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Via Gareth Morgan on twitter I spotted the following post from the University of Otago Public Health blog. The money quote: They found that the biggest impact of a minimum price policy was on “harmful” drinkers in the lowest income quintile (7.6% reduction in alcohol), whereas the impact on harmful drinkers in the highest income quintile […]
I hate one chart posts. No that was too weak, I despise single chart posts. But given that I am under the thumb of greater forces than myself (my thesis, my job) I have decided to do one. So what is this chart that tells us about the NZ labour market recovery? It is actually […]
FFS, this is probably the worst example of a physicist treating economists like idiots, and saying something both meaningless and already known, that I’ve seen for a while (via Marginal Revolution).
From Lew on Twitter: The greatest threat to democracy isn't PR practitioners, the media, politicians or the military: it's behavioural economists — Lew (@LewSOS) April 8, 2014 Discuss!
I endorse this post by Aaron Schiff – go read it. You will also notice in the above chart that over the past ten years the number of arrivals has been relatively steady with a slight upwards trend, while departures is more volatile. Thus temporary spikes in net migration seem to be caused more often […]
I see that there is a new paper out discussing the fact that both tradable and non-tradable prices in New Zealand are “high” relative to what people are paying around the rest of the world. I am used to the argument about non-tradable prices being high RELATIVE to tradable prices, but the tradable price argument […]