Written By: - Date published: 9:17 am, December 4th, 2016 - 36 comments
Bernard Hickey: “It is extraordinary for the Prime Minister to call the Treasury’s short and long term forecasts a “load of nonsense” and yet rely on the medium term ones to promise all manner of riches to voters on the eve of an election.”
Written By: - Date published: 10:07 am, November 23rd, 2016 - 17 comments
This is just something that gets my goat, and there was a particularly egregious example on the RNZ Business News this morning. Apparently Wall St was going ‘gangbusters’, and the reason they came up with for that was ‘Wall St’ liking Donald Trump’s policies (lowering tax and building infrastructure apparently). Not long ago Wall St […]
Written By: - Date published: 12:54 pm, November 14th, 2016 - 234 comments
Take a deep breath and transcend your fear.
Written By: - Date published: 8:59 am, November 6th, 2016 - 17 comments
The Future of Work Commission report has now been released. It contains 63 recommendations including the tentative implementation of a universal basic income and a that voluntary work for approved organisations allow beneficiaries to continue to receive a benefit.
Written By: - Date published: 8:26 am, October 30th, 2016 - 34 comments
Recent decision in the UK is a victory for workers and their rights.
Written By: - Date published: 8:16 am, October 18th, 2016 - 133 comments
Health – particularly mental health – is underfunded, resulting in strikes over patient safety and units shutdown due to staff shortages. And unnecessary deaths. So why is the government even thinking about tax-cuts when our services need investment?
Written By: - Date published: 12:25 pm, September 20th, 2016 - 54 comments
Paul Romer is an economist highly respected by his peers, and about to become the Chief Economist at the World Bank. He’s also just published a paper rubbishing the last 3 decades of macroeconomics.
Martin Wolf, chief economics commentator at the Financial Times is challenging fractional reserve banking. It’s certainly time for some new ideas.
Written By: - Date published: 1:22 pm, August 26th, 2016 - 10 comments
Robertson: “What is the economic paradigm that will meet the challenge of world of less secure work, more automation?”
Written By: - Date published: 8:00 am, August 19th, 2016 - 122 comments
New Zealand is slowly losing faith with this Government and this is why.
Written By: - Date published: 7:01 am, August 14th, 2016 - 55 comments
An elegant graph explains why free trade is a good thing, but why it is causing a backlash in rich “Western” countries.
Written By: - Date published: 7:02 am, August 12th, 2016 - 91 comments
Reprinted with permission, by Deborah Russell from Left Side Story: What do New Zealanders actually earn? And why we need to understand these figures.
Written By: - Date published: 12:46 pm, August 11th, 2016 - 88 comments
Until we sort out our housing and unemployment problems it is surely time to reign in NZ’s currently record levels of immigration.
Written By: - Date published: 7:54 am, August 8th, 2016 - 69 comments
Globalisation is facing a popular revolt. Economist Joseph Stiglitz explains why.
Written By: - Date published: 7:12 am, August 1st, 2016 - 189 comments
When the Auckland housing bubble bursts a lot of people are going to lose a lot of money. They won’t be able to say they weren’t warned.
Written By: - Date published: 10:07 am, July 24th, 2016 - 23 comments
Rod Oram’s Sunday Star-Times, reprinted on Facebook here, adds yet another voice to the chorous of economic warnings: “Our Road Runner economy is zooming towards the cliff-edge”…
Written By: - Date published: 12:21 pm, July 15th, 2016 - 23 comments
The fiction that National is doing a competent job of managing the economy is entirely due, now that the boom from Dairy and Christchurch rebuilding is ending, to immigration and rising house prices.
They are now riding a bolting horse that they cannot dismount, caused by their own inaction.
Written By: - Date published: 7:04 am, June 22nd, 2016 - 149 comments
It’s basically flat-lining – only partially animated by immigration and a housing bubble.
Written By: - Date published: 10:26 am, June 12th, 2016 - 133 comments
Hickey: “Helping employers to bring in low-skilled migrants instead of investing in new technology and becoming more productive so they can pay local workers more is essentially stunting our productivity and real GDP per capita.”