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Showing posts with label Cost Benefit Analysis. Show all posts
Showing posts with label Cost Benefit Analysis. Show all posts

Tuesday, March 26, 2024

Professor Robert MacCulloch: PM Luxon & Seymour forgot their own commitment to cost-benefit analysis


PM Luxon & Seymour forgot their own commitment to cost-benefit analysis when talking about the SailGP-Hector Dolphin Furore

A nice feature of NZ is that, in spite of our problems, whether they be homelessness, crime, or inflation, the fate of stranded whales or endangered Hector dolphins awakes our passions often more than tiresome political & economic debates.

Friday, June 30, 2023

Robert MacCulloch: Why Jack Tame should do Economics 101 (and refrain from trying to advise the government)


In a prominent One News editorial, Jack Tame asks "Why don't politicians act on our most harmful drug?" He says, "A study by Otago University, published in the Journal of Psychopharmacology, used 17 different harm criteria to assess the impact of different drugs on New Zealanders. The study considered harm to the individual as well as society at large, and in the end the results weren't even close. Top of the pops, a full 17% ahead of second place, wasn't methamphetamine or opiates or tobacco, but good old-fashioned, buy-it-at-the-supermarket booze".