In yesterday’s post I drew attention – yet again – to New Zealand’s continued drop down the international productivity league tables. There are all sorts of caveats to the details – PPP comparisons are inevitably imprecise, and the data are subject to revisions – but few seriously doubt that we do much worse now relative to other advanced countries than we did just a few decades ago.
But it is easy to lose sight of what the numbers actually mean for ordinary New Zealanders, so I thought today I might do just a short stylised illustration.
In yesterday’s post – as on various occasions in the past – I’ve contrasted our outcomes with those of a group of highly successful OECD countries (but excluding Norway (oil), Ireland (even their own authorities don’t use GDP as a measure of Ireland’s outcomes) and Luxembourg): Switzerland, Denmark, Belgium, the United States, Sweden, Austria…
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Utopia, you are standing in it! 
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