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Channel: British economy – Utopia – you are standing in it!
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Poverty rates by age of youngest child – USA, UK, Canada and Australia

Figure 1: poverty rates by age of youngest child, 2004 Source: LIS Cross-National Data Center in Luxembourg.Filed under: economics of love and marriage, labour economics, labour supply, law and...

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Females/male earnings ratio by partner status and motherhood – USA, UK, Canada

Figure 1: Female/male earnings ratio by partner status and motherhood, 2004 Source: LIS Cross-National Data Center in Luxembourg – Wave VI; individuals with positive earnings only. .Filed under:...

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Creative destruction in London newspapers

Truth is that editorialising has v little influence – less now than ever. Here's why: specc.ie/1c58mAr http://t.co/m8UM22W0zj— Fraser Nelson (@FraserNelson) May 07, 2015Filed under: economic history,...

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Registering property in the USA, UK, Germany and France – World Bank Doing...

Figure 1: registering property rankings, USA, UK, Germany and France – World Bank Doing Business rankings, 2014 Source: Doing Business – Measuring Business Regulations – World Bank Group.Filed under:...

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A stunning aspect of The Great Escape since my parents were born

"Today, children in sub-Saharan Africa are more likely…"—Prof. Angus Deaton, @Princeton Data: buff.ly/1K2tELk http://t.co/lrTdiLi3F7— HumanProgress.org (@humanprogress) July 12, 2015Filed under:...

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How many working poor in USA, UK, Canada, Australia and New Zealand?

Figure 1: working poor – proportion of employed persons with income below the poverty line (50% of median disposable income) living in households with a working age head and at least one worker in USA,...

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NAFTA v. the Common Market: trading across the French, German, Italian,...

Figure 1: World Bank Doing Business rankings and sub rankings for trading across the French, German, Italian, British, Canadian and US borders, 2014 Source: World Bank Doing Business database; note:...

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Equilibrium unemployment rates in Canada, USA and UK, 1962 – 2016

Figure 1 suggests a lot more structural change in the Canadian and British labour market in the 1970s and 1980s. Figure 1: equilibrium unemployment rates, Canada, USA and UK, 1962 – 2016 Source: OECD...

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Trends in labour market freedom in the UK, USA, Germany and France – Index of...

The writers of the Index of Economic Freedom at the Heritage foundation really loves the USA and didn’t think much of the Conservative Party – Liberal Democratic Party coalition government because...

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Average effective retirement ages by gender, USA and UK, 1970 – 2012

Figure 1 shows a divergence in the 1970s where there is a sharp increase in the average effective retirement age for men in the UK over a short decade. After that, British retirement ages for men...

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Average effective retirement ages by gender in the USA, UK, Germany and...

Figure 1 shows a divergence from a common starting point in 1974 effective retirement ages. The French in particular were the first to put their feet up and start retiring by the age of 60 by the early...

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Hourly minimum wages before and after taxes, USA, UK, Canada, Australia, New...

Figure 1: Hourly minimum wage before and after taxes, 2013, US dollars at purchasing power parities, single-person household Source: OECD Focus on Minimum Wages after the crisis (2015). Filed under:...

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Strictness of employment protections for individual dismissals – USA, UK,...

Much easier to fire someone in the USA or UK than on continental Europe. Greece and Spain aren’t that bad by continental European standards for employment law protections against dismissals of...

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Has there been any labour market deregulation ever in the UK, Australia or...

Major deregulations and re-regulations of the labour market in Australia and New Zealand did not move the employment protection inducts around that much in figure 1. All is been quiet on the labour...

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Are there net saving from a British pull-out of the EU?

Ukip claims that there is a net saving from pulling out of EU are highly debatable: http://t.co/TemtNC9gnN— C4 News FactCheck (@FactCheck) April 02, 2015Filed under: currency unions, economic growth,...

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Tax rates on labour income across the OECD area

How high is the US #tax burden on labor? Here's an OECD comparison tax.foundation/1KojUv9 by @samcjordan_ @kpomerleau http://t.co/fSAT8ut52z— Tax Foundation (@taxfoundation) July 24, 2015 Filed under:...

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The Great Escape in England 1930 – 2001

Filed under: economic history, health economics Tagged: British economy, capitalism and freedom, child mortality, infant mortality, life expectancies, The Great Enrichment, The Great Escape

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Gender wage gap, USA, UK, Australia and New Zealand since 1970

New Zealand does much better than most on the gender wage gap for full-time workers. Figure 1: gender wage, % of median male wage, full-time employees, USA, UK, Australia and New Zealand, 1970 – 2012...

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Swedosclerosis, Eurosclerosis and the British disease compared

Figure 1 shows stark differences between Sweden, France, Italy and the UK since 1970 in departures from trend growth rates of 1.9% in real GDP per working age person, PPP. Italy did quite OK until 2000...

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What happened the last time a Labour PM was elected before Blair

Quarters following general elections tend to see decent growth – especially 1979 http://t.co/bJarqD8Etj— RBS Economics (@RBS_Economics) July 28, 2015 Filed under: economic growth, economic history,...

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