Real Lawyer vs. Movie Lawyer | Lawyer Reacts to A Few Good Men, 12 Angry Men, & Erin Brockovich
17 Sep 2018 Leave a comment
in economics of crime, law and economics, movies
James Randi: Scientists Fooled by a Match Box Trick
17 Sep 2018 Leave a comment
in economics of media and culture
World War Two Begins – WW2 September 8 1939
17 Sep 2018 Leave a comment
in defence economics, war and peace Tags: World War II
.@MaxRashbrooke wants to close Jetstar and give Telecom its monopoly back! Seriously; that is the test of whether he believes what he is saying
16 Sep 2018 Leave a comment
in applied price theory, economics of regulation, politics - New Zealand
Does this mean Max always flys Air New Zealand and has his mobile phone contract with Telecom?
Everyone’s household income has gone up according to these impeccable left-wing sources despite the dead hand of neoliberalism; there was the return of real wages growth after 20 years stagnation after the passage of the Employments Contracts Act. After staying at $24 per hour for 20 years from 1975 in the good old days of union power and collective bargaining, average wages increased from $24 an hour to about $28 per hour by 2014 in one of the most deregulated labour markets in the world.
The increase in percentage terms of Maori and Pasifika real household income is much larger than for Pakeha since the economic reforms of the 1980s and 1990s. As Bryan Perry (2015, p. 67) explains when commenting on table D6 sourced by Closer Together Whakatata Mai:
From a longer-term perspective, all groups showed a strong rise from the low point in the mid 1990s through to 2010. In real terms, overall median household income rose 47% from 1994 to 2010: for Maori, the rise was even stronger at 68%, and for Pacific, 77%. These findings for longer- term trends are robust, even though some year on year changes may be less certain. For 2004 to 2010, the respective growth figures were 21%, 31% and 14%.
The classic in Australia is Kim Beazley in the 1998 federal election:
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He was asked by a journalist that if the GST is a mistake, as he claimed, would he repeal the GST if he won office at some later time.
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Beazley waffled about you can’t unscramble an egg and so on. He could not admit the truth.
If deregulation was a mistake, campaign for a reintroducing of the two-airline policy, the bank regulation that suppressed competition, high tariffs on cars, electrical goods and clothes, and media regulation that outlawed cable TV. Campaign for a repeal of the GST and for 66% tax rates again on the middle class! The Left must campaign for a buy back of the Commonwealth Bank, Qantas and Telecom. They will be a good buy. Public ownership is said by them to be as least as efficient as private ownership, and the cost of capital cost for state owned enterprises is allegedly less.
Veteran lefties (disappointed?) to discover NZ Rich listers are working rich
16 Sep 2018 Leave a comment
in entrepreneurship, politics - New Zealand, poverty and inequality
The rapid adaptation of women to changing prospects
16 Sep 2018 Leave a comment
On the upside, Goldin (2006) showed that women adapted rapidly over the 20th century to changing returns to working and education as compared to options outside the market. Their labour force participation and occupational choices changed rapidly into long duration professional educations and more specialised training in the 1960s and 1970s as many more women worked and pursued careers. The large increase in tertiary education by New Zealand after 1990 and their move into many traditionally male occupations is another example.
The key is what drives the rapid changes in the labour force participation and occupational choices of women. Some of the factors are global technology trends such rising wages and the emergence of household technologies and safe contraception and antidiscrimination laws. All of these increased the returns to working and investing in specialised education and training.
Up until the mid-20th century, women invested in becoming a teacher…
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Colour blindness and other sensory drivers of occupational segregation @women_nz
16 Sep 2018 Leave a comment
in discrimination, gender, human capital, labour economics, occupational choice Tags: gender gap, occupational segregation
Why don’t boat people seeking asylum enter via the Torres Strait?
16 Sep 2018 Leave a comment
in Economics of international refugee law, International law, law and economics, politics - Australia Tags: economics of borders, maps
If they cared about animal suffering, vegetarians would be ravenous carnivores and trophy hunters
16 Sep 2018 Leave a comment
in economics of media and culture
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