Utopia, you are standing in it!

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Much has been written about the problem of antisemitism in the British Labour Party, but few commentators have attempted to contextualize ongoing revelations of anti-Jewish bigotry among party activists by providing a broader historical and intellectual analysis of antisemitism within the European Left. Jamie Palmer, a freelance writer and independent filmmaker, set out to do just…

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Originally posted on croaking cassandra:
The Reserve Bank has this afternoon released the Deloitte report into the possible leak of the OCR on 10 March, and a press statement from the Governor. I have given comments to various media outlets, but thought I should set down my assessment for the record. It is extremely disappointing that…

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I love attack ads. They actually tell you something and bring the contrasts between the candidates into sharp focus. Put another way, the firm believed that viewers should not be given too much information to put their minds and emotions to work. And Daisy Girl’s DNA has continued to provide instructions for today’s political advertising: Ronald …

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Originally posted on A Force for Good:
Economics revolves around the study of benefits and costs.  The goal of any economic action is to maximize net benefits (Total Benefits minus Total Costs).  That maximization occurs when marginal benefits (the incremental benefit achieved from one additional unit) is equal to the marginal cost (the incremental cost…

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Tourism, services exports: more underperformance

April 14, 2016

croaking cassandra

Somewhere the other day I noticed a job advert (no, I wasn’t looking) for a role in tourism policy at MBIE.  I guess one has to do a bit of a hard sell to get good policy analysts to work in such a minor area of government, but the rather over the top claims (‘high profile portfolio’, ‘make a difference to New Zealand’s economy’)  irked me a bit, so I dug out a bit of data.

The World Bank has collated data on international tourist arrivals for a huge range of countries and territories.   For these purposes, “tourist” includes most business visitors (anyone not visiting for a purpose directly remunerated from within the country visited).  The World Bank data comes with quite a few health warnings –  countries collect data in different ways, some only capture those staying in hotels for example, and I presume in the Schengen area there is…

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Oxfam has no interest in the sovereignty of small states. It supports a new form of colonialism – tax colonialism. Source: Growing international call for transparency in TPPA negotiations | Oxfam New Zealand. While Oxfam upholds the sovereign right of countries to regulate and expropriate, they do not defend the rights of those same countries …

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