Habeaus Corpus Act (strengthening person's right to challenge unlawful arrest) passes in England #OnThisday in 1679. http://t.co/MAYp7ttLg1—
✍ Bibliophilia (@Libroantiguo) May 27, 2015
Habeaus Corpus Act passed in England today 1679
27 May 2015 Leave a comment
Director’s Law in action in the 1970s
26 May 2015 Leave a comment
in economic history, politics - Australia, politics - New Zealand, politics - USA Tags: Director's Law, growth of government
Long live the Slopegraph. Long live Edward Tufte. tinyurl.com/naeh7rc http://t.co/C8Lgnupxz9—
Amity Shlaes (@AmityShlaes) May 16, 2015
Bill Shorten on why the Greens do not win working class votes
25 May 2015 Leave a comment
in politics - Australia, politics - New Zealand, Public Choice Tags: Australian Greens, Australian Labor Party, expressive voting, Inner-city Left, New Zealand Greens, voter demographics
Trade union density, Australia, Canada, New Zealand, UK and USA, 1960–2012
25 May 2015 Leave a comment
in economic history, labour economics, politics - Australia, politics - New Zealand, politics - USA, unions Tags: Australia, British economy, Canada, trade union density, union power, union wage premium
Source: OECD StatExtract
Minimum wage relative to average wage of full-time worker, UK, USA, Canada, New Zealand and Australia, 1960–2012
24 May 2015 Leave a comment
in economic history, labour economics, minimum wage, politics - Australia, politics - New Zealand, politics - USA Tags: Australia, British economy, Canada
Figure 1: minimum wage relative to median wage in full-time worker, UK, USA, Canada, New Zealand and Australia, 1960 – 2012
Source: OECD StatExtract
Figure 2: minimum wage relative to mean wage in full-time worker, UK, USA, Canada, New Zealand and Australia, 1960 – 2012
Source: OECD StatExtract
Fossil fuels and the Great Escape in winter
24 May 2015 Leave a comment
in economic history, energy economics, politics - Australia, politics - New Zealand, politics - USA, technological progress Tags: Fossil Fuels, The Great Fact
The Labor Party on why the Greens do not win working class votes
24 May 2015 Leave a comment
in politics - Australia, politics - New Zealand, Public Choice, rentseeking Tags: animal rights, Australian Greens, do gooders, expressive voting, New South Wales election, New Zealand Greens, voter demographics, workers rights
Rent controls never work – they force up rents and destroy investment in housing
24 May 2015 Leave a comment
in economics of regulation, politics - Australia, politics - New Zealand, politics - USA, urban economics Tags: British general election, expressive voting, offsetting behaviour, rational irrationality, rent controls, The fatal conceit, UK politics, unintended consequences
What should be the Green Party case for free trade
23 May 2015 Leave a comment
in international economics, politics - Australia, politics - New Zealand, war and peace Tags: Left-wing hypocrisy, New Zealand Greens
The British offshoots in the New World did well
23 May 2015 Leave a comment
in economic history, politics - Australia, politics - New Zealand, politics - USA Tags: European offshoots
The United Kingdom's Western offshoots have done well economically: buff.ly/1KlVm4A #ukelection2015 #progress http://t.co/AOaojfToiO—
HumanProgress.org (@humanprogress) May 08, 2015
Housing affordability breakthrough! The capital gains tax has been given its chance to fail
20 May 2015 Leave a comment
in comparative institutional analysis, politics - New Zealand, Public Choice Tags: capital gains tax, evidence-based policy, land supply, RMA, zoning
This week, the New Zealand government announced a special capital gains tax for investments in housing. Specifically, if a buyer sells the house within two years of buying it, and this house is not their home, the investor will be liable to income tax on any profit.
This solution also has been put forward by the left-wing political parties in New Zealand as their solution to the problem of restricted land supply in Auckland and other cities in New Zealand.
The introduction of a capital gains tax is a breakthrough for housing affordability. This solution of using a capital gains tax to dampen demand has been given its chance and it will fail.
Once a capital gains tax fails to make housing more affordable, political parties on the left and on the right can no longer put off confronting real solutions such as major reforms to the Resource Management Act (RMA) to loosen restrictions on the supply of land in the big cities in New Zealand and in particular in Auckland.
Sooner or later this temperature trend has to break
20 May 2015 1 Comment
in environmental economics, global warming, politics - Australia, politics - New Zealand, politics - USA Tags: climate alarmists, global warming
@ctvqp Harper. waaaay ahead of public opinion. Global Warming scam is over, Enviros/Journos flogging dead horse. http://t.co/STZxrsogFI—
Tea Leaf LaCampagne (@TillyLaCampagne) May 17, 2015
New Zealand’s Experience with Territorial Taxation | Tax Foundation
18 May 2015 Leave a comment
in politics - New Zealand, politics - USA, public economics Tags: company tax, endogenous growth theory, foreign direct investment, lost decades
New Zealand is one of only two developed countries, the other being Finland, that switched from a territorial tax system to a worldwide system.Both eventually returned to a territorial tax system for competitiveness reasons. New Zealand went one step further in their experiment with worldwide taxation by ending deferral.
This resulted in a twenty year stagnation in foreign investment at a time when foreign investment was growing dramatically in the rest of the developed world.
This coincided with an economic decline in New Zealand relative to Australia and the rest of the developed world. Because foreign investment is key to accessing the world’s consumers, it is not surprising that less foreign investment translated to less economic prosperity at home.
The New Zealand experience shows that ending or limiting deferral in the United States, as President Obama and others have proposed, would likely have severe economic downsides. Instead, as New Zealand eventually did in 2009, the U.S. should implement a territorial system that exempts foreign earnings.
via New Zealand’s Experience with Territorial Taxation | Tax Foundation.
Utopia, you are standing in it! 
Recent Comments