2016: Is the world on the road to perdition?
Reading the headlines, you might think the world is going to hell in a handcart. Once again there is carnage in global financial markets. Read more
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Reading the headlines, you might think the world is going to hell in a handcart. Once again there is carnage in global financial markets. Read more
Economics provides us with a useful toolbox with which to analyse the world. From Pareto efficiency, to perfect competition and rational irrationality, there is an economic theory that will just about explain anything. Read more
“Will capitalism and globalisation survive the next Global Financial Crisis?” That was the question I put to a panel of international investment strategists at a PortfolioConstruction Forum conference in Sydney this week. To be more accurate, I only passed it on. Read more
Admittedly, Europe’s migration crisis is far more interesting and important, but we have to talk about Greece again. Amid all other crises plaguing Europe at the moment, the financial problems engulfing Athens had temporarily slipped off the front pages. Read more
There are many things that are great about our cool little capital: Wellington’s wind, its regular earthquakes, and of course the Sevens. Though we can’t do much about the former two, at least we can destroy the latter. Read more
The Greens’ proposal that election campaign promises be costed has drawn the praise it is due: it is an excellent proposal. But it is a harder job than it might seem. Read more
Albert Einstein said, “for an idea that does not first seem insane, there is no hope.” If Einstein is right, there is hope for the Greens’ proposal to establish a new office to cost political parties’ new policies. It did not take long for the government to reject the Greens’ idea out of hand. Read more
"Education is a right! Stop the debt sentence!" These were the slogans emblazoned on placards, held by students rallying against the University of Auckland’s 2015 fee hikes. Read more
I prefer making New Year's resolutions for other people rather than for myself. And in that spirit, can we make 2016 the year of not obsessing about whether New Zealand Inc. Read more
Wellington (9 December 2015): The New Zealand Initiative has welcomed the Productivity Commission’s newest enquiry into what a fit-for-purpose urban planning system would look like. Executive Director of the Initiative, Dr Oliver Hartwich, noted that the regulations governing planning are highly fragmented and complex in New Zealand, adding years or decades to major infrastructure projects, and delaying any economic upside that these investments may produce. Read more