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In a different country, a long time ago, I once set out to be a weekly columnist. And it was no ordinary column. Read more
Dilbert creator Scott Adams likened knowing a bit of economics to having a mild superpower. High among economists’ mild superpowers is the ability to use formal mathematics to define what words mean. Read more
The meth testing debacle is one of the biggest government failures in recent times. The Office of the Prime Minister’s Chief Science Advisor’s report and the surrounding discussion, much of it predating the report by two years, has shone light on the primary cause: a lack of evidence in policy making. Read more
Oliver Hartwich speaks to Mike Hosking on the Fair Pay Agreements. These agreements will set minimum standards for wages and employment conditions like allowances, weekend and night rates, hours of work and leave arrangements for all workers within industries. Read more
Having a change in government is a bit like moving house. When you pack up the house for a move, you get to take a hard look at a lot of stuff that’s accumulated over the years – things that might have been a mistake to buy in the first place and almost certainly should have been gotten rid of ages ago. Read more
When asked whether they own their home or rent, some people with a mortgage like to joke that the bank really owns it. If you don’t make your mortgage instalment, the bank can, in the limit, take the house away. Read more
If politicians could make companies more productive and innovative by decree, they would have done so a long time ago. That did not stop the previous government from actively trying to steer companies’ research and development activities. Read more
The government plans to build 100,000 ‘affordable’ houses in the next 10 years. How much greater is the housing stock likely to be in 10, 15 or 20 years as a result? Read more
I know that people who aren’t economists manage to raise kids and that it all seems to work out in the end, but I’m not entirely sure how. I have learned that standard practice in the Crampton household diverges a bit from practice elsewhere. Read more
Is it possible to have too both too much and too little of something at the same time? This may sound like a problem posed by quantum physics but the question arises with something much more prosaic: bus drivers. Read more
