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Self-selection explained
15 Feb 2024 Leave a comment
in labour economics, labour supply, occupational choice, unemployment Tags: adverse selection, asymmetric information, moral hazard, screening, self-selection, signaling
Glenn Loury (and, to some extent, John McWhorter) backpedal about the death of George Floyd
15 Feb 2024 Leave a comment
in discrimination, economics of crime, law and economics, movies, politics - USA Tags: crime and punishment, law and order, racial discrimination
The death of George Floyd, and his presumed murder by Derek Chauvin with the complicity of several Minneapolis policemen, was an iconic moment in today’s race relations, the most important event leading to the “racial reckoning” of the last few years. In late December of last year, I posted a movie, “The Fall of Minneapolis” […]
Glenn Loury (and, to some extent, John McWhorter) backpedal about the death of George Floyd
Pay Transparency: What’s Good to Know?
15 Feb 2024 Leave a comment
in discrimination, econometerics, gender, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: gender wage gap
In some countries, like Norway, your income tax forms are public information, so any one can look up what anyone else earns. In a US context, income is mostly considered to be private information, unless you are a public employee or an executive at a public company. Would it be a good thing to have…
Pay Transparency: What’s Good to Know?
February 13, 1542: Execution of Catherine Howard, Queen of England and Ireland. Part II
15 Feb 2024 Leave a comment
in economic history, economics of crime, law and economics Tags: British history
Letter from Catherine Howard to Thomas Culpeper During the investigation a love letter written in the Queen’s distinctive handwriting was found in Culpeper’s chambers. This is the only letter of hers that has survived (other than her later “confession”). On All Saints’ Day, November 1, 1541, the King arranged to be found praying in the […]
February 13, 1542: Execution of Catherine Howard, Queen of England and Ireland. Part II
Critic of “Woke Kindergarten” suspended
15 Feb 2024 Leave a comment
in economics of education, liberalism, Marxist economics, politics - USA Tags: free speech, political correctness, regressive left
Remember “Woke Kindergarten”, a lesson plan for teachers to use in instructing propagandizing students in Hayward, California (see posts here and here)? The program was designed by an extreme “progressive” named Akiea “Ki” Gross, who was given $250,000 in taxpayer money by the school. And, lo and behold, performance in English and math actually dropped […]
Critic of “Woke Kindergarten” suspended
Congress and Courts enable Energy and Climate Fantasy and Tyranny
15 Feb 2024 Leave a comment
in comparative institutional analysis, economics of bureaucracy, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - USA, property rights, Public Choice Tags: constitutional law
Supreme Court should end “Chevron deference” to restore checks, balances and reality
Congress and Courts enable Energy and Climate Fantasy and Tyranny
Creative destruction in dating
14 Feb 2024 Leave a comment
in economics of education, economics of information, economics of love and marriage, economics of media and culture, law and economics Tags: dating markets, marriage and divorce
The California Energy Scam: Newsom’s Actions Of “Leaking” Emissions To Poorer Developing Countries.
14 Feb 2024 Leave a comment
in development economics, economics of regulation, energy economics, environmental economics, global warming, politics - USA Tags: California, climate alarmism
By “leaking” emissions to other countries, California successfully reduces its in-state emissions, but effectively induces net increases to the world’s emissions!
The California Energy Scam: Newsom’s Actions Of “Leaking” Emissions To Poorer Developing Countries.
February 13, 1542: Execution of Catherine Howard, Queen of England and Ireland. Part I.
14 Feb 2024 Leave a comment
in economic history, economics of crime, law and economics Tags: British history
Catherine Howard (c. 1523 – February 13, 1542), also spelt Katheryn Howard, was Queen of England and Ireland from 1540 until 1541 as the fifth wife of King Henry VIII of England and Ireland. She was the daughter of Lord Edmund Howard and Joyce Culpeper, a cousin to Anne Boleyn (the second wife of King Henry […]
February 13, 1542: Execution of Catherine Howard, Queen of England and Ireland. Part I.
February 13, 1689: The Proclamation of King William III and Queen Mary II as Joint Monarchs of England
14 Feb 2024 Leave a comment
in constitutional political economy, economic history, law and economics Tags: British constitutional law, British history, British politics
King James II-VII’s departure during the Glorious Revolution significantly shifted the balance of power in favour of Prince Willem III of Orange, who took control of the provisional government on December 28th. Elections were held in early January for a Convention Parliament, which assembled on January 29th. The Whigs had a slight majority in the […]
February 13, 1689: The Proclamation of King William III and Queen Mary II as Joint Monarchs of England
Global GDP
14 Feb 2024 Leave a comment
in development economics, economic growth, economic history, growth miracles, macroeconomics Tags: The Great Enrichment
Cool chart which is split up by regions so it’s easy to find nations like little old New Zealand ($US 252 billion) and Israel ($539 billion). I was a little surprised at the latter as I thought they’d be much bigger with all the high tech companies they have, as well as having a population […]
Global GDP
Weaponizing ‘The Science’
14 Feb 2024 Leave a comment
in economics of education, economics of information, economics of media and culture, health economics, liberalism, Marxist economics, politics - USA Tags: Age of Enlightenment, conjecture and refutation, free speech, philosophy of science, political correctness, regressive left
Pielke Jr. argues like this: “The notion of consensus-as-truth has been operationalized in various forms: journalistic “fact checkers,” academic “misinformation” researchers, and content moderation on social media platforms. The practical effect is the creation of self-appointed arbiters of truth — journalists, academics, social media platforms, and even governments — who render judgments on acceptable and unacceptable speech according to conformance with an acceptable view.”
Weaponizing ‘The Science’
Utopia, you are standing in it! 
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