Adrian Orr has resigned as Reserve Bank Governor. I normally try to highlight the good as well as the bad when someone resigns, but I have to admit in this case I struggle. I welcomed his appointment in 2017. I noted the currency rose on his appointment and that he had a very good legacy […]
Adrian Orr resigns
Adrian Orr resigns
05 Mar 2025 Leave a comment
in business cycles, economic history, economics of bureaucracy, fiscal policy, inflation targeting, labour economics, macroeconomics, monetary economics, politics - New Zealand, Public Choice, unemployment Tags: economics of pandemics, monetary policy
Australia’s Pandemic Exceptionalism
05 Mar 2025 Leave a comment
in applied price theory, applied welfare economics, budget deficits, economic growth, economics of bureaucracy, economics of natural disasters, economics of regulation, health economics, labour economics, labour supply, macroeconomics, monetary economics, politics - Australia, politics - New Zealand, Public Choice, unemployment Tags: economics of pandemics
That’s the title of a 2024 book by a couple of Australian academic economists, Steven Hamilton (based in US) and Richard Holden (a professor at the University of New South Wales). The subtitle of the book is “How we crushed the curve but lost the race”. It is easy to get off on the wrong […]
Australia’s Pandemic Exceptionalism
RODNEY HIDE: Fight! Fight! Fight!
04 Mar 2025 Leave a comment
in health economics, law and economics, liberalism, politics - New Zealand, transport economics Tags: economics of pandemics, free speech, political correctness, regressive left
It was shocking how the institutions we thought we could rely on crumbled like a stack of cards. The opposition, the media, the courts,…
RODNEY HIDE: Fight! Fight! Fight!
Must watch – Gigi Foster on lockdowns at PAEC
17 Feb 2025 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, econometerics, economics of natural disasters, health economics, politics - Australia Tags: economics of pandemics
A negative productivity shock from working from home
08 Feb 2025 Leave a comment
in applied price theory, experimental economics, industrial organisation, labour economics, labour supply, managerial economics, occupational choice, organisational economics, personnel economics Tags: economics of pandemics
Reviewing Covid experiences and policies
01 Feb 2025 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economic growth, economics of bureaucracy, economics of regulation, health economics, macroeconomics, politics - New Zealand, Public Choice Tags: economics of pandemics
Michael Reddell writes – I’ve spent the last week writing a fairly substantial review of a recent book (“Australia’s Pandemic Exceptionalism: How we crushed the curve but lost the race”) by a couple of Australian academic economists on Australia’s pandemic policies and experiences. For all its limitations, there isn’t anything similar in New Zealand. What […]
Reviewing Covid experiences and policies
Reviewing Covid experiences and policies
30 Jan 2025 Leave a comment
in applied price theory, applied welfare economics, economic history, economics of bureaucracy, economics of regulation, fiscal policy, health and safety, health economics, labour economics, labour supply, law and economics, macroeconomics, politics - Australia, politics - New Zealand, property rights, Public Choice Tags: economics of pandemics
I’ve spent the last week writing a fairly substantial review of a recent book (“Australia’s Pandemic Exceptionalism: How we crushed the curve but lost the race”) by a couple of Australian academic economists on Australia’s pandemic policies and experiences. For all its limitations, there isn’t anything similar in New Zealand. What we do have is […]
Reviewing Covid experiences and policies
“No Consistent Patterns:” Scientists Find No Evidence that Closing Schools Materially Reduced Transmission
27 Jan 2025 Leave a comment
in economics of education, economics of information, health economics, liberalism, politics - USA Tags: economics of pandemics, free speech
For years, scientists and commentators who questioned COVID policies were censored, blacklisted, and canceled across the country. Many of these dissenting views have since been vindicated from the lab origins theory to the lack of efficacy of surgical masks to the opposition to the closure of schools. Now, a new study in the Journal of […]
“No Consistent Patterns:” Scientists Find No Evidence that Closing Schools Materially Reduced Transmission
You Have Been Warned
07 Dec 2024 Leave a comment
in health economics Tags: economics of pandemics
New paper in Science, A single mutation in bovine influenza H5N1 hemagglutinin switches specificity to human receptors. If that isn’t clear enough, here is the editor’s summary: In 2021, a highly pathogenic influenza H5N1 clade 2.3.4.4b virus was detected in North America that is capable of infecting a diversity of avian species, marine mammals, and […]
You Have Been Warned
Royal Covid Commission report says “NZ’s vaccination rollout was slightly slower to get started than in some other countries”. And Pigs Fly.
06 Dec 2024 Leave a comment
in health economics, politics - New Zealand Tags: economics of pandemics
The Australian Commonwealth Government COVID-19 Response Inquiry slammed that country’s late “stroll-out” of the vaccine. It meant politicians viewed lock-downs as their only tool of control. According to the Sydney Morning Herald some of “the Inquiry’s most specific criticism was around the delayed vaccine rollout ahead of the Omicron variant which swept through country at…
Royal Covid Commission report says “NZ’s vaccination rollout was slightly slower to get started than in some other countries”. And Pigs Fly.
Germany chart of the day
04 Dec 2024 Leave a comment
in economic growth, health economics, macroeconomics Tags: economics of pandemics, Germany
Here is the link.
Germany chart of the day
Will politicians learn anything from the first Covid Response report?
04 Dec 2024 Leave a comment
in economics of regulation, health economics, politics - New Zealand Tags: economics of pandemics
Bryce Edwards writes – Any criticism of New Zealand’s Covid response needs to begin by acknowledging its success. Our total confirmed deaths per million people is far lower than those of many peer nations. But we’re still living with the cost of that response: reduced trust in institutions and deeper social division; years of […]
Will politicians learn anything from the first Covid Response report?
The Government didn’t move with the science around Covid
03 Dec 2024 Leave a comment
in economics of regulation, health economics, labour economics, labour supply, politics - New Zealand Tags: economics of pandemics
The Royal Commission concluded: The case for vaccine requirements of all kinds weakened in early 2022 with the arrival of the Omicron variant since vaccination was now much less effective in preventing COVID-19 transmission and immunity waned over time. While beneficial to the individual concerned, vaccination now offered less protection to others and the public […]
The Government didn’t move with the science around Covid
Jay Bhattacharya at the NIH
29 Nov 2024 Leave a comment
in health economics, politics - USA Tags: 2024 presidential election, economics of pandemics
Trump has announced the appointment, so it is worth thinking through a few matters. While much of the chatter is about the Great Barrington Declaration, I would note that Bhattacharya has a history of focusing on the costs of obesity. So perhaps we can expect more research funding for better weight loss drugs, in addition […]
Jay Bhattacharya at the NIH
The Royal Commission on Covid-19 Report is a Repugnant, Unstructured Mishmash of Disinformation, Dressed up as a Single Source of Truth.
28 Nov 2024 1 Comment
in applied price theory, health economics, politics - New Zealand Tags: economics of pandemics
How can Professor Blakely, who is co-author of NZ’s Royal Commission Report into Covid, write a report critiquing our government’s approach to Covid when he was the intellectual architect of that approach? He co-authored the 2020 British Medical Journal article with Professor Michael Baker called, “Elimination could be the optimal response strategy for covid-19”. That…
The Royal Commission on Covid-19 Report is a Repugnant, Unstructured Mishmash of Disinformation, Dressed up as a Single Source of Truth.
Utopia, you are standing in it! 
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