
A better measure of school performance
Finding that water flows downhill is not all that surprising. But it can be vey much worth knowing how fast that water moves, and how badly wrong we can be if we assume the waters are still. 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
Finding that water flows downhill is not all that surprising. But it can be vey much worth knowing how fast that water moves, and how badly wrong we can be if we assume the waters are still. Read more
Yesterday, the government announced that New Zealand’s decile-based school funding system would be replaced, from 2021, by a funding formula tied to student risk factors. It noted that parents too often conflate a school’s decile rank with its quality. 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
When Alice tried to recite one of her lessons while down the rabbit-hole in Wonderland, she thought only a few words had come out wrong. The Caterpillar corrected her bluntly: “It is wrong from beginning to end.” By contrast, the Cabinet Paper on the National Policy Statement protecting sensitive soils is not wrong from beginning to end. Read more
A new report has found that New Zealand spends 5.5% of our national income on schooling - the seventh highest in the OECD. Chief Economist Dr Eric Crampton spoke to Mike Hosking and said larger class sizes are not a bad thing - if you have good quality teachers. Read more
Let’s say you’ve bought non-refundable tickets for a movie, and then hear scathing reviews. It’s better to tear up the tickets and make other plans for the evening rather than bloody-mindedly watch the film just because you’ve already paid to go. Read more
The great legacy of the reforms of the 1980s and 1990s were the durable institutions that have since guided how we are governed. The Fiscal Responsibility Act set a framework for balanced budgets that has withstood many changes in government. Read more
Freshwater management is a tough political problem. Any substantive reduction in the nutrient load in too many of our rivers will require significant land use changes – and changes in wastewater practices in some towns. Read more
The very best part of grad school was the drinking. Well, not so much the drinking. Read more
A couple of years ago, I wrote a short report making the case that New Zealand is the world’s last sane place. Or, at least, if it’s going mad, it’s going mad more slowly than the rest of the world. Read more
The New Zealand Initiative has been a staunch supporter of the coalition government’s housing agenda. While we warned that Kiwibuild would not fix the housing crisis but rather risked diverting the government’s attention from more important reforms, we have had every confidence in Minister Twyford’s wider vision. Read more
Fans of the classic Australian political satire The Hollowmen will remember the standard trick for inflating a figure when doing political math: roll together several years' expenditures to get a bigger number. A smallish-sounding $10 million spending announcement, rolled up over 10 years, becomes $100 million. Read more
Have you ever driven past one of those stores that mostly sells blinds but calls itself ‘Not Just Blinds’ and wondered whether they should have thought a bit bigger in their marketing? This week, the coalition government announced plans for a parliamentary budget office charged with providing independent costings of election policy promises, and with keeping an eye on the government’s compliance with fiscal rules. Read more
Eric Crampton spoke to Radio New Zealand about the government's proposal to establish a new, independent office to cost the policies of political parties.
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It is the hope that this time it will be different that really kills you. Sisyphus at least knew his labours were futile and could resign himself to the task of forever pushing the boulder uphill. Read more