Let Sanity Prevail
Imagine, for a moment, the government were about to pass a Zero Carbon bill that takes the most direct path to success on our emissions targets. What would it look like? Read more
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Imagine, for a moment, the government were about to pass a Zero Carbon bill that takes the most direct path to success on our emissions targets. What would it look like? Read more
If your doctor thinks you may be suffering from a serious illness but the test results suggest you are in the clear, that will seem like good news. But your prognosis will depend on whether your doctor has tested for the right thing. Read more
A common saying about the various stages of social acceptance is: "First they ignore you, then they laugh at you, then they fight you, and then you win." A decade after Bitcoin was born, cryptocurrencies are about to enter the "fight" phase in their quest to become a mainstream means of payment. That is all due to Libra, a new global digital currency that a Facebook-led coalition plans to launch as early as next year. Read more
From cowry shells to metal coins, promissory notes, paper money and plastic, humans have adapted to different currency types over the millennia. Then the first Bitcoin was issued on 3 January 2009. Read more
Chief Economist Eric Crampton speaks about the Provincial Growth Fund and the $50 million that has been spent on feasibility studies.
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Rabobank recently reported farmer confidence had plummeted in the September quarter. Some 41% of surveyed farmers expected the rural economy to worsen next year. Read more
“If the only tool you have is a hammer, everything looks like a nail,” American psychologist Abraham Maslow proclaimed in 1966. The concept refers to the cognitive bias that involves an over-reliance on a familiar tool. Read more
Douglas Adams' classic The Hitchhiker's Guide to the Galaxy offers salient advice about an awful lot of things. Don't listen to Vogon poetry. Read more
Artificial intelligence will soon steal all our jobs, subjecting humans to the whims of a small and privileged capital-owner elite. At least, that is a recurring conspiracy in apocalyptical sci-fi movies or in the minds of modern luddites. Read more
Dr Eric Crampton talks to Radio New Zealand, The Panel about a Universal Basic Income (UBI) and whether it would work in New Zealand. Listen to the full interview below. Read more