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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
06 Sep 2018 Leave a comment
in economics of bureaucracy, personnel economics, politics - New Zealand

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06 Sep 2018 Leave a comment
in economics of bureaucracy, personnel economics, politics - New Zealand
The average pay for an economist is about $80,000; the average pay for a sociology graduate is $60,000 according to the Careers New Zealand advice on your salary prospects for various degrees over a career.

Obviously going down market for graduates has not saved the taxpayer a single cent because they pay economists the same as non-economists despite it being easier to recruit an equally smart non-economists for less pay because they have fewer well-paid options in the rest of the labour market. It never occurred to the Treasury that changing the mix of their recruitment pool might save money!
05 Sep 2018 Leave a comment
in politics - New Zealand, public economics

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04 Sep 2018 Leave a comment
in environmental economics, global warming, politics - New Zealand

04 Sep 2018 Leave a comment
in environmental economics, global warming, politics - New Zealand

The Productivity Commission failed to mention that this is a level effect, not an annual cost. It is the reduction in the global GDP between now and a certain date such as 2060 of between 0.2% to 2%. That is the loss of between a month and a year’s global GDP between now and 2100. If you want to know the annual cost, you divide that number 40. Even a cost of 2% of global GDP divided by 40 is a tiny number.
29 Aug 2018 Leave a comment
in economics of bureaucracy, environmental economics, global warming, international economic law, International law, law and economics, politics - New Zealand, politics - USA, Public Choice Tags: climate alarmism

From Nations Approve Landmark Climate Accord in Paris https://nyti.ms/21X15IW
28 Aug 2018 Leave a comment
in applied price theory, economics of crime, law and economics, politics - New Zealand Tags: criminal deterrence, law and order

28 Aug 2018 Leave a comment
in applied price theory, comparative institutional analysis, discrimination, economics of regulation, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking Tags: offsetting behaviour, rent control

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

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