The aftermath of the Christchurch earthquake has seen much of New Zealand pulling together to help out affected residents who are in need. It has also seen a scarcity of many essential items as supermarkets close and water is switched off. In particular, queues at petrol stations have been huge and that has prompted Eric …
Monthly Archive: February 2011
Permanent link to this article: http://www.tvhe.co.nz/2011/02/28/on-pricing-and-altruism/
Feb
24
2011
Crisis and policy: A couple of notes on NZ policy
Christchurch has had an earthquake, and this has lead to the discussion of a couple of policy issues. Lets discuss. RBNZ will likely cut the OCR. However, I can see them waiting till their meeting – so they can fully explain what is going on. The reason this matters is: They will want to cut …
Permanent link to this article: http://www.tvhe.co.nz/2011/02/24/crisis-and-policy-a-couple-of-notes-on-nz-policy/
Feb
24
2011
Reminder: Quakes aren’t stimulus
During this undeniably tragic time I’ve noticed a little fallacy flying around again – that the latest quake will at least be good for the economy. This is of course, not the case. Not only does the recent earthquake have massive social costs, but even if we force ourselves to ignore all the pain inflicted …
Permanent link to this article: http://www.tvhe.co.nz/2011/02/24/reminder-quakes-arent-stimulus/
Feb
21
2011
Prices and scarcity: Milk
I see I see, Fonterra and supermarkets have decided to freeze the price of milk. Now if that is what they want to do, I’m sure they have good reason. However, lets all remember one thing: if Fonterra decides to sell milk in NZ more cheaply than it does overseas it is taking a litre …
Permanent link to this article: http://www.tvhe.co.nz/2011/02/21/prices-and-scarcity-milk/
Feb
17
2011
Bollard’s crystal ball, my tarot cards
Given that Alan Bollard felt compelled to get out his crystal ball when it comes to discussing the next year, I feel like I should get hold of my tarot cards to see what the year ahead holds. As I have said previously, the general justification for tarot card reading is the same as for …
Permanent link to this article: http://www.tvhe.co.nz/2011/02/17/bollards-crystal-ball-my-tarot-cards/
Feb
16
2011
A note: Migration and the GFC
There have been claims by the Labour party that rising departures from NZ are the fault of the National party, and that the increase during their tenure was due to the global financial crisis (GFC). Now this is a little bit untrue in terms of the way it is framed, I’ll just quickly point that …
Permanent link to this article: http://www.tvhe.co.nz/2011/02/16/a-note-migration-and-the-gfc/
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