The link between migration and wages is complex and confusing – especially when it is often communicated about in different ways (eg are we talking about wage growth now with regards to monetary policy, wages in specific industries due to the changing make-up of the economy, or long-run real wages?). And I can’t be much […]
While rolling around the internet I found the following: Lets have a look shall we. Interesting! But something seems a bit off – surely this can’t be true!? Let us investigate.
I can see where this article is coming from. Inequality in educational attainment can translate into inequality in incomes. If people from poor households have lower educational attainment then we have a generational link between low incomes, which implies lower income mobility. This is something that we may find unjust. Why do I say “may”, […]
Is the Sims the critique of modern capitalism we've all been missing https://t.co/T01dR6Hv5m — Unlearning Economics (@UnlearningEcon) September 17, 2018 I hear this sort of thing a lot – and want to hear your views. I will give a view in the future. Also we used to just play Sim City 2000 in economics class […]
I have been enjoying the live tweeting of the Lehman Brothers failure – with a 10 year delay. On the day I had this to say. Then 10 years ago today I tried to provide some predictions. The terms of trade fell a little more than I expected (to their 2005 levels rather than to […]
"We then narrow our focus to black families in the South, where state-wide minimum teacher salary laws created sharp differences in teacher wages between adjacent counties. These differences had large impacts on schooling attainment"https://t.co/WOnenclZxu — Noah Smith (@Noahpinion) September 12, 2018 Interesting. Education, and schooling attainment, seems to be a big issue over here in […]