economics of information | Utopia, you are standing in it!

Joe Stiglitz predicts

06 Apr 2020 Leave a comment

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#GMO

05 Apr 2020 Leave a comment

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Anti-science left @Greens @NZGreens @Greenpeace

01 Apr 2020 Leave a comment

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The Great Escape @Greens @NZGreens @oxfamnz @Greenpeace

31 Mar 2020 Leave a comment

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Perspectives on the Pandemic | Dr John Ioannidis of Stanford University | Interview #COVID19

30 Mar 2020 Leave a comment

by Jim Rose in economics of information, health economics Tags: economics of pandemics

Steven N.S. Cheung on the Communist economy

29 Mar 2020 Leave a comment

by Jim Rose in applied price theory, comparative institutional analysis, economics of information, history of economic thought, law and economics, Marxist economics, property rights, Public Choice, Ronald Coase, theory of the firm

From https://books.google.co.nz/books?id=_VAd-VhDlncC&pg=PA232&lpg=PA232&dq=Economic+Organization+and+Transaction+Costs+Authors+Authors+and+affiliations+Steven+N.+S.+Cheung&source=bl&ots=NhcvVq2xiD&sig=ACfU3U02P5iKFkUwlUQ5bnK5h4ETGvZmQg&hl=en&sa=X&ved=2ahUKEwjir8H1lb_oAhUT4zgGHWaMCc8Q6AEwBHoECAsQAQ#v=onepage&q&f=false

Coronavirus: Do socialists understand socialism?

29 Mar 2020 Leave a comment

by Jim Rose in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, economics of information, economics of regulation, entrepreneurship, growth disasters, growth miracles, income redistribution, industrial organisation, law and economics, liberalism, libertarianism, Marxist economics, Public Choice, public economics, rentseeking, survivor principle Tags: economics of pandemics

Spare a thought for those locked in their rooms at backpackers hotels and camping grounds #COVID19 #Hayekianknowledgeproblem

27 Mar 2020 Leave a comment

by Jim Rose in Austrian economics, economics of bureaucracy, economics of information, health economics

From https://covid19.govt.nz/government-actions/covid-19-alert-level/essential-businesses/#additional

More from Murphy and Topel on why efficiency wages theory falls down

27 Mar 2020 Leave a comment

by Jim Rose in applied price theory, economics of information, labour economics, personnel economics

From https://books.google.co.nz/books?id=T5yvCwAAQBAJ&pg=PA204&lpg=PA204&dq=Efficiency+Wages+Reconsidered:+Theory+and+Evidence&source=bl&ots=AWcByEQtA9&sig=ACfU3U3Rt-Yk3-LqjNyUhLd1zfN9DHp-XQ&hl=en&sa=X&ved=2ahUKEwiGquK9nrDoAhXmzzgGHYliC5M4ChDoATAGegQIChAB#v=onepage&q=Efficiency%20Wages%20Reconsidered%3A%20Theory%20and%20Evidence&f=false

Cabinet must be adjudicating 24/7 on which businesses stay open #COVID19 #Hayekianknowledgeproblem

26 Mar 2020 Leave a comment

by Jim Rose in Austrian economics, economics of bureaucracy, economics of information, health economics

From https://covid19.govt.nz/government-actions/covid-19-alert-level/essential-businesses/

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NOT A LOT OF PEOPLE KNOW THAT

“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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