I’ve noticed that a lot of people seem to view Halloween as pointless celebration that is used to help businesses sell candy. Now I don’t think is particularly fair on those who see it as a religious holiday, where this type of celebration can be compared to the way western society celebrates Christmas. However, according […]
According to a number of religious people, there is a Jesus economics. Now I don’t agree with their idea of the sort of economics Jesus presented at all, that may be because I’m not a religious academic, or it could be that these people just didn’t understand what economics actually is (for example they complain […]
Time is tight so I can’t do a real blog post just now. However, I thought I could mention oil shocks and the difference between their impact in the 1970’s and now. Oil prices have gone through the roof in recent times as a result of high world prices. In 2006, New Zealand was also […]
There seems to be a significant debate between the left and right wing blogs about whether Bloomfield Hills is over-taxed or not. However, there is one thing that both sides agree on, if taxes are cut by $1,000, this gives people $1,000 more to spend. This is the point I’m going to discuss. Households receive […]
The OCR was left unchanged at 8.25%. It seems that the RBNZ took a relatively neutral tone, stating that it was happy that without any external shocks the current rate should be sufficient to keep inflation in the target band of 1-3%. However, looking at the set of external shocks the Bank provided seems to […]
Some Canadian developers are making a computer game which simulates driving home drunk. They and police think it will be a great educational tool, showing teenagers how dangerous it is to drive while intoxicated. I’m not sure if I completely agree. Assume that this game will realistically represent driving while drunk. As some people do […]