In this post, I want to look at the murder rate, by state. I ran a regression with the state murder rate for 2015 as the dependent variable, and literally threw the kitchen sink at it: demographics, weaponry, income, education, population density, etc. Basically, if its something some reasonable percentage of the population believes matters, and I could find data for it, I threw it into the hopper. I also included variables relating to immigration status. The...
Read More »How Between-Firm Inequality Drives Economic and Social Inequality
Conversable Economist takes an interesting look at inequality: (worth a look…hat tip Spencer England) How Between-Firm Inequality Drives Economic and Social Inequality “The real engine fueling rising income inequality is `firm inequality’: In an increasingly winner-take-all or at least winner-take-most economy, the best-educated and most-skilled employees cluster inside the most successful companies, their incomes rising dramatically compared with those of...
Read More »Top 100 Economics blogs
Top 100 Economics blogs The Angry Bear blog is a very popular multi-author blog. This left-leaning blog provides incisive commentary on U.S./Economics, law and politics.
Read More »Robert Waldmann on Challenging Opinions
Via AngryBear Econ facebook page comes Dr. Robert Waldmann’s discussion of costs of healthcare and life expectancy on Challenging Opinions. (among several others such as supply side economics…click the link above)
Read More »Open thread March 31, 2017
Pence Makes Deciding Vote Allowing States to Defund Planned Parenthood
Second time Pence has cast the deciding vote in the Senate. Last VP to do so was Cheney in 2008. VP Pence has made it no secret he is opposed to allowing women the right to decide on having an abortions. While in Congress, Pence sponsored the first bill to defund Planned Parenthood in 2007 and when it did not pass then he continued the effort until it did pass in the House in 2011. More recently a Federal Court blocked a bill signed by then Indiana Governor...
Read More »Crazification Factor Smashed
Kung Fu Monkey has a sad. Paul Ryan has totally crushed his crazification factor h/t Kerry Eleveld This issue has made Paul Ryan into the most unpopular politician in the country. At the start of the Trump administration he had a 33% approval rating, with 43% of voters disapproving of him. Now his approval has plunged to 21%, with his disapproval spiking all the way up to 61%. I count this as a new event, because Ryan is very famous and 82% is respectably...
Read More »Question; Have you Experienced the Same?
I was reading an article on one of the other blogs as written by an economist. In his article he discussed the 0.18% of total expenditures on one category. Then the blogger went on to describe the total expenditure as not being “18%, but rather a little less than one-fifth of 1 percent.” I asked the economist about the why of the additional explanation and whether this would be a legitimate fear that people might mistake 0.18% as being 18% and not less than 2...
Read More »Working class and Dems
by Peter Dorman (originally published at Econospeak) The Intersectionality that Dare Not Speak Its Name The New York Times ran a Nate Cohn piece today that epitomizes the way conventional liberals spin American politics. On the one hand we have the turnout and voting preferences of people of color—blacks, Hispanics, Asian-Americans. On the other we have whites and, in particular, the white working class. Not much happened in the 2016 presidential...
Read More »Employment in coal mining
Trump is claiming he can restore coal mining to its former glory by reversing the new regulations that Obama enacted. Obvious he has no idea what the history of employment in coal mining is. Just note that it peaked in 1923
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