Newsroom has a summary of taxpayer money spent on Mt Ruapehu: How often have we been told this is the final assistance. We are now deep into the sunk cost fallacy.
$50 million of taxpayer money on a ski field
$50 million of taxpayer money on a ski field
01 Mar 2025 Leave a comment
in applied price theory, fiscal policy, industrial organisation, macroeconomics, politics - New Zealand, Public Choice, public economics, rentseeking, survivor principle Tags: corporate welfare
Is compulsory saving the answer?
28 Feb 2025 Leave a comment
in international economics, macroeconomics Tags: current account
Economic growth – and the lack of the sustained productivity growth that underpins it – is again briefly in focus. 70 years of relative economic decline still shows no sign of being durably reversed, but the last few years have been particularly tough and there is an election next year, and so the government’s rhetorical […]
Is compulsory saving the answer?
Can Enhanced Street Lighting Improve Public Safety at Scale?
28 Feb 2025 Leave a comment
in applied price theory, econometerics, economics of crime, labour economics, law and economics, occupational choice Tags: crime and punishment, criminal deterrence, law and order
Street lighting is often believed to influence street crime, but most prior studies have examined small-scale interventions in limited areas. The effect of large-scale lighting enhancements on public safety remains uncertain. This study evaluates the impact of Philadelphia’s citywide rollout of enhanced street lighting, which began in August 2023. Over 10 months, 34,374 streetlights were […]
Can Enhanced Street Lighting Improve Public Safety at Scale?
Climate Change Committee Demands Government Impose Radical Lifestyle Changes on UK
28 Feb 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, liberalism, Marxist economics Tags: British politics, climate activists, climate alarmism
The Climate Change Committee, the UK’s official Net Zero advisory body, has told the Government that to hit Net Zero it must impose radical lifestyle changes on the UK population. The Mail has more.
Climate Change Committee Demands Government Impose Radical Lifestyle Changes on UK
Paris Accord could determine election
28 Feb 2025 Leave a comment
in applied price theory, economics of bureaucracy, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - New Zealand, Public Choice, rentseeking Tags: carbon tax
The government’s commitment to the Paris Accord has garnered opposition from farmers and farming organisations. Federated Farmers is not supportive: The Government’s announcement today of a 2035 climate target of a 51-55% emissions reduction has signed New Zealand up for a decade more of planting pine on productive land, Federated Farmers meat and wool chair […]
Paris Accord could determine election
Industry veterans slam Pharmacy Council’s forced cultural competency rules as Health Minister demands explanation
28 Feb 2025 Leave a comment
in economics of bureaucracy, economics of regulation, health economics, labour economics, law and economics, liberalism, Marxist economics, occupational regulation, politics - New Zealand, Public Choice Tags: affirmative action, free speech, political correctness, racial discrimination, regressive left
Chris Lynch Media reports – Health Minister Simeon Brown says he will demand an explanation from the Pharmacy Council over its competence standards for pharmacists, which have been described as “deeply disturbing.” It follows inquiries to his office by chrislynchmedia.com over the standards, published on 15 June 2023 and enforced from 1 April 2024, which require […]
Industry veterans slam Pharmacy Council’s forced cultural competency rules as Health Minister demands explanation
Another gender gap
28 Feb 2025 Leave a comment
in development economics, health economics Tags: economics of smoking, gender gap
Galaxy Quest (6/9) Movie CLIP – Cute But Deadly Aliens (1999) HD
28 Feb 2025 Leave a comment
in movies
Lift the Ban on Supersonics: No Boom
28 Feb 2025 Leave a comment
in economics of regulation, transport economics
Boom, the supersonic startup, has announced that their new jet reaches supersonic speeds but without creating much of an audible boom. How so? According to CEO Blake Scholl: It’s actually well-known physics called Mach cutoff. When an aircraft breaks the sound barrier at a sufficiently high altitude, the boom refracts in the atmosphere and curls […]
Lift the Ban on Supersonics: No Boom
Bands away
28 Feb 2025 Leave a comment
in entrepreneurship, labour economics, labour supply, Music Tags: creative destruction
Harvard Polling: Majority Supports DOGE Measures to Reduce the Size of Government
27 Feb 2025 Leave a comment
in fiscal policy, macroeconomics, politics - USA Tags: 2024 presidential election
As the courts hash out the legalities of the orders supporting the Department of Government Efficiency (DOGE), the public appears to support the effort despite the almost universal condemnations in the media. Despite the prediction from James Carville that the Trump Administration will collapse within 30 days, a recent Harvard CAPS/Harris poll shows that most […]
Harvard Polling: Majority Supports DOGE Measures to Reduce the Size of Government
Mandated Board Diversity Reduces Firm Value
27 Feb 2025 Leave a comment
in applied price theory, discrimination, econometerics, economics of regulation, financial economics, gender, industrial organisation, labour economics, occupational choice, politics - USA Tags: efficient markets hypothesis, sex discrimination
Jon Klick finds that when courts in CA surprisingly invalidated a set of DEI laws, the market value of firms subject to those laws increased: California mandated that firms headquartered in the state include women (SB 826) and underrepresented minorities (AB 979) on their corporate boards. These laws, passed in 2018 and 2020 respectively, were […]
Mandated Board Diversity Reduces Firm Value
The American Rōnin: How Displaced “Disinformation Experts” Are Seeking New Opportunities in Europe and Academia
27 Feb 2025 Leave a comment
in economics of bureaucracy, economics of education, economics of information, economics of media and culture, entrepreneurship, financial economics, industrial organisation, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice, rentseeking Tags: 2024 presidential election, free speech, political correctness, regressive left
Below is my column in the Hill on the new American emigres: “disinformation experts” who are finding themselves unemployed with the restoration of free speech protections. Here is the column:
The American Rōnin: How Displaced “Disinformation Experts” Are Seeking New Opportunities in Europe and Academia
If You Date Me, You Date My Debt
27 Feb 2025 Leave a comment
in applied price theory, economics of education, economics of love and marriage, gender, law and economics Tags: College premium, dating markets, marriage and divorce
Romance can pose challenges to those with large credit balances, student loans or other financial obligationsBy Julia Munslow of The WSJ. Excerpts:”For daters, debt can be a turnoff. In a 2024 survey from the Achieve Center for Consumer Insights, 64% of respondents said they wouldn’t want to date someone with a lot of debt.””The economics…
If You Date Me, You Date My Debt
Utopia, you are standing in it! 
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