Source: Changes in home-ownership patterns 1986–2013: Focus on Māori and Pacific people.
NZ House price index for selected territorial authority areas, 1989–2014
09 Jun 2016 Leave a comment
in economic history, economics of regulation, politics - New Zealand, urban economics
#FeeltheBern? There’s a Cure.
09 Jun 2016 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economic history, economics of education, economics of regulation, health economics, income redistribution, industrial organisation, international economics, politics - USA, Public Choice, public economics, rentseeking Tags: 2016 presidential election, antimarket bias, crony capitalism, living wage, pessimism bias, top 1%
Is Monopoly a Justification for Government Regulation?
08 Jun 2016 Leave a comment
in applied price theory, Austrian economics, economics, economics of regulation, industrial organisation, survivor principle Tags: antitrust economics, competition and monopoly, monopoly, natural monopolies
Thomas Sowell talk in Jacksonville, FL (1993)
06 Jun 2016 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, economic history, economics of media and culture, economics of regulation Tags: Thomas Sowell
#MiltonFriedman v. @berniesanders
05 Jun 2016 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics, economics of regulation, entrepreneurship, growth disasters, growth miracles, income redistribution, industrial organisation, labour economics, macroeconomics, Milton Friedman, minimum wage, occupational choice, politics - USA, Public Choice, public economics Tags: 2016 presidential election, Leftover Left
Deirdre McCloskey on the importance of paying attention to what happened under the jackboot of neoliberalism
05 Jun 2016 Leave a comment
in applied price theory, applied welfare economics, development economics, economic history, economics of regulation, income redistribution, liberalism, Marxist economics
#MorganFoundation wants frontal attack on NIMBYs
03 Jun 2016 Leave a comment
in economics, economics of bureaucracy, economics of regulation, income redistribution, law and economics, property rights, Public Choice, public economics, rentseeking Tags: congestion charges, housing affordability, land supply, NIMBYs, RMA, road pricing, zoning
Morgan Foundation wants the National party-led government to take on NIMBYs not only with more high-rises and urban intensification but congestion charges too! There is only so much courage you can expect in one term of government. Relaxing the Auckland urban limit, which will hopefully cause housing prices to stop rising in Auckland was not enough.
No softly softly catchy monkey here. No concept of winning the battles you can win.
How big are the vice industries?
01 Jun 2016 Leave a comment
in economics of regulation, financial economics, health economics Tags: alcohol regulation, economics of smoking, entrepreneurial alertness, marijuana decriminalisation
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.
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