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Treasury’s report this week on long term fiscal position does not make easy reading. Based on historical trends, the analysis shows government spending will consume 43% of GDP, up from 33% currently, by 2061. Read more
Matt Burgess talks to Oliver Hartwich about his latest Herald column about the new political role central banks play. If you would like to listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
Senior fellow David Law discusses changes to Kiwisaver with Oliver Hartwich. If you would like to listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
Once upon a time, central bankers did not tweet. And not just because there was no Twitter. Read more
In recent months there have been a few changes to KiwiSaver with more under consideration. But those who are inclined to tinker with the scheme should be looking at the evidence on its efficacy and thinking about whether any changes are consistent with its objective – to help those with a savings problem save more for their retirement. Read more
To maximise wellbeing, important public policies and programmes must work. They should be rigorously evaluated to ensure that they have the intended effect, are efficient, and meet their objectives. Read more
Oliver Hartwich and Eric Crampton talk to Nelson-based immigration advisor Carsten Hallwass about New Zealand’s immigration settings and the effect of Covid-19. If you would like to listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
Last week’s post-Covid fiscal and monetary policy workshop, hosted jointly by the Reserve Bank and Treasury, seemed designed to warm the policy economics community to higher levels of public debt. While low interest rates mean investment projects that might not normally make the grade can now stack up, stacking up debt builds its own fragility. Read more
The global pandemic has led to a lot of political catchphrases, such as Green New Deal, and Build Back Better. Are these slogans of little substance, or will we soon see the state take a more assertive role in the economy? Read more
According to the Peter Principle, people in a hierarchy tend to rise to their "level of incompetence." While intended as satire, many people will have their own story of the Peter Principle in practice. Of a boss not up to the role they have been promoted to fulfil. Read more
