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Wealth taxes are tricky things. Even leaving aside the complications in real-world applications that caused the OECD to recommend against them, wealth taxes have an additional pernicious effect. Read more
New Zealand faces its worst recession in nearly a century. Unfortunately, the economic response to the challenges of covid-19 leaves much to be desired. Read more
In this week’s New Zealand Initiative podcast, as the country prepares to weather what could be a particularly bad recession, it needs plenty of good ideas. Unfortunately, those good ideas are few and far between. Read more
New Zealand faces its worst recession in nearly a century. Unfortunately, the economic response to the challenges of Covid-19 leaves much to be desired. Read more
New Zealand faces its worst recession in nearly a century. Unfortunately, the economic response to the challenges of Covid-19 leaves much to be desired. Read more
Wellington, 7 October 2020 – Over the next few years, New Zealand will face an immense challenge to keep Kiwi’s employed, get the economy growing again and rein in debt. According to a report by The New Zealand Initiative, there is also an important opportunity to fix the worst social and economic ills that have plagued this country for decades. Read more
New Zealand looks to have won its second battle against Covid-19. The country should brace itself for another round of self-congratulatory backslapping. Read more
I had the misfortune recently to lunch with an economist. Economists are generally despondent about government stupidity, ineptitude and profligacy. Read more
Judging by the length of Labour’s manifesto proposals for workplace relations reform, you might think New Zealand’s labour markets were not working well for workers. If re-elected, Labour will persist with plans of former Workplace Relations and Safety Minister Ian Lees-Galloway to introduce compulsory industry-wide collective bargaining (dubbed ‘Fair Pay Agreements’). Read more
Times are tough, I get it. All this talk of a “new normal” but only Coco’s Cantina in Auckland seems serious about getting us there. Read more