Over at Dim Post I see Danyl is discussing the latest (2014) Household Income Report and Piketty’s book Capital in the 21st Century. Excellent – there are lots of important and interesting issues to discussing look at these sources. However, in this instance the data he is using and his interpretation is sadly a bit […]
When it comes to “potential output” there is often a view that the economies potential to produce is determined by the labour, land, and forms of capital that are available to create this output from – and this is right! Furthermore, each of these factors tends to produce a diminishing amount of additional output as […]
During the World Cup, I keep seeing images like the following. It is interesting, there is a lot of play acting in the masterful sport that is Football. It is a pity, as if players just got on with the game we would see longer periods of amazing skill and tactical insights. However
Let’s mix it up with some videos: There are few songs that illustrate the fact that labour-leisure trade-offs differ between individuals than “Me and Bobby McGee”
While the blog was out of action I noticed a lot of people linking the following article by Andrew Dickson and Bill Kaye-Blake (from Groping to Bethlehem). All the links focused on how the article made the case for a tax on sugar. That is fine and all, it was an externality case that we […]
Hi everyone. I’m really sorry about the fact the site has been down over the past couple of weeks, we had issues with our old host disappearing! NZAE 2014 is taking place at the moment, with the details here and the hashtag rolling here. I suggest using the hashtag for everything remotely economics related for […]