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Population growth and urban development

One useful issue raised by Tony Abbott, Dick Smith and, with less coherence, by Pauline Hanson, is the size of Australia’s immigration intake. Do we want cities of Melbourne and Sydney to have populations of 8 million by 2050? Do we wish, under a high immigration intake scenario, seek to double our total population by […]

Social media-induced failures in the market for news information

The web and social media, such as FB, comprise an innovation that, in some ways, makes us all worse off. For example, FB undermines the printed media because individuals almost endlessly provide hyperlinks to it, thereby providing an open access alternative to buying the content by, for example, purchasing a newspaper. The result is that […]

Kenneth Arrow RIP

Kenneth Arrow was, with Paul Samuelson, one of the two greatest economists that the world has known since at least the time of Lord Keynes. I read of his death at age 95 this evening. An astonishing man, he wrote on a myriad of aspects of modern economics and he wrote well and with great […]

Vietnamese civet coffee

Vietnam is the second largest coffee exporter but its coffee has a low international reputation and much of it ends up in instant coffee brews. In fact, there is a substantial coffee culture in Vietnam with (non-alcohol serving) coffee shops operating everywhere (I made the unspeakably bad error of judgment of asking for a beer […]

Testing connection with FB

A major issue with my WordPress blog is its inability to consistently connect with Facebook whereI spend too much time these days. I have refreshment all settings and this post tests whether a connection has been achieved. I used the WP blog for 10 years so I would dearly like to get things working again. […]