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Fresh Economic Thinking

New ideas and analysis by Dr Cameron K. Murray

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What is landbanking and why does it happen?

The market ensures that tomorrow's homes are built tomorrow, not today

The ageing "crisis" has not and will not happen

People simply assume an older population means more economic dependants. But the data shows falling economic dependency despite rising age dependency.

Housing supply is not new housing production

We should use the term housing supply only to mean supply, not the many other things we use it for.

Aziz Sunderji makes housing Great Again

Plus, I explain one more time how the mainstream view on the 'housing crisis' is wrong

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Home prices don't follow costs. Costs follow prices.

Developers respond to market prices by choosing different densities and higher-quality projects with different costs. That's why there is no such think as "the cost of building a home"

Why change-of-use feasibility is not the same as commercial feasibility

Housing development feasibility is a confusing term that we use to mean two things, so let's create two terms with those exact two meanings

FET #78: Reddit finance discovers superannuation's failures, plus Reddit responses and a note on One Nation

Regular co-host Jonathan Gadir encounters a heated debate on the AusFinance subreddit about the merits of Australia’s superannuation system, something Cameron often raises.

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Productivity Commission given two months to solve housing supply, again.

Australia’s latest housing inquiry is repeating a debate we’ve had for more than a century

The Marginal Cost Controversy and its missing solution

The most famous economic minds never recognised the nested nature of economic margins. This has led to many confusions.

FET #77: What's the modern monetary theory (MMT) view on inflation and the interest burden of public debt?

Friend of the show Mike Fellman joins me to chat about all things macroeconomic.

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