Good News and Bad News on the Jobs Front Arnold Kling By Arnold Kling, Aug 18 2011 SHARE POST: Investor’s Business Daily reports that employment at Federal regulatory agencies increased 5 percent between March of 2010 and March of 2011.
Aug 19 2011 Austrian Economics Roundabout Production Arnold Kling Timothy Taylor writes, Here's a table combining several studies, showing a rise in foreign value-added in exports from 18% in 1970 to 24% in 1990, 27% in 1995, and 33% by 2005. This is a sign of longer global supply chains and rising global interconnectedness. He is citing an IMF study. I would use these data to a... 2 Read More
Aug 19 2011 Family Economics What Economic Theory Doesn't Say About Family Size Bryan Caplan From David Friedman's essay "Laissez-Faire in Population: The Least Bad Solution" (1972):Additional evidence on consumer rationality can be found in secular fertility trends. Over the long term, the net cost of rearing children has been rising because of the movement away from the use of child labor (especially on the ... 2 Read More
Aug 18 2011 Politics and Economics Good News and Bad News on the Jobs Front Arnold Kling Investor's Business Daily reports that employment at Federal regulatory agencies increased 5 percent between March of 2010 and March of 2011. 2 Read More