An Orgy of Innovation
25 Nov 2015 Leave a comment
in applied price theory, economic history, entrepreneurship Tags: capitalism and freedom, creative destruction, entrepreneurial alertness, innovation, The Great Enrichment
Deirdre McCloskey on Piketty, the Bourgeoisie Deal, the Bolshevik Deal, and the Bridal Deal
17 Nov 2015 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, growth disasters, growth miracles, Public Choice Tags: bourgeoisie deal, capitalism and freedom, Deirdre McCloskey, industrial revolution, The Great Enrichment, The Great Escape, The Great Fact, Thomas Piketty

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Too many hippies study biology
12 Nov 2015 Leave a comment
in applied price theory, economic history, economics of media and culture, liberalism, movies Tags: agricultural economics, back to nature, expressive boating, hippies, Left-wing hypocrisy, Leftover Left Twitter left, The Great Enrichment, The Great Escape, The Great Fact
Unions – not the cause of our 40 hour workweek
10 Nov 2015 Leave a comment
in applied price theory, applied welfare economics, economic history, entrepreneurship, health and safety, human capital, industrial organisation, labour economics, labour supply, Marxist economics, minimum wage, politics - Australia, politics - New Zealand, politics - USA, poverty and inequality, unions Tags: The Great Enrichment, union power, union wage premium
Increase in real New Zealand household incomes since 1982 – before and after housing costs
07 Nov 2015 Leave a comment
in economic history, politics - New Zealand Tags: housing affordability, living standards, RMA, The Great Enrichment
It is those below median household income that are suffering more from rising housing costs in New Zealand since 1982. Those on low incomes in particular have suffered the most.
Source: Bryan Perry, Household Incomes in New Zealand: trends in indicators of inequality and hardship 1982 to 2014 – Ministry of Social Development, Wellington (August 2015), Tables D3 and D4.
The data for the lowest decile is somewhat unreliable because there are so many implausibly low and zero incomes in that decile.
Robert Lucas on income redistribution and economic growth
05 Nov 2015 Leave a comment
in development economics, growth disasters, growth miracles, macroeconomics, Robert E. Lucas Tags: capitalism and freedom, industrial revolution, The Great Enrichment, The Great Escape, The Great Fact
@BernieSanders @HillaryClinton an average American works 11% less than in 1950, but earns 246% more
05 Nov 2015 Leave a comment
in economic history, politics - USA Tags: 2016 presidential elections, antimarket bias, good old days, Leftover Left, living standards, pessimism bias, rational ignorance, rational rationality, The Great Enrichment, Twitter left
More on Down and Out in America
03 Nov 2015 Leave a comment
in applied welfare economics, politics - USA Tags: living standards, The Great Enrichment
@Oxfam fewer people living in absolute poverty today than in 1820
29 Oct 2015 Leave a comment
in economic history Tags: capitalism and freedom, extreme poverty, industrial revolution, Leftover Left, The Great Enrichment, The Great Escape, The Great Fact, Twitter left
There are fewer people living in absolute poverty today than there were in 1820. buff.ly/1OlOpX3 #progress http://t.co/LfC8I5gEE9—
HumanProgress.org (@humanprogress) October 07, 2015
The Great Escape and #vegetarianism
25 Oct 2015 Leave a comment
in development economics, economic history, environmental economics, growth miracles, health economics, Public Choice, rentseeking Tags: expressive politics, The Great Enrichment, The Great Escape, The Great Fact, vegetarianism
Angus Deaton on slow growth as a force for distributional conflict
25 Oct 2015 Leave a comment
in applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, growth disasters, growth miracles, income redistribution, liberalism, Public Choice, rentseeking Tags: Angus Deaton, The Great Enrichment, The Great Escape, The Great Fact
RT @NaomiAKlein what’s changed since you left high school?
24 Oct 2015 Leave a comment
in development economics, economic history, growth miracles, Marxist economics Tags: Bill Easterly, Leftover Left, Naomi Klein, The Great Enrichment, The Great Escape, The Great Fact
.@worldbankdata allows us to see how our world has changed since 1985 #BackToTheFuture https://t.co/8t5DZDMFfz—
DFID Stats (@DFID_Stats) October 21, 2015
No matter how you measure it, the news on global poverty is great. From @EconBizFin http://t.co/qKM6suo4YO—
William Easterly (@bill_easterly) October 15, 2015
Special 5pm premiere screening in Los Angeles tonight Q&A with @avilewis & @NaomiAKlein sundancecinemas.com http://t.co/Oi4oeKoQHB—
Changes Everything (@thischanges) October 16, 2015
@oxfamnz 80% of the world lived in extreme poverty when my father was born
23 Oct 2015 Leave a comment
When my father was born, 7 in 10 people lived in absolute poverty.
Today, it's 1 in 10! https://t.co/1Caqku3AY1—
Tim Fernholz (@TimFernholz) October 21, 2015
Number living <$1.90/day in the 10 countries w/ largest extreme poor populations. using new @WorldBank #data @oxfam http://t.co/YQm8XSVpfK—
Nick Galasso (@vngalasso) October 19, 2015
The Global Middle Class Is Kind of Poor. Amazing graphic. buff.ly/1I5FDbz http://t.co/QB6maF7X2n—
Nick Galasso (@vngalasso) July 16, 2015
And people say I'm pessimistic! Is this the most important graph on the economic history of the world? HT @MaxCRoser http://t.co/pawcLOSadv—
Nick Galasso (@vngalasso) June 22, 2015
.@TheEconomist Great graph! Global #inequality to fall; what about within country #inequality? buff.ly/1c74E95 http://t.co/QTufMdR4om—
Nick Galasso (@vngalasso) May 21, 2015
Inequality has actually been falling in a lot of the world … but not in the U.S. washingtonpost.com/news/wonkblog/… https://t.co/VjnO8D6RQQ—
Matt O'Brien (@ObsoleteDogma) October 22, 2015

@oxfamnz still more mass kidnappings of #ODA & #Occupy activists
05 Oct 2015 Leave a comment
in development economics, economic history, growth disasters, growth miracles Tags: capitalism and freedom, ODA, The Great Enrichment, The Great Escape, The Great Fact
Why are they not dancing in the streets on the news today that extreme poverty has fallen below 10% of the world’s population for the first time ever.
The only possible explanation is these principled activists for the cause of the poor and oppressed not celebrating the latest achievements of capitalism and freedom is they have been kidnapped by nefarious forces.
We pray for their safe return so they can join the celebrations of The Great Fact and The Great Escape.
.@Worldbank: Est. 702M ppl living in #extremepoverty in 2015, down from 902M in 2012: wrld.bg/SZKfZ http://t.co/y6r1gVlciH—
World Bank (@WorldBank) October 05, 2015

Rising incomes helped bottom 40% of income earners in most countries over last 10 yrs -WBG: wrld.bg/SZM2M http://t.co/f9vdfA2htk—
World Bank (@WorldBank) October 05, 2015
How can we eradicate #poverty by 2030? @Winnie_Byanyima wef.ch/1QvSVPW #development http://t.co/reBsT24BU3—
World Economic Forum (@wef) September 24, 2015
Which are the poorest countries in the world? wef.ch/1RcYiVo #economics http://t.co/uK1BFlcZQb—
World Economic Forum (@wef) October 05, 2015

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