George Stigler (1982) on why the working class did not vote for the Green Party in the 2014 NZ election–part 3
03 Oct 2014 Leave a comment
The housing affordability crisis is the key driver of child poverty rates in New Zealand since the late 1980s
02 Oct 2014 Leave a comment
George Stigler (1982) on why the working class did not vote for the Green Party in the 2014 NZ election–part 2
02 Oct 2014 Leave a comment
George Stigler (1982) on why the working class did not vote for the Green Party in the 2014 NZ election–part 1
01 Oct 2014 Leave a comment
The Reserve Bank of New Zealand is hinting at exchange rate intervention!!
27 Sep 2014 Leave a comment
in inflation targeting, macroeconomics, monetary economics, politics - New Zealand Tags: exchange rate interventions, rules versus discretion, sterilised interventions
Uncomplicated Loyalties: Why Cunliffe and the Labour Left Cannot Win – Chris Trotter
26 Sep 2014 Leave a comment
The Key to victory: Run against Piketty-nomics, Scott Sumner | EconLog | Library of Economics and Liberty
23 Sep 2014 Leave a comment
in income redistribution, politics - New Zealand, Public Choice, rentseeking Tags: 2014 New Zealand election, Piketty
This is good news:
New Zealand’s NZX 50 Index increased 1.1 percent, driven higher by power-company stocks, after John Key won a third term as prime minister. Key, a former head of foreign exchange at Merrill Lynch & Co., led his National party to a 48 percent victory in New Zealand’s weekend election, securing the first single-party majority in the South Pacific nation’s parliament since at least 1996. The main opposition Labour Party, which wanted to introduce a tax on capital gains and raise the minimum wage, suffered its worst defeat since 1922.
Perhaps Labour got their ideas from Paul Krugman.
When right-of-center parties are elected, they generally disappoint. Although right-of-center economists favor free markets, most conservative politicians do not. Abe (Japan) and Modi (India) are two recent examples of conservatives who promised reforms and failed to come through (thus far). Fortunately New Zealand is different.
Via http://econlog.econlib.org/archives/2014/09/the_key_to_vict.html
How many countries have a reason to make an example of a Scottish application to join the EU?
17 Sep 2014 Leave a comment
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