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42 search results for: time inconsistency

31

The smoking debate redux

For the first substantive post on this blog I’ve gone with a topic that’s an oldie (for NZers), but a goodie: banning smoking in public places. Britain’s currently going through the growing pains of a conversion to smoke-free public places and economist Tim Harford thinks that the economics of the change just don’t stack up. […]

32

Communication and monetary policy

I was sitting around eating a date scone the other day when I ran into this article by Shamubeel Eaqub.  The topic was central bank communication and whether the RBNZ (New Zealand’s central bank) was doing things well.  Within a number of hours I’d been sent the link numerous times and had received a pile […]

33

Spam, buses, and votes: A Bleg

I have seen a lot of talk about the “vote buses” running around, and I’ve been wondering – do they really make much difference?  Is it a prisoner’s dilemma (more a zero sum game) where parties have to spend money on the bus tour if the other party is to keep their vote the same, […]

34

More questioning of the efficacy of Kiwisaver

On stuff I noticed the following comments by Michael Littlewood. “Simply citing that there are 2.2 million members and $19 billion in the scheme doesn’t actually tell you anything,” the paper’s author, Michael Littlewood said. “It just tells you that KiwiSaver’s popular – and why wouldn’t it be, with the incentives that it has.” Littlewood […]

35

Bleg: Grimes on bubbles

Arthur Grimes recently gave an interview to Reuters, all I’ve seen so far is this write up via Raf on Twitter (cheers).  Now Grimes is an incredibly good New Zealand economist, to put things in perspective I would generally put more weight on a single line of his opinion of something than I would on […]

36

Can’t win in “managing the economy” it seems!

Via Kiwiblog I spotted this: The Government has no qualms about Australian companies shifting jobs to New Zealand because of lower wages. Labour is concerned that New Zealand is becoming a desirable destination for Australian businesses taking advantage of the wage gap. Several big Australian banks and food producers have shifted jobs to New Zealand […]