Debating Income Inequality: What’s the Problem? What’s the Solution?
31 Dec 2021 Leave a comment
in economics of education, entrepreneurship, human capital, industrial organisation, labour economics, labour supply, occupational choice, poverty and inequality, survivor principle Tags: top 1%
Why economists should sit on SAGE
30 Dec 2021 Leave a comment
Throughout the pandemic, our politicians have been urged to “follow the science” or, more accurately, the advice provided by medical scientists. Other disciplines play only a bit part. There are Scientific Advisory Group for Emergencies (Sage) sub-groups assessing the impacts of Covid on the provision of social care, or minority ethnic groups, but what about the economy?
Indeed, it appears that economists are only asked to put a cost on policy decisions that have already been made, or come up with schemes to mitigate the impacts, rather than influence decisions in the first place. In my admittedly biased view, this is a mistake.
Any decent economist has a toolbox of concepts and skills that can be applied to the policy responses to a pandemic. This begins with communicating the case for state intervention.
For example, protection from a deadly virus is a classic example of what economists call a “public…
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Paul Kelly and the Dots – Billy Baxter (1981)
30 Dec 2021 Leave a comment
in Music, television, TV shows
The ginger kitten’s first meeting with the cat🐈 Will she feed him or not?
30 Dec 2021 Leave a comment
The Leeds Building Society – The Leeds Home Arranger – George Cole – 90’s Tv Advert
30 Dec 2021 Leave a comment
in television
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