PC culture on the wane?

whyevolutionistrue's avatarWhy Evolution Is True

Well, I don’t know if it’s really on the wane, but it seems to be a lot less pervasive than most people think. According to a new article in The Atlantic by Yascha Mounk (screenshot below), based on a new study by an organization called More In Common (click on green screenshot below, and see pdf here), fully 80% of Americans think that “political correctness is a problem in our country.” First, though a bit about the author and the study, both of whom seem to be on the liberal side.

Yascha Mounk is described on his own website as “one of the world’s leading experts on the crisis of liberal democracy and the rise of populism. The author of three books, he is a Lecturer on Government at Harvard University, a Senior Fellow at New America, a columnist at Slate, and the host of The Good Fight podcast.”

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Distributional Effects of Monetary Policy: An Opportunity for Austrian Economics

Guest's avatarThinkMarkets

by Sebastian Müller

For a long time, Austrian macro had a unique selling point in what might be called the ‘money matters’ view: referring to the notion that changes in the money supply by their very nature can never be said to be neutral. Yeager (1997) and Horwitz (2000) describe the Austrian stance as a “fluttering veil”. On the one hand, it incorporates the belief that prosperity cannot be generated through an expansion of the money supply in the long-run (long-run neutrality of money). On the other hand, changes in the money supply have real effects (short-run non-neutrality).

This proposition can be traced back to the works of classical economists such as Hume (1970), Mill (1909), Cairnes (1873), and Cantillon (1755).[i] In his essay on economic theory, Cantillon (1755) points out that an expansion of the money supply necessarily entails distributional effects as first receivers of the newly…

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Predicted spread of humans around the world from Africa

The History Of Housecats

Good point

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Rather on point

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Money For Nothing: Inside the Federal Reserve – Trailer

Witch Trial: Ducking Stools

Missing Growth from Creative Destruction Philippe Aghion

Why were Canadians googling housing bubble most when the #GFC later passed them and their financial system by?

Lee Ohanian: The Economic Crisis: A Comparison Across Time and Across Countries

Submission to Select Committee on Equal Pay Amendment Bill

This submission is made up of 6 attachments because that is the maximum I could load.

Attachments 1 and 2 are the main part of submission and argue that pay equity is unfair to fair employers. An employer can hire and promote on merit, pay the going wage and still be successfully sued. Their name blackened forever. As a question of social justice, it is wrong to sue someone as a discriminating employer, when there is nothing they could do to right the supposedly wrong they were successfully sued. Barnardo’s can no longer compete with social workers because of the pay equity settlement in the public sector. It relies on donations and tendering for public contracts. It has no capacity to raise wages but could be successfully sued and driven out of business.

Attachments 3 to 5 explains that the gender pay gap is the result of the work-life balance choices of women interacting with some professions penalising an inability to work specific hours or long hours much more than. Pay equity will address none of these issues.

Attachment 6 explains how more than 40 years ago Solomon Polachek found that the gender pay gap was driven by factors such as the number and spacing of children. Employers cannot discriminate against women because they do not know this information and it is now unlawful to ask. It is a strange misogyny that employers hire single women on merit but have a bias against mothers who have several children whose birthdates on widely spaced apart.

To conclude this overview, as attachment 3 shows in a graphic, the gender pay gap for women at the bottom and middle of the labour market is barely 3-5%. It is rather odd to be offering 30% pay rises for a group of women whose pay gap with men at the bottom and middle of the labour market is not more than 5%. Clearly the comparable worth methodology misses something.

Maori incomes up 88% since 1994; Pasifika incomes up 78%; Pakeha incomes up only 63%

 

 

 

 

 

 

 

 

    

Juvenoia: The Psychology Behind Millennial Bashing

Smoking Joe Stiglitz still does well as a consultant despite his infatuation with socialism

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