This paper demonstrates the truism that for every financial liability is matched by an asset. A fiscal deficit creates a liability of the government. Somewhere outside government – somewhere in the private sector – there is a private asset matching this public liability.
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The vast majority of tributes to the Listener hearken back to its glory days, with little reflection on the magazine as it was at its end.
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The swan politicians may be gliding on the water, occasionally snapping at one another. Meanwhile, as the Covid19 crisis illustrates, the officials are desperately paddling below providing the real locomotion.
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Evaluating the Covid-19 disruption economic package.
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Loyal opposition is no longer possible, so national unity is now required.
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In November 1918 New Zealand was hit by the worldwide flu which killed around 9000 of us. Is there anything to learn from this and later experiences?
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The government needs to go big or go home. Here are a few things Liam Hehir hopes it plans to announce.
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As our record on gun control shows, too often we find it easier to put off addressing issues until it is too late.
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Has economic productivity suffered from the lowering of public trust?
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I prepared this note for some friends who were arguing with a government agency over whether they were adequately consulted. (It does not matter which one; the disagreement about consultation standards is widespread.) For sometimes a public servant says that there has been consultation on a matter of public interest. Yet many stakeholders cannot recall that happening. The dispute may revolves around the meaning of ‘consultation’.
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It would be easy to report my latest findings on the income distribution with grandiose hysteria. But I am a social statistician and readers deserve a sober assessment. The conclusion that high incomes are rising faster than the rest is powerful enough on its own.
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The proposed infrastructural spending on roads leaves open a whole range of issues such as who pays and who benefits.
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Sometimes public policy in New Zealand is like the Red Queen who announced 'sentence first – verdict afterwards'.
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It is time that the people demanded something be done about the parlous state of Archives New Zealand and the National Library and of public policy towards literacy and the text generally.
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The Building and Construction Industry shows that the light-handed regulation often does not work.
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It would be great to have some evidence to justify the proposed changes.
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The proposed book disposals from the National Library involve burning our heritage.
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There are strange things going on in the world of the text – books and archives.
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David Skegg’s book not only argues for vigorous population-based health programs but also provides an uncomfortable account of how decisions in the public interest can be overwhelmed by short-term politics.
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How we celebrate the end of the year has been changing; not always positively.
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