An emissions plan that does not cut emissions
Only one thing contributes to our emissions targets: lower emissions. On that standard, this week’s report from the Climate Change Commission fails. Read more
11 June, 2021
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The government should reject the Climate Commission’s plan
The first rule of any emissions reduction plan is that it reduces emissions. Yesterday’s plan from the Climate Change Commission does not pass this test. Read more
11 June, 2021
Podcast: Matt Burgess on the Climate Commission's final recommendations
Matt Burgess dissects the Climate Change Commission’s final recommendations. 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
Dr Oliver Hartwich
10 June, 2021
The problem with Climate Commission chair Rod Carr's economic argument
The problem with economics is that it often uses a language that non-economists do not speak. Take "externalities", for example. Read more
Dr Oliver Hartwich
8 June, 2021
News from the Unreserved Bank
In mid-2019, the Reserve Bank signalled it was considering unconventional monetary policy such as quantitative easing (QE), vulgo: money printing. Back then, Eric Crampton, Robert MacCulloch and I wrote a short paper called The Unreserved Bank of New Zealand: Why unorthodox monetary policy needs boundaries. Read more
Dr Oliver Hartwich
4 June, 2021
Why new Fair Pay Agreements claims don't compute
Persistence looks set to pay off with one of Labour’s 2017 election manifesto promises: to reintroduce compulsory sector-wide collective bargaining across the country. Dubbed “Fair Pay Agreements,” the Government’s plan is to take New Zealand back to the system of awards that dominated industrial relations for most of the 20th century. Read more
Roger Partridge
1 June, 2021
The case for a congestion charge
Emissions pricing and congestion pricing have a lot in common. The economics of both are straightforward. Read more
Dr Eric Crampton
31 May, 2021
Podcast: Eric Crampton and Prof Josh Gans on the Covid-19 response
Dr Eric Crampton chatted to Professor Josh Gans from the University of Toronto on the global Covid-19 pandemic response. They discuss the importance of coming up with effective strategies to get the covid-19 vaccinations rolled out as quickly as possible and move onto the next conversation of how to reopen borders. Read more
Dr Eric Crampton
28 May, 2021
Is social insurance really a good idea?
When presenting Budget 2021 last week, Finance Minister Grant Robertson announced that work is underway to develop an unemployment insurance scheme. Details are limited. Read more
28 May, 2021
Reserve Bank is coming full circle
As American historian and philosopher Will Durant observed, "Civilisation is not inherited; it has to be learned and earned by each generation anew." That is a more polite way of saying that humans make mistakes, cause damage, then repair the mess. . Read more
Dr Oliver Hartwich
28 May, 2021