Chris Trotter writes – GEORGE GALLOWAY’S STUNNING VICTORY in Rochdale, Britain, has provoked a sharp response from leftists whose primary analytical focus remains socio-economic. Galloway turned the by-election into a referendum on the two main British political parties’ stance on the war in Gaza. Successfully exploiting the fact that 30 percent of the Rochdale electorate […]
CHRIS TROTTER: For the self-loathing Left, charity definitely does not begin at home
CHRIS TROTTER: For the self-loathing Left, charity definitely does not begin at home
06 Mar 2024 Leave a comment
in defence economics, economics of crime, law and economics, laws of war, liberalism, Marxist economics, politics - New Zealand, war and peace Tags: British politics, free speech, Gaza Strip, Israel, Middle-East politics, regressive left, war against terror
DON BRASH: PERHAPS THE MOST IMPORTANT SPEECH FROM THE NEW GOVERNMENT SO FAR
03 Mar 2024 Leave a comment
in applied price theory, economics of bureaucracy, income redistribution, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights, Public Choice, regulation, rentseeking, transport economics, urban economics Tags: land supply, zoning
Last week, Housing Minister Chris Bishop gave perhaps the most important speech by the new Government since the election. In a speech to the Wellington Chamber of Commerce, he said he wanted the ratio of house prices to median household income to more than halve to between 3 and 5 over the next 10…
DON BRASH: PERHAPS THE MOST IMPORTANT SPEECH FROM THE NEW GOVERNMENT SO FAR
ELLIOT IKILEI: Why I am joining Hobson’s Pledge
03 Mar 2024 Leave a comment
in economic history, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights Tags: Age of Enlightenment, free speech, political correctness, racial discrimination, regressive left
We thought some good news wouldn’t go amiss. The following content speaks for itself. Just a quick note to introduce myself as the newest member of the Hobson’s Pledge team. A quick bit about myself: I am a husband, dad, and proud New Zealander. I have ancestors from Niue, England, and Tonga, and I hail…
ELLIOT IKILEI: Why I am joining Hobson’s Pledge
The Uncompetitive Urban Land Markets Theory of Everything
03 Mar 2024 Leave a comment
in applied price theory, comparative institutional analysis, economics of bureaucracy, environmental economics, income redistribution, industrial organisation, law and economics, politics - New Zealand, property rights, Public Choice, regulation, rentseeking, urban economics Tags: housing affordability, land supply, zoning
The Housing Theory of Everything has one of those wonderful self-explanatory titles. A good title matters. The recent and thorough essay explains how the anglosphere’s unnecessarily expensive housing affects, well, everything. Or at least almost everything.Zoning makes it too hard to build houses where people want to build. Urban containment policies block new subdivisions, so…
The Uncompetitive Urban Land Markets Theory of Everything
PETER WILLIAMS: RIP Newshub
03 Mar 2024 Leave a comment
in economics of information, economics of media and culture, entrepreneurship, financial economics, industrial organisation, politics - New Zealand, survivor principle Tags: media bias
Could anything have saved it? The real surprise is not that Newshub is going under but that it’s lasted this long. TV 3 started broadcasting in November 1989, almost 35 years ago. It was a different era. There was no Sky, no digital platforms and the new kid on the block was going head to head…
PETER WILLIAMS: RIP Newshub
CALLUM PURVES: National preparing to keep Labour’s 15% App Tax
03 Mar 2024 Leave a comment
in fiscal policy, macroeconomics, politics - New Zealand, public economics
Labour’s App Tax is a 15% sales tax paid for by the mum and dad accommodation providers, takeaway joints, and ride share drivers. The App Tax hits sole-traders who sell their services through an app or website such as Uber or Airbnb. It will add even more to the costs of living for every Kiwi…
CALLUM PURVES: National preparing to keep Labour’s 15% App Tax
ROBERT MacCULLOCH: Economics 101 explains why Newshub Bankrupted
02 Mar 2024 Leave a comment
in economics of information, economics of media and culture, industrial organisation, market efficiency, politics - New Zealand, survivor principle, theory of the firm Tags: creative destruction
Economics 101 explains why Newshub Bankrupted – it was the fault of its own journalists who should recognize they were the architects of their own demise. A thousand books and papers in economics and business strategy are about the topic of product differentiation – ensuring that what you sell is different from others in order…
ROBERT MacCULLOCH: Economics 101 explains why Newshub Bankrupted
Labour’s legacy
01 Mar 2024 Leave a comment
in economic growth, economics of bureaucracy, fiscal policy, macroeconomics, politics - New Zealand, Public Choice, public economics
Productivity Commission gone tomorrow, Māori Health Authority gone in June – so what should we do with the Waitangi Tribunal?
28 Feb 2024 Leave a comment
in economics of bureaucracy, health economics, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking
The Productivity Commission will cease operations tomorrow, to make way for the new Ministry for Regulation. On the same day, the Waitangi Tribunal will begin an urgent inquiry into the government’s proposal to disestablish the Māori Health Authority. But legislation passed under urgency by Parliament will result in the authority being shut down by the end […]
Productivity Commission gone tomorrow, Māori Health Authority gone in June – so what should we do with the Waitangi Tribunal?
Goodbye to the Productivity Commission
27 Feb 2024 Leave a comment
in economics of bureaucracy, politics - New Zealand, Public Choice
The Productivity Commission closes its doors on Thursday and goes out of existence. There have been a couple of recent articles on the demise of the Productivity Commission, and the chair (Ganesh Nana) has even put out his own statement (not exactly compelling) on productivity, and policy options for improving New Zealand’s dismal performance. There […]
Goodbye to the Productivity Commission
ROBERT MacCULLOCH: Former PM Hipkins & Profs Bloomfield & Baker should be held accountable for quoting statistics that have now been shown to be wrongly estimated
27 Feb 2024 1 Comment
in applied welfare economics, econometerics, economic history, economics of regulation, health economics, politics - New Zealand Tags: economics of pandemics
Why are we still talking about Covid when many countries – like the US – have moved on? Well the US economy is currently booming and ours is stuck in the mud. The reason has emerged over time. Although our response to the virus was to be commended in early 2020 when no-one knew what…
ROBERT MacCULLOCH: Former PM Hipkins & Profs Bloomfield & Baker should be held accountable for quoting statistics that have now been shown to be wrongly estimated
Child poverty – complex or simple?
26 Feb 2024 Leave a comment
in applied price theory, applied welfare economics, labour economics, labour supply, politics - New Zealand, poverty and inequality, unemployment, welfare reform Tags: child poverty, family poverty
Question: Do you understand how the child poverty statistics are derived? Clearly some people do not. Last week the latest child poverty statistics were all over the media. But there are a number of misunderstandings that need addressing. Like this one from NewstalkZB’s John MacDonald who wrote: “Living in households that get-by on less than…
Child poverty – complex or simple?
Superannuation, KiwiSaver, and New Zealand’s economic development
22 Feb 2024 Leave a comment
in economic growth, income redistribution, labour economics, labour supply, macroeconomics, politics - New Zealand, Public Choice, rentseeking Tags: ageing society
The Retirement Commissioner has released a paper on aspects of New Zealand Superannuation (NZS). Its focus includes affordability, fairness, age of eligibility, and the treatment of those over 65 who continue in the workforce whilst also receiving NZS. What the Commissioner does not discuss is the relationship between superannuation systems, domestic savings rates and capital […]
Superannuation, KiwiSaver, and New Zealand’s economic development
ROB MacCULLOCH: Grant Robertson’s new job sends an awful message to students about meritocracy in NZ
22 Feb 2024 Leave a comment
in economics of bureaucracy, economics of education, politics - New Zealand, Public Choice
The appointment of Grant Robertson as Vice-Chancellor of Otago University has raised hackles – and questions – among academics. Robertson’s credentials for the job is one issue. The appointment process is another. University of Auckland economics professor Rob MacCulloch has posted these three articles in the past few days on Down To Earth Kiwi… […]
ROB MacCULLOCH: Grant Robertson’s new job sends an awful message to students about meritocracy in NZ
RICHARD PREBBLE: We must get our children back to school
21 Feb 2024 Leave a comment
in economics of education, human capital, labour economics, labour supply, politics - New Zealand
It will not matter what was agreed in 1840 if the coalition cannot get our children back to school. Most children do not attend school regularly. Nations that do not educate the next generation are doomed to fail. In the 3rd term last year most Pakeha pupils, 52%, did not go to school regularly.…
RICHARD PREBBLE: We must get our children back to school
Utopia, you are standing in it! 
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