Bet On It reader Vanja Månborg knows a lot about rent control in Sweden. If you think Sweden is a country of thoughtful technocrats where government intervention works well, reading his guest post may make you think again. Here’s Vanja:Sweden has had rent control regulations since 1917 with less than two decades of pause between…
TweetProf. Angus Deaton Princeton University Prof. Deaton: Over the years I’ve learned much from your writings, and I regard your 2013 The Great Escape as one of the most important books published in the past 15 years. So I was quite surprised and disappointed to read that you, as you say, are now “much more…
Both Matt Nippert of the NZ Herald and Tom Hunt of The Post deserve a bouquet for their analyses of the truly remarkable deal between the Wellington City Council (WCC) and the troubled American Cinema company Reading. For this who don’t know, Reading owns a large (more than 14, 000 square metres or 1.4 hectares) […]
In the last few years, especially after I started writing for this blog, I got more than a few comments about the need for bi-partisanship, not hating out ideological, let alone political opponents. What was notable about this was that they all came from the Right of the political spectrum. The Left seem quite happy […]
A few weeks ago I joined some contemporaries by abandoning the near sixty year habit of watching nightly TV news. I dropped it because I felt it did not give me real information that I had not acquired from other media sources, including some I pay for – The Economist, the NZ Herald, The Atlantic […]
Over 20 years ago, some middling economists (cite) estimated that the Small Business Set-Aside program reduced Forest Service Timber prices by 15%. By limiting the potential pool of available bidders to only smaller lumber mills, you get less competition and worse prices. Now San Francisco is re-learning that lesson. In 2016, it refused to do…
One annoying thing about writing a Saturday column for the Stuff papers is never knowing whether a piece will show up in print.I’d thought this one was a banger. I’ll be talking about related issues tomorrow night as part of a panel for A City for People. 🟨🟪 Our speaker line up has dropped! 🟪🟨Join us on…
Last week, Housing Minister Chris Bishop gave perhaps the most important speech by the new Government since the election. In a speech to the Wellington Chamber of Commerce, he said he wanted the ratio of house prices to median household income to more than halve to between 3 and 5 over the next 10…
The Housing Theory of Everything has one of those wonderful self-explanatory titles. A good title matters. The recent and thorough essay explains how the anglosphere’s unnecessarily expensive housing affects, well, everything. Or at least almost everything.Zoning makes it too hard to build houses where people want to build. Urban containment policies block new subdivisions, so…
The Retirement Commissioner has released a paper on aspects of New Zealand Superannuation (NZS). Its focus includes affordability, fairness, age of eligibility, and the treatment of those over 65 who continue in the workforce whilst also receiving NZS. What the Commissioner does not discuss is the relationship between superannuation systems, domestic savings rates and capital […]
Inflation is having an effect on everything, even policy analysis. Back in 2013, I wrote that Phil Mickelson was “California’s One-Man Laffer Curve” because he wanted to escape the Golden State to save about $1.2 million per year in taxes. But now, when a goose that lays golden eggs wants to escape, the numbers are […]
A lot of academics who haven’t previously gone after DEI (Diversity, Equity, and Inclusion) initiatives are coming out of the woodwork to criticize the philosophy and actions of DEI. New critics include Steve Pinker, who, in his Boston Globe article on how to fix the problems of Harvard, included “Disempowering DEI” as one of the […]
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
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