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Imagine you wanted to establish a bar. Before you could worry about vintage, décor or music, local activists might scare you away. Read more
What are budget advisers to make of the Reserve Bank governor’s call for increased public and private spending? Adrian Orr has reportedly even floated, as a future contingency option, taxing cash holdings to encourage savers to either spend or invest to stimulate the economy. Read more
Have you ever driven past one of those stores that mostly sells blinds but calls itself ‘Not Just Blinds’ and wondered whether they should have thought a bit bigger in their marketing? This week, the coalition government announced plans for a parliamentary budget office charged with providing independent costings of election policy promises, and with keeping an eye on the government’s compliance with fiscal rules. Read more
When Germany’s statistics office released the economic growth rate for the second quarter, the disappointing 0.1 percent decline added to the troubles on Wall St. Little wonder stock markets are looking anxiously at Germany: the German economy remains the largest in Europe and the fourth largest in the world (behind only the United States, China and Japan). Read more
It would be insane to do the same thing over and over again and still expect different results. It’s a lesson those embroiled in the politics of the night have yet to learn. Read more
The New Zealand Initiative enthusiastically welcomes the Coalition Government’s announcement of an Independent Parliamentary Budget Office. Finance Minister Grant Robertson and Associate Finance Minister James Shaw jointly announced the Office today, to be operational from mid-2021. Read more
New Zealand's way of regulating nightlife often restricts the opportunities for night owls without improving issues of public health and security. Natanael Rother talks to Bryan Crump on Radio NZ about possible solutions. Read more
On Monday, Adrian Orr was interviewed on TV One’s Q+A programme. If you had not known that Orr is the Governor of the Reserve Bank of New Zealand, you could have mistaken him for a politician. Read more
It is the hope that this time it will be different that really kills you. Sisyphus at least knew his labours were futile and could resign himself to the task of forever pushing the boulder uphill. Read more
As Doctor Frankenfurter prepared to step up the reactor power input three more points and bring life to the Rocky Horror in the classic Rocky Horror Picture Show, he welcomed the assembled “unconventional conventionists” who would witness his triumph. Unconventional monetary policy is a bit like Doctor Frankenfurter’s giant defibrillator experiment with the Rocky Horror. Read more