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Given my admission that I am now going to talk more about inequality, it is important for me to show a bit more analytical respect to the concept of the ‘equity-efficiency trade-off’. This is a term that is often used in economics, and that we often use here, but which on the blog I have […]
As you saw from Shamubeel’s post this morning, there was a discussion on well-being and statistics to celebrate the International Year of Statistics – an event that Shamubeel spoke at. Donal summarised the event here. It was good times and all, well-being is important, as is measurement. All the speeches were good, with Phillip Walker […]
Donal over at Economics New Zealand posted up some OECD figures that indicate that the Gini coefficient over the OECD was the same in 2010 as it was in the mid-1990s, and that it is actually lower in New Zealand. As I have noted earlier, I am going to start writing about inequality on the blog. […]
All links via Marginal Revolution – all things I want to comment on, but do not have the time. View this as a sort of saving space! A site focused on ‘fixing up undergrad economics‘. This essay was worth reading. However, looking at their target I am not sure it is undergrad they are necessarily […]
Today is Doctor Who’s 50th anniversary. Seeing that I wanted to do an “economics of Dr Who” post … but how do I do that? All the Time Lords are dead, and the other people involved are either human or weird aliens that are in conflict in some way. There isn’t really much of an […]
We have an attitude as individuals to define things as “inherently good” or “inherently bad”. And when this comes to policy indicators this is dangerous. Shamubeel has already discussed this when thinking about the broad idea of equality, and so has Sen – although those posts were just us quoting him! However, a lot of […]