Celebrating humanity's flourishing through the spread of capitalism and the rule of law
25 Aug 2025 Leave a comment
in budget deficits, business cycles, economic growth, economic history, economics of bureaucracy, fiscal policy, inflation targeting, macroeconomics, monetary economics, politics - New Zealand, Public Choice Tags: economics of pandemics, monetary policy
I got home from Papua New Guinea at 1:30 on Saturday morning and by 3:30 yesterday afternoon I’d finished Grant Robertson’s new book, Anything Could Happen, and in between I’d been to two film festival movies, a 60th birthday party, and church. It is that sort of book, a pretty easy read. In some respects, […]
Reading Grant Robertson
24 Aug 2025 Leave a comment
in economics of bureaucracy, law and economics, politics - New Zealand, property rights, rentseeking
I blogged in early August on how MPs appear to have been scared into supporting a retrospective law change to protect ANZ and ASB Banks form a six year old law suit over their failure to make correct disclosures with some of their loans, on the basis that the banking system could be at risk […]
The very dodgy $12.9b figure
24 Aug 2025 Leave a comment
Peter Dunne writes – It is difficult not to see Sir Trevor Mallard’s sacking as New Zealand’s Ambassador to Ireland as anything other than an act of political vengeance by Foreign Minister Winston Peters. After all, there has been considerable antagonistic history between the pair, culminating in then-Speaker Mallard’s trespassing of Peters during the 2022 […]
Diplomacy and political patronage
23 Aug 2025 Leave a comment
in Marxist economics, politics - New Zealand Tags: regressive left
Audrey Young observes: Chlöe Swarbrick became a distraction from the debate on Palestine during a crucial week in which Israel stepped up bombardments of Gaza City and New Zealand began debating a huge issue. But outrageously, she made it about whether being asked twice to apologise was unprecedented. It wouldn’t be so ironic if she […]
It’s all about Chloe
23 Aug 2025 Leave a comment
in energy economics, industrial organisation, politics - New Zealand Tags: competition law
Richard Meade writes – In its quest to lower electricity prices for New Zealand households, the Electricity Authority may inadvertently make the situation worse. This week, the authority announced plans to require New Zealand’s “gentailers” – firms that both generate electricity and retail it to consumers – to offer the same supply terms to independent retailers as […]
An attempt to lower NZ electricity prices could end up doing the opposite – here’s why
22 Aug 2025 1 Comment
in economics of regulation, politics - New Zealand, sports economics
New Zealand will be banning greyhound racing. The Bill to formally end greyhound racing will be introduced to Parliament later this year. The public will be able to make submissions to the select committee as part of the process.“It is important people get the opportunity to have their say. The decision to end greyhound racing was…
Banning racing
20 Aug 2025 1 Comment
in economics of education, labour economics, labour supply, liberalism, Marxist economics, politics - New Zealand, poverty and inequality, Public Choice, welfare reform Tags: child poverty, family poverty
According to the NZ Herald this morning: “Former Prime Minister Helen Clark has described the departure of former Prime Minister Jacinda Ardern from politics as “devastating for women around the world”.” Not this one. But then very little devastates me beyond the loss of a loved person or pet. Or dwelling on the suffering of…
Why I disagree with Helen Clark
19 Aug 2025 Leave a comment
in economic growth, entrepreneurship, fiscal policy, income redistribution, labour economics, labour supply, macroeconomics, Marxist economics, politics - New Zealand, poverty and inequality, Public Choice, public economics Tags: taxation and entrepreneurship, wealth tax
Roger Partridge writes – The Greens’ coronation of Chlöe Swarbrick at last weekend’s AGM delivered a manifesto for economic transformation that would make Soviet economists nostalgic for their glory days.
The Greens’ weekend gift to the government
19 Aug 2025 Leave a comment
MMP is meant to deliver a proportional Parliament. That is how it is designed, and how it was sold. There is one aspect to it though that can make Parliaments unproportional. It is overhang seats – when a party wins more electorates than their share of the party vote would entitle them to. We have […]
How unproportional might the next Parliament be?
16 Aug 2025 1 Comment
in applied price theory, economics of bureaucracy, industrial organisation, law and economics, politics - New Zealand, Public Choice Tags: competition law, merger law enforcement
I’ve spent the last couple of days at the Competition Law and Policy Institute’s annual workshop.Webb-Henderson’s Lucy Wright made a good case for a de minimus threshold for merger controls. Small mergers could have a safe harbour, or mergers in markets of insufficient NZ importance.If we need to set a monetary threshold for a market…
For a de minimus threshold for mergers
14 Aug 2025 Leave a comment
in fiscal policy, health economics, income redistribution, macroeconomics, politics - New Zealand, Public Choice, public economics Tags: economics of pandemics
The Herald reports: A new Treasury paper has criticised the last Government for overspending during the pandemic, leaving the country with a high level of public debt that makes it vulnerable to future shocks. The paper calculated the total cost of the pandemic at about $66 billion. It put the total fiscal contribution to the […]
Treasury states what we all knew
13 Aug 2025 Leave a comment
in politics - New Zealand Tags: economics of pandemics
The former Ministers spent $60 billion of taxpayers’s money and imposed massive restrictions on New Zealander’s rights as part of the Covid-19 response. They are now refusing to answer questions on their decision making, unless it is done in secret, rather than in public. This is such a huge contempt for the public. They were […]
Former Minister refuse to appear before Covid-19 Royal Commission
11 Aug 2025 Leave a comment
in applied price theory, economic history, economics of regulation, human capital, labour economics, law and economics, liberalism, Marxist economics, politics - New Zealand, poverty and inequality, property rights, Public Choice, rentseeking, transport economics, urban economics Tags: family poverty, homelessness, regressive left
Ani O’Brien writes – Chlöe Swarbrick wants you to believe the Government is intentionally increasing homelessness. She told RNZ’s Mata with Mihingarangi Forbes: “The only conclusion that I can really come to is that this Government has intentionally increased homelessness…” It’s the kind of soundbite that plays well on social media. Outrage travels faster than nuance, and a […]
Chlöe Swarbrick’s homelessness hyperbole
10 Aug 2025 Leave a comment
in economics of education, politics - New Zealand Tags: media bias
The Media Council has upheld a complaint by David Seymour’s office against this article on school lunches. It was found to have breached both the fairness and conflict of interest principles. The first issue was that they ran the article, and didn’t even ask the Minister for comment. They only quoted opponents of the new […]
The Press found to have breached Media Council rules with its school lunches article
08 Aug 2025 Leave a comment
in economics of crime, law and economics, politics - New Zealand, property rights
An email from Don Brash of Hobson’s Pledge explains the plan for its campaign against Māori wards on councils ran into trouble when they used a stock photo of a woman who supports the wards and was very upset when her image was used on billboards. When they learned of her distress they instructed the […]
Inciting abuse
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