I’ve always thought that, if there’s an economic driver for Australian culture it’s the high demand for labour – exceeding supply a lot of the time – that applied in Australia from the convict period on and the resulting uppityness of workers – including convict workers judging from John Hirst’s work. That put us in the running to benefit from a virtuous cycle instead of the usual vicious one
Handle with Care: The Local Air Pollution Costs of Coal Storage. by Akshaya Jha, Nicholas Z. Muller – #23417 (EEE PE)
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Status Goods: Experimental Evidence from Platinum Credit Cards by Leonardo Bursztyn, Bruno Ferman, Stefano Fiorin, Martin Kanz, Gautam Rao – #23414 (DEV LS PE)
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Below is a spirited exchange between me and Barry Jones on deliberative democracy which I reproduce with his permission. He won’t be participating in any online debate because as he puts it
There’s a lot I don’t understand. We don’t have enough space of a proper survey but let me give you an example. Pistachios taste better than hazelnuts. Much better.
The Fall of the Labor Share and the Rise of Superstar Firms
by David Autor, David Dorn, Lawrence F. Katz, Christina Patterson, John Van Reenen – #23396 (LS PR)
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Up from Slavery? African American Intergenerational Economic Mobility Since 1880
by William J. Collins, Marianne H. Wanamaker – #23395 (DAE LS)
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My latest column for The CEO Magazine sees Scott Morrison enjoying his move to the political centre.
I still haven’t worked out whether this particular $1.5 billion a year bank liabilities tax is actually good policy. But it has at least some policy justification.
And yes, if you’ve not seen it, Annie Hall really is that good.