New Zealand’s Planning Revolution: bye bye RMA

Inside the reform that will change how New Zealand is built Ani O’Brien writes –  If you’ve ever tried to build a deck, subdivide a section, or watched a major infrastructure project slowly suffocate in a decade of “consenting hell,” you already know the RMA is New Zealand’s great productivity killer. For over 30 years, […]

New Zealand’s Planning Revolution: bye bye RMA

Humanity Has a Huge Surplus of Economic Misunderstanding

TweetHere’s a letter to AP Fact Check. Editor: Melissa Goldin does a deep dive into the cause(s) of the U.S. “agricultural trade deficit” (“FACT FOCUS: Trump blames Biden for the agricultural trade deficit. It’s not that simple,” December 10). To what extent is this “deficit” caused by the policies of Biden? To what extent is…

Humanity Has a Huge Surplus of Economic Misunderstanding

The Legacy of Manifest Destiny: America’s Ambitious—and Controversial—Dream

On December 2, 1845, U.S. President James K. Polk addressed Congress, advocating for the aggressive westward expansion of the United States—a philosophy widely known as “Manifest Destiny.” I first encountered the term in the 1970s when I heard it mentioned in Redbone’s song Wounded Knee. For years, however, I misheard the lyrics, thinking they sang […]

The Legacy of Manifest Destiny: America’s Ambitious—and Controversial—Dream

Greyhound racing law change is legal overreach

Oliver Hartwich writes – Let me state this clearly at the outset: I have never placed a bet on a greyhound. I have never owned a greyhound. If I were a dog, I would likely prefer a soft sofa to a hard track. I am not writing this because I have a passion for racing, […]

Greyhound racing law change is legal overreach

Greenpeace Asks a DUTCH Court to Overturn a $345 Million Dakota Pipeline Judgement

Greenpeace appears to think European courts have pre-eminence over US courts, even for events which happened in the USA.

Greenpeace Asks a DUTCH Court to Overturn a $345 Million Dakota Pipeline Judgement

Getting NZ building again

Defending Nicola, and critiquing her

Media have reported that there may be a debate between Nicola Willis and Ruth Richardson over fiscal policy. I thought it would be useful to lay out what I see as the key fiscal problem, and put context around it. Now I’m not unbiased here. Nicola I regard as a long standing friend. We were…

Defending Nicola, and critiquing her

Not surprised TPM lost the injunction

Stuff reported: Te Pāti Māori MP Mariameno Kapa-Kingi has been reinstated after an interim judgment by the High Court. The Te Tai Tokerau MP had sought the injunction against her party’s decision to expel her, claiming her expulsion breached numerous parts of the constitution. On Friday, Justice Paul Radich confirmed to Stuff that Kapa-King should be reinstated…

Not surprised TPM lost the injunction

Congressional leadership is corrupt

Using transaction-level data on US congressional stock trades, we find that lawmakers who later ascend to leadership positions perform similarly to matched peers beforehand but outperform them by 47 percentage points annually after ascension. Leaders’ superior performance arises through two mechanisms. The political influence channel is reflected in higher returns when their party controls the…

Congressional leadership is corrupt

The state of the books

Eric Crampton writes –  StatsNZ has put up its year-end accounts for the government, split out across functional areas.  Their data goes back to 2009 in the main table; I’m sure earlier data’s available somewhere in Infoshare. But sticking with the Excel sheet they’ve provided, we can lob in June-year population statistics and June quarter […]

The state of the books

Why does Labour select so few Maori for winnable general seats?

It is interesting to look at the list of Maori MPs who have won general electorates in NZ. The list is: So the breakdown by party is: Of Labour’s nine Maori MPs who won an electorate seat, five of them were in the 2020 landslide. Prior to that there had been only four. Just four…

Why does Labour select so few Maori for winnable general seats?

Productivity growth (or lack of it)

In a post last week I included this chart of the latest annual OECD data on labour productivity, expressed in PPP terms. It was grim, in a familiar sort of way. New Zealand’s overall economic performance has long been poor (the halcyon days when New Zealand was in the top 3 in the world relegated […]

Productivity growth (or lack of it)

Humphrey’s Estate and Jackson’s Experts: Supreme Court Justice Offers Surprising View of the Separation of Powers

As I discussed in yesterday’s coverage of the oral arguments in Trump v. Slaughter, the argument went poorly for those…

Humphrey’s Estate and Jackson’s Experts: Supreme Court Justice Offers Surprising View of the Separation of Powers

Antitrust at the Agencies: Meta Analysis Edition

The memorandum and order in FTC v. Meta Platforms Inc. that U.S. District Court Judge James E. Boasberg filed Nov. 18, ruling in favor of Meta, has now been followed by a Dec. 2 revised order that contained fewer redactions. The memorandum doesn’t exactly provide the law & economics analysis I would have produced, had…

Antitrust at the Agencies: Meta Analysis Edition

Three Royal Societies abandon their mission to promote global and universalist science

A Kiwi who wishes to remain anonymous (of course) sent me this link to an announcement of a meeting of three Royal (Scientific) Societies: those of New Zealand, Australia, and Canada. The screenshot below also links to two other short documents, a communiqué and a statement by the Presidents of all three Societies. The object…

Three Royal Societies abandon their mission to promote global and universalist science

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