Discussion Tuesday
An easy one for today … 😛 Economics and free will are incompatible Once again, remember that these are points for discussion – I am not saying I agree or disagree with them.
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Author Archive for: Matt Nolan
Entries by Matt Nolan
Countdown and wholesalers: Are consumers the ones benefiting?
There has been a bit of discussion about Countdown hurting wholesalers to get prices down, flexing their muscle shall we say (here and here). The Commerce Commission is concerned about this and is investigating. Via Twitter I noticed that the concerns about supermarkets being bullies has led to an increasing desire to do something about […]
The living wage again: Considering policy choices and trade-offs
I see a new living wage has been released (Via Kiwiblog). We have posted about this recently, briefly noting some areas that need to be considered when thinking about this concept. To help think about policy choices more broadly, Richard Meadows asked a few economists about making the minimum wage equivalent to the living wage […]
A ‘Top 10’ economics links for romance and matching
On Valentine’s Day I had the opportunity to write a Top 10 at 10 for the always good Rates Blog. As it was Valentine’s Day I thought linking to some romantic economics might be a good idea. As the sexiest economist competition started that day – I didn’t have the opportunity to point this out. […]
Woodford’s neuroeconomics
This post by John Cochrane points to a lot of neat papers. I imagine the Gorton and Ordonez paper will get the most attention (eg Noah Smith’s tweet) – Gorton’s view of what happened during the global financial crisis is compelling, and his ‘bank run in the shadow banking system’ thesis is what I use […]
Discussion Tuesday
An interesting quote on an exciting subject today: An understanding of the mechanics of the brain will allow us to reduce human behaviour down to something ‘deterministic’, thereby increasing our understanding of the allocation of scarce resources more fully (neuroeconomics) Once again, remember that these are points for discussion – I am not saying I […]