Never back an opponent into a corner

Because when you have removed options for shared agreement all that remains are “nothing to lose” alternatives.And the world just witnessed American President Trump and Vice President Vance personally humiliate Ukrainian President Zelensky, and remove the Ukraine’s options for achieving a shared agreement to end the bitter war with Russia.The…

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Hot in the Tropics

“So lets go check out this place”, I said to myself this morning after two strong coffees. It was this, or Plan B involving sparking up PlayStation and cracking open a beer. And at 10:30am on a Saturday, Plan B just seemed unseemly.Komoot (a cycling app I’ve got) suggested I…

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Big problems in little New Zealand

I and every economist with a bit more than pudding between our ears saw the economy crashing coming mainly because of the Reserve Bank doing this and this clown doing everything I’ve accused him of in this.Grant and Jacinda started this with REALLY bad economic management, which all the lefties…

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New Zealand’s Next Lorde?

The first thing which struck me is how good Te Pāti Māori’s Hana-Rawhiti Maipi-Clarke voice is! Her’s are not my politics: I’m all for the conversation ACT’s Treaty Principles Bill has started.The modern set of Treaty of Waitangi’s principles have been developed by courts since 1975’s and have been accepted by…

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When was Inflation Beat?

Yeah! Good News! New Zealand’s nailed inflation.Don’t get me wrong – I dislike inflation, and everything about it. I don’t like how sustained persistent inflation is created by the government spending money it doesn’t have and buying up large on both the taxpayer and consumers ticket (inflation is a tax)….

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The Game

I read somewhere that, regardless of the political environment, the top 1-5% of a society will always succeed.They might be the generals in Pakistan, Myanmar or some other dictatorship. Or American Ivy-Leaguers, with their path mapped out by family and familiarity connections. In England, they’re the Ox-bridge or Eton brigade.Regardless…

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Eugenie Sage: Our Most Regressive Politician

Before she, thankfully, stood down from re-election in October, Eugenie Sage from the Greens already ranked highly on my shit-list of worst political decision-makers ever.She was the “brains” behind the outlawing of single use disposable plastic bags. A Really Bad Decision-makerShe wasn’t alone in her left-wing appetitite for using public…

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Working From Home

Lots of the talking heads think that Wellington needs to return to the office for both productivity reasons, and also the good of the inner city.I’m currently at the Bank of New Zealand, and I asked my team why they don’t want to come into the office more. The most…

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Single Issue Voter

ResponsesFirst response in from ACT  Does ACT have a view on the Commission’s opinion around a 50-50 split, and would it seek to implement the Commission’s advice in the elected new parliament?ACT has not formed a position on the 50:50 split as advocated by the Law Commission in 2019. We…

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The Best Stories are Economic

I’m watching These Final Hours. All the best movies are grounded in economics.This wasn’t a Wall Street movie. It wasn’t about money, or greed. It was about economics: choice, constraints, outcomes and uncertainty. It was an apocalypse story based on economics. Wasn’t this an Australian Sci-fi?That’s the thing about sci-fi…

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When a Couple Means Three

From the Bad Supreme Court Decisions file comes this latest missive: Fiona Margaret Mead v Lilach Paul and Brett Paul.A relationship property case starring one guy (Brett) and two women (Fiona and Lilach) all sharing the same bed for 15 years, temporarily swapping in and out other partners, before finally…

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Analysis and Story

There’s a difference between analysis and telling a rollicking good yarn designed to move people.Good analysis draws from the scientific methodology of making falsifiable statements about the world, and testing whether they’re wrong. For example, economics sets up a logical mathematical model as a simplification of the world, and draws…

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Market Structure: Rewarding Political Control and Funding Non-Market Redistribution

Addendum – 23 February 2023: Nobody say “super-normal profits”: https://www.rnz.co.nz/news/business/484767/how-air-new-zealand-went-from-crash-landing-to-stratospheric And still nothing was said about monopoly pricing by the mainstream media. Let’s assume nothing in this world comes for free.If you want something – food / shelter / your hip fixed / your water drinkable – these things are…

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