In net terms I am AGAINST the probation policy being put through today. That puts me in a pretty significant minority among my economics peers, oww well it gives us something to talk about. However, I would also add that I am NOT THAT against it – I am only against it in net terms […]
Please, explain to me how the current probation policy is different from the one National is going to introduce! I know about economics, but these subjective terms like “natural justice” do not have a clear meaning to me 🙁 . I was all ready to rail against the scheme this morning because I thought they […]
A recent survey stated that New Zealand exports were “resiliant” in the face of a massive global recession. Now this is something that, at first, might seem unusual. New Zealand relies on exports so much, and if the global economy is collapsing surely we will have no-one left to sell too. However, it is important […]
Over at Financial Armageddon they state that: Analysts naturally factor in the number of people who are out of work when they try to figure out future consumption patterns. But there is more to it, of course. People who are afraid they might lose their job are just as likely to economize or clamp down […]
I see that the PM has been talking about financial economic variables again – this time it is the exchange rate. Now he says it isn’t a big deal as he didn’t say too much – which is true. But nonetheless, he is PM, he isn’t supposed to say anything about the direction of monetary […]
So since the last post I’ve thought of a few other things I could do to get an idea of pricing behaviour. First, lets compare the price of petrol per litre (excluding tax) to the $NZ price per barrel of oil: