#MiltonFriedman v. @berniesanders
05 Jun 2016 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics, economics of regulation, entrepreneurship, growth disasters, growth miracles, income redistribution, industrial organisation, labour economics, macroeconomics, Milton Friedman, minimum wage, occupational choice, politics - USA, Public Choice, public economics Tags: 2016 presidential election, Leftover Left
Deirdre McCloskey on the importance of paying attention to what happened under the jackboot of neoliberalism
05 Jun 2016 Leave a comment
in applied price theory, applied welfare economics, development economics, economic history, economics of regulation, income redistribution, liberalism, Marxist economics
@NZLabour is not the worst social democratic party in the Western world
05 Jun 2016 Leave a comment
in constitutional political economy, Public Choice
HT: @Schuldensuehner
Why @jeremycorbyn is just not up to it
04 Jun 2016 Leave a comment
in constitutional political economy, Public Choice
#MorganFoundation wants frontal attack on NIMBYs
03 Jun 2016 Leave a comment
in economics, economics of bureaucracy, economics of regulation, income redistribution, law and economics, property rights, Public Choice, public economics, rentseeking Tags: congestion charges, housing affordability, land supply, NIMBYs, RMA, road pricing, zoning
Morgan Foundation wants the National party-led government to take on NIMBYs not only with more high-rises and urban intensification but congestion charges too! There is only so much courage you can expect in one term of government. Relaxing the Auckland urban limit, which will hopefully cause housing prices to stop rising in Auckland was not enough.
No softly softly catchy monkey here. No concept of winning the battles you can win.
Will @NZLabour have any list MPs in 2017 after deal with @NZGreens?
02 Jun 2016 Leave a comment
in constitutional political economy, politics - New Zealand, Public Choice Tags: 2017 New Zealand election, MMP, New Zealand Greens, New Zealand Labour Party, tactical voting
There is a memorandum of understanding agreed yesterday between the New Zealand Labour Party and the New Zealand Greens. There is some speculation that there will be more coordination over electorate votes so that the Labour Party wins more electorate seats.
Labour has five list MPs at the moment. Winning a few more electorate seats will mean that the leader of the party and a future leader may be out of parliament if there is more tactical voting.
Unless this tactical voting leads to an overhang in parliament with Labour holding more electoral seats than it is entitled to on the basis of its party vote, it seems to be shooting itself in the foot.
Hayek (1976) on the meaning of equality
31 May 2016 Leave a comment
in constitutional political economy, F.A. Hayek, income redistribution, liberalism, Public Choice Tags: capitalism and freedom, distributive justice, rule of law, social justice
Remember this every time the Left says the government invented the Internet
30 May 2016 Leave a comment
in comparative institutional analysis, economic history, economics of bureaucracy, entrepreneurship, industrial organisation, politics - USA, Public Choice, survivor principle Tags: entrepreneurial alertness, industry policy, Internet, picking roses, picking winners
Utopia, you are standing in it! 
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