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Satire

Top 10

On capitalism by another name, explaining Trump, the perils of health hype, understanding inequality, Brexit's language barrier, Ikea economics and more. [...]

Friday’s Top 10

In this Friday's Top 10, everything you need to know about the new global economic crisis - and what Donald Trump has to do with it. [...]

An apology

Before any politicians stumble across the idea of a Vehicle Management Act and try to introduce it into parliament, let me just make it clear that this was never meant seriously. We Germans do have a sense of humour, you know. Sometimes it is just a little harder to pick up. [...]

A Vehicle Management Act for NZ

In the interest of an ever wealthier New Zealand, let’s make our cars more expensive. It might even help future politicians win elections on the back of a buoyant vehicle market. [...]

Friday’s Top 10

Okay, so economists disagree on complex questions. That’s bad enough. But what’s even worse about economic literacy is the fact that ordinary people do not even know basic economic facts. [...]

Friday’s Top 10

Economic forecasts were, of course, only invented to make weather forecasters look better. And, as Churchill said, if you ask two economists you get two opinions, unless one of them was Keynes in which case you get three. With no shortage of jokes about economists and their ability to foresee the future, Callam Pickering asks why the profession does not do better – and why forecasts are still useful. [...]

Friday’s Top 10

This week, American airlines demonstrate how markets respond to changing scarcity levels. Due to unrest caused by drug cartels and flooding from heavy rains in Mexico and a drought in California, the price of limes had skyrocketed. Passengers would not need to know about these background developments but they might notice that there is something else in their drinks. [...]

Friday’s Top 10

As lawyers have known since Donoghue v Stevenson, producers should not add dead snails to bottles of ginger beer or they can be liable for neglecting their duty of care. As the Huffington Post reports, an American pimp serving a 100-year jail sentence is trying to add his own extended definition to tort law by suing Nike for US$ 100 million. Why? Because Nike failed to inform him that their shoes could be used as a weapon. [...]

In terms of badly used English

A few years ago, my pet hates in the English language were narrowly defined. They were the handful of words and phrases football star David Beckham typically uttered when reporters courageously interviewed him. ‘You know’, ‘like’ and my personal favourite, ‘like, you know’ were chief among them. [...]

True colours

As I was watching Wellington Phoenix beat Sydney FC 2-0, I wasn’t sure which was stranger: seeing legendary Italian striker Alessandro Del Piero play football in New Zealand, or supporting a team dressed in black and yellow? I grew up supporting my local team, FC Schalke 04, the legendary “Royal Blues” from the West German mining town of Gelsenkirchen. To us Schalkers, the yellow-black colours of arch-rivals Borussia Dortmund are a worse provocation than a red rag to a bull. [...]