Paul Walker

Dr Paul Walker is an economist at University of Canterbury. He has expertise in microeconomics, institutional economics and industrial Organization. He blogs for The Dismal Science.

The Economist’s Greg Ip on economics reporting - The Dismal Science

Dec 09, 2012

As Canterbury is starting up its journalism program again this interview with The Economists's Greg Ip could be of use to would be economics journalists. Ip is the U.S. economics editor for The Economist and a keen observer of the intersection of busin...

Innovative govenrment? - The Dismal Science

Nov 22, 2012

When writing, at the Groping towards Bethlehem blog, about how to make government more innovative Bill Kaye-Blake says that private business has a pretty clear goal - make money - and this forces them to be innovative. But he says, Government, on the ...

What’s a vote worth? - The Dismal Science

Nov 17, 2012

A question asked by John Gibson in a column at He notes that even before the turmoil of Hurricane Sandy, many Americans were considering not bothering to register a vote for their next president. By looking at the costs and benefits of voti...

Interview of Ronald Coase and Ning Wang - The Dismal Science

Nov 15, 2012

Nick Schulz interviews Ronald Coase and Ning Wang about issues to so with their new book, "How China Became Capitalist." The last question is interesting: NS: You are critical of much modern economics, saying it has been transformed “from a moral s...

Consumer prices and advertising - The Dismal Science

Nov 13, 2012

There is a question in economic theory about the effects of advertising on the prices that consumers pay. Does advertising increase or decrease consumer prices? This debate, which goes back at least to Marshall (1919), is the subject of a new column at...

Who is exploiting who? - The Dismal Science

Nov 12, 2012

Are we all Marxists now? At least as far as the theory of the firm is concerned. In a Journal of Finance paper back in 2000 Luigi Zingales wrote, [...] there is a clear Marxian flavor in the role played by ownership in Grossman and Hart (1986) and Har...