When justifying progressive taxes or any type of transfer people often use the idea of diminishing marginal utility. Now I am not against transfers, I think there are many good reasons justifying transfers, however DMU is not one of them. We’ve discussed issues with this approach before here and here. Fundamentally these were: The utility …
Category Archive: Uncategorized
Permanent link to this article: http://www.tvhe.co.nz/2008/07/23/diminishing-marginal-utility-transfers-and-prices/
Apr 21 2008
(Re)nationalise the grid? Protecting our “Strategic” Assets
You probably all remember the shady tax deal that Transpower did a while ago whereby they sold the South Island Grid to a US bank who kindly leased it back to Transpower for 100 years. Well it appears that the credit crunch is hitting Wachovia (said US bank) pretty hard which has called into question …
Permanent link to this article: http://www.tvhe.co.nz/2008/04/21/renationalise-the-grid-protecting-our-strategic-assets/
Apr 20 2008
Save the people or save the world
An excellent, and often forgotten, point in favour of limiting our response to climate change is the opportunity cost of reducing carbon emissions. Opponents of a policy response often point to the monetary cost to the developed world. Proponents reply that you can’t put a monetary cost on saving the planet. As economists we should …
Permanent link to this article: http://www.tvhe.co.nz/2008/04/20/save-the-people-or-save-the-world/
Mar 17 2008
We moved up in the world!
I’m not sure if anyone has noticed, but we’ve moved to a flashy new address at tvhe.co.nz! It doesn’t really make a lot of difference if you just read the blog, cos our old address points to the new one. BUT our resident statistician is mourning the nosedive of our Technorati ranking from ten bajillion …
Permanent link to this article: http://www.tvhe.co.nz/2008/03/17/we-moved-up-in-the-world/
Recent Comments