DI$UNOMICS

Everything in life is a transaction

Filtering by Category: MACROECONOMICS

011: GENDER PAY GAP IS DRIVING ME CRAZY

The Gender Pay GAP and Driving Instructors

 

“Brought out the pink Lamborghini just to race with Chyna, brought the wraith to China just to race in China” –Nicki Minaj, Rake it Up (good song, btw).

 

A very random start, I know, but all will make sense once you have downloaded this blog into your brain, and especially if you’re of #TheCulture. Anyway sha, I was pointed in the direction of an excellently presented study (http://www.reddrivingschool.com/wp-content/uploads/RED-White-Paper.pdf) on the benefits of having a career as a driving instructor, which I found had some very intriguing findings with regards to the very recent gender pay debate. Leggo!

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008: DEMAND AND SUPPLY. HOW LIFE WORKS

Economics is essential the science of choice. A lot of economic theory is based on the premise of perfect information. This is the assumption that everybody in the economy has all the info available to him or her to make the best choices. That is the most rational thing for us to do. As I’ve stated in previous posts you can influence human behaviour via the manipulation of incentive. If I told a Beyonce fan at work that I will give her front row tickets to her next show if she showed up to the next working day half a hour early what time do you think she will aim to get to work the next day?

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006: MATERNITY LEAVE

As a man, the ins and outs of maternity leave doesn’t tend to be high up in your realms of expertise (apart, of course, from the "ins and out" which got the woman there to begin with), which is why I was stunned when I stumbled across the details of the average maternity leave conditions. Those that know me may be surprised at my stance on this topic. Usually, I am highly in favour of cost/benefit analysis and economic independence of individuals. I believe that, if you want children, you shouldn’t be catered to and given housing on a discount - you should have planned for the eventuality. You are yours and your support network's problem, not the state's. The public should not have to fund the raising of your child. HOWEVER ....

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005: BREXIT - THE AFTERMATH

What I really wanted to do was the play the instrumental to 2pac's "Hit Em Up" and write a diss track for you people that voted leave. Unfortunately, that wouldn’t be as productive as it would be enjoyable! As you should know, the UK has voted to leave the EU, which has sent everybody into a frenzy. We have politicians resigning, markets crashing, heck, even England’s football team voted leave! Nobody seems to know what is going on; we have so many questions, and it seems like even those in power don’t have a clue! So the purpose of this post is to help answer some of the questions I have seen flung about social media and the news.

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