The biggest drop was in a company that sold its sugar interests in 2009 so that was a rather within the day affair once traders realised their error.
The share market speaks on the UK #sugartax @JulieAnneGenter @GreenCatherine
18 Mar 2016 Leave a comment
in economics of regulation, financial economics, health economics Tags: British economy, libertarian paternalism, meddlesome preferences, nanny state, sugar tax
% of New Zealand mortgages that were fixed and floating since 2004
16 Mar 2016 Leave a comment
in economic history, economics of information, economics of regulation, monetary economics, politics - USA Tags: antimarket bias, libertarian paternalism, monetary policy, mortgage interest rates, New Zealand Labour Party, Other people are stupid fallacy, rational irrationality, The fatal conceit, The pretence to knowledge
Despite the best efforts of the libertarian paternalists to sell the other people are stupid fallacy, ordinary New Zealanders are quite nimble at moving between fixed and floating rates depending upon their forecasts of the future of interest rates. Price controls on floating rate mortgages, as suggested by the New Zealand Labour Party, would make this more difficult, not easier.
Source: S8 Banks: Mortgage lending ($m) – Reserve Bank of New Zealand.
Utopia, you are standing in it! 
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