Via CPW we have this gem of a discussion point. Once again, remember that these are points for discussion – I am not saying I agree or disagree with them. Would economics, and economists, enjoy a better reputation and be more influential if they jettisoned most of macro-economics as being pseudoscience (as measured by its […]
It is received wisdom that Auckland has had a housing “shortage” for a prolonged period of time due to insufficient supply. However, on the face of it this is a bit strange as: Residential investment: Yes building rates have been low during the past 7 years, but the value of residential investment in the prior […]
Note: I realise I have been writing about Labour’s policies and not other parties – I have been very busy, and only write about things when I get a chance. If you want me to write about any specific party policy, email me, and I will try to have a go 🙂 Labour is talking […]
As someone with the job title “economist”, a large number of my friends only contact me when they want advice on buying currency or whether to fix their mortgage or buy as asset. After providing my thoughts about why things might happen, and what the risks are, I often get the comment “damned two handed […]
I know, I know, I’m very late to the party – while I was busily writing about factor shares and income inequality the big news in New Zealand was this discussion of how our housing market is a “bubble”! A bunch of points have already been made about why the US to NZ comparison isn’t […]
Labour has put a bunch of thought into its discussion on monetary policy – and there is certainly nothing wrong with discussing the issues and putting out a policy document, in fact there is a lot right with that. Furthermore, over their entire document they recognise this is a multi-faceted issue we need to be careful […]