FET (old posts)

New ideas and analysis by Dr Cameron K. Murray

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Tuesday, July 7, 2015

ACE 2015: Day 1

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This week I'm attending the Australian Conference of Economics . The main event today was a debate on the topic that economics educati...
2 comments:
Wednesday, July 1, 2015

Gay marriage: an institutional perspective

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Since I last wrote about the issue I think we have all decided to just call it marriage now . Four years ago I hadn’t put much thought int...
Thursday, June 25, 2015

Dodgy rezoning, a summary

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If you click the news link above you will see that  my research on land rezoning decisions  and the relationship networks of land owners has...
9 comments:
Saturday, June 20, 2015

Division of labour is the outcome, not cause

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I’ve written twice now on the spurious ideas in the division of labour story as an underlying cause of productivity growth in economics. ...
5 comments:
Thursday, June 18, 2015

Endless repositories of ad hoc explanations

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Division of labour. It’s a thing. A big thing in economics. But like many core economic concepts[1] it is mostly an endless repository of ...
Monday, June 15, 2015

The inferiority of renting

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Debates about housing affordability in Australia are clouded by the belief that renting is an inferior substitute to home ownership. Ren...
2 comments:
Wednesday, June 10, 2015

Adam Smith’s Pin Factory: Capital vs division of labour

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Like many well-trained economists, I took  Adam Smith’s argument  about the productivity gains from the division of labour at face value. It...
6 comments:
Monday, June 8, 2015

Will higher standards make apartment residents worse off?

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No.  Despite the fact that the principle lesson of economics is that there is no free lunch, for apartment residents this is a free...
5 comments:
Thursday, June 4, 2015

Renegade Economists interview on dodgy rezoning

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I was interviewed recently about my research on political favouritism in land rezoning by Karl Fitzgerald from Prosper Australia , the coun...
Tuesday, May 26, 2015

Exposing political favouritism in land rezoning

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Property development can be a dirty business, particularly when it comes to land-banking, which is the speciality of Australia’s largest ...
3 comments:
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