The proposal to organise fresh water, storm water and waste water into four entities reflects the contempt that New Zealand’s central government has for local communities.
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The carbon, energy and dollar cycles do not integrate well.
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The aim of a decent liberal Russia is still there; its achievement is likely to be a long way off.
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We should try to to evaluate our social policies systematically. But big data has limitations.
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Why is the British Economy in Greater Trouble Than Most Others?
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Economic history alerts us to long term trends, so that we are not trapped into thinking today’s circumstances will be forever.
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Two-and-a-half years on, the Government’s merged mega-polytechnic, the New Zealand Institute of Skills and Technology – Te Pūkenga, is facing a deficit which is double the planned one. Will Health New Zealand – Te Whatu Ora (HNZ) be facing similar troubles in December 2024?
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Too many commentators on current price pressures have not understood that this time it is very different from the 1970s. Their prescriptions may accelerate inflation.
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Andrea Vance’s ‘Blue Blood: The Inside Story of the National Party in Crisis’ provides broader insights about how Parliament works than just National’s troubles.
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Are We Keeping Up With the Changing Global Trade Patterns?
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The ongoing decline in market income inequality stopped in the 1980s. Since then it has been stable, while 1990 public policy actively increased disposable income inequality.
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We cannot be sure, but the answer matters even in the short term.
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Behavioural economics challenges our assumptions about the relevance of rational economic man.
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The takeaways from the just released data are:
1. Any estimate of GDP is subject to error.
2. The 0.2 percent decrease in the March 2022 quarter is not precise and will be revised, with the mild likelihood that it will eventually be higher.
3. New Zealand has no ‘official' definition of a recession.
4. The New Zealand economy seems to be stagnating. Whether we are in a recession (or going into one) or it is something more structural we cannot yet tell.
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The outlook does not look that promising.
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Perhaps we are reaching the stage of the 1870s, the 1930s and the 1970s of growing unease about the state of the New Zealand economy. It is not stagnating, but it is not obviously going anywhere either. Will we have another ‘Think Big’ and if so, what will be the balance between the private and public involvement?
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‘Dark Towers’, a book on Deutsche Bank, throws light on a long running economic dispute.
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Budget 2022: What does Treasury think is happening to the economy whose evolution underpins the budget policies?
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The informed discussion on the next steps in tax policy is about improving the income tax base, not about taxing wealth directly.
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