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Free to Disagree is a new weekly podcast produced by The New Zealand Initaitive. Join Oliver Hartwich and Damien Grant as they talk about New Zealand politics and economics. Read more
Dr Oliver Hartwich talked to Leah Panapa on The Platform about New Zealand's falling fertility rate and NZ First's proposal to pay families $15,000 for each child. Dr Hartwich argued that baby bonuses overseas have mostly been windfall payments for parents who wanted children anyway, and that making housing more affordable would do far more to help Kiwis start bigger families. Read more
Sometimes, a consultation process makes me wonder just how the consultation document got out the door in the first place. Submissions closed last week on the Reserve Bank’s Keeping Cash Local consultation process. Read more
1. INTRODUCTION AND SUMMARY 1.1 This submission on the Reserve Bank of New Zealand’s Keeping Cash Local consultation is made by The New Zealand Initiative (the Initiative), a Wellington-based think tank supported primarily by major New Zealand businesses. Read more
In 1987, on a school trip to the German countryside, my maths teacher made a prediction. Dr Müller had worked at IBM before turning to teaching in our industrial city, Essen. Read more
In this episode, Eric talks with Adam Jarvis, an Emergent Ventures fellow, about what happened when Anthropic held back the public release of its most powerful AI model, Mythos, and the US government then effectively banned non-US citizens from using the version it released instead, Fable. Adam argues that New Zealand is unusually well placed to host hyperscaler data centres, and that the binding constraint is not power or bandwidth but the country's inability to give investors a fast and certain answer. Read more
Dr Eric Crampton talked to Sean Plunket on The Platform about growing concern over data centres, arguing that much of the worry is founded on not understanding the scale of industrial water use and on misunderstanding the effects on electricity networks. Dr Crampton said a data centre proposed for Southland could take water comparable to almost two golf courses, or about a quarter of the average Canterbury irrigation consent, and he argued that fast consenting of new generation, particularly geothermal, would let data centres fund a build out of electricity that reduces overall cost rather than increasing it. Read more
Oliver asked me to make the case for the government’s resource management legislation. It should be read in conjunction with Nick Clark’s critique below. Read more
Eric shows that, under the right ministers, the government’s replacement legislation should be an improvement on the existing RMA. But being better than the RMA is a very low bar. Read more
As an economics student in Germany in the 1990s, I kept encountering two countries at the other end of the world. Whenever a professor wanted to prove that reform was possible, the examples were Australia and New Zealand. Read more