I often get told that I must be a crazy free-marketeer because I’m an economist, as if there is something inherently pro-market about economic theory. So when I was reading an article in the JPE today it was refreshing to come across this: The question whether – and why – markets may perform better than …
Category Archive: Quotes
Permanent link to this article: http://www.tvhe.co.nz/2011/04/15/is-economic-theory-inherently-pro-market/
Mar
22
2011
Quote of the Day: Nordhaus and Samuelson
Regular readers of the blog will understand why I instantly thought of Matt Nolan when I read this quote:) Economics cannot answer questions of how much poverty is acceptable and fair, but it can help design more effective programs to increase the incomes of the poor
Permanent link to this article: http://www.tvhe.co.nz/2011/03/22/quote-of-the-day-nordhaus-and-samuelson/
Feb
10
2010
Quote: From Keynes to Key
A famous quote from Keynes: When the facts change, I change my mind. What do you do, sir? This is what John Key really needs to say about the “revelation” that he wouldn’t increase GST in 2008. John Key now knows that increasing GST and reducing income tax is seen as a way to improve …
Permanent link to this article: http://www.tvhe.co.nz/2010/02/10/quote-from-keynes-to-key/
Aug
28
2009
Quote 23: Daniel Little on Popper and meta-social theories
Excellent quote (ht Economist’s View): Popper’s critique of historicism, then, can be rephrased as a compelling critique of the model of the natural sciences as a meta-theory for the social and historical sciences. History and society are not law-governed systems for which we might eventually hope to find exact and comprehensive theories. Instead, they are …
Permanent link to this article: http://www.tvhe.co.nz/2009/08/28/quote-23-daniel-little-on-popper-and-meta-social-theories/
Aug
19
2009
Quote of the day: On subjective experience
As we’ve said before, the first port of call for economists is trying to frame an issue as objectively as possible. However, in a practical sense many economists can’t help jumping in and adding some conclusions along the way. Now, I’m no philosopher so I find it handy to keep some rules of thumb in …
Permanent link to this article: http://www.tvhe.co.nz/2009/08/19/quote-of-the-day-on-subjective-experience/
Aug
14
2009
Quote of the day: On NZ property investment
From David Chaplin’s blog on the Herald site: If New Zealanders have a love affair with property investments, it’s one where government and regulators have acted as pimp. That is awesome – and very true.
Permanent link to this article: http://www.tvhe.co.nz/2009/08/14/quote-of-the-day-on-nz-property-investment/
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