labor economics

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Latest blogosphere posts tagged “labor economics”

 

• Martha L. Olney and Aaron Pacitti: The Service Sector and the Business Cycle

  
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  Martha L. Olney and Aaron Pacitti: More services means longer recoveries : Recovery from recessions takes longer than it has in the past. The current crisis aside, this change has not happened because recessions themselves are longer. Nor has it occurred because recessions are deeper than in the past. Instead ...
  1 week ago

• Labor Econ 12: Wallace, Lenin, Stalin, Mao

  
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  No, no, no. Peter Wallace does not advocate the same things as Vladimir Lenin, Joseph Stalin and Mao Tse Tung. Peter of the Wallace Business Forum, is an Australian businessman and consultant who has lived in the Philippines for nearly four decades now, has a Filipino wife and kids, and advocates market-oriented ...
  2 weeks ago

• Fighting For A Living At Guitar Center

  
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  Lately it seems that we can’t get away from the hard, simple fact that art requires labor -- both in the actual creation and in the conditions that make it possible. Where there’s labor there’s normally a lot of hard work and sacrifice. And where there’s hard work and sacrifice, there’s normally some bastard ...
  2 weeks ago

• The Costs of Green Jobs Policies

  
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  Source of book image: http://javelindc.com/home/wp-content/uploads/2012/11/regulating_to_disaster.jpg I caught part of a C-SPAN presentation on the Regulating to Disaster book. It sounded plausible and intriguing---consistent with other evidence I have seen that "green" jobs have been over-hyped and ...
  3 weeks ago

• Paul Krugman Makes (Justified) Fun of Allan Meltzer, Who Does Not Know His Basic Price Theory...

  
  — Authority:
  It really does seem as if Allan Meltzer does not understand the basic economics of money demand--does not understand that the short-term safe nominal interest rate is the opportunity cost of holding cash balances. And not understanding that makes it impossible to think coherently about nearly any issues in monetary ...
  3 weeks ago

• "The French Work Force Gets Paid High Wages But Works Only Three Hours"

  
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  (p. B1) PARIS -- "How stupid do you think we are?" With those choice words, and several more similar in tone, the chief executive of an American tire company touched off a furor in France on Wednesday as he responded to a government plea to take over a Goodyear factory slated for closing in northern France. "I have ...
  4 weeks ago

• Tax Rates Have Big Effect on Labor Supply and Rate of Entrepreneurial Start-Ups

  
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  (p. A23) Higher taxes will produce long-term changes in social norms, behavior and growth. Edward Prescott, a winner of the Nobel Memorial Prize in economics, found that, in the 1950s when their taxes were low, Europeans worked more hours per capita than Americans. Then their taxes went up, reducing the incentives to ...
  4 weeks ago

• Just Released: April Empire State Manufacturing Survey

  
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  Jason Bram and Richard Deitz According to the most recent Empire State Manufacturing Survey , manufacturing conditions are continuing to improve in New York State, but only barely. The headline general business conditions index from the April 2013 report was 3.1—down 6 points from March and not much above ...
  4 weeks ago

• More Maggie Mortem Music

  
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  An update from Wednesdays post . Looks like the celebrations of Margaret Thatchers death have become unavoidable. Today thousands filled Trafalgar Square for what was essentially a huge party doubling as an anti-austerity rally. At todays Liverpool FC match against Reading , the crowd was respectful during the ...
  5 weeks ago

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