Celebrating humanity's flourishing through the spread of capitalism and the rule of law
17 Sep 2015 Leave a comment
in Marxist economics, Public Choice Tags: British politics, echo chambers, information cocoons, Leftover Left, Twitter left
https://twitter.com/JeremyCliffe/status/630393902843985920/photo/1
John McDonnell, the new shadow chancellor, set out his (and Corbyn's) economic stall here: john-mcdonnell.net/jeremy_corbyn_… http://t.co/nrmqJcOJWU—
Jeremy Cliffe (@JeremyCliffe) September 13, 2015
17 Sep 2015 Leave a comment
in economic history, economics of media and culture, Public Choice Tags: British politics, expressive voting, London, London newspaper market, media bias, rational ignorance, rational rationality
15 Sep 2015 Leave a comment
in politics - New Zealand, Public Choice Tags: British greens, British politics, economics of personality traits, expressive voting, New Zealand Greens, rational ignorance, rational rationality, votor demographics
https://twitter.com/LSEpoliticsblog/status/636528821211123712/photo/1
The large differences in personality types between Green voters and Labour voters is one of the first explanations I have seen as to why someone joins and votes for one over the other given both are left-wing parties with fewer and fewer differences in policy.
How does political party affiliation affect return rates for lost wallets? buff.ly/1AaWng8 http://t.co/7lm2pgUD4h—
LSE Politics&Policy (@LSEpoliticsblog) May 18, 2015
"The socio-economic base of Labour support is more spread out than that of the Tories" buff.ly/1IJB8na http://t.co/uDH5nYVIPu—
LSE Politics&Policy (@LSEpoliticsblog) May 05, 2015
13 Sep 2015 Leave a comment
in economic history, economics of regulation, politics - USA, urban economics Tags: British economy, British politics, housing affordability, housing prices, land supply, land use planning, NIMBYs, zoning
Source: International House Price Database – Dallas Fed
Note: The house price index series is an index constructed with nominal house price data. The real house price index is an index calculated by deflating the nominal house price series with a country’s personal consumption expenditure deflator.
13 Sep 2015 Leave a comment
in economic history, Public Choice Tags: British Labour Party, British politics, Leftover Left, Twitter left
Great chart. Labour not keen on choosing on leaders who can win elections, 1906-2015. Contrast the Tories http://t.co/VBlT7k5ONB—
paulkirby (@paul1kirby) September 12, 2015
11 Sep 2015 Leave a comment
in economics of media and culture Tags: British politics
10 Sep 2015 Leave a comment
in comparative institutional analysis, constitutional political economy, Marxist economics, Public Choice Tags: British politics, JFK, Leftover Left
27 Aug 2015 1 Comment
in economics of media and culture, Public Choice Tags: British politics, voter demographics
24 Aug 2015 1 Comment
in Marxist economics, Public Choice, war and peace Tags: British politics, Leftover Left
22 Aug 2015 1 Comment
in applied price theory, constitutional political economy, economics of information, politics - New Zealand, Public Choice Tags: British Labour Party, British politics, economics of advertising, Eric Crampton, expressive voting, false consciousness, Leftover Left, median voter theorem, New Zealand Greens, New Zealand Labour Party, rational ignorance, rational rationality
Rob Salmond has written a great blog this week on the ideological spectrum of New Zealand voters based on the New Zealand Election Study.
In the course of his blog he drove a tremendously big stake through the heart of the old left fantasy that if Labour or Greens goes left, a large block of voters not voting for them now or not voting at all (the missing million voters) will shake lose its false consciousness and follow you:
But “pulling the centre back towards the left” is massively, massively hard.
You win those people over by being relevant to them as they are, not by telling them they’re worldview needs a rethink. It is just basic psychology. Tell people they were right all along; they like you. Tell people they were wrong all along; they don’t.
And if you win a majority of centrists, you win. The New Zealand Election Study series records six MMP elections in New Zealand – the three where Labour did best among centrists were the three Labour won.
That’s another message from the academic study I quoted above – in Germany, Sweden, and the UK, the elections where the left did best among centrists were the elections where they took power. As their popularity among centrists declined, so did their seat share.
What is more disturbing for the old left fantasy of the missing million is voting for the Labour Party or Greens is correlated with ignorance rather than knowledge.
Furthermore, the more people know about economics, the less likely they are to vote for the left as Eric Crampton explains:
When they get to the polls, the ignorant are significantly more likely to support the Labour Party (4% increase in predicted probability for a standard deviation increase in ignorance) and significantly less likely to support the Green party (1% decrease in predicted probability) and United Future (0.5% decrease in predicted probability).
Understanding economics strongly predicted supporting National in 2005, which comes as little surprise: the National Party leader was former Governor of the Reserve Bank of New Zealand. A standard deviation increase in our “economic thinking” index correlates with a 5.7% increased probability of voting National, a 1.5% decreased probability of voting NZ First, and a slight decrease in the probability of voting United Future and Maori.
To make matters worse, Crampton found that joining political organisations does little to cure ignorance of politics or otherwise lead to a political awakening. Sometimes active political affiliation reduces ignorance, other times such organisational membership intensifies ignorance.
via Salmond on the centre | Kiwiblog and StephenFranks.co.nz » Blog Archive » Why the left wants everyone to vote.
21 Aug 2015 1 Comment
in constitutional political economy, politics - Australia, politics - New Zealand, politics - USA, Public Choice, rentseeking Tags: British general election, British politics, Leftover Left
If you think equality and fairness in Britain is important you should do this: labour.tw/1MH6f4M http://t.co/7gCDkX7fj5—
The Labour Party (@UKLabour) August 06, 2015
Jeremy Corbyn had 30 years to split from the Labour Party, which he voted against 25% of the time, establish his own party and receive the same reception presumably he would have got without needing to have to run for leader of the Labour Party.
Conservatism and nationalism destroy the Labour Party nickcohen.net/2015/06/02/con… http://t.co/ue0XzXTEFo—
Nick Cohen (@NickCohen4) June 02, 2015
The reasoning Corbyn never split from the Labour Party, and the reason why the left never splits from the Labour Party, is the left knows that it would get far fewer votes on its own rather than piggybacking on the right wing of that party.
The right split from the British Labour Party in the early 1980s to form the Social Democratic party. The right-wing split from the Australian Labor Party at least four times over its history.
The left is never split from the New Zealand Labour Party because it knows that it could never get anywhere even under proportional representation without the image of being part of the traditional Labour Party, centre-left, social democratic, not socialist. Jeremy Corbyn and the rest of the left of British Labour are practising mild mannered entryism. By stealing the brand of the Labour Party, the left obtains far more power than it ever could standing on its own two feet as true believers.
Our vision is of an economy that works for all, provides opportunity for all and invests in all. #jeremy4leader http://t.co/59Gk9AN7Xf—
JeremyCorbyn4Leader (@Corbyn4Leader) July 22, 2015
The working hypothesis of the far left everywhere is if the Labour Party were to adopt hard left policies is many more votes.
Fabulous scenes wherever we go, but this picture of the Opera House in Newcastle is quite something. #voteCorbyn http://t.co/GzB96CjB7d—
JeremyCorbyn4Leader (@Corbyn4Leader) August 18, 2015
Labour would win many more votes because the offer of a genuine socialist alternative would shake voters loose of their false consciousness.
The left of the Labour Party never went out on its own to test that hypothesis because they knew in their hearts be lucky to not to lose their deposits.
This is despite the strong rise in third parties in British politics despite first past the post.
The remnants of the communist parties do well at elections in countries such as France, Germany (Linke or Left Party) and Japan and are in government in Greece.
The right wing of the Labour Party was willing to take its chances under first past the post voting in the House of Commons because it knew that a large part the electorate would vote for it in preference to the remnant of a left-wing run Labour Party.
The combination of these splitters from the British Labour Party and the Liberal party won 25% of the vote, two percentage points behind the British Labour Party.
19 Aug 2015 Leave a comment
in economics of media and culture, Public Choice Tags: British Labour Party, British politics, expressive voting, Leftover Left, rational irrationality
https://twitter.com/toadmeister/status/631585303631921152
https://twitter.com/TheBigBlueBear6/status/633743084430344192
12 Aug 2015 Leave a comment
in Public Choice Tags: British Labour Party, British politics, echo chamber, expressive boating, information cocoons, left-wing populists, Leftover Left, rational irrationality
https://twitter.com/WikiGuido/status/630851446234316800/photo/1
Anti-establishment candidate with fringe views draws huge crowds in sure-fire guarantee of electoral success http://t.co/P7waxqUXrR—
Alex Wickham (@WikiGuido) August 03, 2015
08 Aug 2015 Leave a comment
in economic growth, economic history, income redistribution, macroeconomics, Public Choice, rentseeking Tags: British economy, British Labour Party, British politics, Tony Blair Blair
Quarters following general elections tend to see decent growth – especially 1979 http://t.co/bJarqD8Etj—
RBS Economics (@RBS_Economics) July 28, 2015
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
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
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
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
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
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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