Over at Marginal Revolution there is talk of mini-apartments to solve the shortage of accommodation in New York City. This is all well and good, specifically because it reminds me of this time I was standing outside a public toilet. It was a very flash public toilet with a person sitting in a little glass […]
Yesterday we were told two things in media headlines: Dairy weighs on food Food prices up 1.4% in June, biggest monthly rise in a year So what is it, did food prices go up lots or did they fall? Who was right, Stuff or NBR? Well, they were both right – although Stuff was a […]
Here is an article I wrote for the fine people over at Idealog on regulation. The primer is: Tobacco prices must be higher, alcohol availability is going to be limited, and even Coca-Cola has come in for a lashing for being an addictive substance. But this obsession comes with a cost that policymakers need to […]
While enjoying the economics at the NZAE conference this year, I felt that, in 2013, I should really submit something. After a few beers I worked out that my comparative advantage likely lies outside the core of economics – and so I decided that a paper on the economics of tarot card reading was in […]
While sitting today I got very confused. I realised that I could really see future generations currently stealing resources off me in the way I keep hearing. Now, as was quickly pointed out to me by my work colleagues’ resources are in fact being “stolen off me” in two ways: Future taxes will need to […]
This post on VoxEU gives a neat summary of the credit creation process, and the ways that collateral chains have had an impact on the process. I’m not going to reiterate the post – as it is concise, and if you are interested it would be a good idea to go and read it. However, […]