Tagged: Economy

A question for Steven Joyce - The Dismal Science

Michael Reddell Apr 09, 2016

A reader pointed me to an article on the NBR website in which Science and Innovation Minister [isn’t there something wrong when we even have a government “innovation minister?]  was quoted as telling a business audience yesterday that: more migration is the only way to bridge the current skills gap for ICT companies in New Zealand. and “That’s one … Read More

Kiwibank: a retrograde step - The Dismal Science

Michael Reddell Apr 07, 2016

I wrote about Kiwibank last week, noting that there had never been a good economic reason for the Crown to have established it, and that there was not a good economic reason for the Crown to continue to own it.   Doing so undermines (modestly) the efficiency of the financial system, and poses unnecessary risks for taxpayers. I take it … Read More

Productivity: where do we stand? - The Dismal Science

Michael Reddell Apr 06, 2016

Comparisons of material living standards across time and across countries are fraught with measurement problems.  No one seriously questions that 100 years ago we had some of the very highest material living standards, and equally no one really questions that we are a long way off that mark now. Some want to focus instead on wellbeing indicators. That is … Read More

Five years on – perspectives on the Christchurch economy - The Dismal Science

Michael Reddell Feb 22, 2016

This week saw the  fifth anniversary of the most destructive of the thousands of earthquakes that have hit Christchurch and its neighbouring areas since September 2010. Christchurch is “home” to me. I haven’t lived there for decades, and don’t suppose I will again. But almost all my wider family live there, and my ancestors for 150 years or more have lived in … Read More

Have we finally reached peak fossil fuel emissions? - Guest Work

Guest Work Dec 08, 2015

Pep Canadell, CSIRO Despite robust global economic growth over the past two years, worldwide carbon emissions from fossil fuels grew very little in 2014, and might even fall this year. A report released today by the Global Carbon Project has found that fossil fuel emissions of carbon dioxide grew by only 0.6% in 2014, breaking with … Read More

Refugees and the economy - The Dismal Science

Eric Crampton Sep 10, 2015

Richard Meadows at the Press asked me whether I’d seen any reports on the costs and benefits of accepting more refugees. I’ve not seen any real cost-benefit assessments, though I have seen indications that, in US data, huge numbers of refugees had zero effect on local labour markets – David Card’s work on the Marial boatlift. I’ve copied below what … Read More

Economic performance since 1952 for Her Majesty’s realms and territories - The Dismal Science

Michael Reddell Sep 09, 2015

Today Queen Elizabeth becomes the longest-reigning British monarch (as others have noted, she became New Zealand’s longest-reigning monarch a couple of years ago). By 1952 a few places that had been British possessions or protectorates had already become independent (eg India, Pakistan, Israel, Ireland) but the extent of Her Majesty’s territories was still quite astonishingly large.  The Conference Board has GDP per … Read More

Coal, climate change, and the NZ economy: Winners, losers, and long-term users - Hot Topic

Cindy Baxter Aug 19, 2015

Cross-posted from Coal Action Network Aotearoa As the country reeled with the news last week that Solid Energy had gone into administration with a $300m debt, another event was happening in the Pacific that puts the debate in a context that it too seldom receives in New Zealand. On Thursday, Kiribati Prime Minister Anote Tong … Read More

The Greening of National: just add Gold - Politecol

- Wayne Linklater Nov 27, 2012

Perhaps your Grandmother, like mine upon seeing my striped shirt, advised that “blue and green shouldn’t be seen, without a colour in between”. Fashion though, like the economy and its politics, is never constant – they are always reinventing themselves. Those clashing stripes have ‘gone out’ again but I think blue-green is set to become fashionable in the economies and … Read More