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The government’s Budgets in 2020 and 2021 arguably breached the Public Finance Act 1989. This is a serious concern. Read more
In his latest podcast Leighton Smith discusses a wide range of important issues with Oliver Hartwich including the economy and Covid, interest rates, centralism, education and debt.
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Dr Bryce Wilkinson and Emeritus Professor Gary Hawke join Ben Craven to discuss Bryce’s latest report, The Illusions of History: How misunderstanding the past jeopardises our future. The trio look at some of the prevailing myths of New Zealand’s economic history, and explain the risks of basing contemporary public policy on inaccurate stories of our past. Read more
Work is underway to design an unemployment insurance (UI) scheme for New Zealand. Such schemes are compulsory and require contributions from individuals. Read more
Parliament, not government, passes legislation. Legislation is law. Read more
Who thinks that the current Labour government should seek to emulate the “great traditions” of the 1935 Labour government? At least one person thinks it should, and his opinion counts. Read more
Mike Hosking reviews and reads out part of Bryce Wilkinson's article (published in the NZ Herald) "How past illusions and future follies mar Grant Robertson's economic strategy." Hosking calls it today's "must read". In the article on his new report "Illusions of History: How misunderstanding the past jeopardises our future", Bryce warns that the government's economic policy settings risk a repeat of past mistakes. Read more
In his Budget speech last year, Minister of Finance, Grant Robertson, outlined the government’s policy aspirations. He saw Labour as being able to take decisions that “will define the lives and livelihoods of many people for years to come”. Read more
Two years ago, Paul Romer warned the incoming President of the World Bank that the Bank should outsource its research function because “diplomacy and science cannot both thrive under the same roof.” The Bank depends on good relations with member countries. Romer had been World Bank Chief Economist from 2015 through his early 2018 departure, winning the Nobel Prize in Economics later in 2018. Read more
The blackout which affected thousands of North Island households two weeks ago was shocking in part because blackouts have become so rare. Keeping the lights on requires an almost perfect balance of electricity supplied to and taken from the grid every second of every day. Read more