Tagged: finance

New Zealand will make big banks, insurers and firms disclose their climate risk. It’s time other countries did too - Guest Work

Guest Author • Sep 18, 2020 •

• climate change,
• climate risk,
• finance,
• Zero Carbon Bill

Ivan Diaz-Rainey, University of Otago This week’s announcement of mandatory disclosures of climate-related risks for companies and financial institutions is arguably the New Zealand government’s most significant climate policy — even more so than the Zero Carbon Act itself. The new policy will come into effect in 2023. It requires all banks, asset managers and insurance companies with … Read More

Higher cigarette prices would help millions avoid poor health and extreme poverty - News

Jean Balchin • Apr 12, 2018 •

• cigarette prices,
• cigarette tax,
• economists,
• finance,
• Health,
• income,
• limitations,
• medical costs,
• modelling study,
• poor,
• population,
• poverty,
• public health advocates,
• rich,
• Smoking,
• UN sustainable development goals,
• universal health coverage

According to a study published in the BMJ today, a significant increase in cigarette prices would aid millions of people around the world avoid poor health and extreme poverty. The study concluded that people on low incomes have the most to gain, and the researchers argue that modest action by many governments “could yield unprecedented health gains and poverty reduction.” Smoking … Read More

Steven Joyce as Minister of Finance - The Dismal Science

Michael Reddell • Dec 08, 2016 •

• economics,
• finance,
• GDP,
• MBIE,
• science and innovation,
• Steven Joyce

Bill English is reported to have the numbers to become leader of the National Party and, thus, our next Prime Minister.  And if does succeed in that quest he has indicated that Steven Joyce will become the Minister of Finance. That news had me digging out a couple of posts I’d written this year on Mr Joyce’s comments and claims.  … Read More

How do we teach this? - The Dismal Science

Bill Kaye-Blake • Feb 15, 2013 •

• capital,
• crisis,
• despair,
• economics,
• finance,
• risk

Reading through the post-mortems of the financial crisis, I’ve been struck by something. The behaviour of the finance sector doesn’t fit the standard economics model, the Samuelson textbook depiction, or the Heckscher–Ohlin model of trade, or the Solow model, or any of the other bog-standard depictions of the economic system that we like to teach. A key [...] … Read More

Notes on the financial crisis - The Dismal Science

Bill Kaye-Blake • Feb 14, 2013 •

• economics,
• finance,
• GFC,
• government

I’ve been writing a paper for today’s conference, ‘Lacan and the Discourse of Capitalism’. I’ll post an abstract or paper later, but I wanted to point to a few resources about the financial crisis for your viewing pleasure. One is this great graphic from the IMF about the structure of MBSs and CDOs. The structure [...] … Read More