Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the jetpack domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the avia_framework domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Warning: Cannot modify header information - headers already sent by (output started at /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php:6131) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/feed-rss2-comments.php on line 8
Comments on: Raising Rivals Costs: Bar Edition http://www.tvhe.co.nz/2013/06/14/raising-rivals-costs-bar-edition/ The Visible Hand in Economics Wed, 19 Jun 2013 00:00:30 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Local rent creation: alcohol edition | The Dismal Science http://www.tvhe.co.nz/2013/06/14/raising-rivals-costs-bar-edition/#comment-41196 Wed, 19 Jun 2013 00:00:30 +0000 http://www.tvhe.co.nz/?p=8866#comment-41196 […] the various local Councils.  Dominic over at The Ladder (HT: @EpicBeer , see also TVHE) absolutely nails the economics of the latest round of local proposals. Wellington Council is […]

]]>
By: Brennan McDonald http://www.tvhe.co.nz/2013/06/14/raising-rivals-costs-bar-edition/#comment-41159 Sat, 15 Jun 2013 03:23:00 +0000 http://www.tvhe.co.nz/?p=8866#comment-41159 In reply to Matt Nolan.

As soon as they try and force nightlife into a zone, some cheaper zone or different sorts of events will pop up to take advantage of the lower rent.
The council seems to think that after a bylaw is passed, the firms and consumers affected by that bylaw do not alter their welfare maximising behaviour in any way, shape or form.
Maybe the consequences are secretly intended by council officials – crucifying the bar scene makes inner city living more attractive for some and frees up more lettable floor space for cafes and vintage clothing stores.

]]>
By: Matt Nolan http://www.tvhe.co.nz/2013/06/14/raising-rivals-costs-bar-edition/#comment-41158 Fri, 14 Jun 2013 20:00:00 +0000 http://www.tvhe.co.nz/?p=8866#comment-41158 In reply to jamesz.

Indeed. I think the issue is regulatory capture – which is what is complained about here. If they merely had the habit of thinking about trade-offs this would be less likely, as I fundamentally believe they are NOT doing it with the intention to cause harm!

]]>
By: jamesz http://www.tvhe.co.nz/2013/06/14/raising-rivals-costs-bar-edition/#comment-41153 Fri, 14 Jun 2013 08:16:00 +0000 http://www.tvhe.co.nz/?p=8866#comment-41153 The council aren’t paid to do nothing, after all. Even if preferences were static would we ever converge to optimal regulation, or just circle around somewhere in the vicinity?

]]>
By: Matt Nolan http://www.tvhe.co.nz/2013/06/14/raising-rivals-costs-bar-edition/#comment-41149 Fri, 14 Jun 2013 04:58:00 +0000 http://www.tvhe.co.nz/?p=8866#comment-41149 In reply to Agnitio.

I’m too old to do unrelishable things now, gives me a sore back.

Still if Wellington does screw it’s own bar scene, that gives a competitive edge to other cities like Auckland I guess. If that is what Wellington wants to do …

]]>
By: Agnitio http://www.tvhe.co.nz/2013/06/14/raising-rivals-costs-bar-edition/#comment-41148 Fri, 14 Jun 2013 04:36:00 +0000 http://www.tvhe.co.nz/?p=8866#comment-41148 Doing something to be seen to be doing something… reminds me of “Scenes no civilized society can relish”

]]>