Category Archives: Economics

Believing what you need to believe

It’s a common belief that politics and policy-making would be better if it availed itself of the fruits of scientific endeavour. Some call it ‘evidence-based policy‘ and it is often those on the left who call for much more of … Continue reading

Posted in Economics, Human Wellbeing, New Zealand Politics, Political Psychology | Tagged , , , | 2 Comments

The science and politics of the ‘politics of envy’

The release of Labour’s tax policies – which include a new top tax rate (39cents for income over $150,000), a Capital Gains Tax (at 15%), no GST on fresh fruit and vegetables and a tax free $5,000 threshold – have … Continue reading

Posted in Economics, Human Nature, Human Wellbeing, Labour, New Zealand Politics, Philosophy, politics of envy | Tagged , , , , , , | 3 Comments

Offers we can’t refuse; commitments we can’t trust – and other conditions for growing mushrooms

Now that the government has unveiled a multi-coloured map of Christchurch, that represents its current thinking on ‘retiring land’, compensation packages and mass internal migration it’s a good time to reflect on the state of play and highlight a few … Continue reading

Posted in Earthquakes, Economics, New Zealand Politics | Tagged , , , , | 1 Comment

Working hard for the ‘unearned increment’

In the spirit of How Many Elephants in a Blue Whale?, I thought I’d do a quick calculation of how much hard work was in Bill Gates (variously estimated) fortune. At one point, Bill Gates was said to be worth … Continue reading

Posted in Economics, Free Market, Philosophy | Tagged , , , | Comments Off on Working hard for the ‘unearned increment’