Written By: - Date published: 10:49 am, June 16th, 2017 - 51 comments
We need new thinking on the economy – zero emissions, sustainable, a big redistribution from rich to poor. But the list of current economic woe shows that even on their own old conventional terms the Nats are useless economic managers.
Written By: - Date published: 12:23 pm, June 14th, 2017 - 5 comments
Something to check out if you are in Auckland tonight, the CTU’s Bill Rosenberg discusses the budget. He will “examine the Government’s priorities and look at what needs to be done”.
Written By: - Date published: 8:16 am, June 14th, 2017 - 54 comments
English’s scaremongering about Labour’s immigration policy does nothing but highlight the fundamental weakness of our economy. Just how anemic are we after 9 long years?
Written By: - Date published: 4:13 pm, May 4th, 2017 - 8 comments
I/S at No Right Turn writes: “The CPI is out today, and it shows that the poor are getting poorer … This is a long-term trend. Since National took office, inflation for poor households has been nearly twice that of rich households.”
Written By: - Date published: 7:49 am, April 29th, 2017 - 41 comments
The Nats are settling in to election mode – smoke and mirrors. Steven Joyce feeds us billions of dollars worth of lies.
Written By: - Date published: 2:52 pm, April 18th, 2017 - 18 comments
Though artificially boosted by high immigration and disaster rebuilds, the NZ economy is in the doldrums, and National are a failure even by their own goals and targets. I predict that National will soon abolish all targets, and that this will be “a sign of our success”.
Written By: - Date published: 8:46 am, April 10th, 2017 - 92 comments
Sick of the property porn on the Stuff and Herald websites? It was refreshing to read the truth for a change.
Written By: - Date published: 4:59 pm, March 29th, 2017 - 28 comments
If you are absolutely determined to be one of the idiot legion who’re forever squirreling their heads deeper into sand, then don’t read this post.
Written By: - Date published: 9:48 am, March 14th, 2017 - 38 comments
There are no surpluses in NZ right now, not in any real sense. There is only debt, negative externalities and deferred costs.
Written By: - Date published: 8:15 am, February 2nd, 2017 - 12 comments
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.