Written By: - Date published: 4:20 pm, March 13th, 2021 - 96 comments
The bright-line test is a red herring and does nothing to deter housing speculation.
Written By: - Date published: 12:30 pm, October 14th, 2017 - 104 comments
The International Monetary Fund (IMF) says it now favours higher taxes on the rich and has demolished the myth this might adversely affect economic growth. The authoritative Washington-based think tank in its influential half-yearly monitor also argued for taxes on capital, suggesting a wealth and/or land taxes should be considered, something that will make Gareth […]
Written By: - Date published: 11:47 am, March 8th, 2017 - 93 comments
The IMF warns that our household debt is far too high, as desperate tenants start raiding the Kiwisaver accounts to pay the rent.
Written By: - Date published: 7:04 am, June 1st, 2016 - 159 comments
Even the IMF now acknowledges that neoliberal economics and government austerity policies have failed. Look around at New Zealand – you can see the effects.
Written By: - Date published: 8:14 am, October 19th, 2015 - 102 comments
There are a lot of canaries giving warning in the world’s economic coal mine just now.
Written By: - Date published: 12:18 pm, July 1st, 2015 - 179 comments
As the last Global Financial Crisis taught us, we’re in for another round of protecting the banks and letting the people suffer.
Written By: - Date published: 7:11 am, June 17th, 2015 - 139 comments
Trickle down economics is pronounced dead by the IMF. Housing, the working poor and the economy – the policy settings are wrong everywhere.
Written By: - Date published: 2:44 pm, March 4th, 2014 - 7 comments
No Right Turn succinctly points out the impact of the International Monetary Fund changing its mind on the adverse effects of inequality in the economic sphere. A case of an accumulation of facts overriding dumb ideology.
Written By: - Date published: 7:58 am, April 10th, 2011 - 40 comments
Peak oil. We’ve long had warnings from scientists and greens. Right wing governments never listen to those. But recently we’ve also had warnings from organisations that you might think that any government would pay attention to. The IMF is the latest to sound the alarm.
Written By: - Date published: 9:03 am, April 7th, 2011 - 48 comments
This post is largely by the head of the IMF. “[T]he pendulum will swing … from the market to the state,” Mr Strauss-Kahn says, “The benefits of growth must be broadly shared, not just captured by a privileged few … the invisible hand must not become the invisible fist.”