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Comments on: Bye bye Buy New Zealand made http://www.tvhe.co.nz/2008/12/07/bye-bye-buy-new-zealand-made/ The Visible Hand in Economics Sun, 07 Dec 2008 22:00:10 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Matt Nolan http://www.tvhe.co.nz/2008/12/07/bye-bye-buy-new-zealand-made/#comment-3934 Sun, 07 Dec 2008 22:00:10 +0000 http://tvhe.wordpress.com/?p=2264#comment-3934 “What about the loss of skills? British (eg) are saying “we don’t make anything anymore?”

The distribution of skills (human capital) is very important – I agree. However, if this human capital is being used effectively, in the most efficient industries, why do we need to “protect it”?

The government has a role for improving the matching between households, skills, and industries – sure. There are transaction costs here that the government can help to reduce. But, protecting industries in this sense won’t do anything to help New Zealander’s gain the “right” set of skills for the global marketplace.

“I’m very glad to see it scrapped.”

Really 😀

“If it weren’t for the campaign I might not have bought SJD’s fantastic ‘Songs from a dictaphone’.”

Unintended consequences aye 🙂

]]> By: Richard http://www.tvhe.co.nz/2008/12/07/bye-bye-buy-new-zealand-made/#comment-3933 Sun, 07 Dec 2008 01:11:59 +0000 http://tvhe.wordpress.com/?p=2264#comment-3933 If it weren’t for the campaign I might not have bought SJD’s fantastic ‘Songs from a dictaphone’.

]]> By: goonix http://www.tvhe.co.nz/2008/12/07/bye-bye-buy-new-zealand-made/#comment-3932 Sun, 07 Dec 2008 00:03:09 +0000 http://tvhe.wordpress.com/?p=2264#comment-3932 I’m very glad to see it scrapped.

]]> By: John http://www.tvhe.co.nz/2008/12/07/bye-bye-buy-new-zealand-made/#comment-3931 Sat, 06 Dec 2008 19:42:57 +0000 http://tvhe.wordpress.com/?p=2264#comment-3931 What about the loss of skills? British (eg) are saying “we don’t make anything anymore?……
and the process goes on trade goods > trade population (high migrates to low for lifestyle and we are one big globalised metropolis)?

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