politics - USA Tags: life expectancies, mortality rates, The Great Escape
Terrorist attacks and tourism
30 Jun 2015 Leave a comment
in economics of media and culture, industrial organisation, international economics, politics - Australia, politics - New Zealand, politics - USA, survivor principle, war and peace Tags: economics of tourism, war on terror
Daily chart: Tourist visits before and after African terror attacks econ.st/1JmvUN3 http://t.co/5nWKUQbey8—
The Economist (@TheEconomist) June 30, 2015
The different types of authoritarian personalities
28 Jun 2015 Leave a comment
in comparative institutional analysis, constitutional political economy, politics - Australia, politics - New Zealand, politics - USA, Public Choice Tags: antiforeign bias, antimarket bias, economics of personality traits, expressive voting, Leftover Left, makework bias, political psychology, rational ignorance, rational irrationality
All in less cash transfers average income tax rates at average wage, USA, UK, Australia and New Zealand
27 Jun 2015 Leave a comment
in labour supply, politics - Australia, politics - New Zealand, politics - USA, poverty and inequality, public economics Tags: Australia, British economy, family tax credits, family taxation, in-work tax credits, social insurance, taxation and the labour supply, welfare state
Figure 1: All in less cash transfers average income tax rates at average wage, 2014
Source: OECD tax database
Why is the Australian top 0.1% far less greedy than the UK, US and Canadian top 0.1%?
26 Jun 2015 Leave a comment
in economic history, entrepreneurship, human capital, labour economics, labour supply, Marxist economics, occupational choice, politics - Australia, politics - USA, poverty and inequality Tags: Australia, British economy, Canada, Leftover Left, top 0.1%, top 1%
Figure 1: top 0.1% share of gross income, Australia, UK, USA and Canada since 1946
Source: Chartbook of Economic Inequality.
The top 0.1% in Australia is earning not much more than it did in 1946. For most of the post-war period, the Australian top 0.1% earned less than what it earned in 1946. The only spike in the earnings of the Australian top 0.1% occurred after the top tax rate of 66% was reduced to 49% in 1986.
There were major cuts in the top tax rates in Australia,the USA and UK in the early 1980s. Figure 1 shows that these top tax rate cuts were matched with a spike in the earnings of the top 0.1% subsequent to those large tax cuts.
What Percentage of Your Country Smokes Marijuana?
25 Jun 2015 Leave a comment
in economics of crime, law and economics, liberalism, politics - Australia, politics - New Zealand, politics - USA Tags: marijuana decriminalisation, meddlesome preferences, nanny state
What Percentage of Your Country Smokes Marijuana?
priceonomics.com/what-percentag… http://t.co/t5ybdqNv4X—
Priceonomics (@priceonomics) April 21, 2015
Utopia, you are standing in it! 
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