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Pricing property rights. Or, how to do sensible value capture rather than giving away public property for free
Prosper Australia released a report last week explaining how and why to price development rights.
May 24
•
Cameron Murray
6
6
1
FET #75: Inheritance taxes seem fair, but policing them seems unfair. Why?
This week, regular co-host Jonathan Gadir is back to discuss inheritance taxes.
May 17
•
Cameron Murray
5
3
2
28:08
Why do these housing charts look like a banana?
How economics makes sense of the banana-shaped patterns in our world
May 10
•
Cameron Murray
10
2
Billionaire Industrial Policy
When governments fund decades-long loss-making ventures that expand the economy’s production capabilities, we call it industrial policy. When a…
May 3
•
Cameron Murray
16
16
1
April 2026
Three housing charts that will make you smarter
Don’t forget about the upcoming Land & Housing Economics Workshop I am hosting in Brisbane in June.
Apr 26
•
Cameron Murray
12
2
1
How to get a decent public return from Australia's gas resources—A 25% export tax? Or something else?
I explain how a scaled variable royalty does the job of a super-profits tax while avoiding the accounting trickery in order to share risk and get a…
Apr 19
•
Cameron Murray
20
7
2
FET #74: How to think about scenarios in the Iran as an economist and scientist, with Paul Frijters
Economics can be thought of as the study of human conflict.
Apr 12
•
Cameron Murray
10
5
2
1:04:10
The Efficient Property Markets Hypothesis: Why Feasible Zoned Housing Capacity Is an Illusion
A persistent idea in planning and housing policy debates is this: Cities need enough sites that are zoned for housing and financially feasible today to…
Apr 6
•
Cameron Murray
14
4
1
March 2026
FET #73: Steve Keen on why economists are often blind to the macro cycle (plus housing and more)
One of the most requested guests on FET has been Professor Steve Keen.
Mar 29
•
Cameron Murray
10
2
2
1:22:37
So, about that "housing shortage"...
Has this phrase become completely empty and meaningless? Or did people always use it as a substitute for "I don't like the current price of homes"
Mar 22
•
Cameron Murray
21
2
5
FET #72: Jim Penman on zoning, politics and fertility
He is best known as the mower man, but Jim is now taking on politics and wants regulations cut back
Mar 15
•
Cameron Murray
5
4
2
1:14:21
Why Your Supply Elasticity Number Is Probably Wrong
The same cities can look like over-regulated one decade and free-market miracles the next, simply because the housing market moves in cycles
Mar 8
•
Cameron Murray
11
13
2
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