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I was sent a book called “When Giants Fall” – which I am part of the way through. It is very well written, although I have some issues about the economics type ideas in it. Once I have finished it I will be sure to pop a review up. One of the implicit claims in […]
The Interest Blog has linked to a couple of old Dominion Post articles from Infometrics economists: One the provides a metaphor for the slowdown in economic activity. And one that describes the possibility of centrally determined tax rates. (I have mentioned that one before). Enjoy …
Prime Minister Key appears to believe that it is in the interest of the nation for us all to take our tax cuts and throw them around – either spending them or finding other people to spend them for us. However, I don’t see why we have to rely on consumption now or giving to […]
The Fed is going to buy some government bonds. Now, if they fund this buy printing money – doesn’t this effectively imply that they are shifting the burden of their recession from taxpayers to bond holders? If so, isn’t this equivalent to a partial default on debt. I don’t think other countries would be allowed […]
There is nothing wrong with productivity, I love productivity. But why does this government have to bang on about it like it is an issue they actually have control over. Increasing productivity implies that we can make more stuff for the same amount of labour and capital – now this is a completely good thing, […]
So I’ve started reading the moral philosophy and economics book I was discussing, and on the eighth page I found this quote: The idea that studying ethics could help people do economics or policy analysis may seem far-fetched. Why not consult tarot cards instead? Now I do not agree with the first part of the […]