Pressreader.com: Rise of the Machines

Really really really get the pressreader.com appFrom The Wall Street Journal, 27 February 2026 Anthropic Turns Down U.S. on AI Guardrails The Wall Street JournalBY AMRITH RAMKUMAR Anthropic said it wouldn’t back down in a dispute with the Defense Department over artificial-intelligence guardrails, complicating efforts to reach a compromise ahead…

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Cross-Cultural Language Difference Appreciation

Interesting day! Quietly loving how the Broadcasting Standards Authority (BSA) operates 🙂The BSA is a New Zealand government body created under the Broadcasting Act 1989. Their function is to “receive and determine complaints from persons who are dissatisfied with the outcome of complaints made to broadcasters”, and to encourage the…

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Sustainable Development Seen Through an Economics Lens

When we think about environmental resources what do we mean by “sustainable” development? Economic growth is the change over time in the volume of goods and services which are available for investment or consumption. With increased production comes higher incomes, wealth, and improved living standards. Economic development, the reward from…

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Housing Cohort Effects

I’m wondering about the systemic effects of large mortgages. I might be wrong, but here goes. The scenarioSo we are looking at moving houses. But moving up in house quality means moving up in price.  Twenty years ago, moving up in quality meant going from a $100,000 house to $200,000 –…

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Greenshoot of Recovery

The Reserve Bank of New Zealand (RBNZ) this week dropped the Official Cash Rate (OCR) to 3.0% from 3.25%. In theory, that should flow through the banking system, and drop the “price of money” (the loan interest rate) which banks demand for mortgages.Cheaper interest rates “should” increase demand for mortgages,…

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Heat, Spiders and Crashed Aeroplanes

Last week I boldly and deftly led from the back a small, but hardy group, of timid (but brave!) adventurous thrill-seeking explorers into the mountains of New Caledonia. Our quest: we searched for the final resting place of a World War 2 United States Airforce Douglas R4D-1 supply plane that…

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Omagosh! Asia is Angry with Donald Trump

BTW: a gentle plug for Pressreader.com, my source of truth, alternative truth, and the most likely thing that occupies the middle.Is he good? Is he bad? Does he care? Is he strong? Does he love America and hate war? Or does he love power, and hate freeloaders..Frequent readers of my…

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Wanna Be an Economist? Take the Test

Show us your skillsWelcome to XXXXXX – we specialise in statistics and numerical analysis.Your ability to read, process, analyse, interpretate and communicate statistical information to a lay audience is fundamental to the position you have applied for.This exercise is designed to allow you to demonstrate your skills at data manipulation,…

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USA National Debt

I’ve previously written about how the US Dollar is the ultimate IOU: the USA seems impervious to monetary crisis. The US Government seems to be able to continuously borrow from the world running some weird sort of international ponzi scheme where it keeps issuing more debt, and international creditors keep…

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Normal Photo…

Check out this pretty normal photo in today’s (26 June 2025) New Zealand Auckland Herald from the NATO Head of Government meeting:… until you zoom in closer and wonder who let in THIS absolutely mad screamer… NATO Heads of GovernmentSo I went to the NATO website and pulled this picture…

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Thank you

CAUTION: GORY PHOTOS IN BLOGWith sepsis and streptococcus infection to my leg, I could have died.Merci beaucoup Doctors Sylvain Rouches and Lisa McIlwraith. Merci New Caledonia’s health system, Allianz Insurance and SPC.Merci beaucoup to Rebecca for her care, my friends and everyone in the health care system who saved my…

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Pretty Trigger Happy

… did President Donald Trump really just drop the single biggest explosive motherlode since Harry Truman?!?I give it 3-6 months before America sees the next 9-11 terrorist attack.Note to world: Iran “didn’t have strong cards”

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Pay Equity Laws and “Structural Gender Discrimination”: Economics Component

As an Economist, this REALLY annoys me: https://www.rnz.co.nz/news/national/560417/opposition-ramps-up-to-government-s-pay-equity-moveThe whole concept that you can look across different industries and try to equate remuneration rates without looking at the demand and supply pressures on the industries themselves is economic ignorance and massively annoying!For Economists, its like people claiming the Earth is flat…

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