Monthly Archives: June 2011

Offers we can’t refuse; commitments we can’t trust – and other conditions for growing mushrooms

Now that the government has unveiled a multi-coloured map of Christchurch, that represents its current thinking on ‘retiring land’, compensation packages and mass internal migration it’s a good time to reflect on the state of play and highlight a few … Continue reading

Posted in Earthquakes, Economics, New Zealand Politics | Tagged , , , , | 1 Comment

Working hard for the ‘unearned increment’

In the spirit of How Many Elephants in a Blue Whale?, I thought I’d do a quick calculation of how much hard work was in Bill Gates (variously estimated) fortune. At one point, Bill Gates was said to be worth … Continue reading

Posted in Economics, Free Market, Philosophy | Tagged , , , | Comments Off on Working hard for the ‘unearned increment’