Category Archives: Economics and public policy

Who buys social responsibility

Is Socially Responsible Production a Normal Good?, Jana Friedrichsen This paper uses a controlled laboratory experiment to investigate the effect of wealth on individual social responsibility (ISR), defined as choosing a more socially responsible product if a cheaper alternative is available. … Continue reading

Posted in Cultural Critique, Economics and public policy | Leave a comment

Poverty and Productivity

This is a pretty weak study, but even so, it’s certainly pretty plausible that poverty depresses productivity. And the effect could be quite substantial. <irony>Which would explain why business is pretty strongly campaigning to minimise poverty in our society as part of … Continue reading

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The new income stagnation?

The latest National Accounts release confirms the lack of growth in Australian household incomes. Is this the start of a new era of stagnant incomes?  In recent years GDP has continued to increase (save for a small drop at the … Continue reading

Posted in Economics and public policy | 12 Comments

Against decentralising: why crowded is good

Note: This post was original published on 6 July 2015; I’ve updated and reposted it because the Victorian Liberal Party is now pushing a decentralisation agenda. Once again this week we’re hearing the argument that Australia would be a much better … Continue reading

Posted in Economics and public policy, Innovation, Politics - national | 43 Comments

Doing good: One door at a time

You will no doubt be familiar with a fund-raising technique involving people coming to your door and asking for money for one cause or another. No matter how good the cause or how respected and established the cause, the technique … Continue reading

Posted in Cultural Critique, Economics and public policy, Ethics | 17 Comments

Detoxing democracy 3: Bringing citizen deliberation into government administration

Cross posted at the Mandarin There is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order ofthings. Because the innovator has for enemies all those who have done well under the old order of things, and lukewarm defenders in those who may do well under the new. Niccolò Machiavelli Two forms of representation One can distinguish between two ways … Continue reading

Posted in Democracy, Economics and public policy | 4 Comments

On the Origins and Consequences of Racism

We use a novel method to measure racism at both the individual and the country level. We show that our measure of racism has a strong negative and significant impact on economic development, quality of institutions and education. We then … Continue reading

Posted in Cultural Critique, Economics and public policy, Philosophy, Political theory, Politics - international | 3 Comments