27 years ago, one man stood up against a gov't that had killed thousands. https://t.co/wXsXYtmxQs #TiananmenSquare pic.twitter.com/SVpXqubktY
— Learn Liberty (@LearnLiberty) June 5, 2016
@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
Does Citizens United Protect Your Freedom of Speech?
29 May 2016 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, income redistribution, Public Choice, rentseeking Tags: free speech
Can free trade agreements help solidify emerging democracies?
24 May 2016 Leave a comment
in constitutional political economy, defence economics, international economics, Public Choice, rentseeking Tags: autocracy, customs unions, emerging democracies, free trade agreements, military coups, preferential trading agreements
Source: “Free Trade Agreements and the Consolidation of Democracy” (April 2014) American Economic Journal: Macroeconomics. American Economic Association.
Bryan Bruce’s boy’s own memories of pre-neoliberal #NewZealand @Child_PovertyNZ
23 May 2016 Leave a comment
in applied welfare economics, comparative institutional analysis, economic history, economics of regulation, income redistribution, industrial organisation, politics - New Zealand, poverty and inequality, Public Choice, rentseeking Tags: child poverty, conspiracy theories, expressive voting, family poverty, Leftover Left, living standards, neoliberalism, Old Left, pessimism bias, rational irrationality, reactionary left, top 1%
New work by Chris Ball and John Creedy shows substantial *declines* in NZ inequality.
initiativeblog.com/2015/06/24/ine… http://t.co/f94fw4Bhae—
Eric Crampton (@EricCrampton) June 24, 2015
You really are still fighting the 1990 New Zealand general election if Max Rashbrooke makes more sense than you on the good old days before the virus of neoliberalism beset New Zealand from 1984 onwards.
Source: Mind the Gap: Why most of us are poor | Stuff.co.nz.
Bryan Bruce in the caption looks upon the New Zealand of the 1960s and 70s as “broadly egalitarian”. Even Max Rashbrooke had to admit that was not so if you were Maori or female.
The present rate of technology adoption is nearly a vertical line —@blackrock https://t.co/3oS3YAI4ld—
Vala Afshar (@ValaAfshar) January 22, 2016
Maybe 65% of the population of those good old days before the virus of neoliberalism. were missing out on that broadly egalitarian society championed by Bryan Bruce.
As is typical for the embittered left, the reactionary left, gender analysis and the sociology of race is not for their memories of their good old days. New Zealand has the smallest gender wage gap of any of the industrialised countries.
The 20 years of wage stagnation that proceeded the passage of the Employment Contracts Act and the wages boom also goes down the reactionary left memory hole.
That wage stagnation in New Zealand in the 1970s and early 80s coincided with a decline in the incomes of the top 10%. When their income share started growing again, so did the wages of everybody after 20 years of stagnation. The top 10% in New Zealand managed to restore their income share of the early 1970s and indeed the 1960s. That it is hardly the rich getting richer.
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