Eric Crampton is Chief Economist with the New Zealand Initiative.
He applies an economist’s lens to a broad range of policy areas, from devolution and housing policy to student loans and environmental policy. He served on Minister Twyford’s Urban Land Markets Research Group and on Minister Bishop’s Housing Economic Advisory Group.
Most recently, he has been looking at devolution to First Nations in Canada.
He is a regular columnist with Stuff and with Newsroom; his economic and policy commentary appears across most media outlets. He can also be found on Twitter at @ericcrampton.
Phone: +64 4 499 0790
There’s an old joke about economists walking past a $20 note on the sidewalk. One says to the other, “If that note were real, someone would have picked it up already.” It could be that the $20 note was a photocopied counterfeit with advertising on the other side. Read more
Dr Eric Crampton talked to Mike Hosking on Newstalk ZB about The New Zealand Initiative's blueprint for addressing supermarket competition in New Zealand. The Initiative proposes a five-year fast-track planning framework to enable new international grocery retailers to enter the market, addressing regulatory barriers that currently make it challenging for new supermarket operators to establish themselves. Read more
In this episode, Eric talks to Benno Blaschke about his groundbreaking report proposing a fast-track supermarket entry and expansion omnibus bill that could revolutionise New Zealand's grocery market. They discuss the regulatory barriers preventing new supermarket chains from entering the market and explore a legislative framework that would streamline planning and consenting processes to enable new grocery retailers to establish multiple stores across the country. Read more
This week’s budget projected no return to balanced books. It is difficult to see how recent budgets from National and Labour comply with the Public Finance Act’s fiscal responsibility provisions. Read more
Dr Eric Crampton talked to Sean Plunket on The Platform about Budget 2025, providing a critical analysis of the government's fiscal approach. He highlighted concerns about the structural deficit, KiwiSaver contributions, and potential fiscal risks, noting that the budget's overall spending remains similar to the previous Labour government's approach. Read more
Dr Eric Crampton talked to John Campbell on 1News Q+A Budget Special 2025 describing the Budget as "underwhelming" in terms of economic growth and fiscal consolidation. While noting some positive aspects like targeted spending and accelerated depreciation, Dr Crampton highlighted that government spending remains high and surplus projections are weak, even by the end of the forecast window. Read more
Dr Eric Crampton was featured in RNZ's news segment about the upcoming budget and the government's structural deficit. Dr Crampton emphasised the need to reduce government spending back to pre-COVID levels, warning that current budget trends could pose challenges for managing future economic pressures like an ageing population. Read more
Two weeks ago, I suggested a treaty ending international film subsidies. Government funding for local cultural content can be defensible. Read more
New medicines are slow to be authorised for the New Zealand market. Even if a medicine has already been approved by many other trustworthy overseas regulators like those in Canada, the UK, Australia, and the EU, Medsafe can take a very long time to evaluate a medicine. Read more
Dr Eric Crampton talked to Wallace Chapman on RNZ's show The Panel about Treasury's initial decision to ban civil society groups like the New Zealand Initiative from the 2025 budget lockup. Dr Crampton explained how Treasury had reversed their decision following legal threats and media backlash, highlighting the importance of maintaining access for organisations that provide independent analysis of budget announcements. Read more
1. INTRODUCTION AND SUMMARY 1.1 This submission on the Medicines Amendment Bill is made by The New Zealand Initiative (the Initiative), a Wellington-based think tank supported primarily by major New Zealand businesses. Read more
Dr Eric Crampton talked to Matt Heath and Tyler Adams on Newstalk ZB about the proposed social media ban for under sixteens in New Zealand. Dr Crampton discussed the mixed evidence on social media harms, the benefits for young people, and explained why implementing such a ban would inevitably create problematic trade-offs between ease of circumvention, adult user convenience, and online privacy. Read more
Dr Eric Crampton talked to Sean Plunket on The Platform about the proposed social media ban for under-16s in Australia and similar potential legislation in New Zealand. Dr Crampton discussed the practical challenges of implementing such bans, explaining the "trilemma" of any potential implementation system having at least one undesirable property: either being easy for kids to circumvent, burdensome for adult users, or ending internet privacy. Read more
New Zealand generally likes arms control treaties. I have a modest proposal for a disarmament treaty. Read more
Government economists sometimes try to fight the last war rather than the one they’re in. It’s understandable. Read more