Frederic Bastiat on the Seen and Unseen
29 May 2016 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, economics, economics of regulation, history of economic thought Tags: Frederic Bastiat
“GMO’s are Dangerous!” – Not
28 May 2016 Leave a comment
in economics of regulation, environmental economics, health economics, politics - New Zealand, politics - USA Tags: Anti-Science left, GMOs
Bryan Bruce’s boy’s own memories of pre-neoliberal #NewZealand @Child_PovertyNZ
23 May 2016 Leave a comment
in applied welfare economics, comparative institutional analysis, economic history, economics of regulation, income redistribution, industrial organisation, politics - New Zealand, poverty and inequality, Public Choice, rentseeking Tags: child poverty, conspiracy theories, expressive voting, family poverty, Leftover Left, living standards, neoliberalism, Old Left, pessimism bias, rational irrationality, reactionary left, top 1%
New work by Chris Ball and John Creedy shows substantial *declines* in NZ inequality.
initiativeblog.com/2015/06/24/ine… http://t.co/f94fw4Bhae—
Eric Crampton (@EricCrampton) June 24, 2015
You really are still fighting the 1990 New Zealand general election if Max Rashbrooke makes more sense than you on the good old days before the virus of neoliberalism beset New Zealand from 1984 onwards.
Source: Mind the Gap: Why most of us are poor | Stuff.co.nz.
Bryan Bruce in the caption looks upon the New Zealand of the 1960s and 70s as “broadly egalitarian”. Even Max Rashbrooke had to admit that was not so if you were Maori or female.
The present rate of technology adoption is nearly a vertical line —@blackrock https://t.co/3oS3YAI4ld—
Vala Afshar (@ValaAfshar) January 22, 2016
Maybe 65% of the population of those good old days before the virus of neoliberalism. were missing out on that broadly egalitarian society championed by Bryan Bruce.
As is typical for the embittered left, the reactionary left, gender analysis and the sociology of race is not for their memories of their good old days. New Zealand has the smallest gender wage gap of any of the industrialised countries.
The 20 years of wage stagnation that proceeded the passage of the Employment Contracts Act and the wages boom also goes down the reactionary left memory hole.
That wage stagnation in New Zealand in the 1970s and early 80s coincided with a decline in the incomes of the top 10%. When their income share started growing again, so did the wages of everybody after 20 years of stagnation. The top 10% in New Zealand managed to restore their income share of the early 1970s and indeed the 1960s. That it is hardly the rich getting richer.
Patents, Prizes, and Subsidies
20 May 2016 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of regulation, entrepreneurship, law and economics, property rights Tags: patents and copyright
Dr Mark Pennington – ‘Robust Political Economy’
20 May 2016 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, economics of media and culture, economics of regulation, entrepreneurship, environmental economics, industrial organisation, liberalism Tags: offsetting behaviour, The fatal conceit, The pretence to knowledge
Saving Ocean Fisheries with Property Rights
17 May 2016 Leave a comment
in applied price theory, comparative institutional analysis, economics of regulation, environmental economics, fisheries economics, industrial organisation, international economics, law and economics, privatisation, property rights Tags: common property, economics of fisheries, individual transferable quotas, tragedy of the commons
Brexit: the Movie
15 May 2016 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, economic history, economics of regulation, industrial organisation, international economics Tags: Brexit, Common market
Some prime numbers are illegal in the United States
13 May 2016 Leave a comment
in economics of media and culture, economics of regulation
The wealthy are more likely to support stricter environmental regulation
13 May 2016 Leave a comment
in economics of regulation, environmental economics, Public Choice Tags: expressive voting, rational irrationality, voter demographics
Numbers of days needed to start a business in high income countries
11 May 2016 Leave a comment
in economics of regulation, industrial organisation, law and economics, property rights Tags: barriers to entry, doing business
Buying 9 more houses than the Australians = dominating housing market says @nzherald
10 May 2016 Leave a comment
in economics of regulation, politics - New Zealand, Public Choice, rentseeking Tags: antiforeign bias, housing affordability, land supplied, rational irrationality
Chinese tax residents bought 321 Auckland properties (29.5 per cent of the total); Australian tax residents purchased 312 Auckland properties (28.6 per cent).
Utopia, you are standing in it! 
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