Seattle’s $15 Minimum Wage is Hurting the Workers It’s Intending to Help
22 Aug 2018 Leave a comment
in applied price theory, labour economics, minimum wage, politics - USA, poverty and inequality Tags: offsetting behaviour, The fatal conceit, unintended consequences
To the Press Council on Inequality Tower 2018 @toby_etc @XTOTL @MaxRashbrooke @TheSpinoffTV
17 Aug 2018 Leave a comment
in economics of information, politics - New Zealand, poverty and inequality, public economics

Two words. Two words would have changed the Inequality Tower from deeply misleading to accurate. Those two words also would have greatly undermined the political narrative in the cartoon of the political powerlessness of ordinary people over housing affordability.
The response of The Spinoff to my complaint was on one aspect and ignored all the others.
The editor ran the line that capital gains taxes is the same as saying comprehensive capital gains tax. You might have been able to run that line a few years ago but not now after the capital gains tax bright line test of 2 years and now 5 years. A five-year bright line is enough to deal with speculation and changes the debate from the lack of a capital gains tax at all to a capital gains tax on the family home or farm after the death of parents and other deeply unpopular political ramifications.
The other missing word was might. It was simply wrong to claim that people will not pay taxes on the sale of their home. They might under current law.
Ironically, editor’s reply was on the day the ban on foreign sales was passed into law showing once again responsiveness of parliament to popular concerns about housing affordability. The same responsiveness to the angst of ordinary voters led to the bright line test of 2 years and now 5 years.
At bottom, if you ask a careful and scrupulous scholar such as Max Rashbrooke to sign onto your comic cartoon, you raise the bar for yourself in terms of factual accuracy in an opinion piece. If he had not co-signed the cartoon, I most likely would never have read it.
This rejoinder is in addition to my attached original complaint to The Spinoff which I also submit to the Press Council.
@toby_etc reply to Press Council complaint: Inequality Tower 2018 @XTOTL @MaxRashbrooke @TheSpinoffTV
16 Aug 2018 1 Comment
in politics - New Zealand, poverty and inequality, Public Choice, public economics

.
Writing to @CarmelSepuloni to confirm whether this is true
14 Aug 2018 Leave a comment
in economics of bureaucracy, economics of information, politics - New Zealand, poverty and inequality, Public Choice


Press council complaint against @TVNZ on benefit sanctions
14 Aug 2018 1 Comment
in politics - New Zealand, poverty and inequality

The Debunkers vs The Wage Gap
10 Aug 2018 Leave a comment
in applied price theory, discrimination, economics of education, gender, human capital, labour economics, labour supply, law and economics, occupational choice, poverty and inequality Tags: gender wage gap
Free To Choose 1980 – The Power of the Market – Hong Kong
08 Aug 2018 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic growth, economic history, economics of regulation, growth miracles, industrial organisation, labour economics, law and economics, Milton Friedman, poverty and inequality Tags: Hong Kong, The Great Fact
Claudia Goldin on the Quest for Career and Family
05 Aug 2018 Leave a comment
in discrimination, economic history, economics of education, gender, human capital, labour economics, labour supply, occupational choice, poverty and inequality Tags: Claudia Goldin, gender wage gap
Stossel: The End of Tipping?
01 Aug 2018 Leave a comment
in applied price theory, economics of regulation, entrepreneurship, industrial organisation, labour economics, labour supply, law and economics, managerial economics, minimum wage, occupational choice, organisational economics, personnel economics, poverty and inequality Tags: tipping
The blind spots of sociologists
30 Jul 2018 Leave a comment
in discrimination, economics of crime, economics of education, gender, labour economics, law and economics, occupational choice, poverty and inequality Tags: gender wage gap




Recent Comments