US income distribution
29 Aug 2015 Leave a comment
in applied welfare economics, income redistribution, labour economics, politics - USA, poverty and inequality Tags: top 1%
The March on Washington, this day in 1963
29 Aug 2015 Leave a comment
in economic history, economics of media and culture, law and economics, liberalism, politics - USA, Public Choice Tags: civil rights
The incomes of the bottom 99%
28 Aug 2015 Leave a comment
in applied welfare economics, politics - USA, poverty and inequality, Public Choice Tags: top 1%
In 1985, Obama’s science advisor John Holdren predicted that by now we’d be approaching a billion CO2-related deaths from famine
28 Aug 2015 Leave a comment
in environmental economics, global warming, politics - USA Tags: climate alarmists, cranks, doomsday profits, doomsday prophecies, global warming, Quacks
Should backyard swimming pools be banned?
26 Aug 2015 Leave a comment
in applied price theory, economics of crime, economics of regulation, health and safety, law and economics, politics - USA, property rights Tags: gun control, meddlesome preferences, nanny state, risk risk trade-offs
The Bootleggers and Baptists alliance between big tobacco and anti-smoking lobbyists on e-cigarettes
25 Aug 2015 Leave a comment
in applied price theory, applied welfare economics, economics of regulation, health economics, politics - Australia, politics - New Zealand, politics - USA, Public Choice, rentseeking Tags: bootleggers and baptists, economics of smoking, meddlesome preferences, nanny state, pressure groups, special interests
Do the @NZGreens care about the fuel poverty consequences of carbon taxes?
24 Aug 2015 Leave a comment
in energy economics, environmental economics, global warming, politics - Australia, politics - New Zealand, politics - USA, poverty and inequality Tags: carbon tax, climate alarmism, expressive voting, fuel poverty, global warming
Who is harmed the most from higher energy costs? The poor, who spend almost 25% of their disposable income on energy? http://t.co/YOn28COXy8—
Mark J. Perry (@Mark_J_Perry) June 22, 2015
The Molotov-Ribbentrop Pact was signed #OnThisDay 1939
23 Aug 2015 Leave a comment
in economic history, Marxist economics, politics - Australia, politics - New Zealand, politics - USA Tags: communist party, left-wing traitors, World War II
The Molotov-Ribbentrop Pact was signed #OnThisDay in 1939. Stalin was no less evil than Hitler econ.trib.al/iCowG41 http://t.co/yxr5FCW1xg—
The Economist (@EconEurope) August 23, 2015
How big is Uber
23 Aug 2015 Leave a comment
CHART: How Big is Uber vs. Legacy Taxis? VERY, VERY BIG nationalpost.com/m/wp/blog.html… http://t.co/gz0vXPZDip—
Mark J. Perry (@Mark_J_Perry) August 22, 2015
via Summer of Uber: Everything you need to know about the upstart ride-sharing service.
Marginal tax rates of 2-income couples with 2 children in USA, UK, Australia and New Zealand since 2000
23 Aug 2015 Leave a comment
in economic history, economics of love and marriage, labour economics, labour supply, politics - Australia, politics - New Zealand, politics - USA, public economics Tags: Australia taxation and labour supply, British economy, marriage and divorce
Source: OECD StatExtract.
Why some billionaires are bad for growth, and others aren’t
22 Aug 2015 Leave a comment
in applied price theory, applied welfare economics, economics of bureaucracy, economics of regulation, financial economics, income redistribution, industrial organisation, politics - Australia, politics - New Zealand, politics - USA, Public Choice, rentseeking, survivor principle Tags: Australia, billionaires, Russia, top 0.1%, top 1%
…Bagchi and Svejnar carefully went through the lists of all the Forbes billionaires, and divided them into those who had acquired their wealth due to political connections, and those who had not. This is kind of a slippery slope — almost all billionaires have probably benefited from government connections at one time or another.
But the researchers used a very conservative standard for classifying people as politically connected, only assigning billionaires to this group when it was clear that their wealth was a product of government connections. Just benefiting from a government that was pro-business, like those in Singapore and Hong Kong, wasn’t enough.
Rather, the researchers were looking for a situation like Indonesia under Suharto, where political connections were usually needed to secure import licenses, or Russia in the mid-1990s, when some state employees made fortunes overnight as the state privatized assets.
…The negative effects of wealth inequality are largely being driven by politically connected wealth inequality. That seems to be the primary channel that drives this relationship…
a 3.72 percent increase in the level of wealth inequality would cost a country about half a percent of real GDP per capita growth. That’s a big impact, given that average GDP growth is in the neighbourhood of two percent per year
Marginal tax rates of a nuclear family in USA, UK, Australia and New Zealand since 2000
22 Aug 2015 Leave a comment
in economic history, economics of love and marriage, labour economics, labour supply, politics - Australia, politics - New Zealand, politics - USA Tags: Australia, British economy, marriage and divorce, taxation and labour supply
Source: OECD StatExtract.
What Can We Learn From National Primary Polling?
22 Aug 2015 Leave a comment
in politics - USA, Public Choice Tags: 2016 presidential election, expressive voting, opinion polling, rational ignorance, rational rationality, voter demographics
The 2012 race was even crazier. GOP voters flirted seriously with nearly every other candidate before finally settling on Romney.
via What Can We Learn From National Primary Polling? Virtually Nothing. – Reason.com.
How is the environment going under the ravages of 21st century capitalism
22 Aug 2015 Leave a comment
in applied price theory, applied welfare economics, economic history, economics of regulation, energy economics, environmental economics, environmentalism, politics - USA Tags: doomsday prophecies, doomsday prophets, environmental law, environmental protection, environmental regulation, free market environmentalism, green scaremongering, tear pollution, The Great Escape, The Great Fact, water pollution
U.S. population has grown since 1980, yet pollution rates either haven't moved or are falling. buff.ly/1ILu7RM http://t.co/PXriaKlsZO—
HumanProgress.org (@humanprogress) August 14, 2015
Utopia, you are standing in it! 
Recent Comments