FET (old posts)

New ideas and analysis by Dr Cameron K. Murray

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Tuesday, February 25, 2014

What does affordable housing mean?

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In my submission to the Senate Inquiry on Housing Affordability I wrote the following Home ownership and reducing housing costs are...
Monday, February 24, 2014

Inequality is a capital vs labour story

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I was in a seminar recently where the presenter explored some trends in income inequality in Australia, Canada and the US over the past cent...
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Sunday, February 23, 2014

Pretending to care about housing affordability

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Australia is embarking on another Inquiry into housing affordability . In the past decade almost every government body, at every level ...
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Thursday, February 20, 2014

The 140 year cycle in macroeconomic thought

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I am reading Progress and Poverty: An Inquiry into the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth: The ...
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Monday, February 17, 2014

Open borders: A morality play by the 1%

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Alex Tabarrok, who I rarely agree with, has recently argued his moral position on open borders here . There is no doubt that most moral ...
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Tuesday, February 11, 2014

Economics is applied morality

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The ignorance of many highly experienced economists to the moral foundations of their work is quite alarming. As a group, economists typi...
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Thursday, February 6, 2014

Organ markets and the problem of real options

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The fanfare surrounding organ markets within the economics community is often extreme. For many it is the last frontier of market fund...
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Wednesday, February 5, 2014

Poverty is always a relative concept

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This post was sparked by a piece over at The Drum (ABC) by the CIS’s Matthew Taylor. My first mistake was to misunderstand the piece as...
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Tuesday, February 4, 2014

The firm existence puzzle and how we solve it

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One of the more coherent criticisms of our new theory of return-seeking firms  (now published here ) is that it’s not really about firms...
Wednesday, January 29, 2014

Tribes, Gods, Indeterminancy, Property, Capitalism

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The title of this post reflects the tone of my casual reading list for about the last month. I wanted to provide a brief comment on some of ...
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