Category Archives: Economics and public policy

Status Goods: Platinum Credit Cards, Social Situations and Psychological Wellbeing

Status Goods: Experimental Evidence from Platinum Credit Cards by Leonardo Bursztyn, Bruno Ferman, Stefano Fiorin, Martin Kanz, Gautam Rao – #23414 (DEV LS PE) Abstract: This paper provides novel field-experimental evidence on status goods. We work with an Indonesian bank that … Continue reading

Posted in Bullshit, Business, Cultural Critique, Economics and public policy | Leave a comment

Airport rail links should be a low(ish) priority

With airport rail links in the news in both Sydney and Melbourne, here’s my recent column for The CEO Magazine arguing that most transport systems have higher priorities. Most people seem to love the idea of airport rail links. Some … Continue reading

Posted in Economics and public policy | 12 Comments

Weekend competition: Why (oh why?) aren’t the Liberal Democrats doing better?

There’s a lot I don’t understand. We don’t have enough space of a proper survey but let me give you an example. Pistachios taste better than hazelnuts. Much better. And yet hazelnut ice cream and gelato are much much yummier than their pistachio … Continue reading

Posted in Cultural Critique, Economics and public policy, Employment, Politics - international | 15 Comments

Hoisted from comments: Copyright, the Google Settlement and torching the second library of Alexandria

One of the privileges of access to what we cool kids call the “back end” of Troppo is that when I write a long, long comment, in an old thread that has taken a new direction, I can make it … Continue reading

Posted in Cultural Critique, Economics and public policy, Geeky Musings, Intellectual Monopoly Privileges, Intellectual Property, IT and Internet, Political theory | 54 Comments

Doughnut economics: The hole is greater than the sum of its parts

A friend wondered aloud on Facebook what I thought of Doughnut economics pointing me to this article by George Monbiot. My reply is reproduced below, but before that, a little hyperventilating from George. Such proposals are familiar; but without a new … Continue reading

Posted in Economics and public policy | 8 Comments

Upmarket Agitprop: Clive James on John Howard on Bob Menzies

An essay prompted by a friend recommending James’ essay I think largely for its defence of Menzies as worthy of more respect he’s been given by the left – which is a fair point. Cross posted from The Mandarin, which, to my surprise … Continue reading

Posted in Cultural Critique, Economics and public policy, History, Political theory, Politics - national | 29 Comments

From the Department of “Why didn’t I think of that”: A natty idea to encourage scientific replication

An Economic Approach to Alleviate the Crises of Confidence in Science: With an Application to the Public Goods Game by Luigi Butera, John A. List – #23335 (PE) Novel empirical insights by their very nature tend to be unanticipated, and … Continue reading

Posted in Economics and public policy, Science, Uncategorized | 3 Comments