Tagged: Tim Hazledine

Agreeing and disagreeing with Tim Hazledine - The Dismal Science

Eric Crampton Mar 26, 2013

Auckland's Professor Tim Hazledine says New Zealand's real problem is low income, not the cost of living. While I agree that, longer term, we do have a productivity/income problem, we perhaps have different takes on solutions. First, imagine that labour productivity doubled and that wages doubled. Some cost-of-living elements would ease substantially - food and tradeable goods in particular … Read More