Tagged: Economics

Choice of baseline matters - The Dismal Science

Eric Crampton Apr 17, 2018

Looks like folks are back to arguing about whether there’s a J-curve in alcohol consumption. The J-curve plots out the relationship between all-cause mortality and drinking. Non-drinkers are at the left-hand upwards tip of the J, light-to-moderate drinkers are in the dip, then heavy drinkers are in the upwards tilt at the right hand side. And the ballpark numbers I … Read More

Population size and GDP per capita: US states - The Dismal Science

Michael Reddell Apr 16, 2018

There have been a few posts here (here, here, and here) in the last week or so around the issue of population size and GDP per capita –  not because my prior is that there is any such relationship but (a) because I think there isn’t, and it is worth occasionally illustrating that across countries, and (b) … Read More

Early gender gaps among university graduates - The Dismal Science

Paul Walker Apr 10, 2018

In a recent article at VoxEU.org Marco Francesconi and Matthias Parey write on Early gender gaps among university graduates. A summary of their column reads Women earning substantially less than men in all advanced economies, despite the considerable progress women have made in labour markets worldwide. This column explores the recent experience of university … Read More

Population and real GDP per capita - The Dismal Science

Michael Reddell Apr 09, 2018

I noticed a few comments to another of my posts about possible links between population size and economic performance. My working assumption is that, on average, across all countries, there isn’t any such relationship. Apart from anything else, if there were a positive relationship –  that was more than chance –  it would suggest that two countries … Read More

And now the Brits are doing it: A sugary drink tax levy on the industry - Public Health Expert

Public Health Expert Apr 03, 2018

Prof Tony Blakely, Prof Nick Wilson, Dr Anja Mizdrak, Dr Cristina Cleghorn From 1 April 2018, the UK is putting in place a type of sugary drinks tax – actually a “soft drinks industry levy”. This blog reviews how they are doing it, early signs of its success, and ponders its relevance for NZ.  We also take this opportunity to … Read More

Sweet Relief: Eric Crampton on the Sugar Tax - The Dismal Science

Eric Crampton Mar 08, 2018

For the past several years, public health lobbyists have pretended that all opposition to sugar taxes is ideologically motivated or dishonest. They have argued that the only thing stopping the government from implementing their beneficent proposals has been the actions of nefarious interest groups. And so it is interesting to read what the Ministry of Health’s officials actually thought about … Read More

Luigi Zingales on Oliver Hart, co-winner of the 2016 Nobel Prize for economics - The Dismal Science

Paul Walker Feb 05, 2018

At the 2018 ASSA meeting Luigi Zingales delivered a lecture honouring Oliver Hart, co-winner of the 2016 Nobel Prize for economics. In part Zingales said, In the 1970s, this question [the make-or-buy dLuigi Zingaleecision] started to receive attention in the so-called transaction-cost literature. The key contributions during that period were Alchian and Demsetz (1972), Williamson (1971 and … Read More

No Ordinary Woman: The Life of Edith Penrose - The Dismal Science

Paul Walker Jan 22, 2018

At the Marginal Revolution blog Tyler Cowen writes on the new biography of economist Edith Penrose, No Ordinary Woman: The Life of Edith Penrose, by Angela Penrose. Cowen writes, What a dramatic and eventful book. Edith Penrose (1914-1996) is a not so well-known but highly underrated economist, with her … Read More

More on the PBRF’s new clothes - Kidney Punch

John Pickering Dec 21, 2017

A few of weeks ago I outed the multi-million-dollar exercise that is the Quality Evaluation component of the performance based research fund (PBRF) as a futile exercise because there was no net gain in research dollars for the NZ academic community.  Having revealed the Emperor’s new clothes, I awaited the call from the Minister in … Read More