07 Jun 2024
by Jim Rose
in defence economics, discrimination, economics of education, labour economics, law and economics, liberalism, Marxist economics, politics - New Zealand
Tags: Age of Enlightenment, free speech, political correctness, racial discrimination, regressive left
The following letter to the Gisborne Herald appears under the title above and the name of Eddie Tuhaka: Rawiri Waititi’s divisive comments and behaviour against the present Government, calling them a white/Pākehā Government, is racist and unacceptable. He and the rest of them did not complain when they all got their pay increase from the…
Divisive rhetoric chips away at communities
06 Jun 2024
by Jim Rose
in applied price theory, global financial crisis (GFC), great recession, industrial organisation, law and economics, macroeconomics, monetary economics, politics - New Zealand
Tags: competition law
When it comes to the question of how best to avoid a banking collapse and multi-billion dollar bailout that can drag a whole nation into depression, the best solution, according to Chicago-Stanford economist, John Cochrane, is to require banks to set aside a fraction of their own funds as reserves to cover losses they may…
Caught out! The NZ Initiative’s Article in the Herald Blaming the RBNZ for our Rip-Off Big Banks is Contradicted by its Own Expert Witness. (Willis Beware).
04 Jun 2024
by Jim Rose
in applied price theory, applied welfare economics, economic history, economics of education, entrepreneurship, human capital, labour economics, labour supply, occupational choice, politics - USA, poverty and inequality
03 Jun 2024
by Jim Rose
in discrimination, economics of education, gender, labour economics, labour supply, law and economics, liberalism, Marxist economics, politics - USA, property rights, television, TV shows
Tags: Age of Enlightenment, free speech, Gaza Strip, gender wage gap, Iran, Middle-East politics, political correctness, regressive left, sex discrimination
02 Jun 2024
by Jim Rose
in business cycles, economic history, financial economics, global financial crisis (GFC), macroeconomics, monetary economics, politics - USA
Tags: deposit insurance
When interest rates rise, the price of long-term assets falls. Consequently, when the Fed began raising interest rates in 2022, the value of bonds and mortgages dropped, causing significant accounting losses for banks heavily invested in these assets. Silicon Valley Bank went bust, for example, because depositors fled upon realizing it was holding lots of […]
Bailouts Forever
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