As I’ve been tardy in hoisting posts up to Dismal Science while hitting a few deadlines lately, here are a few of the best from the past week.*
- Melbourne, population a bit lower than New Zealand, has been consenting at least 1.8 times as many new dwellings as New Zealand lately. They’re doing it explicitly to avoid having a Sydney-style housing shortage. We’re getting better here, but we do still have a ways to go.
- Donal Curtin on the benefits of competition in the airline industry.
- Paul Walker and I wonder about whether the Dunedin stadium should be mothballed. Without seeing the numbers to sort out what portion of the costs are sunk and what part are avoidable by shutting down, it’s impossible to tell. But Christchurch could avoid sinking those costs in the first place…it’s not too late…
- My Top 10 over at Interest.co.nz included discussion of the role of housing in measures of wealth inequality. In related discussion at Offsetting, I wonder why nobody’s parallel importing building materials to bring down construction costs. I also wonder whether tight housing supply is helping to fuel anti-migrant sentiment.
- Back in the States, some of the anti-inequality push has turned into nerd-bashing, as Silicon Valley seems to be doing better than other places. I weigh up Noah Smith’s contribution to that debate and link it to Bryan Caplan’s prior “Jock/Nerd” theory of history.
- Finally, if you just can’t decide what to wear for lecturing, try this.
* Or, at least a selection. Matt Nolan has been having some hosting issues at TVHE that have hit his main site rather than his RSS feed. The list above then is a bit me-heavy, sorry.