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I am increasingly convinced that our impressive economic recovery from COVID is being led by orange cones. The things are everywhere, clogging up our roads and cycleways and footpaths. Read more
Transport Minister Michael Wood has hinted that congestion charging could be made available to local councils. Dr Eric Crampton discusses congestion charging with Wallace Chapman on Radio New Zealand - The Panel. Read more
Anyone who’s gone through strategic planning reviews at places of business under financial distress knows they’re often a prelude to redundancies. Too often, reviews look to see what might be cut, and what can be made of what is left, rather than building toward new opportunities. Read more
In colonial India, Delhi had a little problem with cobras. Since cobras can cause unpleasant things, like death, a solution was needed. Read more
New Zealand’s housing shortage causes a lot of misery. An inflexible housing system makes it very hard for supply to respond to changes in demand. Read more
Last week, The New Zealand Initiative released a paper outlining the perils of rent controls. It was fun to reminisce about our first year of economics study. Read more
Following the release of his recent research note, Rent controls: The next mistake in housing policy, Dr David Law highlights some of the issues of rent controls and explains why it is often older, and high-income earners who end up benefitting the most when rent controls are introduced.
The New Zealand Initiative · Podcast: David Law on the perils of rent controls Read more
What if the real problem with local government is not that there are too many of them, but rather too few? Local Government Minister Nanaia Mahuta in April announced an independent review of local government. Read more
The government’s new housing package, announced in March, will increase rents, and reduce the supply of rental accommodation to the detriment of many. Pressure to intervene in the rental market is already mounting. Read more
It is now clear the government’s housing package was not a joke. The government released the policy shortly before April Fools’ Day. Read more