Oligopoly harms housing affordability

Interesting paper from Jacob Cosman and Luis Quintero that finds the concentration of house builders has a significant impact on construction, and therefore availability and prices. The research is from the US. But it is particularly concerning in Australia, where builders appear to be dropping like flies in the face of the downturn and investor […]

Please give cash, not goods

When comparing cash transfers directly to common development programs, the point estimates indicate no difference in impacts and confidence intervals rule out large differences. We do find that cash transfers increase feelings of autonomy and respect compared to non-cash interventions. From research by Jeremy Shapiro

Finding joy in mathematics

I have always regretted losing touch with maths during high school. Part of this is undoubtedly my fault. I wasn’t a great, or really even that interested in being, a student until midway through university. But there’s also something a bit broken in how we approach maths. Both in school and life generally. I’m talking […]

Knowledge isn’t linear

Human progress isn’t a straight line. This is as true of knowledge as anything else. Only in a computer game does knowledge accumulate through discrete ideas, with defined benefits and pathways. In real life knowledge is messy, unpredictable and often the result of jamming together ideas and experiences in unpredictable ways. While experts can identify […]

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