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Monthly Archives: April 2006
JKG
John Kenneth Galbraith’s NYT obituary is definitely worth reading. Like most progressive economists, I enjoyed his books, but I’ve never found anything to cite in them. Even by the 1970s, economics was moving in a much more formal direction. But he … Continue reading
Posted in Economics Generally, US Politics
13 Comments
Elderly drivers
The awful events in Bathurst yesterday, where an 82-year old backed her car into a group of bystanders, injuring ten, raise the really tough question: how many of us would be willing to tell an elderly relative that they shouldn’t … Continue reading
Posted in Uncategorized
4 Comments
The $64,000 question. Literally.
In Australia, we typically don’t tell parents the average test score in their neighbourhood primary school. In the US and UK, this information is considered public information, and its annual publication is routine. I had a bit to say about … Continue reading
Posted in Economics of Education
1 Comment
The Black Stuff
Turning on CSPAN in my hotel room today, it’s extraordinary to see the number of silly proposals that have been prompted by rising oil prices. So in the Australian context, it was rather nice to see that Nicholas Gruen and … Continue reading
Posted in Economics Generally
2 Comments
Best Read B Schools
SSRN has a ranking of non-US business schools, based on the number of papers by faculty that were downloaded. Full list over the fold
Posted in Universities
Comments Off on Best Read B Schools
How does a 76000% tax rate affect taxpayer behaviour?
Bruce Chapman and I have released a paper looking at the effect of the HECS repayment threshold. In 2003-04 (the most recent year we looked at), earning $1 over the threshold reduced your post-tax income by $760, making it – … Continue reading
Posted in Economics of Education, Tax
62 Comments
Solomons News
An anonymous friend in Honiara writes: New Solomons PM Snyder Rini resigned this morning after two more members of his coalition crossed the floor. Two others had switched sides last week after the riots so even with two opposition members … Continue reading
Posted in Uncategorized
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Beers in Boston, Words in Wollongong
I’m off to Boston tomorrow (Wednesday) for the National Bureau of Economic Research’s economics of education program meetings. Alas, the weather in Boston seems to be just as cold as in Canberra, but if friends old and new are up … Continue reading
Posted in Economics of Education
6 Comments
To compare, or not to compare?
The CIS’s Peter Saunders in The Australian in 2004 urging policymakers to cut taxes, because our top rate is higher than in other countries: The tax on higher-income earners is vicious. It is outrageous that people earning $62,000 per year are paying … Continue reading
Posted in Tax
14 Comments
Trustworthy grandma, trusting granddaughter
We understand surprisingly little about why some people trust, and others do not. Eric Uslaner takes us a step closer: Where You Stand Depends Upon Where Your Grandparents Sat: The Inheritability of Generalized Trust Generalized trust is a stable value … Continue reading
Posted in Social Capital
1 Comment
The Sandy and Andy Show
I’ll be appearing on Australia Talks Back on the evening of Anzac Day, from 6-7pm on Radio National, spruiking my rather controversial proposal to pay Indigenous teens a daily stipend in order to boost the school completion rate.
Posted in Economics of Education, Inequality
24 Comments
The ABCs of Economics
I’ve been meaning for some time to mention an article in the SMH a few weeks back week, discussing the happiness paper that Justin Wolfers and I wrote. What caught my attention wasn’t the substance of the newspaper article, but its assumption that the … Continue reading
Posted in Economics Generally
6 Comments
You see, Alan, Australians enjoy filling out the Tax Pack
Michael Duffy points to a truly bizarre quote by the PM, speaking to Alan Jones this week: “I yesterday made some inquiries about this issue of not having tax returns [in Britain and New Zealand at least 70 per cent … Continue reading
Posted in Tax
8 Comments
Iowa Autos
From Tim Harford’s The Undercover Economist, via QuantLogic: Economist David Friedman observes… that there are two ways for the United States to produce automobiles: they can build them in Detroit, or they can grow them in Iowa. Growing them in Iowa … Continue reading
Posted in Economics Generally
5 Comments
One for the Mexicans
The Brisbane Festival of Ideas (held three weeks ago)Â has just posted a bunch of transcripts and audio files on its website.
Posted in Australian Politics
Comments Off on One for the Mexicans
Not a whole Lott-a love
Beware of what you say about your colleagues in emails. They may take you to court for defamation. As the Chronicle of Higher Education reports, the second part of the Lott v Levitt lawsuit is even weirder than the first: … Continue reading
Posted in Economics Generally
13 Comments
Back to the Berra
Gweneth and I are driving back to Canberra today (via a lunchtime seminar at RMIT). This will wrap up my 3-month stint at the University of Melbourne. Melbourne and ANU are both terrific universities, but ANU is still home. And … Continue reading
Posted in Uncategorized
6 Comments
Economy-Chat
At risk of sending thee to a place from whence thou shalt never return…. Ian Holsman has set up Economy-Chat, using RSS feeds to consolidate 22 econ-blogs (including this one). It’s very good.
Posted in Blogging, Economics Generally
1 Comment
Immigration: good if you're a restaurant customer, maybe not so good if you're a waiter
George Borjas has a piece in today’s WSJ on immigration and wages in the US, arguing that a 10% increase in Mexican immigrants lowers low-skill native wages by 3-4%. He also makes some important points on the methodology of looking … Continue reading
Posted in Economics Generally, Low Wage Work
4 Comments
Teacher Work, Teacher Pay
The Education Sector this month has plenty of interesting stuff on teacher pay, including an article by Kevin Carey on merit pay, a review of the ironically-titled Teachers Have It Easy, a discussion of Barack Obama’s new proposals, and an interview with the … Continue reading
Posted in Economics of Education
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EPP – blog feedback
Over the past three months, I’ve been using this blog (and its predecessor) to post additional readings for my MBS Economics & Public Policy class. I’m now keen to get feedback from the class on how well this has worked. … Continue reading
Posted in Blogging, Economics & Public Policy Course
11 Comments
A Big Apple for the Teacher
New York City is apparently offering housing subsidies of up to US$14,600 to attract teachers with 2+ years of experience. Oddly, the article doesn’t point out that this isn’t a particularly efficient way of attracting the best teachers (the value of the … Continue reading
Posted in Economics of Education
8 Comments
From Golden Age to Golden Age
For anyone interested in long-run trends in earnings of low wage workers, and possible policy solutions, this paper (PDF) by Paul Frijters and Bob Gregory is nothing if not thought-provoking. It’ll be coming out in a special issue of the … Continue reading
Posted in Inequality, Low Wage Work
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Does Death Deter?
The debate over the empirical evidence on death penalty deterrence occupies the first half of a recent issue of the Economist’s Voice. I don’t claim to be at all impartial (Wolfers is a mate) –Â but the article is quite entertaining.
Posted in Economics Generally
8 Comments
EPP – Tiebout Sorting
The introduction to a new volume called Footloose at Fifty talks about the legacy of Charles Tiebout’s 1956 JPE paper “A Pure Theory of Local Expenditures”.
Posted in Economics & Public Policy Course
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What's the Matter With What's the Matter With Kansas?
A bit over a month ago, I blogged on Thomas Frank’s What’s the Matter With Kansas? As the folks at CT mentioned late last year, there has been some data-driven debate in political science circles over this. Using the national … Continue reading
Posted in Australian Politics, US Politics, What I'm Reading
4 Comments
Argy on Social Mobility
Fred Argy has a new Australia Institute discussion paper out on inequality and social mobility. The Australia Institute only have the first 10 pages on their website, but you can get the gist from reading his oped in today’s Age: … Continue reading
Posted in Inequality
15 Comments
Kaching!
I’ve joined the Amazon.com associates program, so if you click on a book link from this site, I’ll get 4% of the royalties. If you’re thinking of stocking a library, feel free to email to discuss commission-sharing opportunities…..
Posted in Blogging
5 Comments
EPP – Prediction markets links
Following on from the discussion in class last week, here are a couple of useful links on prediction markets: Wikipedia entry Time Magazine article
Posted in Economics & Public Policy Course
2 Comments
Expat voting
Sparking off the recent election of Senators representing the Italian diaspora to their parliament, Andrew Bartlett has a thoughtful discussion of various proposals, including one that I wrote based upon what Macgregor Duncan, David Madden, Peter Tynan and myself had … Continue reading
Posted in Australian Politics
13 Comments