Category Archive

‘Rock star economist’ or ‘inequality messiah’ French economist Thomas Piketty’s book Capital in the Twenty First Century has outsold every other book on the planet this year. The book is so popular because it floats the idea that money makes … Read More

Let there be no mistake, New Zealanders want the NZ dollar to be as high as possible. A 65 US cent dollar makes us a hell of a lot poorer than an 88 cent one. So why does the Reserve … Read More

The Reserve Bank Governor Graeme Wheeler has dubbed the strength of our exchange rate “unjustified and unsustainable.” Ultimately the problem lies with his own policies, together with the refusal of the Government to tax the income from capital. According to … Read More

Over the last few weeks a range of economic development policies have emerged from across the political spectrum. They vary from the weird to the wonderful, but all of them suffer from the same problem – the delusion that the … Read More

Over the last few weeks a range of economic development policies have emerged from across the political spectrum. They vary from the weird to the wonderful, but all of them suffer from the same problem – the delusion that the … Read More

As part of our election season, one of the questions I was asked was why the Government sold down assets to pay off debt. The simple answer is that the asset sales were nothing to do with paying off debt. I … Read More

The Labour/ Greens have made no secret of their proposal to reform the electricity sector, announcing the NZ Power plan over a year ago during the asset sales process. National’s approach is more of the same – gently encouraging more … Read More