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This week’s Financial Stability Report continues the Reserve Bank’s fascination with climate change. It says rising seas and changing weather patterns will lead to financial losses. Read more
Both the global financial crisis (GFC) of 2007-2008 and the Covid-19 pandemic caused disruptions to the world economy. During the GFC, stock markets plummeted, and millions of people became unemployed. Read more
As the world is slowly emerging out of Covid-19, the next big crisis may already appear on the horizon. After bold fiscal and monetary packages to cushion the blow of the pandemic, inflation, stagflation and asset market disruption are dangers for the world economy. Read more
The government’s Budgets in 2020 and 2021 arguably breached the Public Finance Act 1989. This is a serious concern. Read more
In his latest podcast Leighton Smith discusses a wide range of important issues with Oliver Hartwich including the economy and Covid, interest rates, centralism, education and debt.
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Dr Bryce Wilkinson and Emeritus Professor Gary Hawke join Ben Craven to discuss Bryce’s latest report, The Illusions of History: How misunderstanding the past jeopardises our future. The trio look at some of the prevailing myths of New Zealand’s economic history, and explain the risks of basing contemporary public policy on inaccurate stories of our past. Read more
Work is underway to design an unemployment insurance (UI) scheme for New Zealand. Such schemes are compulsory and require contributions from individuals. Read more
Parliament, not government, passes legislation. Legislation is law. Read more
Who thinks that the current Labour government should seek to emulate the “great traditions” of the 1935 Labour government? At least one person thinks it should, and his opinion counts. Read more
Mike Hosking reviews and reads out part of Bryce Wilkinson's article (published in the NZ Herald) "How past illusions and future follies mar Grant Robertson's economic strategy." Hosking calls it today's "must read". In the article on his new report "Illusions of History: How misunderstanding the past jeopardises our future", Bryce warns that the government's economic policy settings risk a repeat of past mistakes. Read more