Where is it easiest to start a business? Explore the fully interactive map. buff.ly/1GPl5DM #progress http://t.co/YlN3vtfKpt—
HumanProgress.org (@humanprogress) June 18, 2015
Where is it easiest to start a business?
20 Aug 2015 Leave a comment
in applied welfare economics, comparative institutional analysis, economics of regulation, industrial organisation, labour economics, occupational choice, occupational regulation Tags: cost of doing business, creative destruction, entrepreneurial alertness, freedom of entry
Chances of dying in a plane crash
20 Aug 2015 Leave a comment
in economic history, economics of regulation, transport economics Tags: air crash investigations, aviation safety, The Great Escape
Why Is The NRA So Powerful
19 Aug 2015 Leave a comment
in applied price theory, constitutional political economy, economics of regulation, Public Choice Tags: competition for political influence, gun control, lobby groups, median voter theorem, rational ignorance, special interests, voter demographics
What does U.S. gun ownership really look like? Load up with #PollPosition’s @Johnnydontlike: bit.ly/1y2EMjX http://t.co/fn5EpM75U7—
(@PJTV) March 25, 2015
@NZGreens @GreenpeaceNZ Senator Leyonhjelm on the blood on the hands of the modern Luddites
19 Aug 2015 Leave a comment
in applied price theory, development economics, economic history, economics of information, economics of media and culture, economics of regulation, environmental economics, environmentalism, growth disasters, growth miracles, health economics, liberalism Tags: Anti-Science left, expressive voting, GMOs, golden rice, Greenpeace, Luddites, New Zealand Greens, precautionary principle, rational ignorance, rational irrationality, The Great Escape
Good as Gold: Can Golden Rice and Other Biofortified Crops Prevent Malnutrition? ow.ly/QQ1VT #Harvard http://t.co/O3SwpGhsXD—
Golden Rice (@Golden_Rice) August 13, 2015
INFOGRAPHICS: The Impacts of #Biotechnology: A Close Look at the Latest Study ow.ly/GUi4U @FoodInsight http://t.co/JQsmrm2Lv1—
Golden Rice (@Golden_Rice) January 07, 2015
Anti-Golden Rice keyboard
Used by opponent to debate against supporters of #goldenrice
@EcoSenseNow @Golden_Rice http://t.co/q6xt5j7hb1—
Golden Rice Now (@paulevans18) August 21, 2015
.@gpph If this girl could have eaten #goldenrice for lunch, she would not be blind today. ALLOW GOLDEN RICE NOW http://t.co/3UlwHAdWdZ—
Golden Rice Now (@paulevans18) July 29, 2015
On the inefficiency of fuel efficiency standards
17 Aug 2015 Leave a comment
in applied price theory, applied welfare economics, economics of regulation, energy economics, environmental economics Tags: fuel efficiency standards, offsetting behaviour, The fatal conceit, The pretense to knowledge, unintended consequences
The Canadians are coming! The Canadians are buying up our land! What has @NZGreens to say about that?
17 Aug 2015 Leave a comment
in economics of regulation, entrepreneurship, financial economics, politics - New Zealand Tags: Australia, Canada, China, FDI, Japan, Left-wing hypocrisy, left-wing popularism, New Zealand Greens, right-wing popularism
Canada was the largest source of foreign investment during the period, as its pension fund bought 18 properties in a portfolio from AMP and increased its stake in Kaingaroa Forest.
Shocker! EPA chief admits nature can ‘restore’ itself (but only if the EPA caused the problem)
15 Aug 2015 Leave a comment
in comparative institutional analysis, economics of bureaucracy, economics of media and culture, economics of regulation, environmental economics, industrial organisation, Public Choice, public economics Tags: constitutional law, sovereign immunity
Creative destruction in taxi rent capitalisation
13 Aug 2015 Leave a comment
in economics of regulation, entrepreneurship, industrial organisation, Public Choice, rentseeking, survivor principle Tags: creative destruction, Uber
@metiria @NZGreens child poverty is driven by housing unaffordability – by Green opposition to RMA reform
13 Aug 2015 1 Comment
in applied welfare economics, economic history, economics of regulation, labour economics, politics - New Zealand, poverty and inequality, urban economics Tags: antimarket bias, child poverty, expressive voting, family poverty, green rent seeking, housing affordability, land use planning, Leftover Left, New Zealand Greens, NIMBYs, rational ignorance, rational irrationality, RMA, zoning
#moreinclusivenz @povertymonitor Killer graphs & #infographics by NZ Children's Commissioner. Shameful content, NZ http://t.co/mG987C5kh0—
Isabella Cawthorn (@fixiebelle) July 26, 2015
Nothing much has happening to child poverty before housing costs in New Zealand since the early 1980s. It is after housing costs poverty that is crucifying the children in New Zealand.
Source: Bryan Perry, Household Incomes in New Zealand: trends in indicators of inequality and hardship 1982 to 2014 – Ministry of Social Development, Wellington (August 2015), Table F6 and table F7.
An economy that is not working for all of us, is simply not working. http://t.co/zZu0LOy7ED—
Green Party NZ (@NZGreens) August 13, 2015
From HES 2013 to HES 2014 median household income rose 5% in real terms (5% above the CPI inflation rate)…
On the AHC moving line measures, child poverty rates in HES 2014 are around the same as their peak after the GFC. A good amount of the rise from HES 2013 to HES 2014 is due to the large rise in the BHC median, as noted above, rather than a change in the numbers in low income per se.
The parties that oppose measures to increase the supply of land and reduce the cost of housing through reform of the Resource Management Act and its many restraints on the supply of land are the New Zealand Labour Party and New Zealand Greens.
Children's views on poverty #childpovertynz occ.org.nz/assets/Uploads… http://t.co/wZHJ19QcpN—
Child Poverty NZ (@povertymonitor) September 08, 2015
How @equitablegrowth showed inequality helps growth when arguing inequality harms growth
10 Aug 2015 1 Comment
in applied price theory, applied welfare economics, comparative institutional analysis, currency unions, economic growth, economic history, economics of regulation, entrepreneurship, Euro crisis, fiscal policy, global financial crisis (GFC), income redistribution, labour economics, labour supply, macroeconomics, Marxist economics, poverty and inequality, Public Choice, public economics, rentseeking Tags: British disease, entrepreneurial alertness, Eurosclerosis, France, German unification, Germany, growth of government, sick man of Europe, social insurance, Sweden, taxation and entrepreneurship, taxation and investment, taxation and labour supply, welfare state
The Washington Centre for Equitable Growth recently tweeted that inequality harms growth in the USA as compared to Sweden, France, Germany and the UK. It was relying on some dodgy OECD research.
.@OECD sees continued rise in growth-harming inequality, reports @PaulHannon29 on.wsj.com/1EZpq1S http://t.co/xt4heZysXT—
Equitable Growth (@equitablegrowth) May 21, 2015
The Washington Centre for Equitable Growth did not check their inequality ratios they tweeted against trends in economic growth and economic policy since 1970, which I have reproduced in figure 1. Germany is not included in figure 1 because German data on growth is thrown askew by German unification.
Figure 1: Real GDP per British, French and Swede aged 15-64, 2014 US$ (converted to 2014 price level with updated 2011 PPPs), 1.9 per cent detrended, 1970-2013
Source: Computed from OECD Stat Extract and The Conference Board. 2015. The Conference Board Total Economy Database™, May 2015, http://www.conference-board.org/data/economydatabase/
Figure 1 shows that France has been in a long-term decline since the late 1970s despite the blessings of a more equal society than the USA as championed by the Washington Centre for Equitable Growth. In figure 1, a flat line is growth in real GDP per working age person, PPP, at the same rate as the USA for the 20th century, which was 1.9% per year. A falling line in figure 1 indicates growth of less than 1.9% while a rising line indicates growth in real GDP per working age person, PPP, in excess of 1.9%. In figure 1, France hardly ever grew at the trend rate of growth for the USA of 1.9% per year and was frequently well below that rate.
Sweden tells a slightly different story in figure 1 because of regime change in the early 1990s when Sweden adopted more liberal economic policies where taxes and government spending were reduced:
The rapid growth of the state in the late 1960s and 1970s led to a large decline in Sweden’s relative economic performance. In 1975, Sweden was the 4th richest industrialised country in terms of GDP per head. By 1993, it had fallen to 14th.
@alexvoronov använda smygfinansiering av Generell Välfärd är alltid av ondo. @NimaSanandaji: bit.ly/1Nar2eV http://t.co/wD0YEgncIE—
Old Whig (@aClassicLiberal) August 05, 2015
That regime change reversed a long economic decline since 1970 under the egalitarian policies of the Swedish Social Democratic Party. Under the Swedish Social Democratic Party, Sweden was almost always growing at less than the trend rate of growth of the USA, which was 1.9%. That position reversed only when there was a turn away from big government and high taxes.
Figure 1 tells a similar story for the British economy: a long economic decline in the 1970s when Britain was the sick man of Europe. Under Thatchernomics, Europe had a long economic boom for 20 years or more – see figure 1.
In the 1970s, under the high taxes of the Heath, Callaghan and Wilson administrations, as figure 1 shows, Britain was the sick man of Europe. With the election of the Thatcher Government, Britain soon grew at better than the US trend growth rate for nearly 20 years through few exceptions.
Graph of the Day: The UK has among the lowest total tax rates on businesses in the G7 http://t.co/l6mMhN9yLD—
CPS Think Tank (@CPSThinkTank) August 04, 2015
Swedosclerosis and Eurosclerosis compared
10 Aug 2015 Leave a comment
in applied welfare economics, comparative institutional analysis, economic growth, economic history, economics of regulation, industrial organisation, labour economics, labour supply, macroeconomics, survivor principle Tags: Eurosclerosis, Sweden, taxation and entrepreneurship, taxation and investment, taxation and labour supply, welfare state
@GreenpeaceNZ is the zenith of the Anti-science Left in New Zealand
09 Aug 2015 Leave a comment
in economics of regulation, environmental economics, environmentalism, health economics, Public Choice, rentseeking Tags: antiscience left, expressive voting, GMOs, green rent seeking, Greenpeace, Left-wing hypocrisy, precautionary principle, rational ignorance, rational irrationality
US researchers: the idea that global warming has slowed is "no longer valid" grnpc.org/IgDMn via @BBCWorld http://t.co/bIDhaWPV3r—
(@Greenpeace) June 05, 2015
Brace yourself. Global warming is 'set to speed up to rates not seen for 1,000 years.' bit.ly/1x8TnKd http://t.co/pLTprLEiIm—
Greenpeace USA (@greenpeaceusa) March 09, 2015
Are we doomed? Global temperatures hit critical point, scientists warn. bit.ly/1DWkJq7 via @EcoWatch http://t.co/VRT7DH3stN—
Greenpeace USA (@greenpeaceusa) August 01, 2015
Adam Smith on entrepreneurial alertness
08 Aug 2015 Leave a comment
in Adam Smith, applied price theory, comparative institutional analysis, economic history, economics of regulation, entrepreneurship, industrial organisation Tags: creative destruction, entrepreneurial alertness, offsetting behaviour, The meaning of competition
Cannabis is pretty harmless by comparison
06 Aug 2015 Leave a comment
in economics of regulation, health economics, politics - Australia, politics - New Zealand, politics - USA Tags: alcohol regulation, economics of prohibition, marijuana decriminalisation, medical marijuana decriminalisation
US deaths (2013)
Tobacco 437k
Alcohol 29k
Opoids 16k
Heroin 8k
Cocaine 5k
Marijuana 0vox.com/2014/5/19/5727… http://t.co/o8yMDf7oE0—
Conrad Hackett (@conradhackett) August 04, 2015
Utopia, you are standing in it! 
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