Two key economic issues that should be tackled in Budget 2022 – but don’t hold your breath, folk
18 May 2022 Leave a comment
Two of New Zealand’s principal economic issues are its low productivity and high effective corporate tax rates.
So will the Ardern government tackle these issues in Budget 2022?
Finance Minister Grant Robertson could write himself into NZ’s economic history if he did so.
Sadly, Point of Order suspects he might go for what are quick-fixes (if he does anything at all) that do little to raise investment levels and lift productivity to stop NZ falling further behind other advanced economies..
The OECD in its annual review of the NZ economy attributed the low productivity rate to muted product market competition, weak international linkages and innovation, and skills and qualifications mismatches.
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The Strange Taboo Against Constitutional Amendment in Canada
18 May 2022 Leave a comment
Reputedly Unamendable Yet Frequently Amended
The Constitution of Canada has gained a reputation for having become unamendable and ossified since 1992 when Canadians rejected the proposed Charlottetown Accord in a country-wide referendum and brought the era mega-constitutional amendment to a grinding halt. This question consumed Canada from the early 1970s to the early 1990s and scared the generations that went through this trauma. They have ever since resigned themselves to accepting this constitutional paralysis and dare not break this uneasy truce. They often speak of amending the constitution as “Opening the Constitution” with audible capital letters yet in hushed tones, with the obvious allusion to opening Pandora’s Box and unleashing havoc hanging over any such reluctant conversation like the Sword of Damocles. This has become of the most toxic and bizarre taboo of Canadian political culture over the last thirty years, not least because it presents a false narrative which…
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No ‘Green’ New Deal: Rural America Rejects Wind Industry’s Community Wrecking Agenda
18 May 2022 Leave a comment
The wind industry’s efforts to destroy America’s rural communities have been brought to a shuddering halt. Across the States, well-organised pro-community and pro-reliable energy groups have won victory after victory, sending crony capitalists and subsidy-seeking carpetbaggers packing.
That hard-working farmers and rural folk would reject the pitch that 600-700 foot high wind turbines and endless seas of solar panels would soon bring peace and prosperity to their daily lives, is no surprise.
The American wind and solar industries have been completely wrongfooted and apparently have no idea what their next move should be.
Robert Bryce gives an update on the battle for America’s heartland.
Wind Projects Rejected In Nebraska And Ohio, Wind Rejections Across U.S. Now Total 328 Since 2015
Forbes
Robert Bryce
29 April 2022
The rejections of large-scale wind projects continue. On Tuesday, county commissioners in Otoe County, Nebraska voted to impose a one-year moratorium on applications for…
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Surprise result in these #COVID19 times
18 May 2022 Leave a comment
in health economics, industrial organisation, survivor principle, transport economics Tags: economics of pandemics

David Friedman: Law, Economics and Liberty
18 May 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, David Friedman, defence economics, economics of bureaucracy, economics of crime, history of economic thought, income redistribution, law and economics, liberalism, libertarianism, property rights, Public Choice, rentseeking Tags: economics of pandemics, offsetting behaviour, The fatal conceit, unintended consequences
Cadbury’s Wispa Advert, with Paul Eddington & Nigel Hawthorne
18 May 2022 Leave a comment
in television
Churchill was ahead of his time
17 May 2022 Leave a comment
in applied price theory, applied welfare economics, defence economics, economic history, history of economic thought, income redistribution, international economics Tags: free trade, racial discrimination

Willie Jackson ridiculed Shane Reti on Maori longevity gains – but guess whose numbers were right (and show great progress)?
17 May 2022 Leave a comment
If Dr Shane Reti happened to insist the world is not flat, would RNZ see much merit in reporting he had come under fire from flat earthers?
We ask because a recent RNZ report was headed Shane Reti stands firm in face of criticism of Māori health comments
Oh dear. What did he say?
The opening paragraphs inform us:
National’s Health spokesperson Dr Shane Reti is under fire for comments he made comparing Māori life expectancy to the 1840s.
It follows his appearance on The Hui where he said the life expectancy for Māori was 30 years in the 1840s but today it is around 73.4 years.
Was Reti really obliged to defend himself, saying he was trying to argue how the life span of Māori has increased over time?
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Baby Formula and Big Government
17 May 2022 Leave a comment
While I definitely criticized the Food and Drug Administration for its manymistakes during the pandemic, I only made passing reference to that bureaucracy when referencing the shortage of baby formula during the concluding portion of a recent program.
And even that mention was not negative.
I was vaguely aware that the FDA had temporarily shut down a factory in Michigan because of concerns about bacteria in formula. And even a curmudgeonly libertarian like me did not view that as being a bad thing.
So I basically assumed that the severe shortages depicted in this map were mostly the result of bad luck.
But I should have known that bad government policy also played a big role.
The above map comes from an article for Reason by Jonathan Alder. Here’s some of what he wrote.
…if you’re having a hard time finding infant formula, you can thank Uncle Sam…
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