Has the Democratic Party lost the white working class
29 Sep 2015 Leave a comment
in economic history, income redistribution, politics - USA, Public Choice, rentseeking Tags: American politics, Democratic Party, rational ignorance, rational rationality, suppressive voting, Withering away of the proletariat
Again, the decline in white working class support for Democrats is vastly overstated. I bid you a good night. http://t.co/bUNpME5o3B—
The Monkey Cage (@monkeycageblog) September 13, 2015
California police killings by race, 1 January – 29 September 2015
29 Sep 2015 Leave a comment
in economics of crime, law and economics, politics - USA
Justice Scalia on killing terrorists with drones
27 Sep 2015 Leave a comment
in laws of war, politics - USA, war and peace Tags: drones, Justice Scalia, war on terror
US Illegitimacy Rates
27 Sep 2015 Leave a comment
CHART of the DAY: US Illegitimacy Rates http://t.co/TcbPo1Yhf9—
Mark J. Perry (@Mark_J_Perry) May 12, 2015
RT @GreenpeaceNZ are right: Do not send anyone to @cop21 The summit is waste of time
25 Sep 2015 Leave a comment
in environmental economics, global warming, politics - Australia, politics - New Zealand, politics - USA, Public Choice Tags: China, climate alarmism, climate treaties, global warming, green tariffs, Greenpeace, international environmental law, Paris Summit 2015, Twitter left
Greenpeace is right in saying in their open letter with others that New Zealand should not send a minister to the climate talks in Paris later this year. I agree for different reasons.
An open letter from @GreenpeaceNZ, @350nz & @coalaction to @johnkeypm not to send anyone to #climate talks in Paris. http://t.co/C1hBJ1teNU—
ActionStation (@actionstation) September 25, 2015
In common with many previous climate summits, the Paris talks will be a futile gesture that will have no significant effect on the pace of global warming and holding the summit is a waste of taxpayers money.
Nothing will come of them because the developing countries have no interest in postponing their development because of a minor inconvenience from global warming.
Do us all a favour @JohnKeyPM, don't send Tim to Paris >> stuff.co.nz/environment/cl… #GroserDontGo #COP21 http://t.co/DaqvPGZ4Ls—
Greenpeace NZ (@GreenpeaceNZ) September 25, 2015
The easy way to tell if there is anything going to happen at a climate summit is the seniority of the delegation.
The Chinese made it clear at the Copenhagen summit in 2009 that they were not interested in an agreement by sending a Vice Minister of Foreign Affairs to a key side meeting of the American and French presidents, the British Prime Minister and the German Chancellor. All subsequent policy manoeuvrings by the Chinese on global warming are an attempt to head off green tariffs on their exports.
Trigger warning for American political junkies: latest US presidential polling
25 Sep 2015 Leave a comment
in politics - USA, Public Choice Tags: 2016 presidential election, expressive voting, opinion polls, rational ignorance, rational rationality, voter demographics
Here's @pollsterpolls avg since 6/1, w/ less smoothing. 2-pt drop for Trump. Not yet clear whether there's a trend. http://t.co/vrwXNC6hlo—
The Monkey Cage (@monkeycageblog) September 24, 2015
Here's some actual evidence on whether voter anger is helping "outsider" candidates. washingtonpost.com/blogs/monkey-c… http://t.co/RaragjjStV—
The Monkey Cage (@monkeycageblog) September 16, 2015
Ben Carson's decline and then surge in the polls tracks media attention. washingtonpost.com/blogs/monkey-c… http://t.co/mrddJMMAc0—
The Monkey Cage (@monkeycageblog) September 03, 2015
Another key graph: news coverage of Trump hasn't really become more negative. For more: washingtonpost.com/blogs/monkey-c… http://t.co/p8KpVcUlGd—
The Monkey Cage (@monkeycageblog) August 28, 2015
Here's a new graph of Trump's poll numbers and share of news coverage. For more see: washingtonpost.com/blogs/monkey-c… http://t.co/sdJCQCs5O5—
The Monkey Cage (@monkeycageblog) August 28, 2015
Drug Price Controls End Up Costing Patients Their Lives
24 Sep 2015 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of regulation, entrepreneurship, health economics, industrial organisation, law and economics, politics - USA, property rights, survivor principle Tags: creative destruction, endogenous growth theory, innovation, intellectual property rights, patents and copyrights, pharmaceutical innovation, price controls
Our research shows that when prices fall, innovation falls even more. Patients would see their lives cut short by delayed or absent drugs.
Source: Drug Price Controls End Up Costing Patients Their Health – NYTimes.com
…cutting prices by 40 to 50 percent in the United States will lead to between 30 and 60 percent fewer R and D projects being undertaken in the early stage of developing a new drug. Relatively modest price changes, such as 5 or 10 percent, are estimated to have relatively little impact on the incentives for product development – perhaps a negative 5 percent.
Source: The Effect of Price Controls on Pharmaceutical Research
Are the rich getting richer in the USA?
24 Sep 2015 Leave a comment
in economic history, politics - USA, poverty and inequality Tags: Occupy Wall Street, top 1%
https://twitter.com/Mark_J_Perry/status/646427815693434880/photo/1
We hear a lot about rising income inequality but Census data show it's been stable for 20 yrs
aei.org/publication/th… http://t.co/Cb2u0j97fv—
Mark J. Perry (@Mark_J_Perry) September 22, 2015
The supply-side economics of JFK
23 Sep 2015 Leave a comment
in applied price theory, applied welfare economics, politics - USA, Public Choice Tags: JFK, supply-side economics, taxation and growth, taxation and investment, taxation and the labour supply
Who said the taxpayer was not forward-looking as per the Ricardian equivalence theorem
23 Sep 2015 Leave a comment
in fiscal policy, politics - USA Tags: ageing society, demographic crisis, Ricardian equivalence theorem
51% of nonretirees doubt they will receive Social Security… on.gallup.com/1NcwzEa #GallupDaily http://t.co/ZhKnHYtr1X—
(@GallupNews) August 13, 2015
President Carter said the world would run out of oil by 2010
23 Sep 2015 Leave a comment
in energy economics, environmental economics, politics - USA Tags: doomsday prophecies, Oil prices, peak oil
President Carter said the world would run out of oil by 2010
realclimatescience.com/2015/06/presid… http://t.co/flmIxYOFdd—
Steve Goddard (@SteveSGoddard) June 22, 2015
Deaths in police car chases
22 Sep 2015 Leave a comment
in economics of crime, law and economics, politics - USA Tags: crime and punishment, law and order, police, police car chases
The price tag of Sanders’s proposals
22 Sep 2015 Leave a comment
in politics - USA Tags: 2016 presidential election
Price tag of Sanders’s proposals: $18 trillion on.wsj.com/1NssU4V http://t.co/WDRDcGLeVI—
Wall Street Journal (@WSJ) September 15, 2015
Utopia, you are standing in it! 
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