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The kind introductory remarks of Mr Judd provide a valuable framework for my topic. And his invocation of Frederic Bastiat offers an instructive, if unintended, way to frame this lecture. Read more
It was only with some trepidation that I accepted your invitation to speak about the Treaty of Waitangi and the rights of indigenous people, a most controversial subject in New Zealand. At one level, the debates here replicate those that are occurring elsewhere in the world. Read more
The Paper favours greater regulation of takeovers and insider trading and greater coordination, if not amalgamations, of regulatory institutions and regimes. It asks for comments on these proposals and provides 11 specific questions to guide respondents. Read more
The NZBR has taken a close interest in Commerce Act issues because of the pervasive influence of the Act on commercial decision making in New Zealand. Read more
Norman Barry defends the morality of Anglo-American business, a form of which is practised in New Zealand, against critics who argue that market morality has to be imposed from outside. He claims that proposals to impose wider forms of ‘social responsibility’ on firms would be bad for business and, therefore, for society. Read more
The case for stadium and event subsidies is a weak one. The economic arguments in favour of such subsidies do not succeed. Read more
It is vital that Infrastructure Auckland establishes a valid and consistent view of its role and function that conforms fully with its governing legislation. We consider that in the Plan Infrastructure Auckland has not adequately distinguished its responsibilities and activities from those of other agencies and it has given insufficient attention to its statutory obligation to fund public (not private) good activities. Read more
The Regional Land Transport Committee (the Committee) is responsible for preparing the Strategy. The Committee is chaired by a Wellington Regional Council (WRC) councillor and includes the representatives of 17 organisations. Read more
The subject of this paper is a failed venture in international economic cooperation, the Multilateral Agreement on Investment (MAI). I consider the reasons for the failure and its wider implications. Read more
We have supported moving to a single competition threshold test that would apply to trade practices and business acquisitions. Business acquisitions and trade practices are part of a continuum of possible contractual arrangements rather than distinctly different forms. They should therefore be subject to the same regulatory rules. Read more