Monday, September 26, 2016

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Blog – Institute of Economic Affairs
Institute of Economic Affairs
New Zealand’s remarkable economic transformation
September 23, 2016 5:03 AM
When writing a few days ago about the newly updated numbers from Economic Freedom of the World, I mentioned in passing that New Zealand deserves praise “for big reforms in the right direction.” And when I say big reforms, this isn’t exaggeration or puffery. Back in 1975, New Zealand’s score from EFW was only 5.60. To put that in perspective, Greece’s score … Continue reading "New Zealand’s remarkable economic transformation"
The public are wrong. A defence of ‘heartless’ surge-pricing
September 22, 2016 12:09 AM
“How could they be so heartless?” declared a newspaper on Facebook. “Shame on you” screamed the paper’s headline. No, this was not about the despicable bomb attack in Manhattan’s Chelsea neighbourhood on Saturday. It was rather a public shaming for the ride-sharing app Uber after customers complained of increased prices following the explosion. With a … Continue reading "The public are wrong. A defence of ‘heartless’ surge-pricing"
How governments distort and reduce trade
September 21, 2016 1:00 AM
In my recent paper, entitled How Governments Harm Trade, I explain why in most cases the free market works best when governments do not interfere in the prices society engenders by the laws of supply and demand. Those prices, I will argue, reflect human choices played out on a day to day basis, and are … Continue reading "How governments distort and reduce trade"
Will robots and Artificial Intelligence ‘steal’ our jobs?
September 20, 2016 1:28 AM
With labour productivity rising only slowly, and computing power doubling, roughly, every two years, it is easy to see why businesses are eager to replace labour with technology. Perhaps ‘techno-worriers’ are on to something. Looking at the potential impact of robots and AI on employment, two key concerns arise – will unemployment skyrocket? And will … Continue reading "Will robots and Artificial Intelligence ‘steal’ our jobs?"
How app-based ride sharing services overcome information asymmetries
September 19, 2016 3:56 AM
London’s mayor Sadiq Khan is in the process of attempting to increase the regulatory burden on Uber and other app based ride-hailing services. The main detail of the current proposal is to require drivers to undergo an expensive English language test prior to gaining a licence. In truth, these new proposals are less onerous than … Continue reading "How app-based ride sharing services overcome information asymmetries"


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  • Book too extreme for printers

    Anti same-sex marriage campaigner David van Gend believes he is being censored by a decision by McPherson&#
    3 hr ago
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    Why were multiple levels of government acting like they were shocked by news that Hazelwood could close
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    It's a busy calendar and the new governor of the Reserve Bank of Australia will set his agenda. The
    3 hr ago

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  • false polling …

    Reporting of manipulated polls at ‘their’ ABC fails to give the real result, 61% of Australians
    2 hr ago
  • recording errors …

    Mistakes are common with BoM, and who knows when these are corrected, if they are. Apparently Beverley
    September 22, 2016
  • conserved wetland …

    Some pics of wetlands near Broome, now part of a looming Conservation Park. Birds range from Glossy Ibis to
    September 22, 2016

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  • The Promise of Bank Mergers

    In a difficult market, mergers – by enabling banks to cut costs, share information-technology platforms
    September 23, 2016
  • Can South Korea Make More Babies?

    South Korea is facing major demographic challenges, rooted in an ultra-low fertility rate. With the
    September 23, 2016
  • Whither Turkey?

    The accession narrative no longer frames Turkey’s relationship with the European Union, and the
    September 23, 2016

Science and technology

  • The other global drugs problem

      All around the world, drug-resistant infections are on the rise. They now kill more than 700,000
    September 22, 2016
  • Burnt offering

    Read all about it IN 1970 archaeologists digging at Ein Gedi, an ancient settlement on the shores of what
    September 21, 2016
  • Rehydration therapy

    MAKING vaccines often involves growing bugs—and these days the bugs in question are frequently genetically
    September 22, 2016

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Shakesville

  • The Virtual Pub Is Open

    [Explanations: lol your fat . pathetic anger bread . hey your gay .] TFIF, Shakers! Belly up to the bar
    September 23, 2016
  • Two-Minute Nostalgia Sublime

    The Rolling Stones: "Wild Horses"
    September 23, 2016
  • The Friday Blogaround

    This blogaround brought to you by poetry. Recommended Reading: Chauncey: [Content Note: Racism; police
    September 23, 2016

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Andy Worthington

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