From https://www.justfacts.com/news_poorest_americans_richer_than_europe
The Poorest 20% of Americans Are Richer on Average Than Most Nations of Europe
04 May 2020 Leave a comment
in labour economics, poverty and inequality Tags: child poverty, family poverty, pessimism bias, The Great Enrichment
Myth of the Rational Voter
02 May 2020 Leave a comment
in applied price theory, economics of bureaucracy, economics of crime, economics of education, economics of information, economics of regulation, election campaigns, energy economics, environmental economics, history of economic thought, income redistribution, industrial organisation, international economics, labour economics, labour supply, law and economics, managerial economics, market efficiency, Marxist economics, minimum wage, organisational economics, personnel economics, politics - USA, population economics, property rights, Public Choice, public economics, rentseeking, resource economics, theory of the firm, transport economics, urban economics, welfare reform Tags: anti-foreign bias, anti-market bias, make-work bias, pessimism bias, rational ignorance, rational irrationality, regressive left
Now forgotten #climateemergency #globalwarming @GreenpeaceAP @Greens @NZGreens
28 Apr 2020 Leave a comment
in energy economics, environmental economics, global warming Tags: climate alarmists, pessimism bias
#COVID19 seen and unseen
27 Apr 2020 1 Comment
in applied welfare economics, health economics, politics - Australia, politics - New Zealand, politics - USA Tags: economics of pandemics, offsetting behaviour, pessimism bias, political correctness, regressive left, The fatal conceit, unintended consequences
#COVID19
27 Apr 2020 Leave a comment
in health economics, politics - New Zealand Tags: economics of pandemics, pessimism bias
#COVID19 #OTD
26 Apr 2020 Leave a comment
in applied welfare economics, economic growth, health economics, macroeconomics, politics - Australia, politics - New Zealand Tags: economics of pandemics, pessimism bias
#climateemergency #globalwarming @GreenpeaceAP @Greens @NZGreens @jamespeshaw @AOC @BernieSanders @SenWarren @oxfamnz
26 Apr 2020 Leave a comment
in energy economics, environmental economics, global warming, Marxist economics, politics - Australia, Public Choice Tags: climate alarmists, pessimism bias
Dr. Ioannidis on Why We Don’t Have Reliable Data Surrounding COVID-19
26 Apr 2020 Leave a comment
in econometerics, economics of bureaucracy, economics of information, health economics, politics - Australia, politics - New Zealand, politics - USA, Public Choice Tags: action bias, economics of pandemics, pessimism bias, The fatal conceit
#EarthDay @GreenpeaceAP @Greens @NZGreens @jamespeshaw @AOC @BernieSanders @Oxfam @SenWarren
23 Apr 2020 Leave a comment
in development economics, economic history, energy economics, environmental economics, global warming, growth miracles, politics - Australia, politics - New Zealand, politics - USA Tags: pessimism bias, The Great Escape
Johan Giesecke, one of the world’s most senior epidemiologists
20 Apr 2020 Leave a comment
in econometerics, health economics Tags: economics of pandemics, pessimism bias
- UK policy on lockdown and other European countries are not evidence-based
- The correct policy is to protect the old and the frail only
- This will eventually lead to herd immunity as a “by-product”
- The initial UK response, before the “180 degree U-turn”, was better
- The Imperial College paper was “not very good” and he has never seen an unpublished paper have so much policy impact
- The paper was very much too pessimistic
- Any such models are a dubious basis for public policy anyway
- The flattening of the curve is due to the most vulnerable dying first as much as the lockdown
- The results will eventually be similar for all countries
- Covid-19 is a “mild disease” and similar to the flu, and it was the novelty of the disease that scared people.
- The actual fatality rate of Covid-19 is the region of 0.1%
- At least 50% of the population of both the UK and Sweden will be shown to have already had the disease when mass antibody testing becomes available
#OTD 1975 #globalwarming #climateemergency @GreenpeaceAP @Greens @NZGreens @jamespeshaw
18 Apr 2020 Leave a comment
Early @Greenpeace @Greens @NZGreens @oxfamnz
14 Apr 2020 Leave a comment
in economic history, environmental economics, Marxist economics, politics - Australia, politics - New Zealand, politics - USA Tags: pessimism bias
#COVID19 #globalwarming #climateemergency @Greenpeace @Greens @NZGreens #OTD
10 Apr 2020 Leave a comment
in economics of religion, energy economics, environmental economics, global warming, health economics, politics - Australia, politics - New Zealand, politics - USA Tags: climate alarmists, economics of pandemics, pessimism bias, regressive left
Utopia, you are standing in it! 
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