Author Archives: Nicholas Gruen

High wages are good for growth: jobs and growth

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 … Continue reading

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From the department of ‘Wow!’: Externalities of coal storage

Handle with Care: The Local Air Pollution Costs of Coal Storage. by Akshaya Jha, Nicholas Z. Muller – #23417 (EEE PE) Abstract: Burning coal is known to have environmental costs; this paper quantities the local environmental costs of transporting and … Continue reading

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Status Goods: Platinum Credit Cards, Social Situations and Psychological Wellbeing

Status Goods: Experimental Evidence from Platinum Credit Cards by Leonardo Bursztyn, Bruno Ferman, Stefano Fiorin, Martin Kanz, Gautam Rao – #23414 (DEV LS PE) Abstract: This paper provides novel field-experimental evidence on status goods. We work with an Indonesian bank that … Continue reading

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An exchange on deliberative democracy

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 I … confess to being a total abstainer where social … Continue reading

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Weekend competition: Why (oh why?) aren’t the Liberal Democrats doing better?

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. And yet hazelnut ice cream and gelato are much much yummier than their pistachio … Continue reading

Posted in Cultural Critique, Economics and public policy, Employment, Politics - international | 15 Comments

The Labor Share and Superstar Firms

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) Abstract: The fall of labor’s share of GDP in the United … Continue reading

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Ebony and ivory: Not such perfect harmony

Up from Slavery? African American Intergenerational Economic Mobility Since 1880 by William J. Collins, Marianne H. Wanamaker – #23395 (DAE LS) Abstract: We document the intergenerational mobility of black and white American men from 1880 through 2000 by building new datasets … Continue reading

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