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Oliver epidemic response committee

Dr Oliver Hartwich's presentation to the Epidemic Response Committee

The New Zealand Initiative’s Executive Director Oliver Hartwich presented to the Epidemic Response Committee today, where he outlined his vision for New Zealand’s social, political and economic future. You can watch Oliver’s presentation here (time:1:52). Read more

Epidemic Response Committee, Parliament
23 April, 2020
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How much should it cost to contain a pandemic?

Over the past week, protesters across the US have held demonstrations to demand “liberation” from lockdown measures brought in by states to contain the spread of the Covid-19 virus. Fuelled by a belief that the economy must reopen to protect the health of people’s businesses, these public gatherings (often attended by anti-vaxxers and far-right activists) make for colourful television pictures — and divisive social media messages that President Donald Trump has been only too happy to promote. Read more

The Financial Times (US)
23 April, 2020
Research Note Deficit spending in a crisis why there is no such thing as a free lunch 1

Research Note: Deficit spending in a crisis: why there is no such thing as a free lunch

The New Zealand Initiative supports government deficit spending during the Covid-19 crisis on the basis that it is funded by conventional borrowing. This report explains why funding deficits by central bank credit creation with no credible timetable for reversing the situation is a route to financial disaster. Read more

Dr Bryce Wilkinson ONZM
Research Note
22 April, 2020

Media Release: Free money isn't free – new report says the Government must be fiscally cautious

Wellington, 22 April - No matter how seductive it sounds, central bank funding of the additional government spending on Covid-19 would set New Zealand on a dangerous path, according to a new report by the New Zealand Initiative. The report, Deficit spending in a crisis: why there is no such thing as a free lunch, highlights some concerning ideas from both the government and the Reserve Bank about expanding the money supply to help pull New Zealand out of the Covid-19 economic crisis. Read more

Media Release
22 April, 2020
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Coronavirus: New Zealand's response to pandemic far better than most countries

If the only economics you ever learned was from watching Ben Stein's lecture in the classic film Ferris Bueller's Day Off, you'll still have learned something awfully important for the economic recovery from the pandemic. And it's a lesson that New Zealand and Singapore have taken to heart - as evidenced by the trade agreement Trade Minister David Parker struck last week. Read more

Dr Eric Crampton
Stuff
20 April, 2020

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