- Mike Reddell on the RBNZ and housing collapses: the RBNZ Bulletin missed a few important things when looking at the causes of housing crashes - most notably, that regulation-induced near-vertical supply curves exacerbate price movements when demand shifts. RBNZ has complained before, though, about how housing prices were making it harder for them to run inflation targeting, and I think they'd then pointed to land use restrictions.
- Reddell on Anderton's legacy. How should we think about a nice and decent politician whose ideas, if acted upon, would have been overwhelmingly for the worse?
- If you worry less about cybercurrency volatility and more about how different blockchains can be used to solve problems, here's a good explainer on how Etherium works.
- Bryan Caplan's Case against Education is now out. I'll be getting a copy.
- Xavier Marquez on flattery and personalized politics.
Friday 19 January 2018
Afternoon roundup
A selection of the worthies in the weekly closing of the browser tabs:
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