Remembering @JeremyCorbyn’s good old days
20 Mar 2016 Leave a comment
in economic history, politics - USA, urban economics Tags: British economy, British politics, pessimism bias, The Great Enrichment
@danielbenami on Ferraris For All
20 Mar 2016 Leave a comment
in development economics, economic growth, economics, economics of media and culture Tags: The Great Enrichment
@James_ARobins yet another @MaxRashbrooke #inequality fact check
17 Mar 2016 Leave a comment
in applied welfare economics, economic growth, economic history, labour economics, poverty and inequality, unemployment Tags: antimarket bias, pessimism bias, rational irrationality, The Great Enrichment, top 1%
Source: Do inequality and poverty matter? | Pundit – Brian Easton (2016) .
I will outsource to Brian Easton, the CTU, the CTU’s Bill Rosenberg and Closer Together Whakatata Mai – reducing inequalities because the continual correction of Max Rashbrooke on poverty and inequality is becoming tiring.
Source: Love in the time of crisis, James Robins, Wednesday, 16 March 2016, Newstalk NZ.
A brief history of inequality-from Treasury paper Fig4. Note Employment Contracts Act,GST,income tax,benefit cuts,WFF http://t.co/y4w3cUsgjD—
Bill Rosenberg (@WJRosenbergCTU) June 27, 2015
Inequality has not risen for at least 20 years as Bill Rosenberg tweeted. The rise in inequality in the late 1980s and early 1990s was followed by an employment boom that lasted to 2009.
Unemployment was as low as 3 1/2% for several years despite a large increase in labour force participation. Furthermore, the gender wage gap in New Zealand fell rapidly to now be the smallest in any industrialised country.
As the Facebook photos show, there has been strong income and wage growth despite the grizzling of the left. The return of income growth and wages growth after 20 years of real wage stagnation followed the economic reforms of the 1980s and the passage of the Employment Contracts Act in 1991.
As the CTU shows below, the economic reforms in the 1980s put an end to a sharp decline in the relative economic performance of the New Zealand economy.
Living standards during the Industrial Revolution
07 Mar 2016 Leave a comment
in economic history Tags: industrial revolution, living standards, The Great Enrichment, The Great Fact
This @amprog lead in picture and its 1st figure about minimal improvement in living standards in 30 years just does not gel somehow
05 Mar 2016 Leave a comment
in applied welfare economics, economic history, economics of media and culture, industrial organisation, politics - USA Tags: good old days, Leftover Left, pessimism bias, rational irrationality, smart phones, The Great Enrichment
Source: When I Was Your Age | Center for American Progress.
The claim by the Centre for American progress is that despite being more educated and working in a more productive economy, 30-year-olds today barely make more than 30-year-old Baby Boomers did in 1984.
Source: When I Was Your Age | Center for American Progress.
Nearly everything from RadioShack ad in 1991 is replaced by a smartphone. https://t.co/xGh6ZzW1Nx—
Vala Afshar (@ValaAfshar) December 19, 2015
The apps in your smartphone cost $900,000 thirty years ago —@datarade https://t.co/pjw7q4QGDp—
Vala Afshar (@ValaAfshar) October 29, 2015
Nokia phone ~2004 vs. iPhone ~2015.
29 Feb 2016 Leave a comment
in economic history, economics of media and culture, entrepreneurship, industrial organisation Tags: cell phones, iPhones, mobile phones, technology diffusion, The Great Enrichment
https://twitter.com/pmarca/status/679842098632249344
https://twitter.com/JustHistoryPics/status/699047605070884866
How much food can you buy for working 1 hour in the manufacturing sector?
26 Feb 2016 Leave a comment
in economic history Tags: The Great Enrichment
The good old days are now
20 Feb 2016 Leave a comment
in economic history, labour economics, minimum wage, technological progress Tags: good old days, living wage, The Great Enrichment
The good old days were not very good at all
14 Feb 2016 Leave a comment
in economic history Tags: good old days, The Great Enrichment
@realdonaldtrump @BernieSanders are equally ignorant and unfit for office
09 Feb 2016 Leave a comment
in applied welfare economics, economic history, labour economics, macroeconomics, politics - USA Tags: 2016 presidential election, antiforeign bias, antimarket bias, Leftover cab left, pessimism bias, rational rationality, The Great Enrichment, Twitter left
Why Does 1% of History Have 99% of the Wealth? @Oxfam #TPPANoWay
06 Feb 2016 Leave a comment
in development economics, economic history, growth disasters, growth miracles, history of economic thought, international economics Tags: capitalism and freedom, free trade, global poverty, globalisation, industrial revolution, international technology diffusion, technology diffusion, The Great Enrichment, The Great Fact, TPPA
Poverty’s development 1800-2015
05 Feb 2016 Leave a comment
in development economics, economic history, growth disasters, growth miracles, technological progress Tags: global poverty, industrial revolution, The Great Enrichment, The Great Escape, The Great Fact
Development & Trade: Empirical Evidence @DavidShearerMP @oxfamnz @TPPANoWay
29 Jan 2016 Leave a comment
in applied price theory, applied welfare economics, development economics, economic history, growth disasters, growth miracles, international economics, politics - New Zealand, politics - USA Tags: free trade, free trade agreements, preferential trading agreements, The Great Enrichment, The Great Fact, TPPA, WTO
The World’s 10 Largest Economies 1970-2030
26 Jan 2016 Leave a comment
in development economics, economic history, growth miracles Tags: The Great Enrichment
An Orgy of Innovation | MRUniversity
20 Jan 2016 Leave a comment
in economic history Tags: The Great Enrichment
Utopia, you are standing in it! 
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