Category Archives: economics

Should we have rationing/austerity

Should we bring back war-time rationing to save the planet? [ 12/November/21 ] Absolutely not. The problem is not the ability of the planet to provide us with food. We could feed everyone from the land areas of California if … Continue reading

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Markets and values

[ 10/November/21 ] The responsibility to take reasonable action to ensure the life of everyone always outweighs any other personal desire for freedom. Freedom is a vital part of being human, but it must have responsibility if it is to … Continue reading

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What could end world hunger?

What could possibly end world hunger? [ 8/November/21 ] Would be nice if it was as simple as Just Dan’s answer, but it isn’t. Sure, we produce enough food to feed everyone now, and even in the wealthiest and most … Continue reading

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Major risks in the 3 waters reforms.

[ 6/November/21 Local Body Governments have failed with water infrastructure …. people died in Havelock North, sewerage spewing into harbours around the country and onto Wgtn city streets …. 3 Waters – drinking water, rain water and shit No Brainer, … Continue reading

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On Sowell on fairness

[ 6/November/21 Dirk Shared a Thomas Sowell quote “Since this is an era when many people are concerned about ‘fairness’ and ‘social justice’ and what is your ‘fair share’ of what someone else has worked for.”] Many people throughout history … Continue reading

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Milton Friedman quote on markets

[ 5/November/21 Dirk posted a Friedman quote “The most important single fact about a free market is that no exchange takes place unless both parties benefit”] Kind of true, to a limited degree. There are real issues around systemic asymmetries … Continue reading

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What makes the global village

What else makes the world a global village apart from the internet? [ 2/November/21 ] Trade and technology. Leonard Read’s I Pencil is a classic story about just how complex even a “simple” piece of technology like a pencil actually … Continue reading

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Scarcity

Is scarcity really an economic problem or just poor utilization of the available resources? [ 10/October/21 ] Scarcity is the basis of markets and market value. If you doubt that, think about air. It is very important and valuable to … Continue reading

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Consilience Project primer

Daniel S’s facebook post on A first attempt at making simple explainer videos for the long-form Consilience Project articles Democracy and the Epistemic Commons – videoDemocracy and the Epistemic Commons [ 6/October/21 ] I kind of like both the original … Continue reading

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Economic Justice

Dirk’s Facebook post – on economic justice [ 5/October/21 ] This is all overly simplistic. We all need food. If we cant just pick it from a tree, then we need money to get it (for most people who live … Continue reading

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