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Comments on: Reminder: Quakes aren’t stimulus http://www.tvhe.co.nz/2011/02/24/reminder-quakes-arent-stimulus/ The Visible Hand in Economics Wed, 16 Mar 2011 11:20:31 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: J@Graphic Packaging http://www.tvhe.co.nz/2011/02/24/reminder-quakes-arent-stimulus/#comment-32866 Wed, 16 Mar 2011 11:20:31 +0000 http://www.tvhe.co.nz/?p=5733#comment-32866 Hopefully we haven’t all forgotten about this, in light of the other world disasters! What’s going on in the damn world these days! RIP all!

]]> By: Katten http://www.tvhe.co.nz/2011/02/24/reminder-quakes-arent-stimulus/#comment-32712 Mon, 28 Feb 2011 21:49:32 +0000 http://www.tvhe.co.nz/?p=5733#comment-32712 HUGE sympathy and thoughts to everyone out in New Zealand, what a terrible disaster this was! Best wishes to everyone affected and the world is still thinking of you believe me!

]]> By: WholesaleAce http://www.tvhe.co.nz/2011/02/24/reminder-quakes-arent-stimulus/#comment-32680 Sat, 26 Feb 2011 03:08:24 +0000 http://www.tvhe.co.nz/?p=5733#comment-32680 Felt really sorry for all my Kiwi friends, no one was hurt but all my sympathy to everyone that suffered in this sad event.

]]> By: Matt Nolan http://www.tvhe.co.nz/2011/02/24/reminder-quakes-arent-stimulus/#comment-32675 Thu, 24 Feb 2011 22:13:41 +0000 http://www.tvhe.co.nz/?p=5733#comment-32675 @Det Mackey

Agreed, the papers have been more balanced this time – I saw that article yesterday morning, before I put this up.

I wrote the post after hearing it discussed on the TV two nights ago – I’m hoping we aren’t going to hear much of it this time. Also, I just wanted to have it written down as I’ve had a number of people say to me “but at least it will be good for the economy”.

]]> By: Det Mackey http://www.tvhe.co.nz/2011/02/24/reminder-quakes-arent-stimulus/#comment-32674 Thu, 24 Feb 2011 22:09:23 +0000 http://www.tvhe.co.nz/?p=5733#comment-32674 Have you got links to stories presenting the quake as good for the economy this time around?

There were plenty last time, but the NZ Herald, at least, has smartened up and the quoted economists have been more careful with how they phrase things. http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10708098

]]> By: Matt Nolan http://www.tvhe.co.nz/2011/02/24/reminder-quakes-arent-stimulus/#comment-32565 Thu, 24 Feb 2011 01:52:35 +0000 http://www.tvhe.co.nz/?p=5733#comment-32565 @rauparaha

Like give me money. I hadn’t thought of that – maybe one day when I have a spare moment.

Also by “you economists” I see you are also talking about yourself 😉

]]> By: rauparaha http://www.tvhe.co.nz/2011/02/24/reminder-quakes-arent-stimulus/#comment-32562 Thu, 24 Feb 2011 01:50:42 +0000 http://www.tvhe.co.nz/?p=5733#comment-32562 So you’re saying flows depend on stocks and stocks depend on flows? It all sounds awfully confusing; you economists are underpaid if you have to sort that mess out. Have you thought about lobbying the government to do something about it?

]]> By: Matt Nolan http://www.tvhe.co.nz/2011/02/24/reminder-quakes-arent-stimulus/#comment-32553 Thu, 24 Feb 2011 01:14:37 +0000 http://www.tvhe.co.nz/?p=5733#comment-32553 @rauparaha

Yar.

Although, there is another point. The long-term flow is dependent on the stock of capital – which will be lower than in the non-quake case. So both the long-term stock of capital and the long-term flow of consumption from the capital stock will be lower.

]]> By: rauparaha http://www.tvhe.co.nz/2011/02/24/reminder-quakes-arent-stimulus/#comment-32551 Thu, 24 Feb 2011 01:11:36 +0000 http://www.tvhe.co.nz/?p=5733#comment-32551 Stocks vs flows, innit?

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