#Seinfeld: The Apartment (#RentControl) @Maori_Party @FoxMarama
06 Sep 2016 Leave a comment
in applied price theory, applied welfare economics, economics of regulation, television Tags: rent control, Seinfeld
Seatbelt usage must have gone up big time in Japan since I live there
03 Sep 2016 Leave a comment
in economics of regulation, transport economics
You cannot even find that seatbelt in taxis because they have been pushed under the seat so that the locals did not have to sit on them. Not much point wearing a seatbelt if the passenger in the rear comes flying past you in the accident.


Nanny state protects us from late-night fast food
28 Aug 2016 Leave a comment
in applied welfare economics, economics, economics of regulation Tags: nanny state
.@NZGreens do not understand business: minimum wage for contractors version
25 Aug 2016 Leave a comment
in applied price theory, applied welfare economics, economics of regulation, industrial organisation, labour economics, politics - New Zealand, poverty and inequality, survivor principle Tags: expressive voting, market process, New Zealand Greens, price signals, rational irrationality, The meaning of competition
The Greens are most upset that a Labour party private members bill to specify a minimum wage for contractors was voted down by one vote in parliament yesterday.
If you earn than the minimum wage as a contractor, that is a signal wrapped in an incentive. Your poor hourly earnings is a signal to you that maybe you should get out of that contracting business and go back to being an employee where you will be paid at least the minimum wage.
Many small businesses make no profits at all in the first year or so as they build the business. The founders of the business get by on savings, which they anticipated when they drew up their business plan. No one expects a business to make an immediate profit or always be profitable.
Contractors are entrepreneurs chancing their arm. They need crisp signals about whether they are succeeding, failing or could succeed if they try harder or do something different. A minimum wage for contractors masks those important market signals of success and failure.
If your dream of owning your own business is not even paying the minimum wage, maybe it is time to get out of the contracting business.
The consequences of lifestyle taxes in Australia
24 Aug 2016 Leave a comment
in applied welfare economics, economics, economics of information, economics of regulation Tags: meddlesome preferences, nanny state
Free speech is supposed to sting like a bee
21 Aug 2016 Leave a comment
in constitutional political economy, economics of regulation, liberalism, libertarianism Tags: free speech, political correctness
The dangers of GMOs @GreenpeaceNZ
20 Aug 2016 Leave a comment
in economics of regulation, health economics Tags: Anti-Science left, GMOs
The queen of the anti-science Left @drjillstein
19 Aug 2016 Leave a comment
in defence economics, economics of regulation, energy economics, environmental economics, health economics, politics - USA Tags: Anti-Science left
Just how anti-science are the Australian @Greens?
08 Aug 2016 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of media and culture, economics of regulation, energy economics, environmental economics, global warming, growth disasters, growth miracles, health economics, politics - Australia, politics - New Zealand, Public Choice, rentseeking, technological progress Tags: Anti-Science left, anti-vaccination movement, atomic energy, Australian Greens, climate alarmism, coal, fluoridation, global warming, GMOs, New Zealand Greens, nuclear power, The Great Enrichment, The Great Escape, The Great Fact, vaccinations, vaccines
Source: Denying Problems When We Don’t Like the Solutions | Duke Today
I am not sure that the Australian Greens earn brownie points for referring to the scientific consensus on global warming as follows
Current global climate change is primarily caused by human activities contributing to increased concentrations of greenhouse gases in the atmosphere, and is already contributing to disruption of human societies through sea level rise, extreme weather events, desertification, harm to health, wellbeing and other effects. This is the overwhelming consensus of the international scientific community.
The Greens then give their opponents a free kick regarding their views on coal:and their commitment to science-based risk policy:
No new coal-fired power stations or coal mines, and no expansions to any existing power stations or mines, plus the development of programs to assist coal-dependent communities to make the transition to other more sustainable sources of economic prosperity.
There is no attempt to refer to science to justify this blanket prohibition against a specific energy source.
The views of the Australian Greens is no more science based on atomic energy:
- The world should be free of nuclear weapons and the nuclear fuel chain.
- There is a strong link between the mining and export of uranium and nuclear weapons proliferation.
- The use of nuclear weapons, nuclear accidents or attacks on reactors pose unacceptable risk of catastrophic consequences.
- Future generations must not be burdened with dangerous levels of radioactive waste.
- Nuclear power is not a safe, clean, timely, economic or practical solution to reducing global greenhouse gas emissions.
If there is any basis in science with this blanket opposition, I am sure the Australian Greens might have mentioned it.
Do the Australian Greens refer to the scientific consensus on GMOs in their policy platform as a helpful reminder or is there just have an ever rising demand for more evidence
- Genetically modified organisms (GMOs), their products, and the chemicals used to manage them may pose significant risks to natural and agricultural ecosystems.
- GMOs have not been proven safe to human health.
- Scientific evidence produced independently from the developers and proponents of the GMO must be undertaken and form the basis for assessing and licensing of GMOs. GMO assessments must be broad, independent and scientifically robust.
- The precautionary principle must be applied to the production and use of GMOs.
Unlike the New Zealand Greens, at least they do not simply reject the possibility of GMOs, the Australian Greens prefer the tactic of never being satisfied by the evidence.
The only thing I can find on the position of the Greens on fluoridation and vaccines is from a Victorian upper house MP who is half sensible on these issues. On fluoridation she says on behalf of the Greens
The Greens policy is quite clear on this. We do not have a policy for or against fluoride. Our policy supports the right of communities to determine the introduction of fluoride into local water supplies.
Not expressing the opinion on the wisdom of not putting fluoride in local water supply hardly shows a strong commitment to science-based public health policy.
On vaccines, this Victorian upper house green MP is not too bad at all:
I want to begin by stating that the Greens join health and scientific experts in absolutely supporting vaccination as a safe, proven and critical preventative health measure. The elimination of horrific diseases such as polio in Australia is testament to the incredible effectiveness and importance of vaccines…
There is also a group of people who might be called ‘hesitators’. They are not strongly opposed to vaccination, but they have heard that there might be some risks and they are thus unsure about them. These people do not perceive a strong risk of their child contracting any of the horrible diseases that immunisation prevents, so they think that on balance it might be reasonable not to vaccinate or to delay vaccination until their child is older or they simply have not yet made a decision either way. Hesitating parents may not realise that in some areas the local vaccination rate is getting well below safe levels and thus the risk of an outbreak is increasing.
This is far better than her New Zealand counterparts who do not seem to have an opinion on this vital public health issue. Indeed, the New South Wales Greens moved in the state parliament to tighten up a bill on exemptions from vaccinations.
Changes to the NSW Public Health Act in 2013 prohibited unvaccinated children from attending childcare unless their parents held “a personal, philosophical, religious or medical belief involving a conviction that vaccination under the National Immunisation Program should not take place” and they had discussed the matter with their GP”. The NSW Greens moved an amendment to remove personal, philosophical and religious beliefs as a grounds for exemption. This is one of the few times I can say something nice about a green MP.
Many on the right have their doubts about climate change science, much of which is actually delivered driven by solution aversion.They do not like the costs of the solution so they attack the rationale for it for tactical reasons. Cass Sunstein explains:
It is often said that people who don’t want to solve the problem of climate change reject the underlying science, and hence don’t think there’s any problem to solve. But consider a different possibility: Because they reject the proposed solution, they dismiss the science. If this is right, our whole picture of the politics of climate change is off.
The Left picks and chooses which scientific consensus as it accepts. The overwhelming consensus among researchers is biotech crops are safe for humans and the environment. This is a conclusion that is rejected by the very environmentalist organisations that loudly insist on the policy relevance of the scientific consensus on global warming.
What is worse is this rejection of science is not based on solution aversion; that the costs are high. It is a plain rejection of science on principle by the green left rather than for tactical reasons such as by the right on global warming.
What is more worrying is all the science that is rejected by the left will make us more prosperous. Only when the solutions make is poorer does the green left support them such as with global warming and carbon taxes.
In many ways what divides the left and right onn science is a question of values: the value placed on progress, on the Great Enrichment, on the Great Fact and on the Great Escape.
The Greens are no more than a reincarnation of the 19th century British Tory Radicals with their aristocratic sensibilities that combined strong support for centralised power with a paternalistic concern for the plight of the poor:
- 19th century Tory radicals opposed the middle classes and the aesthetic ugliness they associated with an industrial economy; and
- Like the 19th century Tory Radicals, today’s green gentry see the untamed middle classes as the true enemy.
Many Greens think they are expressing an entirely new and progressive philosophy as they mouthed the same prejudices as Trollope’s 19th century Tory squires; attacking any further expansion of industry and commerce as impossibly vulgar, because it was
ecologically unfair to their pheasants and wild ducks.
Neither the failure of the environmental apocalypse to arrive nor the steady improvement in environmental conditions because of capitalism has dampened the ardour of those well-off enough to be eager to make hair-shirts for others to wear.
True to its 1960s origins, environmentalism is a mix of bureaucrats and hippies: a global, little-brother government that keeps the lower classes in line and a back-to-the-earth localism imposed on others but presenting no real threat to the inner city green elites’ comfortable middle class lives.
Where will land come from 4 @NZGreens housing plan? @GarethMP
05 Aug 2016 Leave a comment
in applied price theory, economics of regulation, politics - New Zealand, urban economics Tags: Auckland, housing affordability, land supply, New Zealand Greens, RMA, The fatal conceit, zoning
The Greens are at it again proposing to build 100,000 affordable houses without ever explaining where the additional new land will come from.
There would have to be an amendment to the proposed Auckland unitary plan to free up more land for there to be a net increase in the supply of land in Auckland.
Unless there is that such amendment, a government plan to build 100,000 affordable houses in Auckland and elsewhere will simply be competing for the same fixed supply of land. If the supply of land is constrained from expanding by much, the only thing that will happen is that the price will go up with more money chasing the same amount of land and housing.
Just how anti-science are the @NZGreens?
01 Aug 2016 2 Comments
in economics of regulation, environmental economics, global warming, health economics, politics - New Zealand, Public Choice, rentseeking Tags: Anti-Science left, anti-vaccination movement, climate alarmism, fluoridation, global warming, GMOs, New Zealand Greens, vaccinations, vaccines
One out of four for accepting the consensus position in the sciences of climate change, GMOs, vaccines and fluoridation. A rather disappointing scoreboard for the New Zealand Greens.
Let us start with the good: the position on climate science from the Greens policy platform:
We must act according to credible science on climate change, which demands urgent action to reduce greenhouse gas emissions as soon as possible, and sustained action to safely remove excess greenhouse gas from the atmosphere.
Let us move on to the bad which is GMOs, quoting from their platform
The Green Party believes that Genetic engineering should occur within a contained laboratory setting only. Our food and our environment must be kept GE Free. To this end, the Green Party will:
Ban the commercial release and field trials of GE organisms.
Prohibit field-testing or production of GE foods within New Zealand.
Work towards a ban on GE food imports.
Require safety testing for any imported GE food or commodity that is allowed to enter the New Zealand food supply.
Allow gene technology in secure containment to continue to be used subject to assessment by the Environmental Risk Management Agency.
Now let us move on to the ugly which is vaccinations, again quoting from their platform, which is not to mention it at all. Greens health spokesman Kevin Hague said
Our official position is influenced by the fact that we do not have a firm policy on it as we don’t have consensus from our members. However there are some key points on which we all do agree;
- Immunisation is an individual medical choice, and should never be mandatory. Nor should it be promoted in a way that makes people feel pressured into being immunised, or immunising their children.
- Parents should have access to impartial information which provides them with information about the risks and benefits of immunisation, so that all individuals (and parents in the case of children) can make an informed decision about immunisation.
- Parents should not be penalised for not immunising their children, nor should there be incentive payments or rewards or access to other goods and services, or any linking of immunisation to benefit entitlement.
- Some parents will choose to have their child immunised against some diseases, but not others. No parents should be forced to make a decision between their child having all immunisations or having none.
That strike two so now let us move on to the decidedly ugly which is fluoridation
The presumption that parents know the best interests of their children requires very strong evidence before it is overturned. Of course, you do not have too tolerate their unvaccinated children coming to school to infect your children. It is another thing for the Green Party of New Zealand to see both sides of the fluoridation argument:
C. Fluoridation of Community Water Supplies
The issue of fluoridating community water supplies requires a difficult balance between the public health effects and the rights of individuals to opt out altogether or avoid excessive intake. The Party membership has indicated that when considering fluoridation proposals, the Green Party caucus shall:
- Have particular regard to the public health benefits of fluoridated community water supplies.
- Have particular regard to the potential public health risks of excessive fluoride consumption via community water supplies.
- Have regard for the ability of individuals to opt out.
The Green Party will:
- Support the use of ‘opt-out’ options by local authorities for residents living in areas with fluoridated public water supplies, where shown to be feasible.
- Commission an independent study on the impacts of fluoridation to public health.
- Support education initiatives to advise caregivers of the potential for babies to develop dental fluorosis when mixing formula with fluoridated water
One out of four is not good enough considering how prissy this Greens are about scientific consensus on climate change.
@metiria house prices won’t drop 40% by raising taxes, banning foreigners
27 Jul 2016 Leave a comment
in applied price theory, economics of regulation, politics - New Zealand, urban economics Tags: housing affordability, land supply, New Zealand Greens, RMA, zoning
Just increase the supply of land. Extending the capital gains tax and banning foreigners from buying land will do no good. An average house price 10 times the average income in Auckland is not a demand-side problem.

Source: Is Your Town Building Enough Housing? – Trulia’s Blog.
There are plenty of examples of US cities with different land supply restrictions but common national surges in demand for housing such as prior to the GFC. Cities with liberal land supply experienced only small increases in house prices.

Source: Regionally, Housing Rebound Depends on Jobs, Local Supply Tightness – The Long-Awaited Housing Recovery – 2013 Annual Report – Dallas Fed from Federal Housing Finance Agency; Bureau of Economic Analysis; “The Geographic Determinants of Housing Supply,” by Albert Saiz, Quarterly Journal of Economics, vol. 125, no. 3, 2010, pp. 1253–96.
The Greens should follow ACT and the Labour Party in calling for the abolition of the Auckland urban limit and changes in council finances so they can fund the necessary infrastructure quickly.




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