Written By: Marty G - Date published: 8:42 am, March 14th, 2011 - 53 comments
The other day I was arguing $100 a barrel oil equals a global recession. I wanted be more precise: is there a certain price of petrol, above which the economy goes into recession? There is, and we’re way above it. The political upshot: the best way to promote growth is decreasing our oil dependence.
Written By: Steve Pierson - Date published: 1:43 am, September 8th, 2008 - 19 comments
Updating a post from a few months ago, here’s how Labour’s Roy Morgan poll numbers are going compared to the price of petrol since the last election (the price of petrol axis is inverted, lower line = higher price). The trend continues, when petrol prices go up support for Labour goes down and vice versa. Labour hit a […]
Written By: Steve Pierson - Date published: 12:55 pm, June 25th, 2008 - 60 comments
Petrol is over $2.10 a litre. The price will keep rising both with the ever upward march of the price of crude and the falling NZ dollar. Already, motorists are responding. Road usage in Auckland has fallen 3%. It’s fair to believe it is falling elsewhere too. The only reasonable conclusion is that the number […]
Written By: Steve Pierson - Date published: 9:49 am, June 9th, 2008 - 95 comments
We regularly hear calls (not backed by any major party, including National) for the taxes on petrol to be lowered or removed because the prices are so high. After all, every time the price goes up, the government gets more revenue, doesn’t it? No, it doesn’t. Tax on petrol has two parts. There are four levies […]
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. ...
The server will be getting hardware changes this evening starting at 10pm NZDT.
The site will be off line for some hours.
Recent Comments