@TrevorMallard what next for #TPPANoWay? Repeal CER?

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New Zealand filmmakers have used trade treaties to pry open access to foreign markets by challenging failures to honour promises of nondiscrimination in trade and investment in the Federal Court of Australia.

This should please the Twitter Left because they are also a film going left as are most members of the educated middle class as a point of identity and snobbery.

Back in the day, New Zealand television programming was sold cheaply into the Australian market. Many cultural and other products are exported into foreign markets and sold for whatever they can get above the price of shipping or digital transmission. What else explains all that rubbish on cable TV?

Under the Closer Economic Relations agreement that creates a single market between Australia and New Zealand, New Zealand made television programming content must be treated the same way as Australian content so it was included in their 50% local content rules for commercial television back from whenever I remember this story from.

There was a Federal Court of Australia case that ruled that New Zealand television programming was Australian content programming for the purposes of the relevant media regulations because of Closer Economic Relations.

From the late 1990s, with revival of the New Zealand film and television industry, New Zealand content was starting to flood the Australian market, especially in the off-season in the summer when stations were looking for cheap content to fill a low ratings period.

Naturally, this Kiwi invasion did not please the rent seeking Australian television programme production industry and many a mendicant actor, writer and producer

Where there is a will, where there is a way: minimum quality standards are introduced into the Australian content rules defined by price – a price that happen to be above what the television stations used to pay for New Zealand made programming in the off-season.

This court victory in favour of various New Zealand film industry in enforcing a trade and investment treaty puts the Twitter left in a bit of a conundrum. Which is more important? The New Zealand film industry or their hatred of globalisation and the rule of law.

The 1st @NYTimeskrugman on #TPPANoWay @Oxfamnz #JaneKelsey

https://twitter.com/TPPMediaMarch/status/692055631579185152

If George Bush had not won the 2000 presidential election, Paul Krugman would have taken over as the best communicator of economics since Milton Friedman. Instead, he became patient number no.1 of George Bush derangement syndrome. Ann Coulter was patient no. 1 of Clintons derangement syndrome.

Source: Enemies of the WTO.

There is nothing new about the coming of robots

Working Class American Families Face Marginal #Tax Rates up to 43.7%

Everybody agrees there is a Laffer Curve when it suits them.

The Left talks about poverty traps arising from means testing of social insurance and welfare benefits but denies flatly that high marginal tax rates will affect the labour supply of the rich and willing to do.

You cannot have it both ways.

62 billionaires alert: extreme poverty could have fallen so much faster?

https://twitter.com/ValaAfshar/status/690629970595573761

The #livingwage in Washington, DC

https://twitter.com/Mark_J_Perry/status/688469218719830016

@FairnessNZ shows how everything is getting better in NZ @FIRST_Union

The union movement posted two excellent charts during the last election showing how well things have gone since the 1980s economic reforms and their consolidation in the early 1990s.

The charts show that real wage growth returned in the early 1990s after the passage of the Employment Contracts Act and the consolidation of government finances. This was after two decades of wage stagnation in what the unions regards as the good old days.

Furthermore, as the union chart shows, the average incomes of the top 1% in New Zealand is a pretty stable for several decades. Whatever else is happening New Zealand, you cannot blame it on the top 1% because they are lazy. What increase there was in average top incomes in New Zealand was followed by the return of real wage growth in New Zealand and a long economic boom where the unemployment rate drop below 3.5%

The main bugbear is housing affordability which is a result of the Resource Management Act passed in 1993 as the union chart shows. The unions, the Labour Party and Greens all support the laws that result in this housing unaffordability.

I used to write essays about the threats of global cooling in high school

https://twitter.com/SteveSGoddard/status/685695815315243008

David Neumark on the employment effects of minimum wages @livingwageNZ

Source: David Neumark on the employment effects of minimum wages | IZA Newsroom.

It is the 1960s hippies who are letting marijuana decriminalisation down at the ballot box

Is @fightfor15 the best answer?

https://twitter.com/FightFor15WI/status/683754760923549699

The Paris treaty on global warming explained

https://www.facebook.com/101728306584541/photos/pb.101728306584541.-2207520000.1451871785./931219710302059/?type=3&theater

Competing views of induced innovation

HL Mencken on the @realDonaldTrump & @BernieSanders

https://www.facebook.com/feeonline/photos/pb.7853647391.-2207520000.1449811457./10153799279037392/?type=3&theater

The obvious reason for the popularity of behavioural economics

Source: Why Economists Are Right: Rational Expectations and the Uncertainty Principle in Economics — Part II | David K. Levine.

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