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Regulation3

The crippling cost of bureaucracy

Suppose I told you that anticompetitive activity right here in New Zealand was behind a transfer of wealth amounting to, at the very least, hundreds of billions of dollars. The victims of the cartel are New Zealand’s poorest, who have had to endure hardship so substantial that its effects are directly visible in New Zealand’s poverty and material deprivation statistics. Read more

Dr Eric Crampton
Newsroom
22 October, 2019
discussion 1874792 1920

In Praise of Scientific Evidence

“Our goal is to make sure the fight against poverty is based on scientific evidence,” Esther Duflo said shortly after becoming the second woman (and also the youngest economist, at 46) to be awarded the Nobel Prize for Economics. Duflo, along with her husband, Abhijit Banerjee, and Michael Kremer, received this year’s top economics award “for their experimental approach to alleviating global poverty”. Read more

Dr Patrick Carvalho
Insights Newsletter
18 October, 2019
Vote tick3

Local Attention

“In a democracy people get the leaders they deserve,” said the 19th century French philosopher Joseph de Maistre. Looking at the mayoral candidates in New Zealand, it is hard to fathom what Kiwis have done to deserve this year’s contenders. Read more

Insights Newsletter
27 September, 2019
House5

Property rights and Ihumatao blues

The apparently successful illegal occupation of private property in Auckland’s Ihumātao is potentially a serious setback for the rule of law, and thereby New Zealanders’ wellbeing. Also disturbing are the more immediate implications for Auckland housing and the Treaty of Waitangi claims process. Read more

Dr Bryce Wilkinson ONZM
Insights Newsletter
27 September, 2019
homes hills 2

Looking-Glass Economics and Highly Productive Soils

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

Dr Eric Crampton
Insights Newsletter
20 September, 2019
Building house

Housing despair

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

Dr Eric Crampton
Insights Newsletter
23 August, 2019
potatos

We Prefer Potato!

“It is a mistake to think you can solve any major problems just with potatoes,” said Douglas Adams of the Silastic Armourfiends of Striterax in The Hitchhiker’s Guide to the Galaxy. The aliens believed they could control their anger by punching potatoes. Read more

Insights Newsletter
23 August, 2019

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