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On Monday, my fellow columnist Rod Oram delivered a gloomy view of British democracy. Alarmed by Boris Johnson’s prorogation of Parliament, Rod echoed the views of those who believe the Prime Minister has chosen a most dangerous path. Read more
UK Prime Minister, Boris Johnson, has announced that he will close down Parliament until the middle of October. Oliver Hartwich spoke about this move, and what it means for Brexit, on Newstalk ZB. Read more
When US President John F. Kennedy approved the Bay of Pigs invasion in 1961, he relied on advice from his staff, the defence force and the secret service. Read more
After spending the past half a year watching the Brexit drama unfold, it’s easy to forget another Euro crisis is still simmering: that of Europe’s monetary union. For many years, starting with Greece’s sovereign debt crisis in late 2009, the Euro crisis was a staple of our daily news consumption. Read more
When the smallish Skatbank, a direct bank based in Germany’s east, started charging its wealthy private depositors interest in November 2014, it made international headlines. It was the first German bank to do so, and negative interest rates were still regarded as a ridiculous aberration. Read more
As of this week, the American economy has been growing for 121 months, the longest since records began in 1854. On the back of it, the global economy – including New Zealand’s – has been sailing through calm waters. Read more
He famously claimed his chances of becoming Prime Minister were “about as good as the chances of finding Elvis on Mars, or my being reincarnated as an olive”. It probably means Boris Johnson will be a pizza topping in his next life. Read more
A truism in politics has been codified in what’s been called Miles’s Law: “Where you stand depends on where you sit.” In other words, principles can depend a bit on one’s interests. Legend had it that one of the professors who taught courses in antitrust where I went to graduate school liked to quip: “I support antitrust because antitrust supports me.” Consulting in antitrust cases was rather lucrative. Read more
All’s well that ends well. There is a temptation to sum up the resolution of the European Union’s personnel-finding troubles in such a Shakespearean way. Read more
In late June, the Initiative took a delegation of our members to Copenhagen. For a week, more than three dozen New Zealand business leaders traveled Denmark and South Sweden. Read more