There is an excellent article on the Stuff website about the economics of love, an issue we’ve written about a couple of time before. While I enjoy using economic concepts to describe relationships, I hadn’t actually considered the fact that we have a lot more cold hard data now-a-days with online dating! I quite enjoyed […]
This seems like an insulting and bigoted statement – and it is. It is an arrogant statement that reflects more poorly on me than anyone I could be writing about! I just felt that if I was going to write about this piece discussing inequality in healthcare provision by Auckland University, I should start with […]
It’s been a while since I’ve written down my impression of what is going on and what is happening with New Zealand – because things are just not changing. The events in Europe continue to have a significant impact on what is going on in New Zealand, both by lowering businesses willingness to invest in […]
Via Tyler Cowen on Twitter was this article, combined with the comment “credit growth sluggish”. The view here is that the 4% growth in private sector credit is too weak when compared with historic averages – and that the goal of the Fed should be to focus on the “quantity of credit” here, rather than […]
In a recent post, James recently raised an essential, and fascinating, point on assumptions. To borrow his own words: Assumptions are often made for tractability, rather than realism, yet still influence our conclusions. It isn’t possible to control for the unrealistic assumptions; if it were we wouldn’t have made them. That means our conclusions will […]
Via Blaise Drinkwater (on Google+ of all sites!) was this link from Marginal Revolution. The generational war component comes through this: By speeding the flood of less expensive imported products into Japan, the strong yen is contributing to a broader drop in the prices of goods and services, known as deflation, that has helped retirees […]