Celebrating humanity's flourishing through the spread of capitalism and the rule of law
08 May 2025 Leave a comment
in economics of love and marriage, human capital, labour economics, law and economics, population economics Tags: ageing society, South Korea
Fertility rates are falling around the world, but Republic of Korea is the outlier, with a fertility rate of 0.72 in 2024. The International Monetary Fund, in its report on Korea’s economic situation (generally quite good), thought that Korea’s low fertility justified adding an “Annex” to its most recent report on Korea’s economy: “Addressing Korea’s…
Korea’s Low Fertility Rate
17 Feb 2025 Leave a comment
in budget deficits, fiscal policy, income redistribution, labour economics, labour supply, macroeconomics, politics - New Zealand, Public Choice, public economics, welfare reform Tags: ageing society
A guest post by Sir Roger Douglas: Michael Littlewood’s ‘Guest Post’ for David Farrar on pensions, and his belief that our social welfare system is fit for purpose and doesn’t need change, reminded me of why New Zealand is currently well on the way to bankruptcy, and why our brightest young people are leaving the […]
Guest Post: NEW ZEALAND’s RETIREMENT PENSION
02 Feb 2025 Leave a comment
in applied price theory, development economics, economic history, economics of love and marriage, economics of marriage, human capital, labour economics, labour supply Tags: ageing society, economics of fertility, marriage and divorce
By Claudia Goldin. From NPR’s Planet Money.”Countries around the world have seen a jaw-dropping decline in fertility rates. In this paper, Claudia Goldin, the 2023 winner of the Nobel Prize in economic sciences, offers a new theory to help explain why (listen to The Indicator’s conversation with her back in 2021). Goldin starts by providing…
Babies and the Macroeconomy
31 Jul 2024 Leave a comment
in human capital, labour economics, labour supply, politics - New Zealand, population economics Tags: ageing society, economics of fertility
Earlier this week, I was interviewed by Paul Brennan on Reality Check Radio, on New Zealand’s declining birth rate. You can listen to the interview here. We didn’t have time to go through all of the questions I was given beforehand, so I thought I would add some points here, along with some links to…
The economics of the falling total fertility rate in New Zealand
22 Jun 2024 Leave a comment
in labour economics, labour supply, population economics Tags: ageing society, Japan
29 Feb 2024 Leave a comment
in economic history, environmental economics, labour economics, labour supply, population economics Tags: ageing society, economics of fertility, economics of immigration, population bust
The Congressional Budget Office has published The Demographic Outlook: 2024 to 2054 (January 2024), which offers some recent history and projections of how the US population is evolving. Here are three snapshots: The Role of Immigration in Total US Population Growth The black line shows projected US population growth since 2004, with firm data up…
Three Snapshots of Where US Population is Headed
22 Feb 2024 Leave a comment
in economic growth, income redistribution, labour economics, labour supply, macroeconomics, politics - New Zealand, Public Choice, rentseeking Tags: ageing society
The Retirement Commissioner has released a paper on aspects of New Zealand Superannuation (NZS). Its focus includes affordability, fairness, age of eligibility, and the treatment of those over 65 who continue in the workforce whilst also receiving NZS. What the Commissioner does not discuss is the relationship between superannuation systems, domestic savings rates and capital […]
Superannuation, KiwiSaver, and New Zealand’s economic development
06 Jan 2024 Leave a comment
in budget deficits, fiscal policy, labour economics, labour supply, macroeconomics Tags: ageing society
📸 Look at this post on Facebook
https://www.facebook.com/share/B8SHqxb5jFk88mQ2/?mibextid=RXn8sy
04 Dec 2023 Leave a comment
in development economics, growth miracles, labour economics, public economics, urban economics Tags: ageing society, economics of fertility, population bomb, South Korea
Much of Seoul is a sea of high-rises. And not just Seoul: Busan and other cities in South Korea have lots of high rises. More than half of all South Korean households live in high rises, and well over 60 percent live in some kind of multifamily housing. Seoul: High … Continue reading →
How to Kill a Country
06 Oct 2020 Leave a comment
in applied price theory, economics of crime, economics of love and marriage, labour economics, labour supply, law and economics, population economics Tags: ageing society, cranks, population bomb
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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