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It is hard to tell whether politicians have forgotten New Zealand’s pioneering work in inflation targeting and the central bank independence needed to back it up. Or if they simply fail to see the risks. Read more
Dr Eric Crampton talked to Sean Plunkett on The Platform about David Seymour's proposal to review mandatory cycle helmet laws and the economic effects of helmet mandates. Dr Crampton explained how helmet requirements may actually reduce overall cycling rates and discussed research suggesting the health costs from decreased cycling could outweigh safety benefits from mandatory helmets. Read more
New research finds that incomes per capita in Italy could be 5% higher if the government wrote better laws. Many laws are confusing and hard to understand. Read more
1. INTRODUCTION AND SUMMARY 1.1 This submission on the Employment Relations Amendment Bill (the Bill) is made by The New Zealand Initiative (the Initiative), a Wellington-based think tank supported primarily by major New Zealand businesses. Read more
The New Zealand Initiative is pleased to submit our comprehensive response to the Government’s Going for Housing Growth Discussion Document focusing on Pillar 1 proposals. This submission represents our analysis of how the proposed reforms can best achieve the stated objective of enabling competitive urban land markets to restore housing affordability in New Zealand. Read more
The latest New Zealand Taxpayers’ Union-Curia poll makes for remarkable reading. If an election were held tomorrow, the country might have a hung Parliament. Read more
Land transport funding is not in great shape. Minister Bishop’s announcement last week of a shift from petrol excise to road user charges should be the first step toward a much better funding system. Read more
I wonder whether Britain’s new role in the world is to show others what not to do. Their government sets policies that are about as sensible as jumping from high cliffs with neither parachute nor bungee cord. Read more
Dr Eric Crampton talked to Mike Hosking on Newstalk ZB about the Treasury report detailing government spending during the COVID-19 period. Dr Crampton highlighted that about half of the spending was not well-targeted and largely wasted, while advocating for the New Zealand Initiative's recommendation of an independent fiscal institution to provide critical advice to Parliament. Read more
Those who grew up reading the old Greek myths will be familiar with Cassandra’s curse. Cassandra was a Trojan princess, blessed by the Gods with the gift of true prophecy – she really could see the future. Read more