by Brian Easton

Thomas Piketty says economic inequality has been getting greater in the world, and will get greater. What about New Zealand?

Paul Krugman said 'Thomas Piketty‘has transformed our economic discourse; we’ll never talk about wealth and inequality the same way we used to’. Many other eminent economists have said much the same thing.

The EU approach in trade deals is likely to protect the right of states to make public policy

How can foreign investors in New Zealand be sure that we will treat them fairly? If they are not sure perhaps they will not invest here, even though their investment may be valuable to us. (I do not believe all foreign investment is worthwhile, but much is.)

The election demonstrated deep divisions. Will the next three years make them worse or help heal the rift? And where will the pressure points be?

Will we see New Zealanders marching in the streets during the next three years? I don't mean protests in which the police, while behaving perfectly professionally, are smiling benignly in a sort of agreement. I'm wondering whether we'll see civil disturbances. And I'm not the only person pondering such things – probably even John Key is.

If National can adapt to change, why can't Labour? 

Once upon a time National was a party dominated by farmers and their rural base. Its first townie leader, Sid Holland, had to have a farm bought for him in the 1940s, to maintain his status in the party. It was such a country party that there was a view in the 1960s that as New Zealand urbanised National would lose voter share because Labour was so much stronger in the cities.

One of the biggest issues missed during the election campaign was the sustainability of National's economic, environmental and even social policies. So what do you do if the government's not thinking long-term?

Behavioural economics is not a complete theory but it demonstrates that we are not the economic rational being usually assumed in economics theory. One of the most troubling divergences is that we make time-inconsistent decisions so our short run choices do not cohere over the longer term.

If voters can see the commonality between Labour and the Greens, why can't political analysts?

Most political analysis in New Zealand seems trapped in the two-party winner-takes-all world, or perhaps they are numerically challenged by the number which comes after two. Whichever, to discuss the National-Labour divide without mentioning the Greens is almost pointless. (I’ll come to NZ First shortly.)

A softening of the housing market, falling dairy prices and potential weakening of the Chinese economy do not bode well for New Zealand

There were knowing smiles among economists when earlier this year John Key set the election date a couple of months early. He told us it was because there were various international gatherings that the prime minister had to attend. But it also seemed possible that economy growth would be weakening at the end of 2014.

On the eve of the election, let's not forget the influence of 'dollar-voters' on the outcome

A modern society uses two main ways for regulating its public life; politics and the market. In principle the political ideal is 'one person, one vote', whereas markets are driven by 'one dollar, one vote'.

There's lots to celebrate in our schools, and even Maori achievement has more to say for it than often acknowledged, but questions remain

While there is much grumbling about New Zealand's education system, the evidence suggests it's doing very well. Every three years the OECD surveys a sample of 15 year-old students. The exercise, known as PISA: (Program for International Student Assessment) looks at three dimensions: reading, maths and science knowledge.

There's lots to celebrate in our schools, and even Maori achievement has more to say for it than often acknowledged, but questions remain

While there is much grumbling about New Zealand's education system, the evidence suggests it's doing very well. Every three years the OECD surveys a sample of 15 year-old students. The exercise, known as PISA: (Program for International Student Assessment) looks at three dimensions: reading, maths and science knowledge.