Category Archives: Economics and public policy

Australia, New Zealand, the OECD and the better life index

Working out why the Australian economy has left New Zealand’s in the dust for the last thirty years is a bit tricky. I’ve had a go at it on this blog once before. Anyway, now New Zealand is coming back into fashion. They’ve certainly … Continue reading

Posted in Economics and public policy | 3 Comments

A 50 per cent top rate makes sense

My column last week for The CEO Magazine reiterates a point made previously at Troppo: the weight of research shows decisively that high marginal tax rates have little effect on the efforts of most high-income earners. Sample quote: “These research … Continue reading

Posted in Best From Elsewhere, Economics and public policy | 19 Comments

The pervasive externalities of pro-social behaviour: who knew?

Spillover Effects of Institutions on Cooperative Behavior, Preferences and Beliefs By: Engl, Florian (University of Cologne) ; Riedl, Arno (Maastricht University) ; Weber, Roberto A. (University of Zurich) Abstract: Institutions are an important means for fostering prosocial behaviors, but in … Continue reading

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

Will the bank levy actually lower bank profits? Maybe not.

In the comments section of my earlier post about hatred of the banks, John Walker (no relation) asked: If the big four did pass on the tax to their customers, do you think the ‘non big four’ banks, building societies … Continue reading

Posted in Economics and public policy, Politics - national | 1 Comment

“We saw bad research everywhere”

Via Andrew Gelman’s site, here’s a TED talk by US philanthropist Laura Arnold entitled “The Four Most Dangerous Words? A New Study Shows”. It details her journey through the world of social, medical, psychological and other research. It’s a lively … Continue reading

Posted in Best From Elsewhere, Economics and public policy, Science, Society | 13 Comments

Five ways to tell if you’re REALLY doing strategy

Cross posted from the Mandarin. Introduction Strategy is crucial for organisations. But as I’ve previously argued, a great deal of what passes for strategic thinking is a kind of anti-thinking. Typically strategy begins by determining some overarching objective – the end – with … Continue reading

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

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