I was incredulous that this lummox Christopher Luxon had ever paid attention during even a basic economics course. Landlords aren’t going to pass any cost reductions on to tenants in rent values. They charge new tenants the rental rates that the market can bear. In the absence of significiant new housing or a reduction in population, that is directly related to what tenants can afford to pay
Damon over at civicanalysis wrote an interesting post over the weekend “How New Zealand can help save the world” (and then pointed my attention to it 🙂 ). It looks at what we can do to structurally alleviate climate change. But also looked at some of the economic benefits
So this post is about a suite of frameworks not to adopt if the goal is to avoid 2 degrees of global warming.
In the cartoon world of Economics 101, there is perfect supply, perfect competition, perfect demand, perfect information and prices for labour (and everything else) are set at their true market values. The real world is somewhat different.
A very interesting article on the BBC – the financial formula that ruined the world. Well, that’s a bit sensationalist, but it’s a […]
Economist Greg Clydesdale has released a report in which he says Pacific Islanders are a drain on the New Zealand economy (exhibiting “significant […]
