I see the RBNZ has come out with the details of the LVR restrictions (loan-to-value limits on mortgages) they may well put in place soon. That is cool. I’m also a big fan of the “question and answer” style discussion of people’s submissions here. Brennan McDonald summarises the details here. However, in the release about […]
Via a self-confessed “long time reader, first time contributor” came this excellent Onion article on job growth being akin to a slug. And to clarify, sources emphasized that the current employment climate isn’t being described as sluggish because it looks like a slug. That reportedly wouldn’t make any sense. No, the slug term is being […]
The discussion about Milton Friedman going on at the moment is great fun – with a bunch of people discussing whether Friedman was Keynesian and what this even means. It all starts with Krugman attacking Friedman’s obsession with monetary aggregates.
Bleh, it was bad enough that Tiwai was being effectively subsidised to start with – but a $30m sweetener. Urg. I would say something – but I’ll leave it up to my work colleagues. On Tiwai and electricity and on the Southland workforce and a managed exit. My additional point, I see no justification for […]
I first remember seeing this paper over on Anti-dismal here. I wanted to mention it over here as well, but forgot! But then Vox-EU came up with a summary as well. Social capital is associated with a host of desirable outcomes: There is more trust and there are more blood donations in towns with lots […]
Saturday Morning Breakfast Cereal is so so good. And this cartoon is golden. Reminds me clearly on the description of economics given here – and why the determination to “make predictions” is a bit dodge. I see Barry Ritholz is also chatting on these things, I will be posting about that at some point! And […]