The vehicle feebate scheme announced Sunday might result in more electric vehicles, but it cannot affect net carbon emissions. Transport is covered by the Emissions Trading Scheme’s binding cap on net emissions. Read more
The government’s announcement on Sunday of subsidies for electric vehicles did not make any case that the benefits to the public would plausibly exceed the costs. To fail to demonstrate positive net benefits is to fail to make a public wellbeing case for the measure. Read more
Just as Europe’s economies are emerging from the Covid-19 recession, the next big European crisis is already visible on the horizon. It is just not clear what kind of crisis it will be: another debt crisis, an inflation crisis, or a combination of both. Read more
A movie about the Prime Minister’s response to the Christchurch mosque attacks looks less likely by the day. That is for the best. Read more
To land a top job, having a stand-out CV helps. But that does not justify hallucinating your life’s achievements. Read more
Secondary schools should provide every student with the skills and knowledge they need to succeed after graduation. However, in our latest report, To Graduation and Beyond, we show that this is not always the case. Read more
Only one thing contributes to our emissions targets: lower emissions. On that standard, this week’s report from the Climate Change Commission fails. Read more
The first rule of any emissions reduction plan is that it reduces emissions. Yesterday’s plan from the Climate Change Commission does not pass this test. Read more
Anyone who’s gone through strategic planning reviews at places of business under financial distress knows they’re often a prelude to redundancies. Too often, reviews look to see what might be cut, and what can be made of what is left, rather than building toward new opportunities. Read more
The problem with economics is that it often uses a language that non-economists do not speak. Take "externalities", for example. Read more
In mid-2019, the Reserve Bank signalled it was considering unconventional monetary policy such as quantitative easing (QE), vulgo: money printing. Back then, Eric Crampton, Robert MacCulloch and I wrote a short paper called The Unreserved Bank of New Zealand: Why unorthodox monetary policy needs boundaries. Read more
The New Zealand government’s approach to border management, contrary to popular belief, is not terrified of risk. It is far worse than that. Read more
It only took minutes for the ambulance to arrive after my call to 111 from the kitchen floor, the pain cutting through me like a cracked whip. I was in trouble. Read more
Imagine you are a small country of just under nine million people. Your neighbour has a common market of 450 million consumers and 24 million companies. Read more
Persistence looks set to pay off with one of Labour’s 2017 election manifesto promises: to reintroduce compulsory sector-wide collective bargaining across the country. Dubbed “Fair Pay Agreements,” the Government’s plan is to take New Zealand back to the system of awards that dominated industrial relations for most of the 20th century. Read more
