I largely agree with Gary Becker and Richard Posner with reference to the Democrat proposal for raising the minimum wage in the USA. Despite the fact that the proposal is also supported (and to some extent, ignited to start with) by many remarkable economists, I do not think there is any undisputed, clear, evidence that the benefits would outweigh the costs, and moreover there are better alternatives that can be used towards the same (declared) goals (as, for instance, the Earned Income Tax Credit, first championed as the “negative income tax” by the late Milton Friedman; as Posner discusses in his post mentioned above, why not work towards making that more generous, since the EITC is probably a less inefficient tax than the minimum wage).
→ Read more Un nou episod din “Cum ajunge lumea pe blogul meu”
“Pareri despre Imagine a Romaniei din 1989 pana astazi-2006” (nu imi dau seama daca ai scris cu piciorul stang sau cu cel drept)
“gary becker irational” (economist de frunte la ASE- IP-ul corespunde- clar)
“europa intr-o economie mondiala bipolara” (si limba de lemn…)
“blog sebi” (sa vezi ca eu sunt primul pe lista…)
“Miyahee lyrics” (tipul asta din Ho Chi Minh City, Viet Nam- asa apare in web visit tracker-ul meu- e foarte insistent: man, this song is a piece of shit, capisci?-data → Read more
Trust me, I’m an Economist!
A recent post of Tyler Cowen on Marginal Revolution indicates three clips on YouTube from the Undercover Economist tv show on BBC2 with Tim Harford. I thought everybody could benefit from watching them:
- here’s Tim giving answers to every single problem one might have
- Akerlof’s market for lemons in practice
- Don’t take advice from “experts”
Tyler Cohen’s post mentioned above, on long-distance relationships, is very interesting in itself and it links to other great advices by Tim Harford in his Dear Economist column from The Financial Times. → Read more
www.vinul.ro
Daca pare reclama, chiar este. Am fost foarte placut surprins sa descopar site-ul revistei Connaisseur , urmarind (virtutile blogosferei!) link-urile lui Andrei Crivat si respectiv Cezar Ioan, la postul meu despre vinul anului.
→ Read more Blogging, fame and fortune
I single out two articles I’ve read recently about the new trend among bloggers and how blogging might evolve in an industry:
First an article from The Economist about “Blogging for a living”
An excerpt:
On her blog, called Dooce, Heather Armstrong chronicles her life as a disenchanted Mormon in Salt Lake City, her former career as a high-flying web designer in Los Angeles, her pregnancy and postpartum depression, and so on.
→ Read more