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These are times like no other. Unless you are well over 80, you would not remember an existential and comprehensive crisis like this. Read more
Milton Friedman was wrong about the euro currency. Before its introduction, the godfather of monetarism predicted Europe’s monetary union would not survive its first recession. Read more
When the going gets weird, the weird turn pro. Or at least that's what Hunter S. Read more
In times of war, parts of the every-day rulebook for liberal democracies must be suspended. To protect personal and economic freedoms, in wartime governments must temporarily curb some of them. Read more
Wellington 23 March 2020 - BusinessNZ and The New Zealand Initiative are encouraging the Government to go further with its economic support package, saying the support package announced last week was the right first step and was greatly appreciated but needed to go further. The New Zealand Initiative’s Executive Director Dr Oliver Hartwich and BusinessNZ’s CEO Kirk Hope noted the Australian Government’s move yesterday, launching a second amount of support and signaling that more was coming. Read more
No one doubts the economic costs of lost jobs and income from Covid-19 will be substantial in the short run. But what can we know about the likely magnitude of those costs? Read more
The gloomy headlines say New Zealand just flagged its 28th case of coronavirus. Great. Read more
There were three things I was looking for in this week's pandemic budget announcement. I was not disappointed. Read more
It took a little while after the Christchurch earthquakes to wrap our heads around that a lot of the city would never be as it was. We had to adjust to the new normal. Read more
New Zealand isn’t the only country pondering if, in today’s world, the most dangerous thing of all is that almost everything is made in China. From low-cost manufactured goods and novel coronaviruses, to university budgets and a fair chunk of New Zealand’s gross domestic product, China is responsible for an outsized slice of the Kiwi pie. Read more