Posner and Epstein Debate the Patent System 2012
25 Aug 2019 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, economics of information, entrepreneurship, health economics, industrial organisation, law and economics, Richard Epstein, Richard Posner, survivor principle Tags: patents and copyright
The old hippies at @NZComCom force Harold Demsetz turn in his grave by using profits to assess competition. So 1960s. Died after his 1973 paper.
21 Aug 2019 Leave a comment
in applied price theory, history of economic thought, industrial organisation, law and economics, politics - New Zealand, politics - USA, survivor principle Tags: competition law

If so, you wonder how @NZComCom explains the survival of: legacy media, dot.com industries, MySpace, Yahoo, Uber, airlines and new or high fixed cost industries. More on that later
21 Aug 2019 Leave a comment
in entrepreneurship, industrial organisation, politics - New Zealand, survivor principle, theory of the firm Tags: competition law

Despite itself, @nzcomcom reveals rampant secret price discounting in the petrol cartel/oligopoly
21 Aug 2019 Leave a comment
in applied price theory, economics of bureaucracy, energy economics, entrepreneurship, industrial organisation, law and economics, politics - New Zealand, Public Choice, survivor principle Tags: cartel enforcement, cartel theory, competition law

@NZPrivacy has just increased statistical discrimination by landlords @NZHumanRights
20 Aug 2019 Leave a comment
in applied price theory, discrimination, entrepreneurship, industrial organisation, law and economics, managerial economics, organisational economics, politics - New Zealand, property rights, survivor principle Tags: offsetting behaviour, racial discrimination, statistical discrimination, The fatal conceit, unintended consequences

The hilarious freakonomics of McDonalds vs. drugs | Steven Levitt
09 Aug 2019 Leave a comment
in applied price theory, comparative institutional analysis, economics of bureaucracy, economics of crime, financial economics, industrial organisation, labour economics, labour supply, law and economics, occupational choice, poverty and inequality, Public Choice, survivor principle Tags: war on drugs
Let’s double everyone’s wage. What could go wrong?
08 Aug 2019 Leave a comment
in applied price theory, applied welfare economics, economics of regulation, industrial organisation, labour economics, minimum wage, politics - USA, poverty and inequality, survivor principle, unemployment Tags: The fatal conceit

Richard Epstein on discrimination in the marketplace
31 Jul 2019 Leave a comment
in discrimination, economics of information, entrepreneurship, industrial organisation, labour economics, labour supply, law and economics, politics - New Zealand, politics - USA, Richard Epstein, survivor principle Tags: market selection, racial discrimination, sex discrimination

@NZComCom has a very 1960s view of competition and new entry too
28 Jul 2019 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, industrial organisation, law and economics, politics - New Zealand, Public Choice, public economics, survivor principle Tags: competition law






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