Spain Is Not A Federation: Autonomous Communities of Spain Explained
09 Oct 2017 Leave a comment
in constitutional political economy, Public Choice Tags: Spain
.@uklabour is losing the working class
06 Oct 2017 Leave a comment
in Public Choice Tags: British politics
Why does @SenSanders lie about waiting lists in Canadian healthcare?
06 Oct 2017 Leave a comment
in economics of bureaucracy, health economics, politics - USA


Yes Prime Minister. Tobacco.
05 Oct 2017 Leave a comment
in economics of bureaucracy, health economics, Public Choice, television Tags: economics of smoking, Yes Prime Minister
Yes Minister. A full independent enquiry.
30 Sep 2017 1 Comment
in economics of bureaucracy, Public Choice, television
#Morganfoundation @top_nz do not understand the transitional gains trap
25 Sep 2017 Leave a comment
in applied price theory, economics of regulation, politics - New Zealand, rentseeking, urban economics
It is unfortunate that the Morgan foundation economists and purported economists do not understand the concept of rent capitalisation when discussing tax concessions for housing in New Zealand.
The classic example is how restrictions on supply result in the capital value of taxi licenses going up, and now through Uber, collapsing.

The same goes with a tax concession for any particular asset. The value of the tax concession will immediately capitalise through a spike in prices.

After that, the underlying trend price growth will continue. For housing prices to continually rise, there must be a restriction on the supply of land. Tax treatment changes will only result in transitory price spikes.

There is nothing special about private homes have been an exemption from capital gains tax in New Zealand. What matters is the restriction on land supply.
Inside The Lives Of The RICH KIDS OF NORTH KOREA
24 Sep 2017 Leave a comment
in economics of bureaucracy, income redistribution, Public Choice, rentseeking Tags: North Korea
Angela Merkel’s rise to power, in five steps | The Economist
24 Sep 2017 Leave a comment
in Public Choice Tags: Germany
How to Discredit a Report, Minister
11 Sep 2017 Leave a comment
in economics of bureaucracy, Public Choice, television Tags: Yes Minister
Stalin’s buzzer to stop clapping; no one wanted to be first in case they ended up shot
10 Sep 2017 Leave a comment
in economics of bureaucracy, Public Choice Tags: Stalin
#Government spending averaged 40.9% of GDP in OECD countries in 2015
02 Sep 2017 Leave a comment
in economics, Public Choice, public economics


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