Paul Walker
The mysteries of money - The Dismal Science
Sep 11, 2012 •
John H. Cochrane and Harald Uhlig are interviewed by Gideon Magnus (Chicago PhD) at Morningstar. They talk about the foundations of money, fiscal theory, monetary policy, European debt problems, etc. About the video Cochrane writes The video starts a ...
Caplan v. Dickens on poverty and welfare - The Dismal Science
Sep 10, 2012 •
Bill Dickens and Bryan Caplan argue about poverty and welfare. Just read it all: start here then go here and then go here. The debate is obvious about the U.S. welfare system but but many of the issues carry over to New Zealand.
A note for Winston Peters - The Dismal Science
Sep 10, 2012 •
Immigration can be good for you. Yes Winston, those foreigners can in fact help the economy. Almost a century and a half after the first large migration wave of the late 19th century, those places where migrants settled in big numbers are significantl...
The impact of right to carry laws - The Dismal Science
Sep 10, 2012 •
Right to carry laws have been discussed here before, see for example here and here. Now we have another NBER working paper that that looks at right-to-carry (RTC) laws and concludes, we don't know what the effects are. The paper is The Impa...
Auld keen on debunking Keen (updated) - The Dismal Science
Sep 10, 2012 •
Steven Keen is going around the country right now explaining the many, many evils, as he see them, of standard economics. That the majority of economists don't agree with Keen will not come as any surprise to most people. One person who has done a grea...
Plain packaging - The Dismal Science
Sep 05, 2012 •
The policy of ‘plain packaging’ for tobacco products is an issue here and many other places around the world. The idea is being discussed in the U.K. right now. The Adam Smith Institute has argued against plain packaging. It has published a report ...
A nice point - The Dismal Science
Sep 05, 2012
At the Homepaddock blog Ele Ludemann makes a nice point about the difference between what people say they want and what they are willing to pay for: A survey established that New Zealanders support incentives to encourage clean industries and technolog...
More on the Christchurch rugby stadium - The Dismal Science
Sep 04, 2012 •
As noted in the previous post Sam Richardson has been continuing his thinking on the feasibility of a new covered rugby stadium for Christchurch over at his Fairplay and Forward Passes blog. He writes, If tangible benefits and costs exist for these pr...
Stadiums and opportunity costs - The Dismal Science
Sep 04, 2012 •
John Spry, an economist with St. Thomas University in the Twin Cities, has written an opinion piece in the St. Paul Pioneer Press in which he takes issue with proposals to build a new stadium for the St. Paul Saints (an independent league baseball team...
Firms reorganise to grow - The Dismal Science
Sep 02, 2012 •
Lorenzo Caliendo, Ferdinando Monte and Esteban Rossi-Hansberg have a new column up at VoxEU.org on the subject Firms reorganise to grow (by hiring workers that know and earn less). The basic idea is that firms that reorganise production to grow account...