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
Every student of game theory knows that madness can have its advantages. If your enemy believes you will retaliate, regardless of the cost to yourself, they may think twice before crossing you. Read more
In this episode, Eric talks to Marko Garlick about how New Zealand's local government planning and zoning regulations create anti-competitive conditions in the retail sector, particularly for supermarkets. They explore specific examples of bizarre regulatory barriers to market entry and discuss potential solutions to enable more competition, such as national policy statements and amendments to the Commerce Act. Read more
Treasury is consulting on changes to the Natural Hazards Insurance Levy – formerly known as the EQC levy. The Herald’s Jenée Tibshraeny reports that Treasury is considering increasing the Natural Hazards Commission’s cap from $345,000 to $460,000 while increasing the levy by up to $400 per year to make up the difference. Read more
Everybody knows the dice are loaded. At least according to Canadian policy analyst Leonard Cohen. Read more
The government has made increased competition a highlight of its economic growth agenda. So, one might have hoped that a targeted review of the Commerce Act would aim at the big problems blocking open and competitive markets. Read more
1. INTRODUCTION AND SUMMARY 1.1 This submission on the discussion document Promoting competition in New Zealand – A targeted review of the Commerce Act 1986 is made by The New Zealand Initiative (the Initiative), a Wellington-based think tank supported primarily by major New Zealand businesses, and the International Center for Law & Economics [ICLE]. Read more
I. Introduction We appreciate the opportunity to comment on the Australian Government’s (“Government”) consultation on the implementation of a new digital competition regime.1 As we outline in our comments, the Government’s proposal rests on the assumption that there exists a broad global consensus on the need for ex-ante rules for digital platforms. This purported consensus is, however, largely overstated. Read more
Some essays are timeless. In 1964, Richard Hofstadter diagnosed what he called “The Paranoid Style in American Politics”. Read more
It wasn’t that long ago that New Zealand’s housing market made international news because of its insanity. In 2016, The Guardian tagged Auckland as the “hottest property market in the world” – and part of a housing crisis. Read more
1. INTRODUCTION AND SUMMARY 1.1 This submission on the Resource Management (Consents and Other Systems Changes) 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
I didn’t think it was going to go like this. But here we are. Read more
In this episode, Eric talks to Derek Gill, an adjunct scholar at Victoria University, about new research conducted with colleagues that tracks the growth of New Zealand's regulatory state from 1908 to 2024, revealing a steady increase in regulation averaging 2.4% annual growth since 2008, regardless of which political party was in power. The research challenges the common narrative about deregulation in the 1980s and shows that New Zealand's regulatory growth mirrors international trends, though more work is needed to fully understand secondary legislation and sector-specific patterns. Read more
Dr Eric Crampton spoke to Sean Plunket on The Platform about privatisation. Watch below. Read more
It’s fair to say that economists like competition. It’s also fair to say that, when politicians start talking about competition, economists ought to get a little bit nervous. Read more
In this episode, James, Eric and Oliver critique Dame Anne Salmond's Newsroom article that characterises the proposed Regulatory Standards Bill as part of a broader neoliberal agenda to undermine democracy in New Zealand. They challenge both Salmond's immediate criticisms of the bill (which they argue misrepresents its regulatory quality focus) and her broader historical argument linking classical liberal organisations like the Mont Pelerin Society to anti-democratic movements, arguing instead that classical liberalism has historically stood against totalitarianism and for democratic values. Read more
