Written By: - Date published: 3:15 pm, July 6th, 2010 - 14 comments
Economists, bankers, Treasury officials, financial wizards of various kinds, they like to pretend that they know what they’re talking about. All too often they don’t. Predicting the behaviour of complex systems is hard. Consider for example, the big banks’ predictions on the winner of the Football World Cup…
Written By: - Date published: 2:05 pm, June 9th, 2010 - 18 comments
So John Key is going to get to fly over and see the All Whites at the World Cup. Maybe he could do a match report for Radio New Zealand whilst he’s there. The World’s biggest sporting event by far, the Football World Cup, features New Zealand for the first time in 28 years. Can Radio New Zealand afford to send someone to cover this major story for our country? No.