Two professors of economics have 10 questions they would have out to former Ministers about Covid-19. Hopefully these have been put by the Royal Commission. They are: I will be very disappointed if questions like these were not put to the former Ministers.
10 great questions the Royal Commission should ask
10 great questions the Royal Commission should ask
10 Sep 2025 Leave a comment
in health economics, politics - New Zealand Tags: economics of pandemics
Prebble on Covid unaccountability
06 Sep 2025 Leave a comment
in economics of regulation, health economics, law and economics, politics - New Zealand Tags: economics of pandemics
Richard Prebble writes: A Royal Commission is our nation’s highest form of inquiry, reserved for the most important issues. To ensure confidence in its findings, commissioners have the power to summon witnesses and take their evidence in public under oath. In my research, apart from health reasons, the only person to have ever refused to […]
Prebble on Covid unaccountability
Ten questions we would have asked of Ardern, Hipkins, Robertson and Verrall
25 Aug 2025 Leave a comment
in economics of bureaucracy, health economics, politics - New Zealand, Public Choice Tags: economics of pandemics
Ananish Chaudhuri and John Gibson write – It is a pity that the Ministers who were central to formulating our Covid response have refused to show up to public hearings. We understand that in the past, private interviews of Ministers may have been the norm. But according to this same group, Covid was a once […]
Ten questions we would have asked of Ardern, Hipkins, Robertson and Verrall
Reading Grant Robertson
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
Treasury states what we all knew
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
Former Minister refuse to appear before Covid-19 Royal Commission
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
Hipkins’ role as Covid czar thrust into spotlight
16 Jul 2025 Leave a comment
in health economics, politics - New Zealand Tags: anti-vaccination movement, economics of pandemics
Labour leader can no longer pretend to be the Man Who Wasn’t There Graham Adams writes – When Chris Hipkins replaced Jacinda Ardern as Prime Minister in January 2023, the legacy media preposterously promoted him as a new broom. By promising a “policy bonfire” of some of the issues that had led to Labour’s plunging […]
Hipkins’ role as Covid czar thrust into spotlight
Ouch
06 Jul 2025 Leave a comment
in health economics, politics - New Zealand Tags: economics of pandemics
Sir Ian Taylor starts his open letter to Jacinda Ardern with praise for the initial Covid response but then he gets critical: . . . People put politics aside and tried to help. Offering real solutions, safe, proven ways to save both lives and livelihoods. Business-led initiatives, technology-enabled tracking, controlled pilot programs. These were not […]
Ouch
Prepping for the Next Pandemic
24 May 2025 Leave a comment
in applied price theory, economics of bureaucracy, economics of natural disasters, health economics, Public Choice Tags: economics of pandemics
If you are like me, you spend a certain amount of time trying not to remember the pandemic experience. But COVID-19 pandemic did cause more than one million American deaths. In a world of sane and sensible prioritizing and policy-making, spending some time and effort focused on how to reduce the risks and costs of…
Prepping for the Next Pandemic
Fiscal starting points
19 May 2025 Leave a comment
in budget deficits, business cycles, economic growth, fiscal policy, macroeconomics, politics - New Zealand, Public Choice Tags: economics of pandemics
Not that long ago, New Zealand’s fiscal balances looked pretty good by advanced country standards. Sure, the fiscal pressures from longer life expectancies were beginning to build – as they were in most of the advanced world – but in absolute and relative terms New Zealand still looked in pretty good shape. Just a few […]
Fiscal starting points
Extreme measures by democratic governments
07 May 2025 1 Comment
in defence economics, health economics, law and economics, war and peace Tags: constitutional law, economics of pandemics, war against terror, World War II
Democratic governments, despite their commitment to rule of law, civil liberties, and political accountability, have occasionally undertaken temporary extreme measures when facing grave national crises. These actions are typically justified as necessary to preserve the state or protect the population, though they can be controversial or later seen as overreach. Here are several notable examples: 1. Suspension […]
Extreme measures by democratic governments
Pandemic Preparation Without Romance
25 Apr 2025 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of bureaucracy, economics of regulation, health economics, politics - USA, Public Choice Tags: economics of pandemics
My latest paper, Pandemic Preparation Without Romance, has just appeared at Public Choice. Abstract: The COVID-19 pandemic, despite its unprecedented scale, mirrored previous disasters in its predictable missteps in preparedness and response. Rather than blaming individual actors or assuming better leadership would have prevented disaster, I examine how standard political incentives—myopic voters, bureaucratic gridlock, and […]
Pandemic Preparation Without Romance
Not much parliamentary scrutiny
01 Apr 2025 Leave a comment
in business cycles, econometerics, economic history, economics of bureaucracy, inflation targeting, labour economics, labour supply, macroeconomics, monetary economics, politics - New Zealand, Public Choice, unemployment Tags: economics of pandemics, monetary policy
This was the post I was planning to write this morning to mark Orr’s final day. That said, if the underlying events – deliberate attempts to mislead Parliament – were Orr’s doing, the post is more about the apparent uselessness of Parliament (specifically the Finance and Expenditure Committee) in holding him and the rest of […]
Not much parliamentary scrutiny
Adrian Orr resigns
05 Mar 2025 Leave a comment
in business cycles, economic history, economics of bureaucracy, fiscal policy, inflation targeting, labour economics, macroeconomics, monetary economics, politics - New Zealand, Public Choice, unemployment Tags: economics of pandemics, monetary policy
Adrian Orr has resigned as Reserve Bank Governor. I normally try to highlight the good as well as the bad when someone resigns, but I have to admit in this case I struggle. I welcomed his appointment in 2017. I noted the currency rose on his appointment and that he had a very good legacy […]
Adrian Orr resigns
Australia’s Pandemic Exceptionalism
05 Mar 2025 Leave a comment
in applied price theory, applied welfare economics, budget deficits, economic growth, economics of bureaucracy, economics of natural disasters, economics of regulation, health economics, labour economics, labour supply, macroeconomics, monetary economics, politics - Australia, politics - New Zealand, Public Choice, unemployment Tags: economics of pandemics
That’s the title of a 2024 book by a couple of Australian academic economists, Steven Hamilton (based in US) and Richard Holden (a professor at the University of New South Wales). The subtitle of the book is “How we crushed the curve but lost the race”. It is easy to get off on the wrong […]
Australia’s Pandemic Exceptionalism
Utopia, you are standing in it! 
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