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There are those who say that government can only give away the produce of the productive. There are those who say that government can spend up to national income, but not beyond. Read more
In this Quick Take podcast, Roger Partridge outlines the core arguments from his Herald column on Australia’s success against Covid-19 and why setting up a trans-Tasman bubble should now be a government priority. 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
In this episode of the New Zealand Initiative podcast, Eric Crampton talks with University of Waikato economics professor John Gibson about a worrying draft report from the Productivity Commission and NZIER which suggests seasonal workers in the Recognised Seasonal Employer scheme should be scaled back. 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
Decades ago, sociologist Joel Best wrote about how to lie with statistics. The best tricks are those where a statement is word-for-word true but has nothing to do with reality. Read more
The sounds of cricket on the radio are already wafting over campgrounds around the country. Who would wish to spend the holidays anywhere else in the world? Read more
In this Quick Take episode, David Law responds to a joint paper released by Helen Clark Foundation and the New Zealand Institute of Economic Research about the minimum wage. David reveals why raising the rate makes little economic sense at the best of times, and terrible sense during a recession. Read more
As Mark Twain once quipped: “Lack of money is the root of all evil.” And so entered the governor of the Reserve Bank of Transformable. “Suffer all those short of cash to come unto me,” quoth he. Read more
Last week, the Helen Clark Foundation and the New Zealand Institute of Economic Research released a joint report (the HCF&NZIER report) calling for a higher minimum wage to reduce inequality and lift productivity. The minimum wage increased from $17.70 to $18.90 in April of this year. Read more
On 24 November, the Helen Clark Foundation and the New Zealand Institute of Economic Research released a joint report (the HCF&NZIER report) outlining an inclusive growth agenda for New Zealand. Its recommendation on the minimum wage is concerning and risks hurting the most vulnerable. Read more
Wellington, 3 December 2020 - Calls to lift the minimum wage will not fix inequality and could end up hurting the most vulnerable – particularly during a recession, according to a new report by the New Zealand Initiative. The report is a response to a joint paper released last week by the Helen Clark Foundation and the New Zealand Institute of Economic Research which suggested lifting the minimum wage (presently set at $18.90) to a “living wage” of $22.10, among other proposals. Read more