David Galler

By exploring the multiple worlds she grew up in in New Zealand, Helene Wong’s memoir ‘Being Chinese: A New Zealander’s Story’ tells us much about our worlds too.

Economists have a predilection for the open economy  because, I think, openness to trade tends to be associated with openness to ideas, to technologies, to people, to opportunity, to the future. So the import controls on carpets in the 1960s meant New Zealand was unprepared for the rise of synthetics which decimated the market for coarse wools, crashing their prices in 1966.