From http://www.igmchicago.org/surveys/universal-basic-income
Surprising unanimity in opposition to a #UBI
20 Jan 2019 Leave a comment
in fiscal policy, politics - USA, poverty and inequality
Dame Judi Dench shoplifts and causes havoc – Tracey Ullman’s Show: Episode 1 Preview – BBC One
20 Jan 2019 Leave a comment
in television
Swedes not Sweden to Finland’s Rescue – WW2 – 021 – January 19 1940
20 Jan 2019 Leave a comment
in defence economics, war and peace Tags: World War II
Behind on my blogging from a @Facebook group suspended for hate speech. Bicycles pass me like this every day.
19 Jan 2019 Leave a comment
in economics of regulation, transport economics Tags: road safety
A portfolio selected by four 8-year olds can outperform hedge funds managers
19 Jan 2019 Leave a comment
in entrepreneurship, financial economics Tags: efficient markets hypothesis
Nearly all economists reject monopsony rationale for doubling the minimum wage! @NeumarkDN: countering employer market power over 1/3rd of the workforce with a higher minimum wage is supposed to increase employment and output. Monopsony depresses wages and employment.
19 Jan 2019 Leave a comment
in applied price theory, labour economics, minimum wage, politics - USA
There is always one top economist who forgets what happened in the last 50 years in macroeconomics
19 Jan 2019 Leave a comment
in economic growth, macroeconomics, monetary economics, Public Choice
Weekend long read
19 Jan 2019 Leave a comment
1) Writing at the New York Times, Matti Friedman explains why “There Is No ‘Israeli-Palestinian Conflict’”.
“There isn’t an Israeli-Palestinian conflict in the way that many outsiders seem to think, and this perception gap is worth spelling out. It has nothing to do with being right-wing or left-wing in the American sense. To borrow a term from the world of photography, the problem is one of zoom. Simply put, outsiders are zoomed in, and people here in Israel are zoomed out. Understanding this will make events here easier to grasp.
In the Israeli view, no peacemaker can bring the two sides together because there aren’t just two sides. There are many, many sides. […]
If you see only an “Israeli-Palestinian” conflict, then nothing that Israelis do makes sense. (That’s why Israel’s enemies prefer this framing.) In this tightly cropped frame, Israelis are stronger, more prosperous and more numerous…
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California Renewables to Lose PG&E $$$
19 Jan 2019 Leave a comment
The investigation continues into the origin of the Camp fire, which some say started with a faulty PG&E wire in Pulga, California. (Carolyn Cole / Los Angeles Times / TNS)
Sammy Roth of LA Times digs deeper than others into the fallout from PG&E’s wildfire-induced bankrupcy. The article published in The Seattle Times is PG&E bankruptcy could undermine utilities’ efforts against climate change. Excerpts below with my bolds.
Solar and wind developers depend on creditworthy utilities to buy electricity from their projects under long-term contracts, but that calculus changes in a world where a 30-year purchase agreement doesn’t guarantee 30 years of payments.
The Golden State has dramatically reduced planet-warming emissions from the electricity sector, largely by requiring utilities to increase their use of solar and wind power and fund energy-efficiency upgrades for homes and businesses. Lawmakers recently set a target of 100 percent climate-friendly electricity by 2045.
But those…
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