Written By: Zetetic - Date published: 12:17 pm, June 10th, 2011 - 36 comments
Joyce was told that building the new train cars at the Kiwirail workshop in Dunedin would bring half a billion into the economy. Joyce insisted Kiwirail go with the ‘cheapest’ option. China. Now, another 40 jobs have been axed. Not to mention other economic losses. Joyce is unrepentant. Blind to the cost of ‘cheap’. Aussie’s do it smarter than Joyce.
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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