Category Archives: Economics and public policy

The Economic Impact of Universities: Evidence from Across the Globe

One for the Clever Country culture warriors The Economic Impact of Universities: Evidence from Across the Globe by Anna Valero, John Van Reenen – #22501 (ED LS) Abstract: We develop a new dataset using UNESCO source materials on the location … Continue reading

Posted in Economics and public policy | 9 Comments

Choice, competition, markets and human services: Some thoughts

The PC has a two stage reference on increasing the application of competition, contestability and informed user choice in the provision of human services. The first stage will identify the most prospective areas for the application of such principles whilst the … Continue reading

Posted in Economics and public policy, Inequality, Philosophy, Political theory, Public and Private Goods, Society | 10 Comments

Higher inequality and comparison effects on welfare

Income inequality is associated with stronger social comparison effects: The effect of relative income on life satisfaction, Cheung, Felix; Lucas, Richard E. Abstract Previous research has shown that having rich neighbors is associated with reduced levels of subjective well-being, an effect … Continue reading

Posted in Economics and public policy | 6 Comments

Some recent papers of interest

Persistent Social Networks: Civil War Veterans who Fought Together Co-Locate in Later Life by Dora L. Costa, Matthew E. Kahn, Christopher Roudiez, Sven Wilson  –  #22397 (AG DAE HE) Abstract: At the end of the U.S Civil War, veterans had to choose whether … Continue reading

Posted in Best From Elsewhere, Economics and public policy | 3 Comments

Yes Minister: hilarious, truthful, too good to be true.

Here at Troppo we have referred to the ‘Yes Minister series’ many times because of its brilliant commentary on the timeless issues of government, exemplified in the skit above. I have gone through three phases with the series: when it … Continue reading

Posted in Cultural Critique, Democracy, Economics and public policy, Ethics, Geeky Musings, Humour, Journalism, Libertarian Musings, Life, Philosophy, Political theory, Review, Society | 9 Comments

Rescuing empathy

Economics is famous for its idea – it’s better to call it a methodological assumption of some economics – that self-interest is what drives people. But something just as evident about people – and much more unique to our species – is … Continue reading

Posted in Blegs, Economics and public policy | 6 Comments

Power, understanding and knowledge

I’m wondering why the facts and ideas generated in the abstract below aren’t higher up the order of proceedings in such things as teaching the economics of industrial organisation, the economics of information. What Hayekian has focused on this? Pathetic that I’ve not … Continue reading

Posted in Cultural Critique, Democracy, Economics and public policy, Information, Philosophy, Political theory | 2 Comments