A guest post by Gary Lindsay responding to the speech by Infrastructure Minister Chris Bishop: Chris Bishop’s speech regarding infrastructure has been a long time coming. It’s great that a government is finally serious about the massive infrastructure deficit that has been building since the major (necessary) cuts in 1984. Correcting a 40 year infrastructure […]
Guest Post: Funding Infrastructure
Guest Post: Funding Infrastructure
24 Jun 2024 Leave a comment
in applied price theory, comparative institutional analysis, economics of bureaucracy, politics - New Zealand, Public Choice, transport economics, urban economics
Good point
23 Jun 2024 Leave a comment
in economics of crime, law and economics, politics - New Zealand, property rights
Health and Safety laws
23 Jun 2024 Leave a comment
in applied price theory, applied welfare economics, economics of regulation, health and safety, labour economics, labour supply, law and economics, occupational choice, politics - New Zealand
Peter Dunne writes – In 2016 New Zealand instituted comprehensive new health and safety laws for workplaces and other areas of activity. The expectation was that the new regime the legislation introduced would dramatically improve the culture and practice around safety in the workplace, reduce the numbers of accidents and save lives. However, the most […]
Health and Safety laws
JORDAN WILLIAMS: We can’t afford cancer drugs, but can afford this?
20 Jun 2024 Leave a comment
in health economics, politics - New Zealand, public economics
While cancer patients wait for the Government to “find the money” to fund desperately needed modern drugs, the very money meant for health research and saving lives is being flushed down the toilet. At our weekly staff meeting this morning, the research team took me through the latest batch of grant funding decisions by the…
JORDAN WILLIAMS: We can’t afford cancer drugs, but can afford this?
Inconvenient truths for eco-zealots
19 Jun 2024 Leave a comment
in energy economics, environmental economics, environmentalism, global warming, politics - New Zealand Tags: climate alarmism
Radical environmentalists have had far too loud a voice, and put far too much effort into attempting to put the environmental cart in front of the research, science and technological horses with no regard for the economic and social costs. At last someone is reminding them of some inconvenient truths: For environmentalists to have the […]
Inconvenient truths for eco-zealots
Does Parliament also need to define taonga?
14 Jun 2024 Leave a comment
in economics of crime, law and economics, politics - New Zealand Tags: constitutional law
Piers Seed writes about the current definition of taonga: According to the Waitangi Tribunal the definition of taonga is: “Treasures’: ‘taonga’. As submissions to the Waitangi Tribunal concerning the Māori language have made clear, ‘taonga’ refers to all dimensions of a tribal group’s estate, material and non-material – heirlooms and wahi tapu (sacred places), ancestral lore…
Does Parliament also need to define taonga?
How Jacinda Ardern left New Zealand on the brink of blackouts
13 Jun 2024 1 Comment
in energy economics, environmental economics, global warming, politics - New Zealand Tags: British politics
By Paul Homewood Sir Keir Starmer is standing by a pledge to ban new drilling in the North Sea, despite New Zealand abandoning a similar policy amid blackout fears. Labour’s manifesto, due out on Thursday, will feature a pledge to block all new licensing for oil and gas as one of its key […]
How Jacinda Ardern left New Zealand on the brink of blackouts
Alien pronouns
12 Jun 2024 Leave a comment
in economics of education, economics of media and culture, law and economics, liberalism, Marxist economics, politics - Australia, politics - New Zealand, politics - USA Tags: Age of Enlightenment, free speech, political correctness, regressive left
Caught out! The NZ Initiative’s Article in the Herald Blaming the RBNZ for our Rip-Off Big Banks is Contradicted by its Own Expert Witness. (Willis Beware).
12 Jun 2024 Leave a comment
in applied price theory, applied welfare economics, business cycles, economic history, economics of bureaucracy, financial economics, macroeconomics, monetary economics, politics - New Zealand, Public Choice
When it comes to the question of how best to avoid a banking collapse and multi-billion dollar bailout that can drag a whole nation into depression, the best solution, according to Chicago-Stanford economist, John Cochrane, is to require banks to set aside a fraction of their own funds as reserves to cover losses they may…
Caught out! The NZ Initiative’s Article in the Herald Blaming the RBNZ for our Rip-Off Big Banks is Contradicted by its Own Expert Witness. (Willis Beware).
Three Strikes might have kept this victim alive
12 Jun 2024 Leave a comment
in applied price theory, economics of crime, law and economics, politics - New Zealand Tags: crime and punishment, criminal deterrence, law and order
The Herald reports: A recidivist offender who shot a small-time Auckland drug dealer while robbing him of his stash and recent gaming machine jackpot had been on electronically monitored post-prison release conditions at the time of the murder – but had cut off his tracking device. That factor of Benjamin “Dekoy” Mcintosh’s murder in June 2022 was highlighted for the […]
Three Strikes might have kept this victim alive
Where did the Government get the law right and wrong with the Covid-19 response?
10 Jun 2024 Leave a comment
in economics of bureaucracy, economics of natural disasters, economics of regulation, health economics, law and economics, politics - New Zealand, Public Choice Tags: economics of pandemics
For those who are interested in public law, a very interesting paper by Dean Knight summarising the various court cases over the Covid-19 response. It details in which areas the Government won judicial reviews, and in which areas they lost. The TLDR version is: Hopefully we will not go through another pandemic anytime soon.
Where did the Government get the law right and wrong with the Covid-19 response?
Divisive rhetoric chips away at communities
07 Jun 2024 Leave a comment
in defence economics, discrimination, economics of education, labour economics, law and economics, liberalism, Marxist economics, politics - New Zealand Tags: Age of Enlightenment, free speech, political correctness, racial discrimination, regressive left
The following letter to the Gisborne Herald appears under the title above and the name of Eddie Tuhaka: Rawiri Waititi’s divisive comments and behaviour against the present Government, calling them a white/Pākehā Government, is racist and unacceptable. He and the rest of them did not complain when they all got their pay increase from the…
Divisive rhetoric chips away at communities
Comparing Treasury and Reserve Bank forecasts
06 Jun 2024 Leave a comment
in budget deficits, business cycles, economic growth, fiscal policy, macroeconomics, monetary economics, politics - New Zealand Tags: monetary policy
I put a range of charts on Twitter late last week illustrating why, from a macroeconomic perspective, I found the government’s Budget deeply underwhelming. I won’t repeat them but will just show two here. The first is the Treasury’s estimate of how the bit of the operating deficit not explained just by swings in the […]
Comparing Treasury and Reserve Bank forecasts
Another weak free speech university policy
06 Jun 2024 Leave a comment
in economics of education, law and economics, liberalism, Marxist economics, politics - New Zealand, property rights Tags: Age of Enlightenment, free speech, political correctness, regressive left
Auckland University has a draft free speech policy. There are some good parts to it, but also parts that will allow significant censorship. We take our role of critic and conscience seriously and welcome and encourage dialogue and debate including on topics which may be contentious and controversial. It is inevitable that different perspectives will […]
Another weak free speech university policy
Caught out! The NZ Initiative’s Article in the Herald Blaming the RBNZ for our Rip-Off Big Banks is Contradicted by its Own Expert Witness. (Willis Beware).
06 Jun 2024 Leave a comment
in applied price theory, global financial crisis (GFC), great recession, industrial organisation, law and economics, macroeconomics, monetary economics, politics - New Zealand Tags: competition law
When it comes to the question of how best to avoid a banking collapse and multi-billion dollar bailout that can drag a whole nation into depression, the best solution, according to Chicago-Stanford economist, John Cochrane, is to require banks to set aside a fraction of their own funds as reserves to cover losses they may…
Caught out! The NZ Initiative’s Article in the Herald Blaming the RBNZ for our Rip-Off Big Banks is Contradicted by its Own Expert Witness. (Willis Beware).
Utopia, you are standing in it! 
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