Fresh Economic Thinking

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

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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

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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

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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

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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

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FET #71: Crémieux on how bad science and fraud lead to bad policy

Jay Lasker, aka Crémieux on Twitter/X, has spent the past few years digging into bad science and its bad data, especially in health science.

Mar 1 • Cameron Murray

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1:05:26

February 2026

What if Ronald Coase met Henry George? Coase says create property rights. George says tax them.

Let's imagine how the intellectual battle over the economics of property rights would unfold in an imaginary meeting between Coase and George

Feb 22 • Cameron Murray

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FET #70: Tim Sneesby is a real life town planner. Why is he making housing so unaffordable?

You may have heard that our town planning system of rules and institutions that govern land uses in cities and often across the country is stifling new…

Feb 15 • Cameron Murray

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1:02:20

What an economics experiment taught me about corruption and human nature

All social games that steal from the collective pie require coordinating with your mates by repeatedly exchanging costly favours. This article is a…

Feb 8 • Cameron Murray

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FET #69: David Maywald explains how the war on masculinity affects health, education, and families

Has the cultural and political pendulum swung too far in favour of women?

Feb 1 • Cameron Murray

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1:05:46

January 2026

Is 2026 the peak of Australia's housing cycle? Or is there not really one cycle at all?

Digging onto the data with an eye to historical trends

Jan 25 • Cameron Murray

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FET #68: Mark Changizi on the Hidden Logic Behind Emotion, Language, and Social Order

During the COVID panic one of the sane voices was congitive scientist Mark Changizi.

Jan 18 • Cameron Murray

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1:12:22