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Bruce Bradbury
@brucebradbury.bsky.social
An Australian economist writing on social and economic policy and outcomes. www.unsw.edu.au/staff/bruce-bradbury
98 followers41 following12 posts
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Want to find out how rich everyone is, and how you compare? Try our income and wealth calculators for Australia. povertyandinequality.acoss.org.au/income-calcu...povertyandinequality.acoss.org.au/how-does-my-...

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Love that 'lowest common denominator' podcast :-). However, I think this just confirms my prejudice against podcasts - too much fluff.

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Interesting article on machine learning and school funding. Though the tone of the article is negative, it looks like a pretty good application to me - targeting funding based on low graduation rates. (Silly to not use race data, though). www.nytimes.com/2024/10/11/u... (possibly pay walled)

Nevada Asked A.I. Which Students Need Help. The Answer Caused an Outcry.
Nevada Asked A.I. Which Students Need Help. The Answer Caused an Outcry.

The new system cut the number of students deemed “at risk” in the state by 200,000, leading to tough moral and ethical questions over which children deserve extra assistance.

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Great to see another increase in Rent Assistance. But disappointed that it seems to have only got across the line because it reduces the headline CPI. Even if this might be longstanding practice, the ABS is wrong to count it as a price decrease. Instead, it should be counted as an income increase.

Federal Labor to boost rent assistance by about $20 to ease cost of living pressures
Federal Labor to boost rent assistance by about $20 to ease cost of living pressures

Commonwealth Rent Assistance will increase by 10 per cent on September 20, as federal Labor announced more cost of living policies.

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My view: The liberal (Rawlsian) approach does have a clearer moral foundation - which I do think is important. But there are also important positive (behavioural) gaps. Not least, the question of what determines how wide people might be prepared to cast the 'veil of ignorance'.

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"there was no point at which any one person “refuted” Marxism. Serious thinkers, for the most part, just slowly drifted away from it, the way that guests at a party filter out of the living room into the kitchen, where the conversation is livelier" josephheath.substack.com/p/john-rawls...

John Rawls and the death of Western Marxism
John Rawls and the death of Western Marxism

Back when I was an undergraduate, during the final years of the cold war, by far the most exciting thing going on in political philosophy was the powerful resurgence of Marxism in the English-speaking...

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Where does the distributional impact of asset revaluations fit into this? That is, asset values being affected by _changes_ in monetary policy. Eg a fall in interest rates causes house price increases - to the detriment of those who don't hold assets.

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Reposted by Bruce Bradbury
MKmklapdor.bsky.social

JobSeeker and Youth Allowance (Other) recipients as at July 2024: 909,850. Up slightly from 908,285 in June 2024. Source: www.data.gov.au/dataset/ds-d...

Line chart showing recipients of JobSeeker Payment and Youth Allowance (Other) from March 2019 to July 2024
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Bruce Bradbury
@brucebradbury.bsky.social
An Australian economist writing on social and economic policy and outcomes. www.unsw.edu.au/staff/bruce-bradbury
98 followers41 following12 posts