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Comments on: The job summit ideas: An opinion http://www.tvhe.co.nz/2009/03/02/the-job-summit-ideas-an-opinion/ The Visible Hand in Economics Fri, 27 Mar 2009 04:54:56 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: How can I reduce child support payments when you live in another state making minimum wage? | Parenting Advice and Custody Tips http://www.tvhe.co.nz/2009/03/02/the-job-summit-ideas-an-opinion/#comment-18512 Fri, 27 Mar 2009 04:54:56 +0000 http://www.tvhe.co.nz/?p=3053#comment-18512 […] The job summit ideas: An opinion | TVHE […]

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By: Crampton, Walker on policy | TVHE http://www.tvhe.co.nz/2009/03/02/the-job-summit-ideas-an-opinion/#comment-17977 Thu, 12 Mar 2009 19:10:33 +0000 http://www.tvhe.co.nz/?p=3053#comment-17977 […] the policies that they have put through just aren’t good policies as we have suggested here (as even if what they are aiming to do is the right thing to do – there are far better ways of […]

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By: Matt Nolan http://www.tvhe.co.nz/2009/03/02/the-job-summit-ideas-an-opinion/#comment-17504 Mon, 02 Mar 2009 21:55:56 +0000 http://www.tvhe.co.nz/?p=3053#comment-17504 “Remove the dole, remove the minimum wage, and let the market take its course is by far the best solution for NZ as a whole.”

No no no. As a society we are willing to sacrifice some output in order to ensure that the distribution of income etc is fair. That is one of the primary reasons for government.

The fact is that the market solution ensures the most efficient allocation of resources – but it doesn’t necessarily ensure the maximum happiness for society, which is the goal.

The concept of “saving jobs” completely misses the point – but once we move past that there is a role for redistribution. I am pretty sure that most of New Zealand is willing to have a minimum income for everyone – in order to ensure that those who are unlucky can still live. If it turns out that we are a society that is unwilling to do that, then I would move to a country where they are. However, it is a social contract – there is no strict argument for any level of the dole, either very high or very low. It depends on the values of society.

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By: Matt Nolan http://www.tvhe.co.nz/2009/03/02/the-job-summit-ideas-an-opinion/#comment-17502 Mon, 02 Mar 2009 21:48:36 +0000 http://www.tvhe.co.nz/?p=3053#comment-17502 “Yeah, I don’t know about the training idea. Courses in my field cost between $1k and $2.5k per day, which is a little more than I’m actually paid. I can’t see it working…”

Good point

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By: Sinner http://www.tvhe.co.nz/2009/03/02/the-job-summit-ideas-an-opinion/#comment-17373 Mon, 02 Mar 2009 06:14:44 +0000 http://www.tvhe.co.nz/?p=3053#comment-17373 global demand for tourists has collapsed.

precisely. which is why the cycleway is particuarly stupid. plays well with the greens though.

The fact is, if we cut down the amount people work for a day we are reducing output – plain and simple.

Not quite – and that’s what’s really really clever about this scheme. It will be rolled out throughout the public service – basically allowing people to slack of for half a day a week (they do that anyway, but make it official, closing offices at 1pm on Friday) – but enforcing a 10% pay cut on all civil servants, teachers, etc.

That’s got to be worth something!

Government should definitely help those who suffer most from a recession (namely the unemployed, and people stranded with obsolete skills)

No way. That’s the problem – that’s the biggest single distortion of the labour market. Face it: anyone over 35 who is laid off is unlikely to get any kind of skilled job in NZ – yeah perhaps ditch digging or mowing the cycle way – but we’d be better off without them for sure. Remove the dole, remove the minimum wage, and let the market take its course is by far the best solution for NZ as a whole.

Basically most of the NZ’s “Labour force” are good for only one thing – voting Labour. Their only internationally relevant asset is the market value of their internal organs (and quite often not even then).
If the new environment, if you can’t pay your way internationally, we can’t afford to subsidize you here.

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By: Proper Parenting and Custody Advice for Parents | What happens when a father gets custody but never raise his own children? http://www.tvhe.co.nz/2009/03/02/the-job-summit-ideas-an-opinion/#comment-17356 Mon, 02 Mar 2009 05:04:42 +0000 http://www.tvhe.co.nz/?p=3053#comment-17356 […] The job summit ideas: An opinion | TVHE […]

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By: Richard http://www.tvhe.co.nz/2009/03/02/the-job-summit-ideas-an-opinion/#comment-17325 Mon, 02 Mar 2009 01:37:56 +0000 http://www.tvhe.co.nz/?p=3053#comment-17325 Yeah, I don’t know about the training idea. Courses in my field cost between $1k and $2.5k per day, which is a little more than I’m actually paid. I can’t see it working…

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