Moving on up is a smart phone, dishwasher & dryer @swinshi @Mark_J_Perry
19 Mar 2017 Leave a comment
Real GDP Per Capita and the Standard of Living
31 Aug 2016 Leave a comment
in development economics, macroeconomics Tags: living standards
Most things are getting cheaper
11 Jun 2016 Leave a comment
in applied welfare economics, economic history Tags: living standards, pessimism bias
Workers’ Compensation: Growing Along with Productivity
04 Jun 2016 Leave a comment
in applied welfare economics, economic history, politics - USA Tags: living standards, measurement error, middle class stagnation, wage stagnation
More on down and out in America
30 May 2016 Leave a comment
in poverty and inequality Tags: consumption inequality, living standards
Bryan Bruce’s boy’s own memories of pre-neoliberal #NewZealand @Child_PovertyNZ
23 May 2016 Leave a comment
in applied welfare economics, comparative institutional analysis, economic history, economics of regulation, income redistribution, industrial organisation, politics - New Zealand, poverty and inequality, Public Choice, rentseeking Tags: child poverty, conspiracy theories, expressive voting, family poverty, Leftover Left, living standards, neoliberalism, Old Left, pessimism bias, rational irrationality, reactionary left, top 1%
New work by Chris Ball and John Creedy shows substantial *declines* in NZ inequality.
initiativeblog.com/2015/06/24/ine… http://t.co/f94fw4Bhae—
Eric Crampton (@EricCrampton) June 24, 2015
You really are still fighting the 1990 New Zealand general election if Max Rashbrooke makes more sense than you on the good old days before the virus of neoliberalism beset New Zealand from 1984 onwards.
Source: Mind the Gap: Why most of us are poor | Stuff.co.nz.
Bryan Bruce in the caption looks upon the New Zealand of the 1960s and 70s as “broadly egalitarian”. Even Max Rashbrooke had to admit that was not so if you were Maori or female.
The present rate of technology adoption is nearly a vertical line —@blackrock https://t.co/3oS3YAI4ld—
Vala Afshar (@ValaAfshar) January 22, 2016
Maybe 65% of the population of those good old days before the virus of neoliberalism. were missing out on that broadly egalitarian society championed by Bryan Bruce.
As is typical for the embittered left, the reactionary left, gender analysis and the sociology of race is not for their memories of their good old days. New Zealand has the smallest gender wage gap of any of the industrialised countries.
The 20 years of wage stagnation that proceeded the passage of the Employment Contracts Act and the wages boom also goes down the reactionary left memory hole.
That wage stagnation in New Zealand in the 1970s and early 80s coincided with a decline in the incomes of the top 10%. When their income share started growing again, so did the wages of everybody after 20 years of stagnation. The top 10% in New Zealand managed to restore their income share of the early 1970s and indeed the 1960s. That it is hardly the rich getting richer.
Is the Cost of Living Really Rising?
10 May 2016 Leave a comment
in economic history, economics of media and culture, entrepreneurship Tags: living standards, The Great Enrichment
In 1900, 25% died before age 20.
10 May 2016 Leave a comment
in economic history, health economics Tags: child mortality, good old days, infant mortality, living standards, The Great Escape
@jacindaardern @NZLabour’s Healthy Homes Bill will raise rents to poor tenants and students
05 May 2016 1 Comment
in David Friedman, economics of regulation, law and economics, politics - New Zealand Tags: avoiding difficult decisions, housing habitability laws, living standards, New Zealand Labour Party, offsetting, rent control, The fatal conceit, The pretense to knowledge, unintended consequences
Source: David Friedman, Chapter 1: What Does Economics Have to Do with Law?
@StatModeling @ryanmcmaken Europe sub-Reddit just can’t handle the truth about how poor they are!?
17 Apr 2016 Leave a comment
in applied welfare economics, economic history, economics of media and culture, politics - USA Tags: European Union, living standards, rational ignorance, rational irrationality, Reddit
Utopia, you are standing in it! 
Recent Comments