FET (old posts)

New ideas and analysis by Dr Cameron K. Murray

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Thursday, September 25, 2014

The preference whisperer

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I had a chat today with a freshly minted PhD from an elite US economic school about rationality and utility maximisation. As you do. Ther...
2 comments:
Wednesday, September 24, 2014

Seeking housing supply logic

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A four year long debate over the potential role of town planning regulations in determining the price of housing has occurred at MacroBus...
1 comment:
Tuesday, September 9, 2014

Australia outbuilds Texas, but will the shortage myth die?

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The claim of an Australian land and housing shortage is a myth of epic proportions , perpetuated by vested interests across the media landsc...
3 comments:
Tuesday, September 2, 2014

Land taxes, rent-seeking, boom and bust

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I came across this video today. It's a fairly concise argument about the rent-seeking activities and incentives that perpetuate bad econ...
4 comments:
Saturday, August 16, 2014

Next Australian housing boom in progress

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I hate high house prices but I am a realist, and I trust the numbers. While history doesn’t always repeat, right now I can hear it rhyme. ...
4 comments:
Wednesday, August 13, 2014

Why has the public service become impotent?

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Guest post Sydney Morning Herald’s economics editor Ross Gittins recently wrote a scathing article about the quality of policy advice c...
2 comments:
Thursday, July 31, 2014

Structural vs individual poverty theories: A comment

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Matt Bruenig has stirred up Noah Smith by laying out why life-coaching is a foolish way to address poverty, since most people churn into...
6 comments:
Sunday, July 20, 2014

Most important chart in human history - debunked

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Exponential growth is one of those things that confuses many people. Here's probably the best example getting traction in social media a...
3 comments:
Wednesday, July 16, 2014

Review: Bubble Economics (Soos and Egan)

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Paul Egan and Philip Soos [1] have a new book out. It available for free  here  (pdf), and it’s called Bubble Economics: Australian Land Spe...
Monday, July 14, 2014

Krugman vs Bank of England (or QE bails out the rich)

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I like Krugman. He takes a common sense approach to economics and writes clearly for a broad audience. But, like others , I have to take i...
6 comments:
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