It is 2014, isn’t that nice. As I’ve promised, this year I’m going to write more on income inequality (and broader issues of inequality) when I get the opportunity. With the recovery in the labour market and economy running above expectations, there may be less need for us to comment on macroeconomic issues here – […]
Merry Christmas from all of us at TVHE. As you may have seen, James has already sorted Christmas Cards for you. Avoid time inconsistent social choices this Christmas. I am not just talking about eating and drinking too much – also avoid telling that relative you don’t really like how you really feel! And if […]
Brad Delong on the upcoming translation of the Piketty book (and the recent presentations about it). This is interesting stuff, and is very “economic historyesque” in its description. I’d note that the general idea that we could have significant wealth accumulation leading to “impatient” groups being poorer in the long-run is accepted, and directly taught, […]
Recently I’ve been talking a bundle about inequality in incomes, and fitting it within an idea of “equity”. However, as we’ve chatted about, policy choices often involve conceptualising an equity vs efficiency trade-off. A fundamental part of how we understand where we are in relation to this trade-off, especially with reference to “efficiency”, comes from thinking […]
Bah, I come back from a conference to this. Film subsides/protectionism is back in vogue I see. Not happy with just spending other people’s money to get to go to functions about the new Avatar movies, our politicians have decided to increase the amount of other people’s money they will give to all people who […]
I’ll admit a bias here – my middle name is Francis, so no doubt I am being overtly generous to his comments when I discussed them on Rates Blog last week 😉 . Or potentially I’m am being harsh, because I am particularly unhappy that I ended stuck with a middle name I didn’t particularly want. […]