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The asymmetry between borrower and lender is well illustrated by Keynes telling the New Zealand Minister of Finance, William ...
Opinion
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Taking Economics
ACT was founded as a party advocating neoliberal economics; neoliberal economists still advise it, even if many of its members do not always appreciate the economics they are signing up to.
Given that it is increasingly difficult to get affordable earthquake insurance, we may have to radically revise the system. Suppose you are exposed to a risk that you cannot protect yourself from. You ...
Implementing the New Zealand Health and Disability System review not only involves major technical problems but creates fascinating political tensions. The government is promising to redisorganise the ...
One Could Reduce Child Poverty At No Fiscal Cost. Following the Richardson/Shipley 1990 ‘redesign of the welfare state’ – which eliminated the universal Family Benefit and doubled the rate of child ...
It is the professionalism – competence and integrity – of the doctors, nurses and technicians who provide the care which obscures the managerial failure. The column-blog, Otaihanga Second Opinion is ...
While many of the world’s Christian religions seem preoccupied with personal issues that Jesus, their founder, barely touched upon, they must engage with economic issues too. Robert Prevost, chose the ...
New Zealand’s electoral system gives it a parliament which represents voters. Its winner-takes-all executive government, however, remains unrepresentative.* (This is a follow on from the earlier ...
Robert Solow transformed the way we think about economic growth. When you are in the trenches, you may not always realise what the war is about. Years later you read an account and see more clearly.
The invitation to comment on the proposed Regulatory Standards Bill opens with Minister David Seymour stating ‘[m]ost of New Zealand's problems can be traced to poor productivity, and poor ...
Do we treat the government finances with the common sense that household’s manage theirs? It is a commonly held view that we should treat the government as if it is a prudent household. We don’t when ...
The Government’s plans to remove the wellbeing provisions in the Public Finance Act represents a reversal of the way society is travelling. I welcomed the Ardern-Robertson’s Government decision to ...