Sex Ratios and the Marriage Market: WW1

nortonnole's avatarEconomist Writing Every Day

Last week I wrote about the “marriage market“. In many ways, the marriage market is like a labor market: there are search costs, match quality, competition for mates, and so on. When one side of the market becomes more abundant, that side become less picky — their minimum willingness to accept goes down.

Today we examine war as a shock that makes women more abundant than men. The marriage market predicts this shock will mean a smaller fraction of women will marry but those that do receive a smaller share of the benefits from marriage. Also, a larger fraction of men will marry and receive a larger share of the benefits from marriage.

Ran Abramitzky, Adeline Delavande, and Luis Vasconcelos investigate marriage in pre-and-post World War 1 (WW1) France where an estimated 16.5 percent of the French male population died or were missing in WW1. You can see…

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The Tudors: Henry VII (1485-1509)

Great Books Guy's avatarGreat Books Guy

From out of the darkness of strife and civil war, late 15th century England emerged stable and filled with hope in the new ruling family: The Tudors. Thirty years of war, known as The Wars of the Roses, had torn the country apart in an unraveling a political struggle. At its height, the Plantagenets were the conquering victors at the battles of Crécy, Poitiers, and Agincourt. However, in its waning days, the Plantagenets had descended into madness and civil war. Two rival Plantagenet branches stemming from Edward III (the Houses of York and Lancaster) slaughtered each other mercilessly for decades until, in the end, the House of York under Richard III finally destroyed itself, and with it went the rule of the Plantagenets. It was a fitting end for the warrior kings of England.

The arrival of the Tudors promised a new path forward. It was the dawn of the…

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Renewable Subsidies Reach Record High!

Big Battery Bunkum: Why Grid-Scale Storage of Renewable Energy Will Never Work

stopthesethings's avatarSTOP THESE THINGS

Banishing our good friends, logic and reason is essential to the notion of an ‘inevitable transition’ to an all wind and sun powered future. Ignorance of simple maths, the laws of physics, economics and meteorology helps, too.

Which explains why the naïve and gullible are merrily swallowing the story that we’re just a few mega-batteries away from our wind and solar powered Nirvana.

The ‘storage is a costless cinch’ is yet another myth peddled by those profiting handsomely from the greatest economic and environmental fraud, in history. And the need to spin the ‘batteries will save us’ story arises from the total and totally unpredictable collapses in wind power output and/or the inevitable daily solar power output collapse (aka ‘sunset’).

However, when we reengage our critical faculties, it’s pretty easy to see just how ludicrous the proposition being advanced is. To that end, here’s Willem Post attempting to bring us…

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Biden’s Bird Slaughter: Green New Deal’s Wind Turbines Will Kill 1,000,000 Birds Annually

stopthesethings's avatarSTOP THESE THINGS

Biden, Harris and her Squad are itching to carpet the US in thousands of these things, with America’s birds and bats to join the list of casualties. Sure, rocketing power prices and unreliable power supplies are inevitable. So too, the destruction of once tranquil, peaceful and prosperous rural communities.

But where their hateful hypocrisy is most obvious, is in the environmental carnage wreaked by industrial wind turbines and large-scale solar plants.

American wind turbines and solar plants already exact a heavy toll on birds and bats; rare and endangered Vultures and Eagles are being slaughtered in their thousands each year.

However, with the imminent rollout of the Democrat’s Green New Deal, the scale of the avian onslaught will increase in orders of magnitude.

The American Bird Conservancy reckons that if America meets its 20% wind power target, by 2030, wind turbines will be killing over a million birds every year.

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The minimum wage paper that needs to be written

Vincent Geloso's avatarVincent Geloso

I have been following the debates on the minimum wage in view of the forthcoming increase of the federal minimum wage in the United States. And there is something that is bugging me to no end: the explanation provided by labor economist for why there’d be a limited employment effect.

Notice that I say employment effect and that I thus limit myself to the number of bodies hired. I am also not going to consider the distribution of elasticities found since the seminal work of Card and Krueger that tends to point to negative effects on employment and even clearer effects on hours of work. I am also not going to account for other adjustment channels like those that Brian Albrecht discusses here. I am especially going to discount issues of minimum wage enforcement.

I am just going to focus on the channel for why I’d be…

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