Tag Archives: Economics

[unable to retrieve full-text content]What I’ve Been Doing On My Non-Summer Vacation…: some personal news…also about economists fancier than myself don’t worry :)

The Swiss ‘Vollgeld’ referendum on June 10 Tomorrow Swiss voters will decide if the central bank is to take over total control of the country’s money supply.​ The Swiss sovereign money initiative calls for all credit issued by commercial banks to be backed with real money — ‘Vollgeld’ — created by the Swiss National Bank (SNB). But although we all justifiably fear the occurrences of new financial crises, there are strong reasons to doubt ‘sovereign money’...

Gigerenzer and Taleb on behavioural economics  [embedded content] Advertisements

Labour​ market discrimination in Germany We conducted a large-scale field experiment to investigate the drivers of discrimination against second generation immigrant job applicants. To these ends, we sent thousands of applications from fictitious persons to real job openings in eight professions all over Germany. Next to job applicants’ ethnicity (German or migration background in one out of 34 origin countries), phenotype (Asian, Black, White), and...

[unable to retrieve full-text content]Causal Friday: But What About All The People Who Didn’t Declare Bankruptcy?: no, I will never get tired of either bad puns or talking about causality.

[unable to retrieve full-text content]Causal Friday: But What About All The People Who Didn’t Declare Bankruptcy?: no, I will never get tired of either bad puns or talking about causality.

Guest post by Jeff Mosenkis of Innovations for Poverty Action. We show that this East-West difference is due to girls’ attitudes, confidence and competitiveness in math, and not to other confounding factors, such as the difference in economic conditions or teaching styles across the former political border. (via Lisa Cook)  Jobs: Richard Thaler writes about the evolution of behavioral economics in AER. (Gated, but you can watch him explain it in his Nobel lecture version and slides). ...

[unable to retrieve full-text content]What I’m Reading Today: So, About The Gig Economy…: tl;dr: we waited 12 years for this????!!! (just kidding new data is always kind of fun)

[unable to retrieve full-text content]What I’m Reading Today: So, About The Gig Economy…: tl;dr: we waited 12 years for this????!!! (just kidding new data is always kind of fun)

Economics for the 21st century 1. Change the goal: from GDP growth to the Doughnut. For over half a century, economists have fixated on GDP as the first measure of economic progress, but GDP is a false goal waiting to be ousted. The 21st century calls for a far more ambitious and global economic goal: meeting the needs of all within the means of the planet. Draw that goal on the page and – odd though it sounds – it comes out looking like a doughnut … 2. See...