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Comments on: Blogging vs sensationalism – Economic Bubble? http://www.tvhe.co.nz/2014/04/24/blogging-vs-sensationalism-economic-bubble/ The Visible Hand in Economics Fri, 02 May 2014 02:01:23 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: New Zealand’s bubble | The Dismal Science http://www.tvhe.co.nz/2014/04/24/blogging-vs-sensationalism-economic-bubble/#comment-43066 Fri, 02 May 2014 02:01:23 +0000 http://www.tvhe.co.nz/?p=11247#comment-43066 […] about why the US to NZ comparison isn’t fair, our shortage of housing being key among them.  Shamubeel also did an excellent post last week noting how the framework for thinking about the issues wasn’t really there – […]

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By: New Zealand’s bubble | The Dismal Science http://www.tvhe.co.nz/2014/04/24/blogging-vs-sensationalism-economic-bubble/#comment-43065 Fri, 02 May 2014 02:01:16 +0000 http://www.tvhe.co.nz/?p=11247#comment-43065 […] about why the US to NZ comparison isn’t fair, our shortage of housing being key among them.  Shamubeel also did an excellent post last week noting how the framework for thinking about the issues wasn’t really there – […]

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By: New Zealand’s bubble http://www.tvhe.co.nz/2014/04/24/blogging-vs-sensationalism-economic-bubble/#comment-43048 Wed, 30 Apr 2014 01:04:59 +0000 http://www.tvhe.co.nz/?p=11247#comment-43048 […] about why the US to NZ comparison isn’t fair, our shortage of housing being key among them. Shamubeel also did an excellent post last week noting how the framework for thinking about the issues wasn’t really there – […]

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By: Miguel Sanchez http://www.tvhe.co.nz/2014/04/24/blogging-vs-sensationalism-economic-bubble/#comment-43028 Mon, 28 Apr 2014 11:21:00 +0000 http://www.tvhe.co.nz/?p=11247#comment-43028 As cringe-inducing as the media frenzy over this guy has been, it’s been only slightly more so than the breathless reporting of every utterance from the likes of the IMF and World Bank, who know nothing more about New Zealand than what New Zealanders tell them. Apparently the same opinion carries far more weight when it’s held by a foreigner.

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By: Jim Rose http://www.tvhe.co.nz/2014/04/24/blogging-vs-sensationalism-economic-bubble/#comment-43001 Thu, 24 Apr 2014 01:37:00 +0000 http://www.tvhe.co.nz/?p=11247#comment-43001 nice post. the story itself was for a slow news day.

Still, no one has answered Fama’s question: what is a bubble? As Fama said:

“I think most bubbles are twenty-twenty hindsight. Now after the fact you always find people who said before the fact that prices are too high.

People are always saying that prices are too high.

When they turn out to be right, we anoint them. When they turn out to be wrong, we ignore them.

They are typically right and wrong about half the time.”

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By: Blogging vs sensationalism – Economic Bubble? http://www.tvhe.co.nz/2014/04/24/blogging-vs-sensationalism-economic-bubble/#comment-43000 Thu, 24 Apr 2014 01:02:10 +0000 http://www.tvhe.co.nz/?p=11247#comment-43000 […] Shamubeel Eaqub Social media frenzy over the news-quiet Easter weekend. Blooger at Forbes.com says NZ economy is […]

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By: justme http://www.tvhe.co.nz/2014/04/24/blogging-vs-sensationalism-economic-bubble/#comment-42997 Wed, 23 Apr 2014 20:40:00 +0000 http://www.tvhe.co.nz/?p=11247#comment-42997 Why not use the input-output tables to properly size the agriculture industry? That would provide some picture of what that large service sector is actually serving.

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