Written By: Zetetic - Date published: 11:31 am, October 28th, 2011 - 52 comments
Net benefit of hosting the Rugby World Cup $280m over 7 weeks ($780m tourist spending minus $500m investment and operating losses). Cost of an 8cm welding crack in the Maui pipeline: $350m after 2 days. Guess it pays to mind the small stuff. Least it didn’t happen during the Cup when Auckland was chocka with tourists.
The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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