Fabian Seminars – New Zealand’s economy needs a rethink

The next series of Fabian Seminars will feature financial journalist Bernard Hickey of interest.co.nz and Selwyn Pellett of the Productive Economy Council discussing the need for a complete rethink of our approach to economic policy. Bernard Hickey wrote recently in a post titled “The free market god doesn’t exist”:

“I think New Zealand needs to have a debate about capital controls, about foreign ownership of assets, about measures to control our currency and about being openly nationalistic rather than internationalistic about our economic policy.”

Selwyn Pellett had this to say recently on the PEC website:

“John Key has characterized Labour as having a “road-to-Stalin experience,” over its plan to restrict foreign ownership of assets. It’s another disappointing response from the Prime Minister, in what is becoming a track record of failure to enter debate on the economy. In cynically applying the ultimate in far-left labels to Labour’s shift in policy, Key is doing the country a disservice. This isn’t about ideologies of “left” and “right”, and it’s of greater significance than mere labels can convey. This is about finding policies that will allow our economy and thus our country to get back on track, and about accepting that the past two decades of policy have failed us dismally. Both Labour and National were compliant in creating the problem. It is important that both of them now become part of the solution”.

The Wellington seminar will be at Connolly Hall, 40 Hill Street, on Monday 22nd November from 5:30pm to 7:30pm; and the Auckland seminar in the Decima Glenn Room, Level 3, Auckland University Business School, on Friday 26th November from 6pm to 8pm. All are welcome and attendance is free. You can register on the Fabians website; it is helpful if you do.

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