Eric Crampton is Chief Economist with the New Zealand Initiative.
He applies an economist’s lens to a broad range of policy areas, from devolution and housing policy to student loans and environmental policy. He served on Minister Twyford’s Urban Land Markets Research Group and on Minister Bishop’s Housing Economic Advisory Group.
Most recently, he has been looking at devolution to First Nations in Canada.
He is a regular columnist with Stuff and with Newsroom; his economic and policy commentary appears across most media outlets. He can also be found on Twitter at @ericcrampton.
Phone: +64 4 499 0790
Everybody knows the dice are loaded. At least according to Canadian policy analyst Leonard Cohen. Read more
The government has made increased competition a highlight of its economic growth agenda. So, one might have hoped that a targeted review of the Commerce Act would aim at the big problems blocking open and competitive markets. Read more
I. Introduction We appreciate the opportunity to comment on the Australian Government’s (“Government”) consultation on the implementation of a new digital competition regime.1 As we outline in our comments, the Government’s proposal rests on the assumption that there exists a broad global consensus on the need for ex-ante rules for digital platforms. This purported consensus is, however, largely overstated. Read more
1. INTRODUCTION AND SUMMARY 1.1 This submission on the discussion document Promoting competition in New Zealand – A targeted review of the Commerce Act 1986 is made by The New Zealand Initiative (the Initiative), a Wellington-based think tank supported primarily by major New Zealand businesses, and the International Center for Law & Economics [ICLE]. Read more
Some essays are timeless. In 1964, Richard Hofstadter diagnosed what he called “The Paranoid Style in American Politics”. Read more
It wasn’t that long ago that New Zealand’s housing market made international news because of its insanity. In 2016, The Guardian tagged Auckland as the “hottest property market in the world” – and part of a housing crisis. Read more
1. INTRODUCTION AND SUMMARY 1.1 This submission on the Resource Management (Consents and Other Systems Changes) Amendment Bill is made by The New Zealand Initiative (the Initiative), a Wellington-based think tank supported primarily by major New Zealand businesses. Read more
I didn’t think it was going to go like this. But here we are. Read more
In this episode, Eric talks to Derek Gill, an adjunct scholar at Victoria University, about new research conducted with colleagues that tracks the growth of New Zealand's regulatory state from 1908 to 2024, revealing a steady increase in regulation averaging 2.4% annual growth since 2008, regardless of which political party was in power. The research challenges the common narrative about deregulation in the 1980s and shows that New Zealand's regulatory growth mirrors international trends, though more work is needed to fully understand secondary legislation and sector-specific patterns. Read more
Dr Eric Crampton spoke to Sean Plunket on The Platform about privatisation. Watch below. Read more
It’s fair to say that economists like competition. It’s also fair to say that, when politicians start talking about competition, economists ought to get a little bit nervous. Read more
In this episode, James, Eric and Oliver critique Dame Anne Salmond's Newsroom article that characterises the proposed Regulatory Standards Bill as part of a broader neoliberal agenda to undermine democracy in New Zealand. They challenge both Salmond's immediate criticisms of the bill (which they argue misrepresents its regulatory quality focus) and her broader historical argument linking classical liberal organisations like the Mont Pelerin Society to anti-democratic movements, arguing instead that classical liberalism has historically stood against totalitarianism and for democratic values. Read more
If you’re reading this in print with your morning coffee, you’re probably not among the terminally online. For those who are among the terminally online, always hooked into what’s going on on Twitter and elsewhere, there’s probably no need to explain the vibes, or the shift in vibes. Read more
In this episode, Oliver, Eric and Michael reflect on New Zealand's key policy achievements in 2024, including education reform, housing policy changes, and foreign direct investment liberalisation, while discussing the significant economic challenges facing the country. They explore Ireland's successful foreign investment strategy, necessary reforms to address structural deficits, and New Zealand's position in international trade, ending with optimism about education improvements planned for 2025. Read more
In this episode, Eric talks to Chief Derek Epp of the Ch'iyáqtel (Tzeachten) First Nation about how his community gained extensive autonomy through Canada's First Nations fiscal institutions, enabling them to control their own zoning, development, and taxation. Chief Epp explains how this framework helped his 750-member band transform from 90% federal dependency to 90% own-source revenue, manage 900 acres serving thousands of non-indigenous residents, restore traditional practices like fish weirs, and become a valued development partner to neighbouring municipalities. Read more