It sounds to me like there is some interest in NZ sbusidising its agricultural industries again (eg here and here). Now, people may be scratching their head even after looking at those links trying to figure out what I’m talking about here. No-one used the word subsidise after all and NZ has strong cross-party support […]
From Kiwiblog we hear the following statements from Bill English: Low-income earners would have to be compensated if GST was increased as a result of the current tax review, Finance Minister Bill English says. … “We don’t want to go down the route of raising taxes,” he said. “The Government has a strong preference not […]
A short post by Tyler Cowen at Marginal Revolution lays down what I think is the most important element of economics blogging. People who learn economics through the blogosphere also receive feedback, especially if they sample dialogue across a number of blogs of differing perspectives. The feedback comes from which arguments other people found convincing. […]
So I see that pseudoephedrine based medication is being made prescription only, and possibly even banned in the “war against P”. This policy has broad-based support in parliament, with both National and Labour supporting it. And like all policies with broad based support it is bad policy.
In an interesting piece on Vox, Ethan Ilzetzki, Enrique G. Mendoza, and Carlos A. Vegh discuss their estimates of fiscal multipliers, and some of the reasons they differ between countries. As multipliers are often used to justify the government spending during a recession, it would be useful to note down how their results related to […]
Latest Dom Post article, any discussion will be found here. Just realised I was sort of implicitly agreeing with Sen’s capability approach. I didn’t write it with that in mind, but it was probably hanging in the back of my head. Feel free to discuss – I promise to get back to real blogging some […]