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
If you try to make a balloon smaller by squeezing it, you should be careful. It tends not to work well. Read more
A government is not a household and reasoning from wrong assumptions can lead to errors. In the last recourse, households cannot print their own currency. Read more
Minister for Climate Change James Shaw this week announced substantial strengthening of New Zealand’s Emissions Trading Scheme (ETS). Total emissions will be capped, and carbon prices allowed to increase to help reduce New Zealand’s overall greenhouse gas emissions. Read more
The North Island’s drought is getting rather serious. Auckland’s urban water users have been urged to take shorter showers and only to use dishwashers and clothes washing machines when they’re full; they also have been banned from using water-blasters and garden hoses. Read more
Kiwis are very likely heading into the worst economic downturn since the Great Depression. But the nature of this downturn harkens back to even earlier business cycles. Read more
One of the ideas to boost the economy in a post-Covid world is to reopen the borders for international students. Eric Crampton tells Ryan Bridge on The AM Show that New Zealand’s relatively safe status gives the tertiary sector a real opportunity to become a more desirable destination for international students. Read more
National Party leader Todd Muller has said that the party will pledge pushing up the age of eligibility progressively from 65 to 67 starting in 2037. Eric Crampton joins The Panel to discuss the implications and the difference this will make to economy. Read more
Lifeboats are tricky things. If they are overburdened, they can tip and spill everyone out. Read more
A good 2020 Budget would achieve three things. First, it would strengthen the public health response to the pandemic, ensuring that any future outbreaks could be handled through rapid contact tracing, testing and quarantine rather than renewed lockdowns. Read more
The government should have two priorities in this budget. First, and most importantly, the health system needs to be ready for the medium to longer term changes that the pandemic has forced on the country. Read more
A pre-Budget poll shows the majority of Kiwis favour ‘helicopter money’ with many fearful or uncertain about their immediate futures. Eric Crampton discusses better alternatives for helicopter money, such as extending the student loan scheme to non-students, with Wallace Chapman on Radio NZ's The Panel. Read more
Making sense of Wellington Council’s prioritisation of a new convention centre, while the city’s wastewater pipes crumble and streams fill with sewage, is a bit tough. It isn’t how you’d run a household: the new kitchen might take a back seat if the rest of the plumbing is wrecked – and especially if your partner had just been made redundant. Read more
There’s an old short-handled shovel hanging in our garden shed. The plastic handle has split, but the blade and shaft are fine. Read more
Among the more irritating education fads is the idea that schools need to teach a “growth mindset”. It is true that students who think they can improve wind up faring better than those who feel stuck in a hole from which they see no way out. Read more
So far the Government has announced $50 million in funding to support the media industry as it deals with a financial hit from the Covid-19 crisis. There have also been calls for the Government to make digital platforms Google and Facebook share revenue from journalism. Read more