via Bernie Sanders Introduces Bill for $15 Minimum Wage, Pays Staff Only $12 | MRCTV.
Bernie Sanders Introduces Bill for $15 Minimum Wage, Pays Staff Only $12
24 Jul 2015 Leave a comment
in labour economics, minimum wage, politics - USA Tags: 2016 presidential election, Bernie Sanders, expressive voting, Left-wing hypocrisy, rational ignorance, rational irrationality
Some of the kidnapped ODA activists have been freed and can speak out at last!
23 Jul 2015 Leave a comment
in development economics, economic history, growth disasters, growth miracles, Marxist economics Tags: activists, anticapitalist mentality, antiforeign bias, antimarket bias, do gooders, expressive voting, Left-wing hypocrisy, Leftover Left, mass kidnappings, ODA, overseas aid, rational ignorance, rational irrationality, The Guardian
The role of the spread of capitalism and globalisation in massively reducing extreme poverty just gets a mention, begrudgingly, but it’s better than nothing From a newspaper of record of the Left over Left.
Do environmentalists oppose all energy subsidies?
22 Jul 2015 Leave a comment
in applied welfare economics, energy economics, environmental economics, global warming, Public Choice, rentseeking Tags: antimarket bias, Big Solar, Big Wind, expressive voting, green rent seeking, rational ignorance, rational irrationality, renewable energy, solar power, wind power
Rent control and housing quality
18 Jul 2015 Leave a comment
in economics of regulation, politics - USA, urban economics Tags: expressive voting, offsetting behaviour, rational ignorance, rational irrationality, rent control, The fatal conceit, The pretence to knowledge, unintended consequences
Foodborne Illness and Plastic Bag Bans
18 Jul 2015 Leave a comment
in economics of regulation, health economics Tags: antimarket bias, expressive voting, killer green technologies, meddlesome preferences, nanny state, plastic bag bans, plastic bags, rational ignorance, rational irrationality
The Amtrak and KiwiRail bailouts compared
18 Jul 2015 1 Comment
in economic history, economics of bureaucracy, politics - New Zealand, politics - USA, Public Choice, rentseeking, transport economics Tags: Amtrak, corporate welfare, expressive voting, industry policy, KiwiRail, privatisation, rational ignorance, rational irrationality, state owned enterprises
Figure 1: Amtrak and KiwiRail bailouts, (exchange rate US$1:NZ$1.53), 2008 – 2015
Sources: Federal Funding Received by Amtrak | Mercatus and New report: Corporate welfare in the 2015 budget – Taxpayers’ Union.
New Zealand with its KiwiRail does a good job of keeping up with the Amtrak bailout especially when you look at figure 2, which computes the bailouts on a per capita basis.
Figure 2: Amtrak and KiwiRail bailouts per capita (2014 populations), (exchange rate US$1:NZ$1.53), 2008 – 2015
Sources: Federal Funding Received by Amtrak | Mercatus and New report: Corporate welfare in the 2015 budget – Taxpayers’ Union.
Why is Danish electric power more expensive than anywhere else?
17 Jul 2015 Leave a comment
in energy economics, environmental economics, global warming Tags: Big Wind, climate alarmists, Denmark, expressive voting, green rent seeking, power prices, rational ignorance, rational irrationality, renewable energy, The pretence to knowledge, wind power
More vital information on the dangers of DHMO
17 Jul 2015 Leave a comment
in applied welfare economics, economics of information, economics of media and culture, economics of regulation, environmental economics, environmentalism, health economics Tags: antiscience left, DHMO, expressive voting, green scare tactics, precautionary principle, rational ignorance, rational irrationality
Should Majorities Decide Everything?
15 Jul 2015 Leave a comment
in comparative institutional analysis, constitutional political economy, economics of bureaucracy, income redistribution, liberalism, Public Choice, rentseeking Tags: constitutional law, expressive voting, median voter theorem, Mike Munger, rational ignorance, rational irrationality, tyranny of the majority
The cognitive biases of the…
14 Jul 2015 Leave a comment
in health economics Tags: anti-vaccination movement, antiscience left, cognitive biases, cognitive psychology, expressive voting, political psychology, rational ignorance, rational irrationality
Good old left-wing hate speech at its best
12 Jul 2015 Leave a comment
in economic history, economics of media and culture, entrepreneurship, income redistribution, Public Choice, rentseeking Tags: British elections, expressive voting, free speech, hate speech, London newspapers, media bias, rational ignorance, rational irrationality
I agree with @D_Blanchflower – I wish newspapers didn't spin elections and played it straight, like they used to… http://t.co/5btL7PAFWe—
Fraser Nelson (@FraserNelson) May 07, 2015
Who has compulsory voting?
12 Jul 2015 Leave a comment
in Public Choice Tags: compulsory voting, expressive voting, rational ignorance, rational irrationality
13% of countries have compulsory voting #democracy
#elections statista.com/chart/3466/the… http://t.co/so9CmCEXiX—
Statista (@StatistaCharts) May 08, 2015
Why is Labour so staunch on its left-wing policies – the voters must come to them – but opportunistic on race?
11 Jul 2015 Leave a comment
in constitutional political economy, international economics, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking Tags: antiforeign bias, antimarket bias, left-wing populists, New Zealand First, New Zealand Labour Party, political opportunism, racism, rational ignorance, rational irrationality, right-wing populists, traditional labour voter, working class Tory
Figure 1: who won the electorate vote of New Zealand First party voters, 2014 New Zealand election
Source: Electoral Commission.
New Zealand First vote splitting data in Figure 1 suggests many more Labour voters vote New Zealand First than for the National Party with their electorate votes.
1/3rd of voters who gave their party vote to New Zealand First voted Labour with their electorate vote. This compares to one in five New Zealand First voters who gave their electorate vote to the National Party.
The Labour Party can win back some traditional Labour voters by borrowing populist policies from New Zealand First and its ageing leader such as prohibiting foreigners from buying New Zealand land.
Who mentioned Shane Jones?
In politics we don't pull our punches, unless you've got one of the world's best in town! http://t.co/Xiz2l36btg—
Winston Peters (@winstonpeters) August 08, 2013
Utopia, you are standing in it! 
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