This year, the Government will spend nearly $190 billion. Yet we know remarkably little about whether those billions represent value-for-money. Read more
For two decades, New Zealand’s school education system has been in a death spiral. In 2007, the Ministry of Education adopted a curriculum bereft of knowledge. Read more
Abstract In an era of generative AI and ubiquitous digital tools, human memory faces a paradox: the more we offload knowledge to external aids, the less we exercise and develop our own cognitive capacities. This chapter offers the first neuroscience-based explanation for the observed reversal of the Flynn Effect—the recent decline in IQ scores in developed countries—linking this downturn to shifts in educational practices and the rise of cognitive offloading via AI and digital tools. Read more
Next week, The New Zealand Initiative will take more than three dozen business leaders to the Netherlands. Why the Netherlands? Read more
| GDP Quarterly Change: | 0.23% |
|---|---|
| GDP Annual Change: | -0.85% |
| Inflation: | 2.30% |
| Optimal OCR: | 3.00% |
| Optimal OCR Gap: | -0.50% |
| Forecasted OCR Change: | -0.25% |
