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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
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
Oliver Hartwich talks to Heather du Plessis-Allan on Newstalk ZB about the Government's Covid-19 economic support package. He argues it is a good first step, but more work needs to be done. 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
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
Fiscal responsibility matters. Being careful guardians of the public purse during good times provides flexibility for dealing with nightmare scenarios. Read more
The gloomy headlines say New Zealand just flagged its 28th case of coronavirus. Great. Read more
Wellington, 17 March 2020 - We welcome the Government’s measures to tackle Covid-19 in New Zealand. In particular, we welcome the recently announced travel restrictions, the increased health funding and the support to business. Read more
Eric Crampton joins Radio New Zealand's The Panel to talk about the coronavirus economic package released by the government to help mitigate the impact of border restrictions. Read more