Unemployment Insurance creates unemployment
Work is underway to design an unemployment insurance (UI) scheme for New Zealand. Such schemes are compulsory and require contributions from individuals. Read more
8 October, 2021
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Were Budgets 2020 and 2021 Illegal?
Parliament, not government, passes legislation. Legislation is law. Read more
Dr Bryce Wilkinson ONZM
30 September, 2021
Illusions of History: How misunderstanding the past jeopardises our future
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
Dr Bryce Wilkinson ONZM
24 September, 2021
Mike Hosking reviews Bryce Wilkinson's NZ Herald article on how misunderstanding the past mars Grant Robertson's economic strategy
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
Dr Bryce Wilkinson ONZM
22 September, 2021
Past illusions and future follies mar Grant Robertson's economic strategy
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
Dr Bryce Wilkinson ONZM
21 September, 2021
Illusions of History: How misunderstanding the past jeopardises our future
Closing his 2020 Budget speech, Finance Minister Grant Robertson looked back to the First and Fourth Labour governments for lessons on how to tackle New Zealand’s current economic challenges. His first history lesson was that the way forward today lay in the “great traditions of the First Labour Government” (1935–49) that “rebuilt New Zealand after the Great Depression” under Prime Minister Michael Joseph Savage. Read more
Dr Bryce Wilkinson ONZM
20 September, 2021
The ease of dodgy business
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
Dr Eric Crampton
20 September, 2021
Submission: The Market study into the retail grocery sector draft report
This submission in response to the Commerce Commission’s (Commission) Market study into the retail grocery sector draft report, is made by The New Zealand Initiative (the Initiative), a think tank supported primarily by major New Zealand businesses. In combination, our members employ more than 150,000 people. Read more
Dr Eric Crampton
26 August, 2021
Power Blackout no case for electricity reform
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
26 August, 2021
Electricity’s iron law
Events have rather overtaken last week’s blackout. The outage on the evening of 9 August left 35,000 households in the dark for up to two hours on the coldest night of the year. Read more
20 August, 2021