Posted in Fun Facts, Price Controls on Mar 4th, 2021
What that image depicts is what share of an “adequate family of four budget” that a minimum wage earner would make if she worked full-time (52 weeks @ 40 hours). That budget was determined by the Bureau of Labor Statistics and included what it costs to purchase goods, rents and services, payment of personal taxes, […]
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Posted in Disingenuous, Environment, Fun Facts on Jan 15th, 2021
How many people were killed from the radiation fallout of the Fukushima Nuclear incident? … ZERO. Here is Robert Bryce: In 2013, the UN Scientific Committee on the Effects of Atomic Radiation released a report on Fukushima, which found that “no radiation-related deaths have been observed among nearly 25,000 workers involved at the accident site. […]
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Posted in Employment, Fun Facts on Jan 27th, 2017
There are over TWICE as many realtors in the US as there are automobile workers at the Big Three auto firms.
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Posted in Environment, Fun Facts on Dec 9th, 2016
Via David Gattie, because I am too lazy to update my Environmental Economics slides for my 2017 course:
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Via Coyote without comment.
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Posted in Fun Facts, trade on Oct 17th, 2016
Via the World Bank: The share of US economic activity coming from trade is about half of what it is for the rest of the world. Note that I think prior to World War 1 this was not at all the case. Do we see a rise in anti-trade Trumpism/Hillaryism around the world too? Note that I […]
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Posted in Economic Illiteracy, Fun Facts on Sep 23rd, 2016
A single American earning the minimum wage for a full-time job for a full-year (excluding ALL of the other compensation they may receive from their employer and certainly from government in the form of housing allowances, earned income tax credits, health insurance subsidies, food assistance, free education, subsidized transportation, access to infrastructure and public amenities, […]
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Posted in Fun Facts on May 16th, 2016
The U.S. is 100% reliant on imports, from Canada, of Rubidium. Time to invade. Come to think of it … I AM a paid shill … for students. I wonder why private college tuition isn’t much lower? What is the right social cost of carbon to use for policy purposes? Acemoglu on automation and the […]
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Posted in Environment, Fun Facts on May 8th, 2016
The hosts used at Catholic Mass, i.e. the Sacramental Bread, are made from wheat (and yeast, and water, and salt, and even some holy water!). Quiz question: What percentage of the acreage of wheat planted around the world for commercial/consumption purposes is GMO wheat? Answer here. Be nice to Mom today. And every day.
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From the interesting book, The Almost Nearly Perfect People, comes this one: Sweden now has some of the most generous parental leave allowance in the world, with 16 months’ leave on 80 percent of wages guaranteed by law, to be taken whenever the parents feel like it up until the child is eight years old. Without going […]
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