While undertaking some research on income inequality I could no longer help Infometrics Ltd out with forecasting. But before I left I caught economist Mieke Welvaert working on blueprints for my replacement. Although I’ve defended these robots in the past (here and here) it has always been with respect to being compensated for my human […]
This post is dry. But if we want to talk about policy and fairness we gotta do some of the hard work making sure we understand how our ethical principles can be measured. See it as part of trying to build more measures to help us understand arguments around policy given what Sen raises here. So […]
Statistics New Zealand is asking for public consultation on Indicators Aotearoa New Zealand, a consultation motivated here. Now given my own writing on the usefulness of GDP and my concern about injustice rhetoric being used for consumption instead of facing issues that matter I would be expected to have an opinion. Sure I do, it makes […]
As part of catching up with what has been happening in New Zealand I am reading what I can find from New Zealand economists. In doing so I wandered onto this piece by Shamubeel Eaqub of Sense Partners. Firms are finding it hard to recruit, as the pool of qualified job seekers who are not […]
What a perfect chance to rant after describing thinking about GDP this morning! The econ news gods love to provide. Look, I didn’t really agree with the Business New Zealand piece on New Zealand not being a “low wage” economy either – although I’d like people to be a bit clearer with their definition before […]
When it comes to economics the one single issue that seems to get everyone in a room in agreement is that GDP is trash. Here is a transcript from a typical conversation between me and an individual who hears I’m an economist: Individual: “You are an economist! You must agree that GDP is crap.” Nolan: […]