The Dismal Science

Firms reorganise to grow

Paul Walker Sep 02, 2012

Lorenzo Caliendo, Ferdinando Monte and Esteban Rossi-Hansberg have a new column up at 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... Read More

The great ideas of the social sciences

Paul Walker Sep 02, 2012

At the ThinkMarkets blog Gene Callahan put forward a list of great ideas in social science: * The state as the individual writ large (Plato) * Man is a political/social animal (Aristotle) * The city of God versus the city of man (Augustine) * What ... Read More

Alcohol purchase age

Eric Crampton Aug 29, 2012

I caught a fun call from Christchurch Press reporter Joelle Dally yesterday afternoon. She noted that Doug Sellman disputed my figures and that Sellman claimed I was running a political campaign on the issue. Here are the stats I sent back to the reporter by email after a fire alarm on her side of the call cut the interview short. Read More

Capitalist conspiracies?

Eric Crampton Aug 27, 2012

Bill Kaye-Blake at Groping Towards Bethlehem builds on Thomas Lumley’s post on conspiracy theories and their correlation with beliefs about economics. Bill writes: A conspiracy theory is all about (a) power and (b) ‘truth’. The theory explains that someone with power wants to control the situation. They want to keep us from knowing what’s really … Read More

The Dismal Science

Eric Crampton Aug 24, 2012

Thomas Carlyle called economics the “Dismal Science”, in contrast to what he termed the “Gay Sciences” of poetry and literature. The Dismal Science feed at SciBlogs brings top commentary from the New Zealand economics blogosphere to those more familiar with the Bench Sciences. Curated by the University of Canterbury’s Eric Crampton, who blogs at Offsetting Behaviour, the feed … Read More

New Zealand’s Olympic success – what’s in it for us?

Sam Richardson Aug 13, 2012

Well, the Olympics were again a wonderful source of entertainment and drama - they were compulsory viewing in our household. For a spectacle, you really can't beat an Olympic Games. Mind you, for US$14 billion, it had to be just that! Not surprisingly, much of our attention now turns to the implications of the performances of New Zealand's … Read More

Apples, oranges and V8’s

Sam Richardson Jul 16, 2012

I've been on a blogging hiatus for the past month or so - two weeks in Vietnam, followed by a conference and then two weeks of annual leave doesn't leave a lot of time for blogging. The instant I step back in to the office this morning - wham! It is al... Read More

Who saw this coming?

Sam Richardson May 31, 2012

I have to admit, I thought we, as a country, might just have gone a bit over budget in the hosting of the Rugby World Cup. Rugby New Zealand 2011 didn't though! This from the New Zealand Herald yesterday:The organisers of Rugby World Cup 2011 have post... Read More