Written By: - Date published: 6:32 am, April 15th, 2020 - 112 comments
After the lockdown, it is tempting to try and go back to what we had before. To the familiar and comfortable, especially for us that were comfortable. Forgetting that for so many, things were anything but, comfortable. That won’t be happening. “Before” no longer exists.
Written By: - Date published: 7:23 am, December 7th, 2018 - 11 comments
The Government is planning changes to the Reserve Bank Act to require it to seek full employment. Maybe it is time for a dramatic change to its powers so that it has the regulatory powers to properly deal with the Australian banks.
Written By: - Date published: 6:56 pm, August 13th, 2018 - 63 comments
Simon Bridges has blown over $100k of your money in just three months, tiki touring around the country at the taxpayers expense. Nice work if you can get it!
Update: A Shark Jumps Matthew Hooton. Live on Twitter!
Written By: - Date published: 12:31 pm, May 19th, 2018 - 71 comments
Some proposals on why we just got the budget we did.
Written By: - Date published: 11:34 am, October 9th, 2017 - 318 comments
Gross political incompetence, not immigration, is what lies behind and beneath New Zealand’s infra-structure problems. Only a excited donkey’s dick waving in a stiff breeze might point accusingly towards immigrants and immigration as the problem.
Written By: - Date published: 5:03 pm, September 6th, 2017 - 20 comments
After the first in her series of articles inviting a bank economist to analyse and comment upon Labour’s spending promises, tomorrow she turns to the second in the series with a close analysis of National’s promises.
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: 11:25 am, September 16th, 2016 - 120 comments
TS regular Tony Veitch has some practical ideas as to how we insulate NZ from the ravages of neoliberalism and climate change. Readers may agree with some, none or all of the suggestions. However, whichever way you look at it, the time for hand wringing is over. It’s time for action.
Written By: - Date published: 9:53 am, September 8th, 2016 - 4 comments
A Tory think tank proposes a massive house-building plan, with a ‘Living Rent’ to make it affordable; and Nick Clegg lifts the lid on the Tories in the last government.
Written By: - Date published: 8:00 am, August 11th, 2016 - 68 comments
Eight years after the Global Financial Crisis the major western economies are stagnant. Is this the new norm?
Written By: - Date published: 11:03 am, March 29th, 2016 - 35 comments
So, Key has now come out and revealed to us how afraid the global oligarch class (and their well paid professional enablers) are. They appear to have no plans to reverse their activites to make things better for us.
Written By: - Date published: 7:00 am, January 27th, 2016 - 76 comments
How many more lies will John Key tell today in his so-called State of the Nation address? Virtual chocolate fish to whomever guesses the closest number.
Written By: - Date published: 10:48 am, January 13th, 2016 - 154 comments
The Bank of Scotland has advised advised its clients to brace for a “cataclysmic year” and a global deflationary crisis.
Written By: - Date published: 10:23 am, August 8th, 2015 - 84 comments
Under Unitec’s new vision students will be known as Customers. Student services will be outsourced (overseas)
Aspiration statementTo be a world leader in contemporary applied learning and an agent of positive economic and social change.
Written By: - Date published: 10:18 am, June 9th, 2015 - 101 comments
Advocates of Kiwisaver and other funded “retirement savings” schemes perpetuate the fundamental misunderstanding that “conventional” in New Zealand’s case “neo-liberal” economists, speculators, finance companies, politicians and those with a lot of share holding wealth in non-productive enterprises like to perpetuate.
Written By: - Date published: 7:49 pm, March 10th, 2015 - 116 comments
I’d love to share these two posts with you and pick your brains on what you think!
Written By: - Date published: 2:13 pm, February 5th, 2015 - 74 comments
The social democracy of my youth has radically collapsed into our current culture of individualism, privatisation and personal greed.
Written By: - Date published: 10:09 am, January 26th, 2015 - 63 comments
The scale of the housing affordability crisis, particularly in Auckland, is now unmistakable. Not only do individual families suffer as home ownership increasingly moves beyond their reach, but the impact on social cohesion and on the fair distribution of resources is becoming more and more damaging. The rising cost of buying a house is without […]
Written By: - Date published: 10:07 pm, December 4th, 2014 - 35 comments
I miss Fred Dagg – John Clarke’s latest is a purler. “New Zealand … is an egalitarian nation made up of well over four million rugged individualists and naturally gifted sportspeople and is run on alternate days by the government and whoever bought the national infrastructure.” Read, laugh and weep – he might be gone but we’re not forgotten, and thank God for that.
Written By: - Date published: 7:20 am, November 4th, 2014 - 49 comments
Yesterday’s Werewolf contained a fascinating discussion between Gordon Campbell and Bryan Gould on neoliberalism and the economy. It should be required reading for Labour leadership contenders!
Written By: - Date published: 2:25 pm, August 25th, 2014 - 32 comments
Labour has the bold set of policies to take New Zealand forward into the 21st century – National’s “same old same old” tinkering will see the Kiwi skiff swamped. That was the clear conclusion from the debate between David Parker and Bill English on National Radio this morning.
Written By: - Date published: 11:11 am, May 5th, 2014 - 33 comments
Rob Salmond at Polity just saved me from having to write something like this post explaining economic basics to Steven Joyce. Joyce demonstrated again why his tenure at MoBIE has been a failure for the overall economy. He fixates on one thing like the business selling milk powder to the exclusion of the overall picture. In part that is why we have neither expanding innovation or employment in our economy at present. He is a good tactical politician. But he is a fool on strategy.
Written By: - Date published: 1:54 pm, April 30th, 2014 - 29 comments
Distribution – who pays, who gets what – is one of (or perhaps the) key question in politics. It is the big problem with Labour’s new monetary policy. We’ve all seen how the theoretical ability to compensate the losers of policies which produce net gains tends to be forgotten in practice. Which means that the acceptability of the policy is going to depend crucially on whether Labour follows through on this promise.