Read on Twitter
I& #39;ve gained many new Twitter followers recently. For those who want to know what I& #39;m all about, this thread is for you.
It links to many recent blogposts on key topics like housing supply, hidden assumptions in economic theory, radical policy ideas, and politics.
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It links to many recent blogposts on key topics like housing supply, hidden assumptions in economic theory, radical policy ideas, and politics.
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Delay or develop? What really determines the rate of new housing supply
https://www.fresheconomicthinking.com/2018/04/delay-or-develop-what-really-determines.html
2/">https://www.fresheconomicthinking.com/2018/04/d...
https://www.fresheconomicthinking.com/2018/04/delay-or-develop-what-really-determines.html
2/">https://www.fresheconomicthinking.com/2018/04/d...
Time to unwind the superannuation system
Both 1) the fees Australians spend on their private retirement accounts and 2) the tax breaks for these accounts, exceed the total age pension system costs (of around $40billion/yr)
https://www.fresheconomicthinking.com/2018/05/time-to-unwind-superannuation-system.html
3/">https://www.fresheconomicthinking.com/2018/05/t...
Both 1) the fees Australians spend on their private retirement accounts and 2) the tax breaks for these accounts, exceed the total age pension system costs (of around $40billion/yr)
https://www.fresheconomicthinking.com/2018/05/time-to-unwind-superannuation-system.html
3/">https://www.fresheconomicthinking.com/2018/05/t...
Rants on socialism, "left" infighting, and more.
https://www.fresheconomicthinking.com/2018/07/july-rants.html
4/">https://www.fresheconomicthinking.com/2018/07/j...
https://www.fresheconomicthinking.com/2018/07/july-rants.html
4/">https://www.fresheconomicthinking.com/2018/07/j...
High property taxes reduce property prices
https://www.fresheconomicthinking.com/2018/07/a-comment-on-property-taxes-and-prices.html">https://www.fresheconomicthinking.com/2018/07/a...
5/
https://www.fresheconomicthinking.com/2018/07/a-comment-on-property-taxes-and-prices.html">https://www.fresheconomicthinking.com/2018/07/a...
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The absurd scale of Australia& #39;s financial rip-offs
We are happy to give away tens of billions to the country& #39;s richest each each year.
https://www.fresheconomicthinking.com/2018/08/the-absurd-scale-of-australias.html
6/">https://www.fresheconomicthinking.com/2018/08/t...
We are happy to give away tens of billions to the country& #39;s richest each each year.
https://www.fresheconomicthinking.com/2018/08/the-absurd-scale-of-australias.html
6/">https://www.fresheconomicthinking.com/2018/08/t...
Free land, dirt cheap
Where I propose that supplying a public housing option for free to every person who wants it is actually a cheap housing policy.
https://www.fresheconomicthinking.com/2018/09/free-land-dirt-cheap.html
7/">https://www.fresheconomicthinking.com/2018/09/f...
Where I propose that supplying a public housing option for free to every person who wants it is actually a cheap housing policy.
https://www.fresheconomicthinking.com/2018/09/free-land-dirt-cheap.html
7/">https://www.fresheconomicthinking.com/2018/09/f...
What is land?
Where I try and explain that land is not like other goods that can be produced, but is more like a financial asset due its property rights characteristics.
https://www.fresheconomicthinking.com/2018/09/what-is-land-it-is-not-product-but.html
8/">https://www.fresheconomicthinking.com/2018/09/w...
Where I try and explain that land is not like other goods that can be produced, but is more like a financial asset due its property rights characteristics.
https://www.fresheconomicthinking.com/2018/09/what-is-land-it-is-not-product-but.html
8/">https://www.fresheconomicthinking.com/2018/09/w...
The new politics of national identity
Includes a good quote from @ScottAdamsSays
"I will go so far as to say that Trump could have run as a Democrat, embraced Bernie Sanders& #39;s entire platform, and won the election anyway."
https://www.fresheconomicthinking.com/2018/10/the-new-politics-of-national-identity.html
9/">https://www.fresheconomicthinking.com/2018/10/t...
Includes a good quote from @ScottAdamsSays
"I will go so far as to say that Trump could have run as a Democrat, embraced Bernie Sanders& #39;s entire platform, and won the election anyway."
https://www.fresheconomicthinking.com/2018/10/the-new-politics-of-national-identity.html
9/">https://www.fresheconomicthinking.com/2018/10/t...
A housing jubilee and lottery to solve affordability
Where I propose a radical redistribution of the ownership of housing to solve all our affordability woes.
https://www.fresheconomicthinking.com/2018/11/a-housing-jubilee-and-lottery-to-solve.html
10/">https://www.fresheconomicthinking.com/2018/11/a...
Where I propose a radical redistribution of the ownership of housing to solve all our affordability woes.
https://www.fresheconomicthinking.com/2018/11/a-housing-jubilee-and-lottery-to-solve.html
10/">https://www.fresheconomicthinking.com/2018/11/a...
Bad economics of the stamp duty discourse
Where I explain that transaction taxes on assets are pretty good, even applied to housing.
https://www.fresheconomicthinking.com/2018/11/bad-economics-of-stamp-duty-discourse.html
11/">https://www.fresheconomicthinking.com/2018/11/b...
Where I explain that transaction taxes on assets are pretty good, even applied to housing.
https://www.fresheconomicthinking.com/2018/11/bad-economics-of-stamp-duty-discourse.html
11/">https://www.fresheconomicthinking.com/2018/11/b...
Unpopular economic opinions
(but was a popular and controversial post)
https://www.fresheconomicthinking.com/2018/11/unpopular-opinions-nov-2018.html
12/">https://www.fresheconomicthinking.com/2018/11/u...
(but was a popular and controversial post)
https://www.fresheconomicthinking.com/2018/11/unpopular-opinions-nov-2018.html
12/">https://www.fresheconomicthinking.com/2018/11/u...
Solving the housing supply mystery
Where I explain why waiting to build housing is optimal for many landowners, even if the price of housing exceeds the cost.
https://www.fresheconomicthinking.com/2018/12/solving-housing-supply-mystery.html
13/">https://www.fresheconomicthinking.com/2018/12/s...
Where I explain why waiting to build housing is optimal for many landowners, even if the price of housing exceeds the cost.
https://www.fresheconomicthinking.com/2018/12/solving-housing-supply-mystery.html
13/">https://www.fresheconomicthinking.com/2018/12/s...
Using economics to justify our fears: The case of ageing and holidays
The weirdness of being concerned about ageing but not weekends, holidays, or extra schooling.
https://www.fresheconomicthinking.com/2019/02/using-economics-to-justify-our-fears.html
14/">https://www.fresheconomicthinking.com/2019/02/u...
The weirdness of being concerned about ageing but not weekends, holidays, or extra schooling.
https://www.fresheconomicthinking.com/2019/02/using-economics-to-justify-our-fears.html
14/">https://www.fresheconomicthinking.com/2019/02/u...
High home prices jack up rents
Explains that renting and buying a substitutes and therefore high home prices will affect rents.
https://www.fresheconomicthinking.com/2019/03/high-home-prices-jack-up-rents.html
15/">https://www.fresheconomicthinking.com/2019/03/h...
Explains that renting and buying a substitutes and therefore high home prices will affect rents.
https://www.fresheconomicthinking.com/2019/03/high-home-prices-jack-up-rents.html
15/">https://www.fresheconomicthinking.com/2019/03/h...
Three economic myths about ageing
Where I explain that ageing should not be feared and immigration doesn& #39;t provide a long-term solution.
https://www.fresheconomicthinking.com/2019/04/three-economic-myths-about-ageing.html
16/">https://www.fresheconomicthinking.com/2019/04/t...
Where I explain that ageing should not be feared and immigration doesn& #39;t provide a long-term solution.
https://www.fresheconomicthinking.com/2019/04/three-economic-myths-about-ageing.html
16/">https://www.fresheconomicthinking.com/2019/04/t...
Rising home prices reduce the willingness to supply homes
Where I explain the incentive to delay building housing when home prices are rising quickly.
https://www.fresheconomicthinking.com/2019/05/rising-home-prices-reduce-willingness.html
17/">https://www.fresheconomicthinking.com/2019/05/r...
Where I explain the incentive to delay building housing when home prices are rising quickly.
https://www.fresheconomicthinking.com/2019/05/rising-home-prices-reduce-willingness.html
17/">https://www.fresheconomicthinking.com/2019/05/r...
The bathtub analogy of housing supply
Where I explain that building a bigger bath (rezoning) doesn& #39;t affect the rate the water flows from the tap (the rate of new housing supply)
https://www.fresheconomicthinking.com/2019/06/the-bathtub-analogy-of-housing-supply.html
18/">https://www.fresheconomicthinking.com/2019/06/t...
Where I explain that building a bigger bath (rezoning) doesn& #39;t affect the rate the water flows from the tap (the rate of new housing supply)
https://www.fresheconomicthinking.com/2019/06/the-bathtub-analogy-of-housing-supply.html
18/">https://www.fresheconomicthinking.com/2019/06/t...
Two problems with opportunity cost
Where I note that the logic presented in textbooks is inconsistent because it 1) compares options with different costs, and 2) ignored the continuous option space.
https://www.fresheconomicthinking.com/2019/07/two-problems-with-opportunity-cost.html
19/">https://www.fresheconomicthinking.com/2019/07/t...
Where I note that the logic presented in textbooks is inconsistent because it 1) compares options with different costs, and 2) ignored the continuous option space.
https://www.fresheconomicthinking.com/2019/07/two-problems-with-opportunity-cost.html
19/">https://www.fresheconomicthinking.com/2019/07/t...
Microeconomic success, macroeconomic failure
Where I explain that policies that work for one person because they help them jump the queue will not work in aggregate.
https://www.fresheconomicthinking.com/2019/08/microeconomic-success-macroeconomic.html
20/">https://www.fresheconomicthinking.com/2019/08/m...
Where I explain that policies that work for one person because they help them jump the queue will not work in aggregate.
https://www.fresheconomicthinking.com/2019/08/microeconomic-success-macroeconomic.html
20/">https://www.fresheconomicthinking.com/2019/08/m...
Housing subsidy and UBI confusion
Where I explain why giving people money won& #39;t make them spend it all on housing, negating the positive benefits.
https://www.fresheconomicthinking.com/2019/09/housing-subsidy-and-ubi-confusion.html
21/">https://www.fresheconomicthinking.com/2019/09/h...
Where I explain why giving people money won& #39;t make them spend it all on housing, negating the positive benefits.
https://www.fresheconomicthinking.com/2019/09/housing-subsidy-and-ubi-confusion.html
21/">https://www.fresheconomicthinking.com/2019/09/h...
Rent control is totally normal price-cap regulation
Where I dispel the myths about rent-control by comparing it to other types of standard monopoly regulation.
https://www.fresheconomicthinking.com/2019/09/rent-control-is-totally-normal-price.html
22/">https://www.fresheconomicthinking.com/2019/09/r...
Where I dispel the myths about rent-control by comparing it to other types of standard monopoly regulation.
https://www.fresheconomicthinking.com/2019/09/rent-control-is-totally-normal-price.html
22/">https://www.fresheconomicthinking.com/2019/09/r...
I also have a book about how the game of political favouritism is played and its economic costs in Australia.
It& #39;s called- Game of Mates: How favours bleed the nation
https://www.amazon.com.au/Game-Mates-favours-bleed-nation-ebook/dp/B06Y1WF2BC
Please">https://www.amazon.com.au/Game-Mate... enjoy.
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It& #39;s called- Game of Mates: How favours bleed the nation
https://www.amazon.com.au/Game-Mates-favours-bleed-nation-ebook/dp/B06Y1WF2BC
Please">https://www.amazon.com.au/Game-Mate... enjoy.
END/
