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We posted recently criticising the method in which the Law Commission has decided to approach its revamp of alcohol regulation. In the comments there was some vociferous criticism of the BERL report on which the Law Commissions relied for its estimates of the harm of alcohol usage. We were also lucky enough to have a […]
A recent article on Stuff pointed out that there has been a number of police raids of cannabis plantations over the past few months. The justification for this is that cannabis is an illegal drug – and it has been made illegal because people believe that this is socially optimal. Same time people trust CBD […]
Here are some sites that we like to read. New Zealand econ/social science sites Aaron Schiff. Anti-Dismal. Brennan McDonald. Econfix. Economics New Zealand. Economics Today. Ellipsister. Fair play and forward passes. Gareth Morgan. Groping to Bethlehem Not PC. NZAE blog. Offsetting behaviour. Peter Winsley. Prod Blog (NZ Productivity Commission). Rates Blog. Roger Kerr. Sex, drugs, […]
There seems to be a lot of discussion surrounding economists position on the political spectrum. My answer to this would be that economists are not a political group or a club so economists themselves will be spread over the political spectrum. However, I have to admit that the process used when discussing economic issues does […]
It is well known that the default option for a choice hugely influences the outcome of peoples’ decisions. Governments exploit this regularly by, for instance, using opt-out rather than opt-in schemes for pension plans. The idea here is to encourage people to choose the ‘right’ thing without actually constraining their decisions making in any way. […]
It seems the Catholic church has moved into the 21st century with the addition of a few new, and decidedly modern, sins. The new sins on the block are: Environmental pollution; Genetic manipulation; Accumulating excessive wealth; Inflicting poverty; Drug trafficking and consumption; Morally debatable experiments; AND, Violation of fundamental rights of human nature. I don’t […]