More on single motherhood and the market for marriage (including the dearth of reliable men).

An amusing YouTube on “saving money like Uncle Sam”.

An animation explaining nominal GDP targeting.

Graphs of economic projections for India, China and … The paper (pdf). There has been massive drops in (pdf) global poverty in recent years, mainly (but ( Read more... )

About a search for new economic ideas. An interview with Deidre McCloskey about economics for grownups:
No science can predict its own future, which is what predicting business cycles entails. Economists are among the molecules their theory of cycles is supposed to predict ( Read more... )

Ph.D thesis examines Ricardian equivalence in Oz and finds significant private-public saving offsets (which implies, amongst other things, that tax cuts and spending grants are significantly saved).

Continuing the argument over whether fiscal stimulus works.

About the battle inside the Fed over monetary policy. Pointing out that Obama is deeply ( Read more... )

Clarke and Dawe explain Europe’s debt problems (for non-Oz readers, you will laugh lots).

A nice list of economic fallacies of the left and the right.

Nice post on macro models.

When a pig gets killed, nothing is wasted.

Worrying that cities are deteriorating as avenues of upward social mobility.

Rwanda is having a coffee success story. An aid ( Read more... )

Yale is offering free videos of many of its introductory courses.

Grattan Institute Report on evaluating student competence (pdf) in Australian schooling. Age op-ed on the issue (pdf). Their report on on teaching in Oz (pdf):
Teacher evaluation and development does not identify effective teaching. Ninety-one per cent of Australian teachers report ( Read more... )

Appreciating the work of Nobel Laureate Elinor Ostrom. About common property.

About food, aid, technology and poverty:
Poverty -- caused by the low income productivity of farmers' labor -- is the primary source of hunger in Africa, and the problem is only getting worse. The number of "food insecure" people in Africa (those consuming less than 2, ( Read more... )

Raising a good question about Kiwiland moving its aid from specialising in scholarships to doing all the fashionable aid causes.

A former staffer to Gordon Brown who is now head of Choice in Oz has quite a few observations about the difference between his new home and his old one.

Suggesting Oz would be improved by moving State governments out of ( Read more... )

Hayek beats Marx: in economic citations.

Paper on the different work-leisure choices of Europeans and Americans. ADDENDA Useful discussion here.

Comparing the Great Recession with the Great Depression.

Israeli Arabs and Druze’s are notably poorer than Israeli Jews: particularly due to Arab and Druze women having a very low rate of college ( Read more... )

An economics music video: the Hayek versus Keynes rap.

About the market economy of classical Rome (pdf). About labour supply in the Roman Empire (pdf).

Paper on the continuing effects of forced labour system (pdf) in Peru almost 200 years after its abolition.

Various papers on influences on and in contemporary economics. A 1982 paper by Tobin ( Read more... )

Kiwi Parliamentarians having a lot of fun during Question time.

Oz ranks in top 10 of gender-equal countries according to World Economic Forum.

About the Oz diaspora (many whom are in fact migrants who have returned to their original countries).

Australians have the world’s biggest houses.

Raising a few issues on the Rudd Government’s ( Read more... )