Economy

We need to talk about the one per cent

One per cent of the world's population now control half its wealth. 

The concentration of more and more resources in fewer and fewer hands has actually accelerated since the global financial crisis. This is no accident. It is the outcome of policy decisions made – or avoided – by political leaders either unable to learn the lessons of the crisis or unwilling to act on them.  
Read More

Explaining the New Zealand economy to a Latin American

The following response to three questions (in italics) was published in a prestigious Uruguayan weekly newspaper Brecha. It may be of interest because I am responding to the Latin American economic debate which is slightly different from the New Zealand one (but only slightly). Sorry for the included material necessary for an audience outside New Zealand. Thankyou. Nicola, for checking the translation from Spanish

Read More