Tag Archives: Economics

The ‘patriotic bias’ of Ricardo’s trade theory Ricardo ging in seinem Modell des komparativen Vorteils von einem „patriotischen Bias“ aus: Er nahm an, dass weder In-vestments noch Arbeitskräfte international sonderlich mobil sind, und führt sein Argument des komparativen Vorteils für den freien Handel der Erzeugnisse unterschiedlicher Nationen bzw. Produktionsstandorte. Die heutige Globalisierung geht freilich über einen freien Güterhandel zwischen...

Guest post by Jeff Mosenkis of Innovations for Poverty Action. Results of a long-awaited and somewhat controversial evaluation of a public-private partnership to manage schools in Liberia were released yesterday by IPA and The Center for Global Development: With their education system in pretty bad shape, the Liberian government piloted the Partnership Schools for Liberia (PSL) program, which contracted out day-to-day management of some government schools to a mix of operators,...

Guest post by Jeff Mosenkis of Innovations for Poverty Action. Results of a long-awaited and somewhat controversial evaluation of a public-private partnership to manage schools in Liberia were released yesterday by IPA and The Center for Global Development: With their education system in pretty bad shape, the Liberian government piloted the Partnership Schools for Liberia (PSL) program, which contracted out day-to-day management of some government schools to a mix of operators, non-profit...

Guest post by Jeff Mosenkis of Innovations for Poverty Action. Results of a long-awaited and somewhat controversial evaluation of a public-private partnership to manage schools in Liberia were released yesterday by IPA and The Center for Global Development: With their education system in pretty bad shape, the Liberian government piloted the Partnership Schools for Liberia (PSL) program, which contracted out day-to-day management of some government schools to a mix of operators, non-profit...

August is the latest addition to the Syll-Meyer family. Four days today. And yes — Strindberg is one of our favourite writers … div{float:left;margin-right:10px;} div.wpmrec2x div.u > div:nth-child(3n){margin-right:0px;} ]]> Advertisements

[unable to retrieve full-text content]Why Do People Hate “Price Gouging” So Much? Economists, Take Note…: At least I chose a good image for my article this time. =P

Prisuppgången på bostäder i Stockholm de senaste 20 åren är unik i världen … Nu har fastighetsprofessorn Hans Lind och stockholmaren Fredrik B Nilsson skrivit boken “Att förstå bostadsmarknaden genom historien om den ofrivillige bostads-karriäristen” … I boken resonerar Hans Lind, som är professor i bygg- och fastighets-ekonomi, utifrån forskning och vetenskapliga teorier kring Stockholms bostadsmarknads historia, vilka mekanismer som drivit den och vad som kommer att ske...

Milton Friedman’s permanent income hypothesis — so wrong, so wrong Milton Friedman’s Permanent Income Hypothesis (PIH) says that people’s consumption isn’t affected by short-term fluctuations in incomes since people only spend more money when they think that their life-time incomes change. Believing Friedman is right, mainstream economists have for decades argued that Keynesian fiscal policies therefore are ineffectual. As shown over and over again for the...

[unable to retrieve full-text content]I feel like this is something that most social scientists can relate to… (See more on economistsdoitwithmodels.com.)

The government budget deficits obsession The obsession with government budget deficits since the crisis of 2008 and the subsequent recession illustrates the damage done by mistaken economic ideas. In the rich West, tens of millions of people lost jobs that could have been saved … The media focused on the politics of the budget debate, but economic ideas had a central role in the outcome. Believers in Say’s law predominated … The most prominent research was...