As economics Nobel laureate Paul Krugman once put it, “Productivity isn’t everything, but, in the long run, it is almost everything.” Which makes you wonder what Krugman would think of yesterday’s Budget. Hidden behind headlines of benefit increases, spending initiatives and a new unemployment insurance scheme lies a worrying small detail. Read more
Dr Eric Crampton
Eric is the Chief Economist at The New Zealand Initiative. With the Initiative, he has worked in policy areas ranging from freshwater management to policy for earthquake preparedness, and from local government to technology policy. He has recently focused on policy related to Covid-19 response. He served as Lecturer and Senior Lecturer in Economics at the Department of Economics & Finance at the University of Canterbury from 2003 through 2014.
Submission: Inquiry into congestion pricing in Auckland (2021)
Policy Point: A risky place to do business (2021)
Roadmap for Recovery: Briefing to the Incoming Government (2020)
Submission: Smokefree environments and regulated products Act 1990: Proposals for regulations (2021)
Democracy in the Dark (2020)
Research Note: Safe Arrivals (2020)
Policy Point: Open for minds: export education and recovery (2020)
Submission: Smokefree environments and regulated products (vaping) Amendment Bill (2020)
Policy Point: Stay on Target (2020)
Research Note: Effective Treatment: Public policy prescription for a pandemic (2020)
Policy Point: Time to process (2020)
Scroll down to read the rest of Eric's work.
Phone: +64 4 499 0790
Here is our submission to the Transport and Infrastructure Committee on the inquiry into congestion pricing in Auckland. We broadly support the analysis and recommendations provided in the “The Congestion Question: Main Findings” (the Report). Read more
The Government is turning its attention from low-skilled migrant workers and focusing more on 'high roller investors', with hundreds expected to arrive as a result of the new border exemptions. But the Government has sent a message saying industries that rely on low-skilled will need to change their ways. Read more
Chief Economist Dr Eric Crampton discusses the immigration reset on Radio New Zealand - The Panel hosted by Wallace Chapman.
Potential skilled migrants deserve a few warnings about what they are getting into in moving to New Zealand – the kinds of disclosures that are often mandatory in the private sector to ensure consumers can make informed decisions The Fair Trading Act’s provisions against deceptive and misleading conduct do not seem to apply to Immigration New Zealand. Caveat emptor. Read more
The third column in our Insights newsletter is meant to be lighter. Something a bit wry or humorous – an amuse-bouche to close out the week. Read more
In our latest podcast, Eric Crampton sits down with Graeme Jarvis, CEO of Medicines NZ for an in-depth chat about IP issues around the Covid-19 vaccines and how bottlenecking supply is keeping us from getting the world vaccinated.
Listen to the full podcast below (28 minutes):
The New Zealand Initiative · Eric Crampton and Graeme Jarvis discuss Covid-19 vaccine manufacturing and distribution Read more
Vaccine access campaigners get one very big and very important thing very right. If only the richer part of the world can afford Covid vaccinations, the costs will not be borne only by people in poorer countries suffering from ongoing waves of illness and misery. Read more
On Radio NZ Nights Eric Crampton asks if waiving vaccine patents will improve worldwide access to a covid vaccine in reality, or are the bottlenecks found elsewhere in the system?
In a recent column for Newsroom (4 May 2021), Oliver Hartwich wrote about Europe, and whether its recovery will be worse than the recession. He wrote that the Covid-19 pandemic has not caused an ordinary recession - at least not in Europe. Read more
What if the real problem with local government is not that there are too many of them, but rather too few? Local Government Minister Nanaia Mahuta in April announced an independent review of local government. Read more
New Zealand was not caught entirely flat-footed last January when Covid first began making itself known. But we were several steps behind Taiwan, whose Central Epidemic Command Centre was alert to the risk very early. Read more
Governments have a hard time planning for longer term risks. Unless a specific risk, like climate change, draws voters’ attention, it is more likely to be ignored. Read more
Chief economist Dr Eric Crampton spoke on Newstalk ZB about the Government signing a memorandum of understanding with Amazon for a 25% subsidy on its Lord of the Rings TV series. He says film subsidy regimes are wasteful competition as countries scramble to attract film producers. Read more
If you’d thought that sorting Wellington’s transport issues was at the heart of the latest efforts to solve Wellington’s transport issues, well, you don’t know Wellington. For the past five years, Let’s Get Wellington Moving has been consulting with over ten thousand people and 75 stakeholder groups. Read more