Smart idea: privatise Pike River reentry including H&S liability
10 Oct 2017 Leave a comment
in economics of regulation, health and safety, labour economics, politics - New Zealand
Why does @SenSanders lie about waiting lists in Canadian healthcare?
06 Oct 2017 Leave a comment
in economics of bureaucracy, health economics, politics - USA
The Reagan Show | Theatrical Trailer | 2017 Tribeca Film Festival Official Selection
29 Sep 2017 Leave a comment
in movies, politics - USA, television Tags: Ronald Reagan
#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.
We Read Hillary’s Book So You Don’t Have To
24 Sep 2017 Leave a comment
in politics - USA Tags: 2016 presidential election, Hillary Clinton
David Niven on Marlon Brando, Humphrey Bogart & others
23 Sep 2017 Leave a comment
in movies, politics, television
Was 75% of Piketty’s class war a measurement error?
18 Sep 2017 Leave a comment
in applied welfare economics, politics - USA, poverty and inequality
Source: “Using Tax Data to Measure Long-Term Trends in U.S. Income Inequality.”
David Splinter and
Gerald Auten. Working paper for the 2017 Annual Meeting of the American Economics Association, 2016.
Newspaper political bias reflects readership, rather than the bias of owners
12 Sep 2017 Leave a comment
in applied price theory, economics of information, economics of media and culture, industrial organisation, politics - USA
.@PhilTwyford @JulieAnneGenter finest hour on housing affordability
10 Sep 2017 Leave a comment
in economics of regulation, politics - New Zealand, urban economics Tags: housing affordability, land use planning, zoning
Will @jacindaardern @nzlabour never lie about poverty and inequality trends?
06 Sep 2017 Leave a comment
in discrimination, economic history, gender, labour economics, politics - New Zealand
Labour cannot claim that incomes are falling if since the end of the recession in the early 1990s, there has been rapid income growth including for Maori and Pacifika, at least 50%.
Source: Bryan Perry, Household incomes in New Zealand: Trends in indicators of inequality and hardship 1982 to 2016. Ministry of Social Development (2017).
Income equality has been stable for several decades and consumption inequality is declining. Another area where Labour is unable to lie from now on.
Child poverty has been fairly stable for 20 years so to say it is getting worse and worse is a lie.
Real wages started growing again after the passage of the Employment Contract Act in 1993 as documented by impeccable left sources. Another area where Labour must not lie.
Our take on the latest Household Incomes in NZ report closertogether.org.nz/no-quick-escap… @MaxRashbrooke #inequality #poverty http://t.co/c1L9QHs3fi—
Closer Together (@CloserTogether) July 09, 2014
Of course, the increase in real wages and real household incomes is larger than in the measured statistics because of their well-known bias measuring new goods and better quality goods.
Goes about saying that the OECD estimates New Zealand to have the smallest gender wage gap of any of its members.
There is a hole in @NZLabour’s fiscal plan
06 Sep 2017 Leave a comment
in fiscal policy, politics - New Zealand Tags: 2017 New Zealand election
Why fact-checking can’t stop Trump’s lies
31 Aug 2017 3 Comments
in politics - USA Tags: political psychology
Utopia, you are standing in it! 
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