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Were inextricably linked. A quote that illustrates this to me strongly came from a Bloomberg article today. The ECB decided to tell the countries that have high soverign debts to go to hell, and now that they aren’t going to take on the risk themselves private investors aren’t willing to and are selling. This makes […]
Yes the labour market is recovering incredibly rapidly. Yes the labour market is still weak. This illustrates it: In the same vein the Reserve Bank is right that it should lift rates. But should still keep them in stimulatory territory at present. How long it should stay there is an issue for debate – and […]
Hi everyone, We haven’t done a bleg in a while – so I think its time to bring up a new one. I’m wondering what good history books are out there. They can be about any period in history, focused on any part or portion of a historical incidence, the key is that they provide […]
Over at Kiwiblog and at the Herald, the idea of delaying the implementation of the ETS is raised. No matter what Aussie is doing, we shouldn’t do this. Why? Delaying the ETS doesn’t delay our Kyoto liability – it just means that we will have higher taxes to pay for the pollution caused in industries […]
If doing actions that reward a future self is perceived as costly could we justify these actions. If thinking about our wealth, human capital, or ability to live in 10 years time is inconceivable, will me over consume now? In essence this sort of discussion is saying that we discount our future selves TOO steeply […]
Via Dim Post, No Right Turn mentions an article from Werewolf.co.nz by Gordon Campbell. The article supports the idea of exempting GST on food. There were a number of interesting facts, I definitely enjoyed the articles. However, even if all the premises are correct and even given significant social justice goals, I think we have […]