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The government’s announcement on Sunday of subsidies for electric vehicles did not make any case that the benefits to the public would plausibly exceed the costs. To fail to demonstrate positive net benefits is to fail to make a public wellbeing case for the measure. Read more
The practicalities of the Government’s new ‘feebate’ scheme are still unclear, as the Financial Services Federation’s Lyn McMorran explains in a conversation with Eric Crampton, Matt Burgess and Oliver Hartwich. If you would like to listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
A movie about the Prime Minister’s response to the Christchurch mosque attacks looks less likely by the day. That is for the best. Read more
Matt Burgess, Eric Crampton, Oliver Hartwich and Bryce Wilkinson discuss the Government’s new feebate scheme. Will it help to cut emissions? Read more
Only one thing contributes to our emissions targets: lower emissions. On that standard, this week’s report from the Climate Change Commission fails. Read more
The first rule of any emissions reduction plan is that it reduces emissions. Yesterday’s plan from the Climate Change Commission does not pass this test. Read more
Transport Minister Michael Wood has hinted that congestion charging could be made available to local councils. Dr Eric Crampton discusses congestion charging with Wallace Chapman on Radio New Zealand - The Panel. Read more
Matt Burgess dissects the Climate Change Commission’s final recommendations. If you would like to listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
The problem with economics is that it often uses a language that non-economists do not speak. Take "externalities", for example. Read more
In mid-2019, the Reserve Bank signalled it was considering unconventional monetary policy such as quantitative easing (QE), vulgo: money printing. Back then, Eric Crampton, Robert MacCulloch and I wrote a short paper called The Unreserved Bank of New Zealand: Why unorthodox monetary policy needs boundaries. Read more