HT: https://twitter.com/aClassicLiberal/status/556605913071910912?s=09
How many children live with their parents?
18 Jan 2015 Leave a comment
in labour economics, politics - Australia, politics - New Zealand, politics - USA Tags: single parenthood
Are Europeans Spending Too Little On Health Care ComparedTo The US? – Tomas Philipson
17 Jan 2015 Leave a comment
Most consumers want GMO labels; but 80% also want to label food with DNA
17 Jan 2015 Leave a comment
in applied welfare economics, economics of information, economics of media and culture, liberalism, politics - New Zealand, politics - USA Tags: anti-GMO movement, Anti-Science left, GMOs, quackery
And the Oscar for “Best Tax Break” Goes to…
17 Jan 2015 Leave a comment
in economics of media and culture, movies, politics - New Zealand, politics - USA, Public Choice, rentseeking Tags: corporate welfare, film subsidies
HT: http://economics21.org/commentary/oscars-tax-break-american-sniper-2015-01-16 and http://www.washingtonexaminer.com/how-this-years-oscar-nominees-got-government-handouts/article/2558717
More Evidence against Big-Spending Keynesian Economics
17 Jan 2015 3 Comments
in macroeconomics, politics - USA Tags: Keynesian macroeconomics
Keynesian economics is a perpetual-motion machine for statists. The way to boost growth, they argue, is to have governments borrow lots of money from the economy’s productive sector and then spend it on anything and everything.
Even if the money is squandered on global defense against a make-believe alien attack, according to Keynesians like Paul Krugman!
Krugman also has argued that a real war is good would be good for growth since the goal is simply more spending.
Heck, Krugman even asserted the 9-11 attacks were good for the economy because governments then spent more money.
And Nancy Pelosi actually argued that paying people not to work was a great way of creating jobs. I’m not joking.
Amazing. It’s almost as if these people are secret libertarians and they’re saying crazy things to discredit Keynesianism.
But they’re actually serious. This makes it difficult to tell the difference between satire…
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The growing libertarian vote in the USA
16 Jan 2015 Leave a comment
in liberalism, politics - USA Tags: Libertarian party, libertarians, voter demographics
HT – David_Boaz’s Tweet: https://twitter.com/David_Boaz/status/529287344151879680?s=09
The political bias of selected professions
16 Jan 2015 Leave a comment
in economics of media and culture, Marxist economics, occupational choice, politics - USA Tags: media bias
These graphs show the contributions by individual donors in each industry to political candidates
via http://blog.crowdpac.com/post/101785128940/the-political-bias-of-each-profession
There is nearly a 70% chance that an African American man without a high school diploma will be imprisoned by his mid-30s.
16 Jan 2015 1 Comment
in economics of crime, law and economics, politics - USA Tags: crime and punishment, deterrence
Map Of The Day
16 Jan 2015 Leave a comment
in economic history, politics - USA Tags: maps
[youtube https://www.youtube.com/watch?v=pJxrTzfG2bo&start=13]
History professor Claudio Saunt created the above time-lapse, as well as a corresponding interactive map, to emphasize “the fact that the United States is built on someone else’s land”:
By the time the Civil War came to an end in 1865, it had consumed the lives of 800,000 Americans, or 2.5 per cent of the population, according to recent estimates. If slavery was a moral failing, said Lincoln in his second inaugural address, then the war was ‘the woe due to those by whom the offense came’. The rupture between North and South forced white Americans to confront the nation’s deep investment in slavery and to emancipate and incorporate four million individuals. They did not do so willingly, and the reconstruction of the nation is in many ways still unfolding. By contrast, there has been no similar reckoning with the conquest of the continent, no serious reflection on its centrality…
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