The Prime Minister’s speech 10 days or so ago kicked off a flurry of commentary. No one much anywhere near the mainstream (ie excluding Greens supporters) questioned the rhetoric. New Zealand has done woefully poorly on productivity for a long time and we really need better outcomes, and the sorts of policy frameworks that would […]
The picture below is of a few paragraphs from the book The Economics of Public Issues, which I often used as a supplemental textbook when I was teaching. Now for modern day Mexico. See How Mexican Cartels Test Fentanyl on Vulnerable People and Animals: A global crackdown on fentanyl has led cartels to innovate production methods…
By Claudia Goldin. From NPR’s Planet Money.”Countries around the world have seen a jaw-dropping decline in fertility rates. In this paper, Claudia Goldin, the 2023 winner of the Nobel Prize in economic sciences, offers a new theory to help explain why (listen to The Indicator’s conversation with her back in 2021). Goldin starts by providing…
By David J. Deming, Christopher Ong, and Lawrence H. Summers. From NPR’s Planet Money. Summers was Secretary of the Treasury from 1999 to 2001, director of the National Economic Council from 2009 to 2010 and president of Harvard University from 2001 to 2006.”Obviously, there is a big fear right now that artificial intelligence will kill…
The early 1960s was a period of decolonization in Africa. European countries had come to the realization that the burden of empire no longer warranted the cost and commitment to maintain them, except in the case where it was suspected that the Soviet Union was building a communist base. One of the countries which was […]
The subtitle is New Estimates of Productivity Growth in England from 1250 to 1870, and the authors are Paul Bouscasse, Emi Nakamura, and Jón Steinsson. Abstract: We estimate productivity growth in England from 1250 to 1870. Real wages over this period were heavily influenced by plague-induced swings in the population. Our estimates account for these […]
I’ve spent the last week writing a fairly substantial review of a recent book (“Australia’s Pandemic Exceptionalism: How we crushed the curve but lost the race”) by a couple of Australian academic economists on Australia’s pandemic policies and experiences. For all its limitations, there isn’t anything similar in New Zealand. What we do have is […]
Presented Jan 30, 2025 Kia Ora. Morena. Tena Koutou, Tena Koutou, Tena Koutou Katoa. My name is Ananish Chaudhuri. I am Professor of Economics at the University of Auckland. My views are my own and not those of my employer. Thank you very much for giving me an opportunity to speak this morning.…
The 1920s immigration restrictions in the US did not affect manufacturing wages. The US immigration restrictions of the 1920s lowered the occupational standings of whites and incumbent immigrants. US counties with more immigrants excluded by the quotas of the 1920s saw increased in-migration. During the Great Black Migration of the US, black southerners moved to […]
I pretty much hate the term “systematic racism,” which is a clever rebranding by the DEI folks of the Christian concept of “original sin.” Try to tell the Church that you have behaved ethically? Doesn’t matter, you still need us to remove the stain of your original sin. Try to tell the DEI trainer you…
January 27, 2025 What is the best title given to any New Zealand legislation? My money is on the 1877 Education Act – ‘An Act to make Further Provision for the Education of the People of New Zealand’ – the People of New Zealand. So as early as the 1870s there’s the commitment to a…
So loud are the squeals from the likes of Debbie Ngarewa-Packer against the new appointments to the Waitangi Tribunal that I can only assume that Minister Tama Potaka has got things right. And that the new members are likely to shake the organisation into some sort of compliance with its mission that was set out…
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
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