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VALUING A GOOD TIME, DEARIE

Listener 30 May 1987.

Keywords: Regulation & Taxation;

I imagine that somewhere in the megaliths near the Beehive there is a memorandum advocating the decriminalisation of prostitution. It probably starts with the “general principle” that there should be no artificial barriers to the entry or exit of firms to the industry in New Zealand.

30th May 1987 | Comments Closed

ECONOMIC LIBERALISATION: WHERE DO PEOPLE FIT IN?

Responding to the Revolution: Careers, culture and Casualties ed. A. von Tunzelmann & J. Johnston, (NZIPA, 1987), being the proceedings of the NZIPA 1987 conference. (pp.85-93)

Keywords: History of Ideas, Methodology & Philosophy; Social Policy;

Keynes remarked that practical men (he meant politicians, bureaucrats and businessmen) are but the slaves of some defunct economist, a sentiment that will have been all too apparent over the last few years. Today I want to focus upon some of these defunct economists, to show how economic analysis which is too narrowly directed results in policies for economic change which generate social costs far in excess of any ‘economic’ benefits.

12th May 1987 | Comments Closed