The Dismal Science

A note for Winston Peters

Paul Walker 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... Read More

The impact of right to carry laws

Paul Walker 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... Read More

Auld keen on debunking Keen (updated)

Paul Walker 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... Read More

Families and urban transport

Bill Kaye-Blake Sep 09, 2012

Wellington really is an odd city. Topography has pushed it to be quite concentrated in parts, making the downtown as dense and walkable as a much larger city. But topography also makes it hard to get from one concentration to another. Well, topography and conscious choices by planners. As a result, travel times are as [...] … Read More

Micro and macro of Christchurch recovery

Bill Kaye-Blake Sep 09, 2012

Someone mentioned to me yesterday that macroeconomic policy has relied on the promise of the Christchurch rebuild for nearly two years. My colleague Shamubeel Eaqub, ever the realist, called it the ‘one crutch’ recovery, and suggests that it will be slow. I suggested a while back that it was crucial to the overall economy. Since we counted on the [...] … Read More