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“There is a lot of ruin in a nation.” It is one of those sayings that is easy to misinterpret. Taking Adam Smith’s famous quote literally, there are so many ways for a country to go wrong. Read more
Last week’s government Budget increased projected government operating spending over the next four years by $8.4 billion while projected revenue fell by $10.7 billion. Projected government borrowing rose by $20 billion. Read more
Let’s imagine a computer game, shall we? It is called ‘Master Lobbyist’, and your job is to play the governments of two countries off against each other. Read more
If a lot of the government’s health policy people started looking warmly at homeopathy and other kinds of medical pseudoscience and woo, we’d all recognise that as a problem, right? Maybe we would want to test our intuitions about it. Read more
Budget 2023 included a 20 per cent rebate for game development studios that meet a minimum $250,000 expenditure threshold per year. Individual studios will be able to receive up to $3 million per year in rebate funding, and the $160m scheme will be backdated to April 1, 2023. Read more
New Zealand has just received its 2023 Budget. Our Government has a clear predilection for spending. Read more
When I started learning English, I didn’t understand the popular idiomatic proverb: “You can’t have your cake and eat it too.” Of course, you can eat your cake if you have one. It’s the whole point of a cake – being eaten. Read more
In this thought-provoking episode, the Initiative’s economists – Dr Oliver Hartwich, Dr Eric Crampton, Dr Tony Burton, and Dr Bryce Wilkinson – dive into the debate over whether Australia is a better option for skilled talent. They discuss the current challenges faced by New Zealand in terms of health, education, and infrastructure, and how the nation's performance is deteriorating relative to Australia. Read more
An IRD report on effective rates of tax attracted much public attention last week. It was launched by the Minister of Revenue, David Parker. Read more
In 1983’s classic film War Games, computer-whiz Matthew Broderick hacked into Pentagon supercomputer WOPR - almost starting World War 3. WOPR had been programmed for war gaming. Read more