What are rich countries so grumpy?
07 May 2016 Leave a comment
in applied welfare economics, development economics, growth disasters, growth miracles Tags: compensating differentials, pessimism bias, The Great Enrichment, The Great Fact
“Bourgeois Equality” lecture
28 Apr 2016 Leave a comment
in applied welfare economics, development economics, economic history, economics, economics of regulation, entrepreneurship, growth disasters, growth miracles, history of economic thought, industrial organisation, poverty and inequality, survivor principle Tags: Deirdre McCloskey, industrial revolution, The Great Enrichment
The future should sue today’s climate activists for slowing The Great Escape
16 Apr 2016 Leave a comment
in development economics, economic history, economics of media and culture, energy economics, environmental economics, global warming, growth miracles, law and economics Tags: climate activists, climate alarmism, extreme poverty, The Great Enrichment, The Great Escape, vexatious litigation
What will global GDP look like in 2030?
11 Apr 2016 Leave a comment
in development economics, economic growth, economics, economics of media and culture, growth disasters, growth miracles Tags: The Great Enrichment
35 years of the global economy in one video
06 Apr 2016 Leave a comment
in development economics, economic history, economics of media and culture, growth miracles Tags: The Great Enrichment, The Great Fact
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
Utopia, you are standing in it! 
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