The Royal Commission concluded: The case for vaccine requirements of all kinds weakened in early 2022 with the arrival of the Omicron variant since vaccination was now much less effective in preventing COVID-19 transmission and immunity waned over time. While beneficial to the individual concerned, vaccination now offered less protection to others and the public […]
The Government didn’t move with the science around Covid
The Government didn’t move with the science around Covid
03 Dec 2024 Leave a comment
in economics of regulation, health economics, labour economics, labour supply, politics - New Zealand Tags: economics of pandemics
The Consequences of Limiting the Tax Deductibility of R&D
03 Dec 2024 Leave a comment
in applied price theory, econometerics, entrepreneurship, fiscal policy, macroeconomics, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment
We study the tax payment and innovation consequences of limiting the tax deductibility of research and development (“R&D”) expenditures. Beginning in 2022, U.S. companies are required to capitalize and amortize R&D rather than immediately deduct these expenditures. We utilize variation in U.S. firms’ fiscal year ends to test the effects of the R&D tax change […]
The Consequences of Limiting the Tax Deductibility of R&D
Canadian Town Fined and Mayor Sent for Compulsory Education After Failing to Hoist Pride Flag
03 Dec 2024 Leave a comment
in law and economics, liberalism, Marxist economics Tags: Canada, free speech, political correctness, regressive left
CBC News is reporting that the Ontario Human Rights Tribunal has ordered the small town of Emo to pay damages after failing to hoist an “LGBTQ2 rainbow flag” in celebration of Pride Month. One problem is that the town of fewer than 2000 inhabitants does not have a flagpole (though you could presumably “show the […]
Canadian Town Fined and Mayor Sent for Compulsory Education After Failing to Hoist Pride Flag
MICHAEL BASSETT: MAORI PARTY MADNESS
03 Dec 2024 1 Comment
in economic history, law and economics, liberalism, politics - New Zealand Tags: constitutional law, racial discrimination
After the mass Maori Party madness over David Seymour’s Treaty Principles Bill comes more extreme Maori make-believe. Some are now calling the 83% of New Zealanders who aren’t Maori, “guests” or “visitors” to the country where they are citizens. Many of long standing. According to some radicals, the 83% are “manuhiri”, a word traditionally used…
MICHAEL BASSETT: MAORI PARTY MADNESS
Another corporate welfare failure
02 Dec 2024 Leave a comment
in applied price theory, comparative institutional analysis, energy economics, entrepreneurship, environmental economics, financial economics, global warming, income redistribution, industrial organisation, politics - New Zealand, Public Choice, rentseeking, survivor principle Tags: climate alarmism
The Herald reported: The Government has $115 million at risk from the collapse of SolarZero. Finance Minister Nicola Willis said she was seeking urgent advice on the SolarZero situation. She had no further comment. NZ Green Investment Finance – a “green investment bank” created by the previous Government to fund environmentally-friendly businesses – made a $145m…
Another corporate welfare failure
Creative destruction
02 Dec 2024 Leave a comment
in economic history, economics of media and culture Tags: creative destruction
Time for Starmer to Be Honest About What Net Zero Means: Rationing, Blackouts and Travel Restrictions in the Next Five Years
02 Dec 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics, urban economics Tags: British politics
The shamble at COP demonstrates that the world is moving away from the idea that hydrocarbons can be removed from a modern economy. But an accident of recent electoral politics has left Britain with a fanatical Government of Net Zero zealots. The anti-working class Labour party was returned to power with a popular vote count less than its losing Marxist leader obtained in 2019. The U.K. FIRES work demonstrates what lies in store. A resurgent America bounding ahead on cheap energy and unleashed entrepreneurial spirits will contrast with its European allies shutting down industrial manufacturing in pursuit of an increasing unpopular state-mandated doomsday cult.
Time for Starmer to Be Honest About What Net Zero Means: Rationing, Blackouts and Travel Restrictions in the Next Five Years
A sensible move by Ministry of Health
01 Dec 2024 Leave a comment
in health economics, politics - New Zealand Tags: regressive left
The Ministry of Health announced: The Ministry of Health is today releasing an evidence brief and position statement on the use of puberty blockers for gender identity issues and outlining a more cautious approach to their use. The evidence brief shows a lack of good quality evidence to back the effectiveness and safety of puberty […]
A sensible move by Ministry of Health
Seatbelts for a 5 km/hr Santa parade
01 Dec 2024 Leave a comment
in economics of bureaucracy, economics of regulation, health and safety, labour economics, labour supply, politics - New Zealand, Public Choice Tags: nanny state, road safety
NewstalkZB report: Santa and his elves must wear seatbelts for Christchurch’s Christmas parade following new health and safety advice – a move labelled by some city councillors as “woke nonsense” and “over the top”. Christchurch’s Christmas Show Parade director Jason Reekers said an audit of the parade’s floats recommended installing seatbelts on some of them. …
Seatbelts for a 5 km/hr Santa parade
Appalling behaviour by Public Health Te Waipounamu
01 Dec 2024 Leave a comment
in economics of regulation, health economics, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights Tags: nanny state, regressive left
It is no surprise that the Government is reducing the number of public health staff members, when they are spending their time on opposing resource consent applications for a McDonalds in Wanaka, rather than oh preventing the current whooping cough epidemic. Around half the public health staff (those who deal with infectious diseases) do amazing […]
Appalling behaviour by Public Health Te Waipounamu
So Much for the one child policy
01 Dec 2024 Leave a comment
in development economics, economic history, economics of love and marriage, growth miracles, human capital, labour economics, labour supply, law and economics, population economics Tags: China
Massachusetts has occupational licensing for fortune tellers
30 Nov 2024 Leave a comment
in economics of information, economics of regulation, human capital, industrial organisation, labour economics, labour supply, law and economics, occupational choice, occupational regulation, politics - USA, property rights, Public Choice, rentseeking Tags: cranks
Here is the link, “Prohibits fraudulently taking money by “pretended fortune telling.”” Seen referenced somewhere on Twitter.
Massachusetts has occupational licensing for fortune tellers
Usual suspects want more debt
30 Nov 2024 Leave a comment
in applied price theory, budget deficits, business cycles, economic growth, fiscal policy, labour economics, liberalism, macroeconomics, Marxist economics, monetary economics, politics - New Zealand, Public Choice, public economics, unemployment Tags: monetary policy
A group of economists have written to Nicola Willis complaining about the modest fiscal restraint imposed on the public sector. Grant Robertson grew government expenditure by $76 billion/year or a massive 7.6% of GDP, leaving NZ with a structural deficit. Many were champions of his policies or worked for him, and now they complain his […]
Usual suspects want more debt
Unauthorized Immigration and Local Government Finances
30 Nov 2024 Leave a comment
in applied price theory, econometerics, human capital, income redistribution, labour economics, labour supply, politics - USA, poverty and inequality, Public Choice, public economics Tags: economics of immigration
This paper examines how unauthorized immigration affects the fiscal health of local governments in the United States. Using detailed data on unauthorized immigrants’ countries of origin and arrival dates from the Syracuse TRAC database, we isolate immigration flows driven by social, economic, and political conditions in source countries. We predict local immigration patterns using a […]
Unauthorized Immigration and Local Government Finances
Utopia, you are standing in it! 
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