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Research-based opinions

Written By: - Date published: 11:12 am, October 11th, 2012 - 62 comments
Categories: Economy, monetary policy - Tags:

Bill English on quantitative easing: “There are big risks with it and it is just barmy to suggest that in an economy growing at all that you would do it”. So, are the countries that are using QE to push up our currency growing? EU: -0.3% (14 of the 27 member states are growing), US: 2.1%, Switzerland: 0.6%, Japan: 3.3%. So, yes, countries use QE while growing – and it lets their businesses undercut ours.

62 comments on “Research-based opinions”

  1. Un. fucking. believable.

    The only reason these countries have an expending money supply is because of QE and the financial speculation the bankers still foist upon the European populations. There is rampant unemployment in Ireland, England, France, Spain, Italy, Portugal, Greece to name a few. Please, please, please stop spouting this crap.

    The worlds biggest economy is imploding right in front of our eyes!

  2. Pete 2

    The Economist explains quantative easing (2 minute video)

    With an RBNZ OCR of 2.5% I think there is still some juice in the tank before Q.E. would need to go ahead. It may be enough to direct the Governor of the Reserve Bank to take a desirable exchange rate level into acoount in a new policy target agreement.

    • Bill 2.1

      Thanks for that Pete. Seems the answer to my question (Comment 3) is that nobody anywhere has a fucking clue when it comes to the efficacy or effect of quantitative easing – it’s a ‘shot in the dark’ that economists reckon should be tried because they are flush out of ideas. Great.

      • Draco T Bastard 2.1.1

        Most economics is a shot in the dark – that’s because most economics isn’t based upon reality.

  3. Bill 3

    I don’t pretend to understand mystifying jargon such as ‘quantitative easing’. But I came across this and was wondering if somebody more ‘in the know’ would care to comment, clarify or otherwise explain.

    In the U.S., a third round of excess money printing — called Quantitative Easing — began recently in which banks are directly profiting by unloading their toxic mortgages on the Federal Reserve’s balance sheet (another backdoor bailout paid by taxpayers).

    http://www.zcommunications.org/capitalisms-two-step-survival-plan-austerity-and-structural-reform-by-shamus-cooke

    • I rely on Investopedia a lot for the first simple definition of a term I don’t understand.
      In the paragraph you quoted they discuss a money printing round (that is essentially what QE is) in order to by dollar for dollar all the fraudulent mortgage and other asset backed derivatives from banks. That means that all these banks are going to have billions of dollars available which were not in existence before.

      The problem is that those derivatives are essentially worthless and will never be traded again and the money brought into existence to cover the fraud is going to dilute the money supply just like counterfeit money would.
      It means that as people catch on they will loose trust in the system and where that leads is anyone’s guess.

    • Bunji 3.2

      Actually what the Greens are sensibly suggesting wouldn’t in fact be quantitative easing (see comments in James’ article). But that’s by-the-by…

      There are very different things you can do with that money you (virtually) print (it’s not like you’d actually waste the paper making bills…). It seems to be the current trend to use it to bail out the banks, thus protecting the 1%’s money, and keeping fluidity in our broken banking system. It could also be shared out equally among the population (inflationary, but net good for the masses, bad for the asset rich); or just used for the government’s expenses (saves taxing or borrowing); or the Green’s suggestion: rebuilding the Government’s savings, which wouldn’t be inflationary at all, as the money wouldn’t be spent – not unless there was another natural disaster, in which case we might be quite keen on the idea…

    • Lightly 3.3

      the Fed is buying mortgage-backed securities to push down the interest rates on those securities, which, in turn, means more available and affordable mortgages. In the US, as opposed to here, the housing bubble did burst and now it’s nearly impossible for young families to get into home ownership because no-one will lend. The bad results are multi-faceted – less social stability, less work in construction, lower quality housing stock…. – the Fed is trying to get the mortgage market functioning at reasonable levels again.

  4. Can I recommend a long soujourn in Greece, Spain, Italy, Portugal, Ireland – even the UK?

    These countries’ economies are in a process of COLLAPSE.

    Growth is dead.

    http://www.3news.co.nz/Oil-supply-could-end-economic-growth—expert/tabid/1160/articleID/271417/Default.aspx

    • Add to that list Hungary, Roumania, Latvia and any number of other European countries…. and did I forget France?!

      • travellerev 4.1.1

        And dare I say it, Germany is on the way out too!

        [lprent: Use double quotes on hrefs. ]

        • Jackal 4.1.1.1

          What a bullshit link travellerev… Germany doesn’t have debt to GDP of 300%. Stop all the baseless scare mongering eh!

          • travellerev 4.1.1.1.1

            Folks, this is the original page the link I gave here is linked too. These guys are well respected investment advisers and know what the fuck they are talking about. The Euro is collapsing and Every European Country is holding on to every other European country while they are drowning in a sea of red ink, the Fiat system is crumbling under $1.5 quadrillion in toxic derivatives. That is 20x global GDP!

            [lprent: That doesn't look like a link on anything like the subject. It looks like some speculation on a attack on Iran? WTF? I crossed it out. ]

            • travellerev 4.1.1.1.1.1

              People make mistakes Iprent. I have  about a 130 tabs open on average most days when I do my reading. Why the aggression? Here is the site I wanted to link too. You could have just pointed it out without the WTF. I’m sorry the financial info I bring gets up your nerves but the reality is what it is.

              Here is another link people might be interested in:

              The 25 most dangerous reporting units in the Financial world from the Huffington post.

              The best financial reporters are : No 1 Max Keiser with Stacey Herbert and second Zero Hedge which is a group of traders publishing under the guise of Tyler Durden. They make their money in the current market and I put it to you that in order to do so you have to know bloody well what your doing and what the hell is going on in the financial world!

              [lprent: I look at links because others look at links and some of the daftest debates happen around daft links. That is why the comment back end shows the link right next to the link text so I can check them out, or fix them like the missing link in the other comment. ]

              • Zorr

                130 tabs open, huh?

                That doesn’t actually lend any strength to your argument as it actually suggests that you, at best, are skim reading and, at worst, skim “skim reading”…

                I would much rather just get on with living and surviving in whatever world I find myself in than attempting to stay up to date with all the crookedness and crony capitalism in the world. I can affect my local community and attempt to influence beyond that – but everything starts at home.

                You don’t fix your town in NZ by focusing on Wall St. It is enough to know that there are sharks in the water that have smelt blood.

                • Kotahi Tāne Huna

                  130 tabs, and all saying the same thing: what Ev wants to hear.

                  • Murray Olsen

                    What they actually say isn’t that important. Ev hears what Ev wants to hear.

                    • Says the guy who bans anyone with a different opinion from a communal facebook page. How many is it these day Murray? 50- 100.

                    • Colonial Viper

                      I have only one thing to say: a kerosene fire cannot appreciably weaken structural steel at any real distance from the base of the fire.

                      And even at its hottest, an open air kerosene fire can only cause relatively slight weakening of structural steel.

                    • McFlock

                      That’s two things.
                             
                      And both are irrelevant to the point of surrealism. 

                    • Colonial Viper

                      Ah sorry counting power was down.

          • Robin Westenra 4.1.1.1.2

            I think Travellerev is probably right.

            You need to take into account TOTAL debt. It is private and corporate debt that is going to be the killer.

            • Colonial Viper 4.1.1.1.2.1

              corporate debt is private debt.

              What you want is private debt + public debt + SHADOW BANKING DEBT

          • Robin Westenra 4.1.1.1.3

            Scare-mongering?!

            Would you rather tell lies than let the truth be known?!

            • Jackal 4.1.1.1.3.1

              There’s a pretty big PROBABLY there Robin Westenra. Personally I don’t like lies and I don’t like scaremongering. Just to let you know why travellerev’s link is entirely wrong, you don’t get to count TOTAL debt in a percentage of GDP because there are lots of different types of debt. Some debts have no bearing on a countries GDP.

              There’s also a rather large European Stability Mechanism that is about to fully kick in to help them through their debt crisis. This is funded by European countries. They have only pledged and used around 40% so far. This is money the Europeans are using to help Europe through the debt crisis, meaning interest will be paid back to European countries to ensure further stability in the future.

              travellerev your link proves nothing… It’s simply more baseless bullshit!

              • Yeah about that European Stabilisation Mechanism. It got down graded the day it got established and here are some of the rules it operates under:

                http://www.youtube.com/watch?v=gls3pO-94b4

                • Colonial Viper

                  Bejeeezus dudes. The ESM had fuck all actual money in it. Just member country commitments (i.e. IOUs) for money which was never, ever going to eventuate in reality.

                  Wake up you’ve all been had.

                  Why do you think every time they launch one of these stability funds, the debt markets stabilise happy for all of 72 hours? Before it all tanks once more. That’s how long it takes for people to figure out that once again, the Emperor has no clothes.

          • Colonial Viper 4.1.1.1.4

            Jackal said:

            What a bullshit link travellerev… Germany doesn’t have debt to GDP of 300%. Stop all the baseless scare mongering eh!

            You so missed the point. Which is:

            Who has Germany made bad loans to. Using the money of their nation, the profits of their companies, and the savings of their citizens. And how much do they add up to.

        • travellerev 4.1.1.2

          I always did and then for some reason it didn’t work any more and I started using single quotes and that seemed to work for awhile but yeah sweet as I’ll use double quotes again.

    • Wheezing&Easing 4.2

      Nonsense. I was biking around there 2007-08 looking at budget tourism, economic status etc and they were not in a state of collapse. Mostly looking poorer than NZ and certainly the bumptious Oz tourists but not collapse. Hysteria hits NZ.

  5. Bill 5

    Okay. So thanks for the comments above. The choice then, is – a) to channel money to speculaters who lost a lot of money in order that they can continue to spectulate and in the vain hope they lend money to productive sector businesses. Or b) to channel money directly into the ‘really existing’ productive sector via either business activity/loans (or government spending programmes) or to the money spending public via debt forgiveness or whatever other mechanism.

    But then I guess if some form of option b) was pursued the argument might run that with banks being hung out to dry, option b) would collapse in on itself….which is why option a) is always pursued.

    So why not simply nationalise the banking and financial sectors and kill several birds with one stone?

    • Murray Olsen 5.1

      Good question, Bill. I don’t know of any good answers to it.

    • Draco T Bastard 5.2

      Because then the banksters will lose power and wealth while the population becomes better off proving that capitalism is bad for society once and for all.

  6. alwyn 6

    I haven’t bothered to check all the countries you list but I did look at Japan on the OECD link you provided. The claim that Japan had GROWN by 3.3% seemed totally fanciful.
    The figures on our so-helpful link are, from the expenditure approach and in trillions of yen.
    2006 506.687
    2007 512.975
    2008 501.209
    2009 471.139
    2010 481.773
    2011 468.496 (est)
    I would love to see how you turned this series into 3.3% growth. It looks to be a pretty steady decline to me.

    • Jackal 7.1

      You say in your post that the Greens have put global warming, globalisation and Peak Oil on the back burner… What do you base this accusation on Robin Westenra, your own ignorance perhaps?

      You also say that the US, Switzerland and Japan are on the verge of financial collapse. What are you basing this statement on, because if you’re going to claim the end is nigh, you had better have something better than assumptions.

  7. Wheezing&Easing 8

    Look at The Economist p27 Oct 6th 2012 and educate yourselves …. and there is a useful though sometimes bizarre article by Andrew Geddis in The Pundit. Debunking Economics by Oz economist Steve Keen is a handy resource too for these times. And one can always return to the wise words of that clever mathematician and speculator Maynard Keynes who knew a thing or two about public finance and international currency movements.

  8. Murray Olsen 9

    What Russel Norman is proposing does not fit the model used by Obama in the US and A to keep the banks viable, but don’t let the facts get in the way of a good rave, especially when you can find links to Randian worship sites. That’s the main problem with thinking you can research this stuff off the internet without having any background with which to analyse it. It’s the same attitude that leads to cult-like belief in chemtrails and HAARP for control of the weather, while denying at the same time that AGW is possible. In the end, it has far more to do with religion than politics, economics, or science.

    • Says the guy who never ever has to prove his point of view with a single link. How is it in good old Oz M university treating you well? Seems you have plenty of time online to troll.
       

      • Murray Olsen 9.1.1

        Points of view are just that – points of view. They can neither be proven or disproven. In that sense they are just like accusations of trolling, or believing that Russel Norman is the equal of Mugabe.
        And the university treats me very well, thankyou. They still have good policies in Australia for people with terminal diseases. Would you like a link about that to guide your personal attacks more accurately?

        • Murray Olsen 9.1.1.1

          Seeing as Ev brought up the topic of banning people from a communal facebook page, I’d like to state that a moderator banned her for abusive behaviour. Several other people have been banned for similar things, and the moderators ban people who insist on publishing stuff to do with conspiracy theories, a large number of which seem to be antisemitic. I am no longer even a member of that page and did not ban Ev, although I fully supported the action.

        • Draco T Bastard 9.1.1.2

          Points of view are just that – points of view. They can neither be proven or disproven.

          That’s a load bollocks. Anything that is contravened by reality is inherently dis-proven.

          https://theconversation.edu.au/no-youre-not-entitled-to-your-opinion-9978

          • Murray Olsen 9.1.1.2.1

            I disagree. The knowledge that a person may rely on to develop a particular point of view, or the way they manipulate that knowledge, may be wrong, but a point of view such as, e.g. “I do not believe everything I see on conspiracy sites is correct” is neither provable nor disprovable. If I claim that the WTC broke all the laws of physics, that is put forward as a statement of fact, and can be put to a truth test. If I ask a question as to how the Biot-Savart Law was broken, for example, that is a question and has no truth value. An answer to it would have. Apart from one quick calculation which I did which showed that the rate of progress of the collapse of the two main towers could only be considered freefall if gravity had 1/3 of its actual strength, I have made no statements about any of the stuff Ev posted in many, many places. However, daring to ask any question of any conspiracy theorist is usually replied to with some statement such as “Feel free to remain asleep and believe everything your government tells you”, and then goes downhill from there.
            I hope this sheds some light on the matter and is not a further load (of) bollocks.

            • Draco T Bastard 9.1.1.2.1.1

              The knowledge that a person may rely on to develop a particular point of view, or the way they manipulate that knowledge, may be wrong, but a point of view such as, e.g. “I do not believe everything I see on conspiracy sites is correct” is neither provable nor disprovable.

              Actually, that statement could be dis-proven. Difficult, yes, but not impossible. There’s two possibilities about it:

              1.) The person is outright lying or
              2.) The person actually believes that they don’t when they actually do

              Both conditions could be tested with some accuracy.

          • travellerev 9.1.1.2.2

            It was you Murray and I was not abusive you where just like you are here. A troll with little more than abusive one liners with little or no substance other than accusational suggestions not supported by anything other than your vitriol and you didn’t like it when I called your bluff.
            The others were not banned for their rudeness either. They were banned because they had the audacity to confront you and to put links to the events to 9/11 on the page.

            Time will show you up for the nasty little troll you are here too.

            • Murray Olsen 9.1.1.2.2.1

              Telling me that you eat little boys like me for breakfast is hardly calling a non-existent bluff. Neither is chanting that I know nothing about the scientific method when I refuse to accept youtube as a reputable source.
              Moreover, a question about which of the laws of physics was actually broken (all of them leaves plenty of opportunity to give a specific example) at the WTC is hardly an accusational suggestion. 
              I’m here because I’m a socialist and think socialism offers a worthwhile future for our country. I make comments now and then. Mostly I read and learn. I haven’t been able to work out why you’re here when you think the Greens are channeling Mugabe and seem to mostly cut and paste stuff from US libertarian/Randian websites. But I suppose time will tell, as you say.

              • ROFL. That tells me all I need to know about how you feel about yourself.

                This is the conversation as it really was:

                You said: Has anybody told you what a lovely lady you are (or words to that extend)? (Sarcasm dripping here)

                And I said: I’m not here to be a lovely lady and while that might have worked when I was an itty bitty girl it doesn’t now. Now I eat guys like you for breakfast.

                That was it. No warning nothing. Banned, and not just banned, blocked and all my comments deleted. 

                That’s how scared you where of having someone call your bluff. You’re a narrow minded vitriolic troll, little boy. ROFL!!!

                And while you’re at it you might take a lesson from Iprent and his team as moderators. I think in the 6 years I’ve been commenting here only once has someone let his personal feelings get in the way of their job: Moderating!

                And rest assured I have gotten up their noses often.

                You on the other hand challenge people constantly and when they don’t surrender to your venality you ban them. That is not what a Moderators job is that is what an immature asshole like you pretending to be one does.

                • Murray Olsen

                  Given that I didn’t ban you, did you stop to think you get up other people’s noses as well? As for the rest of your post, there’s about as much fact in it as in your blog. Have a nice day.

  9. higherstandard 10

    QE explained superbly by Clark and Dawes.

    http://www.youtube.com/watch?v=j2AvU2cfXRk

  10. lefty 11

    Improving the economic well being for the majority of New Zealanders comes down to needing to change power relationships before anything worthwhile can be achieved.

    As things stand, any advantages from deploying QE, or any other economic mechanism, would quickly be harvested for the benefit of the already overpriviliged and to the detriment of the rest of us.

    • Draco T Bastard 11.1

      It definitely has to be done correctly but I think it can be done in such a way so as to correct for those power imbalances that you mentioned.

  11. Poission 12

    leaving aside QE ,the trading nations,Brazil,and Korea both cut interest rates today,Singapore yesterday (where they use a weighted currency similar to the TWI and change bands accordingly) in addition they capped property loans to stop the housing bubble.

  12. xtasy 13

    Rate of GDP based debt is all relative to national wealth and assets, so Japan manages. Germany has some fair debt too, but they manage. Other countries have high debt, and they managed for decades. This is an ideology driven agenda to suck the blood out of the poorest countries and people to the last drop, nothing else. Greece is dying due to bloody AUSTERITY. Spain is heading the same way, next will be Italy. NZ is a fake economy of small scaly wannabe activity. It is a game for currency gamblers. OK there is real exports and so, but little economic activity inside, except real estate bubble. The migrants love it. Wonder why tens of thousands of poms and Asians move here? Nothing else, not for economic contribution, for REFUGE! Fuck that, put a high tax on migrant investment for a start, NZ is top destination, no matter what. Bring in capital gains tax. But lower company tax and give tax holidays to investors to bring REAL investments here. More can be done, but Kiwis are too DUMB to ever get it right. Some dream of one extreme, the others of the other, so it is a never ending rat race to nowhere. I look forward to my one way ticket out of this DUMP!

  13. xtasy 14

    You do not need “excessive” nor “obsessive” growth either, as some leading economies have managed for years with low growth, but given the wealth basis they have, a single per centage of growth is more than many countries would even achieve in a few years.

    It is a relativity game, pollies love it. I went back to Europe the first time after 10 years in 1992, and I was SHOCKED about how BACKWARD NZ was. I missed 10 years, losing out on low pay, while others in my family did ok and built their own homes, supported by cheap loans and advantageous tax rules by the government there.

    I went back there for a few years and was a total idiot to come back here 7 years ago. I heard this BS about high growth and full employment, thinking that is the way to go and get my own home here. What a fucking dumb mistake, the biggest mistake I made in my whole life. Fucked up now, no hope of anything but a low wage shit society, full of hatred, envy, bene bashing (even if you are sick) and worse.

    I could live more comfy on a benefit in most of Europe, despite of the cuts there, but the idiots here think things are so bad, that people there starve. It is the injustice and radical change that drives people on the streets there. Wait another year or two here, it will be much worse here. I get this all the time from Kiwis, oooh, it is worse there, but it is BULLSHIT. NZ is behind, will always be, never will change, as the elite here run things, and all you get is a choice between bigger and lesser evil, Nats or Labour, both known liars and manipulators.

    You are truly screwed, you could do better as a people, but most have NO guts, NO interest, ONLY think of NUMBER ONE, are words and empty spaces re protests, are cowards, useless, ignorant and have no right to live in such a rich country as this. That is why I would welcome another people and nation to take this land to make more use of it than this hopeless, corrupt government and elite of rotten anglo saxon extraction, that only use it for their own purpose and benefit, but really RUIN it!

    Sorry, I had enough of all this SHITE!

    • Draco T Bastard 14.1

      NZ is behind, will always be, never will change, as the elite here run things, and all you get is a choice between bigger and lesser evil, Nats or Labour, both known liars and manipulators.

      No, NZ won’t always be behind as the Nats and Labour won’t always be the controlling party in government. I’m hoping that, over time, the government won’t be the controlling influence at all.

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    As the new electric trains roll out over the coming year or so, a question we don’t know the answer to is what will happen to the old diesel trains Auckland no longer needs. Of course we will need to...
    Transport Blog | 24-04
  • Access: Defective, deficient, deviant and delinquent
    As many NZ babies do, I developed eczema and asthma. My mother took me to various clinicians. I have vague impressions of kindly doctors with strange accents. In retrospect they were probably part of the Jewish diaspora - educated at...
    Public Address | 23-04
  • An FPP politician in an MMP world
    So, now that Shane Jones has gone, he's come clean about the reason: he didn't want to work alongside Russel Norman and the Greens. Which I think emphasises just how much of a throwback Jones was, and how unsuited he...
    No Right Turn | 23-04
  • Hard News: Friday Music: News from talented women
    As I may have noted once or twice, Janine and the Mixtape's Dark Mind EP is one of last year's overlooked local gems. Or perhaps not-so-overlooked now, given that her new video for 'Hold Me' was premiered this week on...
    Public Address | 23-04
  • Focus on housing costs, raise wages not interest rates
    "The increase in the Reserve Bank's interest rate, while expected, shows little imagination and will raise mortgage costs for home owners," says CTU economist Bill Rosenberg. “The focus should be on getting housing costs down, and raising wages to make...
    CTU | 23-04
  • One year on: progress made to prevent another Rana Plaza tragedy
    Date of Release: Thursday, April 24, 2014Body:  An official from one of the two global union bodies that negotiated the Bangladesh Accord on Fire and Building Safety, currently visiting New Zealand, says that the Accord continues to make big steps forward to ensure...
    First Union Media | 23-04
  • Update from Dr.Gevil
    We wanted to share with you a little fun....
    Gareth’s World | 23-04
  • Matauri Bay: There are certain stories that get under your skin
    There are certain stories that get under your skin, stories that no matter how many times you hear them somehow strike you in a way that you never forget, stories that become a very part of you. The story of...
    Greenpeace NZ blog | 23-04
  • Anit-fluoridation advertising deceptive
     Looks like the scientific fight-back against the misinformation coming from anti-fluoridation groups is having some success. This press release from the on-line Making Sense of Fluoride group. Anti Fluoridation Advertisements Rejected by The Advertising Complaints Authority Over the past week,...
    Open Parachute | 23-04
  • The Art of Letting Go
    via Porcupine Farm   While the big news with regard to the rebuild has been the scaling back of the Arts Precinct, this is just one part of a wider narrative that sees the grand plan unravelling. Since I wrote...
    Rebuilding Christchurch | 23-04
  • Joyce tells Otago to ship in more students
    Tertiary Update Vol 17 No 11 Tertiary education minister Steven Joyce is using threatened changes to university councils to bully the University of Otago to take more international students, says TEU national secretary Sharn...
    TEU | 23-04
  • New money for Māori innovation won’t cover cuts to Māori research
    Ngā Pae o te Māramatanga, New Zealand’s Māori centre of research excellence is welcoming the  government’s decision to invest up to $2.5 million a year over the next two years in Māori-led science and...
    TEU | 23-04
  • UCOL staff given holiday but not pay rise
    UCOL staff got two extra days’ holiday they did not bargain for this week between Easter and Anzac Day, but what they really want is a pay rise. The polytechnic’s chief executive Paul McIlroy said...
    TEU | 23-04
  • Workers Memorial Day 2014
    Please be advised that there are three events planned to commemorate Workers Memorial Day (28 April) in Wellington. The media are invited to attend all three events.What When Photo:  ...
    CTU | 23-04
  • Shane Jones speaks out
    On 3news last night, Shane Jones gave a staged interview where he got some things off his chest. Not exactly a graceful exit, but there you go. Two of the things he said were especially interesting to me. Shane said:...
    Polity | 23-04
  • No Economic Rationale for $760m Warkworth Toll Road
    This is the fifth in a series of posts based on the Campaign for Better Transport’s submission to the Puhoi to Warkworth Board of Inquiry. The full presentation is over at bettertransport.org.nz In this post we look at the economic...
    Transport Blog | 23-04
  • iPredict Ltd 2014 Election Update #15
    Column – iPredict iPredicts 7000 registered traders continue to believe Winston Peters NZ First party will hold the balance of power after the election and allow National to govern. There has been a small gain to Act and the Conservatives...
    Its our future | 23-04
  • Photo of the day – Vulcan Lane
    Vulcan Lane alive with people Photo is credited to oh.yes.melbourne...
    Transport Blog | 23-04
  • Have your say on what Internet rights should look like
    Today I launched my Internet Rights and Freedoms Bill – NZ’s first ever bill crowdsourced by a political party. The launch happened live on Reddit, and I was joined in my office Joy Liddicoat (former Human Rights Commissioner and present...
    frogblog | 23-04
  • Michael Porter on Social Progress
    via CNN, Fareed Zakaria has a fascinating interview with Harvard's Michael Porter, architect of the Social Progress Index that was launched to great fanfare a little while back. New Zealand won the top rank in that index, and Porter's main...
    Polity | 23-04
  • Time running out to save uni councils
    There’s only a week left to have your say on the Government’s changes to university and wānanga councils. Tertiary Education Minister Steven Joyce has put forward dramatic changes to the way uni and wānanga councils are made up – removing...
    frogblog | 23-04
  • Another reason why we need an enforceable BORA
    Back in 2003, the then-Labour government, faced with the "threat" of an unpopular child-sex offen