Bruce Bradbury's Avatar

Bruce Bradbury

@brucebradbury

An Australian economist writing on social and economic policy and outcomes. https://www.unsw.edu.au/staff/bruce-bradbury

619
Followers
542
Following
167
Posts
12.08.2024
Joined
Posts Following

Latest posts by Bruce Bradbury @brucebradbury

Preview
One in Seven: Poverty Increased After the Pandemic - Austaxpolicy: The Tax and Transfer Policy Blog Discover the key findings of the latest ACOSS-UNSW Poverty in Australia report. Learn why 1 in 7 Australians lived below the poverty line in 2022-23.

Australian poverty increasing since the pandemic.
www.austaxpolicy.com/one-in-seven... @pagdavidson.bsky.social

11.03.2026 00:26 πŸ‘ 4 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0
Preview
The Outliers Torn between two unattractive models of human civilization

"The Chinese model, if generalized, poses the genuine threat of locking all of humanity into a perpetual dictatorship...
The US has problems that are in many ways the opposite. The society harbours extraordinary centrifugal forces"
open.substack.com/pub/josephhe...

07.03.2026 00:44 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Preview
AI is a bureaucratic technology. So is fighting war. What happens when AI slop hits targeting systems and civil liberties?

"The dystopias we ought fear will be less like 1984 with its all seeing Big Brother, and more like Terry Gilliam’s Brazil, in which a bug caught in a teleprinter results in the wrong person being targeted and tormented." www.programmablemutter.com/p/ai-is-a-bu...

04.03.2026 02:15 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Moon exiting eclipse. Red with white on one edge

Moon exiting eclipse. Red with white on one edge

Coming out...

03.03.2026 12:23 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

On "cognitive surrender" to AI text. "confident outputs are treated as epistemically authoritative, lowering the threshold for scrutiny" (Shaw and Nave)

02.03.2026 01:22 πŸ‘ 2 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Screenshot with "25% chance of at least 0mm of rain"

Screenshot with "25% chance of at least 0mm of rain"

And 75% chance of ??. The Australian Bureau of Meteorology continues its war on probability.

28.02.2026 23:57 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Preview
Postdoctoral Fellow in Sociology The Swedish Institute for Social research (SOFI) is part of the Faculty of Social Sciences at Stockholm University. The institute is an internationally leading research institute in the field of socia

My colleagues at the Swedish Institute for Social Research, Social Policy unit, are seeking a postdoc for 2-3 years. Great opportunity! su.varbi.com/en/what:job/...

26.02.2026 09:00 πŸ‘ 17 πŸ” 18 πŸ’¬ 0 πŸ“Œ 0

Abstract submissions close tomorrow!

26.02.2026 03:54 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Increase in wealth within each age group. Among those under 35, the wealth of the top 10% has increased by 126% since 2003, vs 39% for the lowest 60%. (For other age groups, greater increases at the top - but the difference is smaller)

Increase in wealth within each age group. Among those under 35, the wealth of the top 10% has increased by 126% since 2003, vs 39% for the lowest 60%. (For other age groups, greater increases at the top - but the difference is smaller)

Yes. From our Inequality report: povertyandinequality.acoss.org.au/wp-content/u...

24.02.2026 12:04 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Preview
A β€˜terrible’ system for young people: Tax reform architect pleads for real reform Bill Kelty was instrumental to the tax reforms of the 1980s and 1990s. He says old people like himself don’t need more out of the tax system.

More nonsense from the HIA on capital gains taxes in Australia. Taxing capital gains from land value appreciation won't discourage investment in dwellings. We could even use the revenue to directly subsidise new housing by reducing utility development fees. www.smh.com.au/politics/fed...

23.02.2026 21:35 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Line chart showing the total number of JobSeeker Payment and Youth Allowance (Other) recipients from March 2019 to January 2026

Line chart showing the total number of JobSeeker Payment and Youth Allowance (Other) recipients from March 2019 to January 2026

JobSeeker Payment and Youth Allowance (Other) recipients as at January 2026: 1,018,495 (up from 1,009,370 in December).
The <25 and 25-34 years age groups are up 10% since January 2025 (female recipients in these age groups up 11% and 12% respectively).
data.gov.au/data/dataset...

20.02.2026 04:16 πŸ‘ 8 πŸ” 5 πŸ’¬ 1 πŸ“Œ 0
Preview
Death tax? Property tax? Four ideas that could offset inheritance inequality in Australia How do we solve the predicted entrenched disparity arising out of the great wealth transfer? We ask economists for their suggestions

www.theguardian.com/society/2026...

20.02.2026 01:15 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Post image

Just how spot on was Jon Kudelka.

Pure and simple genius. #auspol

18.02.2026 04:28 πŸ‘ 499 πŸ” 186 πŸ’¬ 4 πŸ“Œ 3
Preview
A Guide to Which AI to Use in the Agentic Era It's not just chatbots anymore

Every few months, I write an updated, idiosyncratic guide on which AIs to use right now.

My new version has the most changes ever, since AI is no longer just about chatbots. To use AI you need to understand how to think about models, apps, and harnesses. open.substack.com/pub/oneusefu...

18.02.2026 01:50 πŸ‘ 129 πŸ” 30 πŸ’¬ 5 πŸ“Œ 8
Preview
Understanding Poverty, Inequality and Social Disadvantage in Australia | UNSW Understand social disadvantage and inequality in Australia with UNSW. Learn about the causes of poverty and how to drive positive social impact.

Our online short course on Understanding Poverty, Inequality and Social Disadvantage in Australia is running again in May. More information at www.unsw.edu.au/study/profes...

16.02.2026 03:33 πŸ‘ 0 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0

Note: The submission website is just setup for single paper submissions. If you want to submit a symposium, submit the individual papers to the system and email the organisers directly about the symposium suggestion.

13.02.2026 01:41 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Come join us in Meeanjin (Brisbane) for the next Australian Social Policy Conference!

10.02.2026 03:18 πŸ‘ 6 πŸ” 3 πŸ’¬ 1 πŸ“Œ 0

Or could it be that criminals get worse at committing crime after having cancer, are more likely to get caught, and thus recorded in the crime statistics? This would also be associated with severity of cancer/survival probability.

05.02.2026 10:00 πŸ‘ 2 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Post image

Look at how being diagnosed with cancer impacts people's involvement in crime!

04.02.2026 18:45 πŸ‘ 119 πŸ” 41 πŸ’¬ 11 πŸ“Œ 28

(Actually 'baby boomers' is too broad. Probably only those born between 1953 and 1960)

02.02.2026 05:53 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

This will mean something to baby boomers from Sydney.

02.02.2026 02:28 πŸ‘ 1 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
Street poster advertising The Angels, Dragon and Mi-Sex on at Selina's 7 February

Street poster advertising The Angels, Dragon and Mi-Sex on at Selina's 7 February

At Selina's on 7 Feb. But which year?

02.02.2026 01:31 πŸ‘ 1 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

New GC-CUNY Stone Center Working Paper by Max Longmuir. "Overall, this study highlights the critical interaction between financial wealth, investment behavior, and inequality dynamics."
πŸ‘‡πŸ‘‡πŸ‘‡

24.01.2026 19:43 πŸ‘ 3 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
David Byrne and band performing Burning Down the House in Sydney, 21 January 2026. (In strong red light with Byrne and two others spotlighted in white)

David Byrne and band performing Burning Down the House in Sydney, 21 January 2026. (In strong red light with Byrne and two others spotlighted in white)

"Burning down the house"

21.01.2026 23:42 πŸ‘ 5 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
Preview
Rob Hirst was a force of nature, a born showman who led Midnight Oil from the back Phenomenal drummer and percussionist was an equally accomplished songwriter who embodied the band’s bloody-minded spirit

I wrote this some time ago - with all of us knowing this day would come, and Rob, of course, fighting like the bloody-minded bastard he was to the very end. He irrevocably changed my life - and how our country saw itself. www.theguardian.com/music/2026/j...

20.01.2026 07:16 πŸ‘ 305 πŸ” 104 πŸ’¬ 21 πŸ“Œ 8
Post image

At our next Inequalities Seminar, we are joined by Markus JΓ€ntti πŸ’‘

He explores the welfare implications of both inter- and intragenerational mobility and, once family incomes are introduced, assortative mating.

🎟️ Attend in-person: buff.ly/5rtmc94
πŸ’» Attend online: buff.ly/cCavMly

20.01.2026 12:59 πŸ‘ 3 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Monopsony, Markdowns, and Minimum Wages
Ester Faia, Benjamin Lochner, Benjamin Schoefer #34699

Abstract:
This paper presents the first direct test of two interlinked predictions at the core of the monopsony theory of the labor market: (i) that firms exploit wage-setting power by marking down wages below the marginal revenue product of labor, and (ii) that exogenous wage constraints, if binding, eliminate markdowns. Our research design revisits the 2015 introduction of a high minimum wage in Germany. Drawing on a monopsony model, we derive an empirically tractable difference-in-differences specification that provides a quantitative benchmark for the firm-level markdown response. Our main result is that empirical markdowns respond only 0–25% as much as the monopsony model would have predicted. Hence, at least for the labor market segment we study, (i) markdowns largely reflect other distortions than monopsony, (ii) markdowns are mismeasured, (iii) minimum wages induce widespread labor shortages, or (iv) the standard monopsony model does not provide a full, realistic account of ! the labor market.

Monopsony, Markdowns, and Minimum Wages Ester Faia, Benjamin Lochner, Benjamin Schoefer #34699 Abstract: This paper presents the first direct test of two interlinked predictions at the core of the monopsony theory of the labor market: (i) that firms exploit wage-setting power by marking down wages below the marginal revenue product of labor, and (ii) that exogenous wage constraints, if binding, eliminate markdowns. Our research design revisits the 2015 introduction of a high minimum wage in Germany. Drawing on a monopsony model, we derive an empirically tractable difference-in-differences specification that provides a quantitative benchmark for the firm-level markdown response. Our main result is that empirical markdowns respond only 0–25% as much as the monopsony model would have predicted. Hence, at least for the labor market segment we study, (i) markdowns largely reflect other distortions than monopsony, (ii) markdowns are mismeasured, (iii) minimum wages induce widespread labor shortages, or (iv) the standard monopsony model does not provide a full, realistic account of ! the labor market.

"... the standard monopsony model does not provide a full, realistic account of the labor market."
#EconSky
www.nber.org/papers/w34699

19.01.2026 09:41 πŸ‘ 13 πŸ” 3 πŸ’¬ 3 πŸ“Œ 0
Preview
Airing my grievances with wellbeing science We have a streetlight problem

if i could make you read ONE (1) single post to improve your understanding of the challenges of social science in general it would be this one from @markfabian.bsky.social about wellbeing science specifically

profmarkfabian.substack.com/p/airing-my-...

19.01.2026 09:35 πŸ‘ 101 πŸ” 32 πŸ’¬ 11 πŸ“Œ 12

Would his PhD have passed its 'ethics' review?

16.01.2026 06:40 πŸ‘ 2 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Preview
The Wage Compression that Persisted A few of years back, my coauthors David Autor and Annie McGrew discovered something out of character for the modern U.S.

New Substack post: The wage compression that persisted.

arindube.substack.com/p/the-wage-c...

15.01.2026 03:27 πŸ‘ 43 πŸ” 20 πŸ’¬ 2 πŸ“Œ 4