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There have been protests about the amount of income going to the top 1%. In of itself, I have never thought we could tell too much about what is the “right” distribution of income with a certain number – after all, we would expect the top 1% to have significantly more income in some sense. […]
Whenever someone is busy attempting to have a heart-to-heart with me, I have one catch all statement I always pull out: Hold yourself to a high standard that you can feel proud of, but never base your expectations or judgments of others on that standard The usual resp0nse to this is “that’s f’ing obvious”, “no […]
#FirstWorldProblems is awesome and FirstWorldLife is also good. Read it sarcastically, and read it to give some context if possible.
When it comes to conclusions about the broad labour market that are accepted world wide, the idea that a higher minimum wage leads to lower levels of total employment is one of the most accepted. That is why it was interesting to see Patrick Gower suggest that Treasury didn’t believe this was the case – […]
Generally, Europe is already in big trouble. Current negotiations are around how far Europe wants to drag the rest of us down with them. Hopefully they go down this track.
People who read the blog will remember how vehemently opposed to the occupation of the Reserve Bank I was. And I stick to that – every word, even the misspelt ones. But I’m glad to see that this isn’t how the movement has evolved. From what I can tell the focus is very much on […]