
Virtue signaling @kfcnz’s paper bag is too small, leaks, no handle. Drinks spill in car #plasticbagfascism @eugeniesage
24 Aug 2019 Leave a comment
in environmental economics, politics - New Zealand Tags: recycling

Planned to walk to the supermarket but drove because it was too inconvenient to carry the reusable bags @EUGENIESAGE’S #PLASTICBAGFASCISM
24 Aug 2019 Leave a comment

Brad DeLong quote to be read out to leftists who complains about WINZ or any other bureaucracy
23 Aug 2019 Leave a comment
in economics of bureaucracy, Marxist economics, politics - New Zealand
Majority of gang members are inside for violent offences @sst_nz
23 Aug 2019 Leave a comment


Released by the Department of Corrections under the Official Information Act 23 August 2019.
My @NZHerald op-ed on petrol prices and competition
23 Aug 2019 Leave a comment
in applied price theory, economic history, economics of bureaucracy, energy economics, industrial organisation, law and economics, politics - New Zealand, Public Choice
After only 227 pages does @NZComCom reveal its criteria for markets predisposed to collusion
21 Aug 2019 Leave a comment
in applied price theory, history of economic thought, industrial organisation, law and economics, politics - New Zealand Tags: cartel theory, competition law, oligopoly

The old hippies at @NZComCom force Harold Demsetz turn in his grave by using profits to assess competition. So 1960s. Died after his 1973 paper.
21 Aug 2019 Leave a comment
in applied price theory, history of economic thought, industrial organisation, law and economics, politics - New Zealand, politics - USA, survivor principle Tags: competition law

Criminals released after DNA testing started are 17% less likely to reoffend! @sst_nz (A greater chance of getting caught is instant rehabilitation)
21 Aug 2019 Leave a comment
in economics of crime, labour economics, law and economics, occupational choice, politics - New Zealand, politics - USA Tags: crime and punishment, criminal deterrence, law and order

@NZComCom’s petrol pricing report is an ode to the structure-conduct-performance (SCP) paradigm of decades and decades gone by
21 Aug 2019 Leave a comment
in Armen Alchian, economics of bureaucracy, history of economic thought, industrial organisation, law and economics, politics - New Zealand, Public Choice, Ronald Coase Tags: competition law

@NZComCom sees this price discounting as evidence of a stable cartel or tight oligopoly
21 Aug 2019 Leave a comment
in applied price theory, energy economics, industrial organisation, politics - New Zealand Tags: cartel theory, competition law
If so, you wonder how @NZComCom explains the survival of: legacy media, dot.com industries, MySpace, Yahoo, Uber, airlines and new or high fixed cost industries. More on that later
21 Aug 2019 Leave a comment
in entrepreneurship, industrial organisation, politics - New Zealand, survivor principle, theory of the firm Tags: competition law

I don’t see the variation here that the @NZComCom does (except that long thin countries are at the top)
21 Aug 2019 Leave a comment
in energy economics, industrial organisation, law and economics, politics - New Zealand Tags: competition law

@NZComCom raises middle digit to @jamespeshaw’s @JulieAnneGenter’s electric car dreams @TaxpayersUnion
21 Aug 2019 Leave a comment
in energy economics, environmental economics, global warming, politics - New Zealand Tags: electric cars, The fatal conceit

Despite itself, @nzcomcom reveals rampant secret price discounting in the petrol cartel/oligopoly
21 Aug 2019 Leave a comment
in applied price theory, economics of bureaucracy, energy economics, entrepreneurship, industrial organisation, law and economics, politics - New Zealand, Public Choice, survivor principle Tags: cartel enforcement, cartel theory, competition law




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