With a three-day weekend coming up, and a Rugby World Cup final, I published an economist’s guide to drinking responsibly in the Dom last week. You can read it here. What are my tips? So what tips do I have when it comes to drinking? I have already mentioned only taking out a small amount […]
I know we hear a lot about what “monetary policy is” in New Zealand. According to our media monetary policy can make our incomes the same as those in Australia, make the price of everything move in our favour, build us new houses, reduce our reliance on foreign everything, increase and decrease house prices, and […]
In a good post by Doug Reich (ht Not PC) he discusses why the current protests appear to have a great deal of “protesting for the sake of it” rather than having explicit – or testable – desires. The dangerous thing with such protests is the ability for someone to capture the crowd with a […]
I have previously stated that economists are like Jedis. However, I have recently realised the error of my ways – economists are obviously superior to Jedis. In both disciplines you have a person trying to understand the nature of society and find what they can add. Economists do the following: They stand back, look for […]
Robots are awesome That is all. Update: Although I was disappointed with their haka … more work needs to be done
From Ezra Klein we have the following: Those at the 34th percentile of income in the United States are at the 90th percentile globally, and those at the 50th percentile in the United States are at the 93rd percentile globally. Even the very poorest Americans — those at the 2nd percentile of income in the […]