Is Piketty a double secret neoliberal? A charter schools fan even?
25 Feb 2015 Leave a comment
in applied welfare economics, development economics, economic history, growth miracles, human capital, labour economics, politics - New Zealand, politics - USA, poverty and inequality Tags: Paul Krugman, Thomas Piketty
The shifting sources of greenhouse gas emissions
24 Feb 2015 Leave a comment
in development economics, environmental economics, global warming, growth miracles, politics - Australia, politics - New Zealand, politics - USA Tags: China, climate alarmism, free riding, game theory, global public goods, global warming
Julie Anne Gentner’s myths about health insurance in the USA
24 Feb 2015 Leave a comment
Some people should check their statistics on the Internet before migrating in disgust.
"Paul Samuelson" on the New Zealand superannuation fund beating the market
24 Feb 2015 Leave a comment
A B-25 bomber crashes into the Empire State Building, 1945
24 Feb 2015 Leave a comment
in economic history, politics - USA, transport economics Tags: Empire State Building
The economic performance of the USA, Japan and the European Union prior to the global financial crisis
23 Feb 2015 Leave a comment
in business cycles, economic growth, Edward Prescott, Euro crisis, global financial crisis (GFC), great recession, macroeconomics, politics - USA Tags: Euroland, GFC, global financial crisis
Source: Edward Prescott
How are women doing in the US when it comes to political & business leadership positions
23 Feb 2015 Leave a comment
in discrimination, economic history, economics of marriage, gender, labour economics, law and economics, occupational choice, politics - USA Tags: engines of liberation, gender wage gap
On arguments from authority
22 Feb 2015 Leave a comment
in environmental economics, environmentalism, global warming, liberalism, politics - Australia, politics - New Zealand, politics - USA Tags: climate alarmism, conjecture and refutation, philosophy of science
US post-war economic booms compared
22 Feb 2015 Leave a comment
in business cycles, economic growth, economic history, macroeconomics, politics - USA Tags: Edward Prescott
Source: Edward Prescott
The Great Enrichment since 1979 in the USA
22 Feb 2015 Leave a comment
in income redistribution, politics - USA, poverty and inequality, welfare reform Tags: capitalism and freedom, poverty and inequality, The Great Enrichment, top 1%
Over the past one-, two-, and three-decade periods, both middle class and poor households have experienced noticeable gains in living standards. Their gains are slower than those experienced by middle-income families in the earlier post-war era, but the gains are well above zero.
In 1980, in-kind benefits and employer and government spending on health insurance accounted for just 6% of the after-tax incomes of households in the middle one-fifth of the distribution. By 2010 these in-kind income sources represented 17% of middle class households’ after-tax income
…The broadest and most accurate measures of household income are published by the CBO. CBO’s newest estimates confirm the long-term trend toward greater inequality, driven mainly by turbo-charged gains in market income at the very top of the distribution. The market incomes of the top 1% are extraordinarily cyclical, however. They soar in economic expansions and plunge in recessions. Income changes since 2007 fit this pattern.
What many observers miss, however, is the success of the nation’s tax and transfer systems in protecting low- and middle-income Americans against the full effects of a depressed economy.
via Gary Burtless
Cease-fires and peace talks make it worse
21 Feb 2015 Leave a comment
in laws of war, liberalism, politics - USA, Rawls and Nozick, war and peace Tags: ceasefires, crusader foreign policies, Give war a chance, noninterventionist foreign policy, peace talks
The political divisions of North America since 1750
20 Feb 2015 Leave a comment
in economic history, politics - USA Tags: maps
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