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Thawing after the BRR

Written By: - Date published: 7:10 am, December 12th, 2019 - 27 comments

“The purpose of fiscal policy should be to ensure ongoing wellbeing for all and the health of our environment.”

Economists support Labour forming the next UK government

Written By: - Date published: 7:10 am, November 27th, 2019 - 24 comments

One hundred and sixty three British economists have signed a letter to the Financial Times to say they believe that Labour should form the next government. The UK economy needs reform. For too long it has prioritised consumption over investment, short-term financial returns over long-term innovation, rising asset values over rising wages, and deficit reduction […]

Common-wealth Government

Written By: - Date published: 8:14 am, November 18th, 2019 - 16 comments

Advantage is testing an idea out. What will a common accountability framework for the government look like?

Austerity – who should pay for the financial crisis?

Written By: - Date published: 10:57 am, November 17th, 2019 - 30 comments

Nick Kelly on UK austerity and who should have paid for the financial crisis. 

Green MP Gareth Hughes speaking bold truth ahead of his retirement at next election

Written By: - Date published: 9:54 am, November 17th, 2019 - 105 comments

“I’ve grown up knowing nothing but the revolution of the early 1980s. This is this operating system which was uploaded in New Zealand and people have tried to install better policies or better programs, but if they don’t work with the system, they are crashing”

The 2008 financial crisis casts a long shadow over UK politics

Written By: - Date published: 3:58 am, November 16th, 2019 - 2 comments

Nick Kelly on why the 2008 Global Financial Crisis is still having a dramatic effect on United Kingdom Politics.

Trickle down fails yet again

Written By: - Date published: 11:13 am, November 3rd, 2019 - 50 comments

Despite its continuous failure to work over the past 40 years trickle down remains a favourite justification by right wing administrations for allowing unfettered greed.

Why unions won’t give up on Fair Pay Agreements

Written By: - Date published: 7:11 am, October 18th, 2019 - 40 comments

The CTU has launched a campaign to raise awareness about a discussion paper released by the Government on fair pay agreements amongst media comment that government support may not be secure.

One News Colmar Brunton Poll Oct 2019

Written By: - Date published: 6:21 pm, October 14th, 2019 - 121 comments

The October TV One/Colmar Brunton poll is out. Like yesterday’s devastating TV3 poll result showing National not waving, but drowning, today’s poll confirms that NZ is still heading toward an historic Labour/Green Government, despite the Tories flirting with numbers in the high fifties.

UPDATE: Some weirdness with the numbers: they add up to 101% and 47% does not actually give National 60 seats, so the ‘Poll Says National Can Govern’ headlines are a wee bit optimistic.  TRP.

Fairy tales of eternal economic growth

Written By: - Date published: 8:13 am, September 24th, 2019 - 67 comments

Greta Thunberg has spoken at the UN Climate Change summit and has warned the world that it is stealing the dreams and hopes of young people through its failure to address climate change.

How This Government Can Still Win

Written By: - Date published: 8:13 am, September 16th, 2019 - 91 comments

Some suggestions on how Labour can retain power at the next election.

Slowing economy?

Written By: - Date published: 7:30 am, August 14th, 2019 - 39 comments

In May this year the New Zealand Treasury was projecting growth accelerating from 2.4% to 3% in 2019-20 while the Reserve Bank has pessimistically cut interest rates to 1%. Both can’t be right.

Do poor people and women exist in right wing economics land?

Written By: - Date published: 7:30 am, August 13th, 2019 - 125 comments

David Seymour has written a critique of Deborah Russel’s review of the hard right economic tome “Economics in one lesson”.  And totally missed the point of what she was saying.

ANZ worried that it may be required to hold sufficient reserves

Written By: - Date published: 7:05 am, July 3rd, 2019 - 105 comments

ANZ is complaining that the Reserve Bank wants it to hold additional capital in case of a run on the banks.

Labour to relax fiscal responsibility rules

Written By: - Date published: 9:00 am, May 24th, 2019 - 72 comments

Grant Robertson has announced there will be a relaxing of the fiscal responsibility rules, although not until after the next election.

Trump’s brilliant strategy to dismantle US dollar hegemony

Written By: - Date published: 5:05 pm, February 3rd, 2019 - 56 comments

Polymath economist Professor Michael Hudson’s latest article is a geopolitical panoramic masterpiece, sparked by outrage at a series of concurrent events on January 31 which he predicts means that 2019 will be the “year of global fracture.” Definitely worth a read.      

How To Get There 6/1/19

Written By: - Date published: 6:55 am, January 6th, 2019 - 146 comments

Welcome to TS’s Sunday think piece. It’s a blank sheet, a tabula rasa, waiting for your thoughts on the future and How To Get There.

China; Hack to the Future!

Written By: - Date published: 12:13 pm, December 21st, 2018 - 287 comments

China has apparently been sprung hacking hundreds of western businesses and Government agencies, including some here in NZ. Should we be worried?

Spooked!

Written By: - Date published: 2:52 pm, November 29th, 2018 - 29 comments

The GCSB ban on Spark’s use of Huawei technology means this government  has gone from “honest broker” to poodle in a very short time. Pressure has been applied by the US and others, apparently fearing we are the “soft underbelly” of the Five Eyes spy network. Maybe its time we got out of that too – it was designed for war.

Alaska or New Zealand?

Written By: - Date published: 1:17 pm, November 13th, 2018 - 71 comments

That’s the big question ‘big’ people are asking these days.

Too many jobs being created

Written By: - Date published: 2:20 pm, November 7th, 2018 - 14 comments

The latest unemployment data showing the jobless rate falling to under 4% follows the equally bad 1.0% economic growth in the September quarter and a budget surplus of $5.5b, confirming the economy is going down like Donald Trump, as predicted by the ANZ Bank’s business confidence survey

KiwiBuild doesn’t fly.

Written By: - Date published: 10:29 am, November 2nd, 2018 - 215 comments

More than that, it needs to be torn down before it makes a serious bid at flight.

Green Growth

Written By: - Date published: 11:20 am, October 26th, 2018 - 86 comments

Shade it any colour you like…

GDP figures expose business confidence survey nonsense

Written By: - Date published: 1:29 pm, September 20th, 2018 - 99 comments

ANZ Bank’s Outlook business confidence survey has been forecasting gloom and doom for the economy ever since the surprise election result turfed out the National Party. Today’s GDP data showed the economy has actually been pumping along faster than the Reserve Bank believes is good for it.

Someone tell the business sector, Kiwis like this Government

Written By: - Date published: 8:00 am, September 18th, 2018 - 29 comments

A recent survey conducted by IPSOS shows New Zealanders are feeling more positive about the Labour-NZ First coalition government than they were the previous one.

What does it take for bosses not to get their bonus?

Written By: - Date published: 11:26 am, September 13th, 2018 - 17 comments

Why is it that all risk lies with the shareholders? Why does poor performance by a company not result in CEO and top management bonuses being clawed back?

Building Nations

Written By: - Date published: 8:15 am, August 16th, 2018 - 72 comments

This Government has probably one term to show progress in dealing with the country’s infrastructure deficit.

A Thousand Words

Written By: - Date published: 9:12 am, August 11th, 2018 - 139 comments

…in a single graph.

Let them fall

Written By: - Date published: 8:00 am, August 3rd, 2018 - 105 comments

We’ve seen a fair few construction companies go under or get close to it recently.

Scrap the spending cap

Written By: - Date published: 8:45 am, July 23rd, 2018 - 152 comments

Economist Ganesh Nana and Alan Johnson from the Salvation Army have urged the Government to relax the fiscal straight jacket imposed by its budget responsibility rules.

Government with a plan

Written By: - Date published: 8:00 am, July 22nd, 2018 - 46 comments

Labour and New Zealand First Ministers under the first term of the sixth Labour government sitting in the Cabinet office.

The polls are great. Top work. But I’m getting worried about the entropy of this government already. Matthew Hooten and Karl Marx agree with me.

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