Via the Money Illusion I see that there is a suggestion to make consumption taxes an automatic stabiliser for a given economy. Russ Abbott, who is a computer science professor at Cal State LA, sent me an ingenious plan for having the Fed use fiscal policy to stabilize the economy. It involves sales tax rebates […]
So crowds for Phoenix games (the professional Wellington Football team) are struggling at the moment. I was just wondering if you fine people had any suggestions – given that the majority of games are likely to be stuck being on Sunday’s, in what ways can the Phoenix shift the demand curve right cost effectively? For […]
Via Marginal Revolution, there are a number of interesting slides discussing changes in skills, demand for skills, and wage inequality. Further investigation brings to light a very awesome paper that discusses a standard model that shows wage inequality with different skills, how to estimate it, and where some shortcomings are. In conjunction with our knowledge […]
There is a relatively new blog around called the Test Pattern, that gets a few individuals together to debate specific public policy issues in written essays. The current debate on the blog is around performance pay for teachers, one such discussion around its merit (or lack of) is given by Robbie Allan here. What do […]
There is an excellent post over at Offsetting Behaviour discussing the reasons why people go vegetarian, and discussing the separation of moral and allocative issues that lead to this choice. The way I see it, there are three main reasons why a person may go vegetarian – these can be mixed and matched of course, […]
Although that is an interesting title, I’m not actually going to talk about anything interesting. Instead, Merry Christmas everyone – and here is a cartoon from Saturday Morning Breakfast Cereal (again): (ht SMBC)