
The New Zealand World Order
It all finally started coming together in the 2021 Budget. The pieces existed before it, but nobody had put them together. Read more
Eric Crampton is Chief Economist with the New Zealand Initiative.
He applies an economist’s lens to a broad range of policy areas, from devolution and housing policy to student loans and environmental policy. He served on Minister Twyford’s Urban Land Markets Research Group and on Minister Bishop’s Housing Economic Advisory Group.
Most recently, he has been looking at devolution to First Nations in Canada.
He is a regular columnist with Stuff and with Newsroom; his economic and policy commentary appears across most media outlets. He can also be found on Twitter at @ericcrampton.
Phone: +64 4 499 0790
It all finally started coming together in the 2021 Budget. The pieces existed before it, but nobody had put them together. Read more
A distinct advantage that the bench sciences and medical sciences have over the social sciences is the ability to run experiments. If a clinician wants to run a trial to check whether a new drug might work, the regulatory hurdles can be substantial, but the trial is certainly possible. Read more
In this week’s New Zealand Initiative podcast, the delayed election is finally decided. But the next term for a Labour majority government will be tough as it wrestles with the consequences of Covid-19. Read more
Eric Crampton talks to Bryan Crump on Radio NZ Nights about the problem with climate policy and how this can be utilised for an effective Covid recovery.
The New Zealand Initiative · Eric Crampton the problem with climate policy Read more
Election campaigns are strange times. There can be a lot of talk about policy, but the real policy apparatus of government goes into limbo. Read more
People are more careful when spending their own money than when spending on behalf of others. This truism is especially relevant in election years, but it applies more broadly. Read more
Our Chief Economist Eric Crampton and Max Rashbrooke joined TVNZ Breakfast to discuss the political parties' economic policies in the lead up to the election. Read more
Wealth taxes are tricky things. Even leaving aside the complications in real-world applications that caused the OECD to recommend against them, wealth taxes have an additional pernicious effect. Read more
If your main source of information on this year’s cannabis referendum were the Say Nope To Dope campaign, it would be pretty easy to imagine marijuana-leaf decorated cannabis shops on every corner. Contrary to that campaign’s full-page ads portraying classic Kiwi dairies turned into garish marijuana stores, the Cannabis Legalisation and Control Bill is rather restrictive. Read more
Anybody who watches house prices in Wellington will realise there is a mismatch between demand for homes and supply. Wellington City’s Draft Spatial Plan attempts to address this and the fact that over the next 30 years an extra 80.000 will move to Wellington. Read more
Wellington City’s Draft Spatial Plan, currently out for consultation, asks where the city might find room for another 50-80,000 people over the next thirty years. The challenge is bigger than that. Read more
Voting is not a duty. But if you do vote, you should vote well. Read more
The real fun in Treasury fiscal updates is rarely in the headlines. It’s rather in the finer print where the assumptions underpinning the main estimates are laid out, and where different scenarios are played out. Read more
Treasury’s pre-election fiscal update makes for grim reading. Bryce Wilkinson tallies the numbers, showing the forecasts are based on heroic projections about growth in labour productivity and on greater fiscal discipline than has been the norm. Read more
Last week, National proposed a series of policies to increase the uptake of electric vehicles. Suppose it works exactly as promised and the number of electric vehicles quadruples in the next three years. Read more