There’s a couple of ideas swirling around my head at the moment, stimulated by MOTU’s paper on New Zealand Frontier Firms, and Bob Jones’s observation here: That fate may still await us if we don’t open the immigration doors. The average age of European kiwis is 40, that is past an…
Another great New Zealand legend bows deeply, and exits stage left…
Sadly, today a New Zealand comedy legend and icon of my early life, David McPhail, died.David joins a sadly long list of New Zealand greats…
Fill your Mind
Back in the day, when the internet wasn’t behind a firewall, you could download and listen to all of Berkeley University’s first year lectures.I used to download all of these onto my MP3 player, and go cycling for 2-3 hours, feeding both body and mind.I’ve found they’ve archived all the…
Finding beauty in the small things
Sometimes…. The morning dishes can look like a Japanese garden water feature…
Permanent Income Hypothesis: a very gentle primer
Revisionist historians and chardonnay socialists find their happy place throwing poo at Milton Friedman’s ideas. Friedman encompasses everything they think is wrong with economics, especially those economic ideas that have changed the world: “The Origin Of ‘The World’s Dumbest Idea’: Milton Friedman”, Steve Denning, Forbes “Milton Friedman: a study in…
When markets operate perfectly
Love this article: https://i.stuff.co.nz/dominion-post/business/residential-property/122735434/new-block-of-townhouses-snapped-up-hours-as-prices-soar-in-the-hutt-valleyAt the moment the government is pumping as much money into the economy as it can. They’re pumping the paper stuff – not the legally binding contracts to deliver work stuff (which is called “fiscal policy”) – into the economy.They’re hoping that, with negative interest rates, banks…
… wise words
Never french kiss a lamprey.