From time to time people who are persuaded by my story about New Zealand’s economic underperformance ask why it hasn’t been more widely accepted, and the policy implications adopted.
And, of course, there is a variety of good reasons. They include:
- my own story/analysis is quite recent and is continuing to evolve. I’ve spent over 30 years as an economist, but central bankers mostly focus on the short-term. It was really only two years spent at Treasury from 2008, and my involvement there is helping the 2025 Taskforce, that energized me to start thinking hard, and reading widely, on the issues around New Zealand’s long-term economic underperformance. The first time I wrote anything down on any of this was 2010, and it hasn’t exactly been a fulltime occupation since then. The presentation I gave last Friday has quite different emphases in some important aspects than the first public presentation of related ideas…
View original post 1,464 more words
Utopia, you are standing in it! 
Recent Comments