
HT: Lindsay Mitchell
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
27 Aug 2018 Leave a comment
in economic history, economics of crime, politics - New Zealand

HT: Lindsay Mitchell
26 Aug 2018 Leave a comment
in applied price theory, economics of crime, law and economics, politics - New Zealand, politics - USA Tags: criminal deterrence, law and order

25 Aug 2018 Leave a comment
in economics of regulation, politics - New Zealand, politics - USA, Public Choice, rentseeking, urban economics Tags: housing affordability, land affordability, land supply

24 Aug 2018 Leave a comment
in applied price theory, economics of crime, law and economics, politics - New Zealand Tags: crime and punishment, criminal deterrence, law and order
21 Aug 2018 Leave a comment
in economics of crime, health economics, law and economics, politics - Australia, politics - New Zealand, politics - USA, Public Choice Tags: marijuana decriminalisation

20 Aug 2018 Leave a comment
in economics of crime, politics - New Zealand
20 Aug 2018 Leave a comment
in economics of crime, law and economics, politics - New Zealand, politics - USA Tags: crime and punishment, criminal deterrence, law and order, three-strikes
19 Aug 2018 Leave a comment
in discrimination, politics - New Zealand, politics - USA Tags: identity politics, political correctness, racial discrimination, regressive left

17 Aug 2018 Leave a comment
in business cycles, economics of love and marriage, gender, history of economic thought, labour economics, labour supply, macroeconomics, politics - New Zealand




17 Aug 2018 Leave a comment
in economics of information, politics - New Zealand, poverty and inequality, public economics

Two words. Two words would have changed the Inequality Tower from deeply misleading to accurate. Those two words also would have greatly undermined the political narrative in the cartoon of the political powerlessness of ordinary people over housing affordability.
The response of The Spinoff to my complaint was on one aspect and ignored all the others.
The editor ran the line that capital gains taxes is the same as saying comprehensive capital gains tax. You might have been able to run that line a few years ago but not now after the capital gains tax bright line test of 2 years and now 5 years. A five-year bright line is enough to deal with speculation and changes the debate from the lack of a capital gains tax at all to a capital gains tax on the family home or farm after the death of parents and other deeply unpopular political ramifications.
The other missing word was might. It was simply wrong to claim that people will not pay taxes on the sale of their home. They might under current law.
Ironically, editor’s reply was on the day the ban on foreign sales was passed into law showing once again responsiveness of parliament to popular concerns about housing affordability. The same responsiveness to the angst of ordinary voters led to the bright line test of 2 years and now 5 years.
At bottom, if you ask a careful and scrupulous scholar such as Max Rashbrooke to sign onto your comic cartoon, you raise the bar for yourself in terms of factual accuracy in an opinion piece. If he had not co-signed the cartoon, I most likely would never have read it.
This rejoinder is in addition to my attached original complaint to The Spinoff which I also submit to the Press Council.
16 Aug 2018 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, law and economics, politics - New Zealand, property rights, Public Choice Tags: offsetting behaviour, rent control, unintended consequences

16 Aug 2018 Leave a comment
in discrimination, gender, labour economics, politics - New Zealand
16 Aug 2018 1 Comment
in politics - New Zealand, poverty and inequality, Public Choice, public economics

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