Does the Vanguard Social Index ever beat the market? @EricCrampton @JulieAnneGenter

29 Oct 2016 Leave a comment

by Jim Rose in financial economics Tags: , , , ,

The performance of social investing is so bad that anyone investing other people’s money and having fiduciary duties to the owners of that money should take legal advice. Over the 16 years charted below, socially responsible investing wiped $4,000 off the initial investment of $10,000. Over a lifetime of saving, that is a big difference to the security of your retirement.

image

Source: VFTSX Vanguard FTSE Social Index Inv Fund VFTSX Quote Price News.

image

Source: VFTSX Vanguard FTSE Social Index Inv Fund VFTSX Quote Price News.

Where does the Vice Fund invest? @EricCrampton

28 Oct 2016 Leave a comment

by Jim Rose in entrepreneurship, financial economics Tags: ,

image

The Vice Fund, now called the Barrier Fund, is a mutual fund investing in companies that have significant involvement in, or derive a substantial portion of their revenues from the tobacco, gambling, defence/weapons, and alcohol industries. It continues to beat the market.

image

The rewards of buying and holding

20 Oct 2016 Leave a comment

by Jim Rose in economic history, financial economics Tags: , , ,

image

Source: How Are We Doing? – AEI.

26th anniversary of Julian Simon @PaulREhrlich bet @GreenpeaceNZ @GreenpeaceUSA

11 Oct 2016 Leave a comment

by Jim Rose in applied price theory, economic history, energy economics, entrepreneurship, industrial organisation, resource economics, survivor principle Tags: , , , , ,

Lazy Australian top 0.1% only increased their income under @AustralianLabour

09 Oct 2016 Leave a comment

by Jim Rose in economic history, industrial organisation, politics - Australia, poverty and inequality, survivor principle Tags: , , , , ,

Australia’s top income earners are a lazy lot. The top 0.1% only ever had a rising income share under a Labor government in the 1980s. Even the top 1% had a pretty lean time until the 1990s.

image

Source: The World Wealth and Income Database.

Pinksourcing With Kristen Bell

21 Sep 2016 Leave a comment

by Jim Rose in applied price theory, discrimination, entrepreneurship, gender, labour economics Tags: ,

#Uber and creative destruction in The Knowledge

21 Sep 2016 Leave a comment

by Jim Rose in economics of regulation, entrepreneurship, industrial organisation, survivor principle Tags: , , ,

I used Uber for the first time over the weekend. My car was towed away and a friend had the app on his phone. We used it to go to the tow away yard to pay the $275 release fee.

One of the things I noticed was the the driver could immediately use his GPS because it was pre-programmed by the booking.

When you book a regular cab, they do not know where you are going until they arrive. This is to stop drivers avoiding picking up short trips. It also means that they must know where they are going rather than waste time programming the GPS. Prior to the GPS, they simply had to know where everything was.

The Knowledge, knowledge of London streets necessary to qualify for a black cab License is so difficult that neurologists study the brains of black cabdrivers to see how they are different from others in memory capacity.

Uber destroyed the Knowledge in a wave of creative destruction by linking the app booking request to GPSs. No diver needs to know where anything because the destination and pickup points are both pre-programmed into their GPS.

What can economists tell you

28 Aug 2016 Leave a comment

image

Image by Jim Rose

Has ethical investing ever beaten the market? @GreenpeaceNZ

29 Jul 2016 Leave a comment

by Jim Rose in environmentalism, financial economics Tags: , , , ,

VFTSX is the Vanguard social investing index fund – a fund that invests in an index made up of ethical investing funds.image

Source: VFTSX Vanguard FTSE Social Index Inv Fund VFTSX Quote Price News.

Has the Vice Fund ever not outperformed the share market?

28 Jul 2016 3 Comments

by Jim Rose in fisheries economics Tags: , , , ,

The Vice Fund is a mutual fund investing in companies that have significant involvement in, or derive a substantial portion of their revenues from the tobacco, gambling, defense/weapons, and alcohol industries. A primary focus of stock selection is the ability to pay and grow dividends.

image

Source: VICEX USA Mutuals Barrier Investor Fund VICEX Quote Price News.

% US top incomes from wages, salaries and pensions, 1913 – 2015,

18 Jul 2016 Leave a comment

by Jim Rose in applied welfare economics, economic history, human capital, industrial organisation, labour economics, occupational choice, politics - USA, poverty and inequality, survivor principle Tags: , , , , ,

The rich in the USA long ago became a working rich; most top incomes are from wages and salaries.

image

Source: The World Wealth and Income Database.

Average top incomes in New Zealand

05 Jul 2016 Leave a comment

by Jim Rose in human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: , ,

The average top income in New Zealand is that of a professional, executive or entrepreneur.

image

Source: The World Wealth and Income Database.

The 8 types of creative destruction

20 Jun 2016 Leave a comment

Image by Jim Rose

Creative destruction in mass media employment since 1990

09 Jun 2016 Leave a comment

by Jim Rose in economic history, economics of media and culture, entrepreneurship, industrial organisation, labour economics, labour supply, occupational choice, survivor principle Tags: , , , ,

The Bureau of Labour Statistics chart included books which I took it out along with a few others to confine the information to newspapers and other competitors in the mass media. People still study journalism but more and more go to public relations jobs in government and business.

image

Source: Employment trends in newspaper publishing and other media, 1990–2016 : The Economics Daily: U.S. Bureau of Labor Statistics.

..

Creative destruction in personal computing platforms

09 Jun 2016 Leave a comment

by Jim Rose in economic history, entrepreneurship, industrial organisation, survivor principle, technological progress Tags: , , , ,

Previous Older Entries Next Newer Entries

Bassett, Brash & Hide

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Truth on the Market

Scholarly commentary on law, economics, and more

The Undercover Historian

Beatrice Cherrier's blog

Matua Kahurangi

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Temple of Sociology

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Velvet Glove, Iron Fist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

CAMERA UK

Why Evolution Is True

Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.

Down to Earth Kiwi

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

NoTricksZone

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Homepaddock

A rural perspective with a blue tint by Ele Ludemann

Kiwiblog

DPF's Kiwiblog - Fomenting Happy Mischief since 2003

The Dangerous Economist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Watts Up With That?

The world's most viewed site on global warming and climate change

Climate Etc.

The Logical Place

Tim Harding's writings on rationality, informal logic and skepticism

Doc's Books

A window into Doc Freiberger's library

The Risk-Monger

Let's examine hard decisions!

Uneasy Money

Commentary on monetary policy in the spirit of R. G. Hawtrey

Barrie Saunders

Thoughts on public policy and the media

Liberty Scott

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Point of Order

Politics and the economy

James Bowden's Blog

A blog (primarily) on Canadian and Commonwealth political history and institutions

Science Matters

Reading between the lines, and underneath the hype.

Peter Winsley

Economics, and such stuff as dreams are made on

A Venerable Puzzle

"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II

The Antiplanner

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Bet On It

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

History of Sorts

WORLD WAR II, MUSIC, HISTORY, HOLOCAUST

Roger Pielke Jr.

Undisciplined scholar, recovering academic

Offsetting Behaviour

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

JONATHAN TURLEY

Res ipsa loquitur - The thing itself speaks

Conversable Economist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

The Victorian Commons

Researching the House of Commons, 1832-1868

The History of Parliament

Articles and research from the History of Parliament Trust

Books & Boots

Reflections on books and art

Legal History Miscellany

Posts on the History of Law, Crime, and Justice

Sex, Drugs and Economics

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

European Royal History

Exploring the Monarchs of Europe

Tallbloke's Talkshop

Cutting edge science you can dice with

Marginal REVOLUTION

Small Steps Toward A Much Better World

NOT A LOT OF PEOPLE KNOW THAT

“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.

STOP THESE THINGS

The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.

Fruits and Votes

Lindsay Mitchell

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Alt-M

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

croaking cassandra

Economics, public policy, monetary policy, financial regulation, with a New Zealand perspective

UK Constitutional Law Association

The Grumpy Economist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

International Liberty

Restraining Government in America and Around the World