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Fresh Economic Thinking

New ideas and analysis by Cameron K. Murray

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Cameron Murray in Fresh Economic Thinking

Aug 4, 2020

A housing absorption rate formula

Housing supply is one of the most misunderstood processes in economics. The reason for this is that…

Cameron Murray in Fresh Economic Thinking

Feb 17, 2020

Bad economics of the stamp duty discourse

This is an expanded version of an article first published at The Conversation.

Cameron Murray in Fresh Economic Thinking

Feb 16, 2020

The easiest retirement system — Retiree Tokens

People are often confused about retirement income systems. Understandably so…

Cameron Murray in Fresh Economic Thinking

Jun 10, 2019

The bathtub analogy of housing supply

Many people hold the view that rezoning land to allow higher density residential uses on each…

1 response

Cameron Murray in Fresh Economic Thinking

May 23, 2019

Rising home prices reduces the willingness to supply homes

It pays to hold land undeveloped rather…

2 responses

Cameron Murray in Fresh Economic Thinking

May 6, 2018

Time to unwind the superannuation system

It is about time someone was honest about Australia’s superannuation system. This multi-trillion dollar financial monstrosity funnels money upwards to the wealthy via tax gifts while failing on its promise to reduce the ‘burden’ of the age pension.

1 response

Cameron Murray in Fresh Economic Thinking

Apr 21, 2018

Delay or Develop? What really determines the rate of new housing supply

Recent reports by Grattan Institute and the Reserve Bank of Australia have argued that zoning is a significant cause of Australia’s high home prices. Yet neither organisation has applied the appropriate…

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Cameron Murray in Fresh Economic Thinking

Feb 6, 2018

New paper: Developers pay developer charges

I have a new paper out — Developers pay developer charges in Cities: The International Journal of Urban Policy and Planning.

In this paper, I estimate the economic incidence of developer charges (taxes paid upon approval to use…

Cameron Murray in Fresh Economic Thinking

Dec 5, 2017

Decent criticisms of economics? Here are 111 of them.

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Cameron Murray in Fresh Economic Thinking

Jun 7, 2017

Throw out the standard urban economics model

If we want to understand urban development our models of it must at least feature the process of development. But in urban economics no one seems to care.