
Both the proletariat and the middle class are withering away these days thanks to capitalism and freedom.

Celebrating humanity's flourishing through the spread of capitalism and the rule of law
08 Feb 2016 Leave a comment
in applied welfare economics, economic history, labour economics, politics - USA, poverty and inequality Tags: living standards, rational ignorance, rational irrationality, withering away of proletariat

Both the proletariat and the middle class are withering away these days thanks to capitalism and freedom.

08 Feb 2016 Leave a comment
in constitutional political economy, politics - Australia, politics - New Zealand, politics - USA, Public Choice Tags: 2016 presidential election, median voter theorem
08 Feb 2016 Leave a comment
in defence economics, economics of bureaucracy, economics of education, economics of information, economics of media and culture, economics of regulation, energy economics, entrepreneurship, environmental economics, income redistribution, politics - USA, Public Choice, rentseeking Tags: 2016 presidential election Republican Party, Democratic Party, votor demographics
07 Feb 2016 Leave a comment
in politics - USA Tags: 2016 presidential election

There hasn’t been a seriously contested convention in decades, and history helps explain why: Presidential candidates who needed multiple ballots to get nominated usually didn’t win.
Source: A look back at contested conventions | Pew Research Center
07 Feb 2016 1 Comment
in politics - USA Tags: baby names
07 Feb 2016 Leave a comment
in discrimination, gender, labour economics, law and economics, politics - USA Tags: 2016 presidential election, Bill Clinton, Hillary Clinton, Left-wing hypocrisy, sexual harassment
06 Feb 2016 Leave a comment
in economic history, politics - USA
…as Lynn Vavreck and John Sides show in The Gamble, their excellent book on the 2012 campaign, voters saw themselves as ideologically between Obama and Mitt Romney but closer to Romney.
Source: Bernie Sanders’s strong campaign is solving Hillary Clinton’s biggest problem – Vox

Source: Bernie Sanders’s strong campaign is solving Hillary Clinton’s biggest problem – Vox.
06 Feb 2016 Leave a comment
in discrimination, gender, human capital, labour economics, labour supply, occupational choice, politics - New Zealand, politics - USA
06 Feb 2016 Leave a comment
in applied price theory, economics of regulation, financial economics, politics - USA
06 Feb 2016 Leave a comment
in politics - USA, public economics Tags: 2016 presidential election, entrepreneurial alertness, growth of government, size of government, taxation and entrepreneurship, taxation and investment, taxation and labour supply
05 Feb 2016 Leave a comment
in international economics, politics - USA
05 Feb 2016 Leave a comment
in economics of religion, entrepreneurship, industrial organisation, law and economics, politics - USA, property rights Tags: doing business, Mexico, Puerto Rico
Having a high minimum wage is the least of the problems that the US territory of Porto Rico has when you consider reasons from its recent sovereign default. It owes about US$70 billion. It is a terrible place to do do business – worse than Mexico! Mexicans find it easier to export to the USA!
05 Feb 2016 Leave a comment
in labour economics, labour supply, politics - Australia, politics - New Zealand, politics - USA, public economics Tags: 2016 presidential election, British election, Canada, Denmark, family tax credit, in work tax credit, taxation and labour supply
For some reason the Labour government in New Zealand in the mid-2000s could not bring itself to admit it was introducing a huge tax cut for families. To avoid admitting it ever gave a tax cut, that Labour government called the huge family tax credit introduced in 2004 and 2005 Working for Families.
Source: Taxing Wages 2015 – OECD 2015
The above data does not include the effects of GST and VAT.
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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