
Our one-eyed Reserve Bank
In Greek mythology, the Cyclops were a race of giants, each with great power yet with only a single eye. According to legend, the Cyclops traded their second eye for the gift of prophecy. Read more
In Greek mythology, the Cyclops were a race of giants, each with great power yet with only a single eye. According to legend, the Cyclops traded their second eye for the gift of prophecy. Read more
People can argue the toss about whether the government should be more or less active in redistributing income but it’s good to have an accurate picture of how much the government already does to reduce inequalities in market income. It’s especially important when the government’s reviewing the tax system. Read more
The New Zealand Initiative's CEO Dr Oliver Hartwich introduces his fortnightly 'Spotlight on Europe' column for Newsroom Pro this week. He describes himself as both a Europhile and an EU sceptic, and explains why New Zealanders should care about the continent where the modern world is crumbling. Read more
The Productivity Commission’s report on state sector productivity makes for dismal reading. We all could be enjoying either more of the benefits that government programmes can provide, or lower taxes, or a combination of the two if the state sector had a greater focus on productivity. Read more
Whoever added Whitney Houston to this government’s Spotify playlist has a lot to answer for. “I believe the children are our future, teach them well and let them lead the way.” These are perfectly fine song lyrics. Read more
Gluttony. The two weeks since Wellington on a Plate (WOAP) began have been glorious gluttony. Read more
Imagine a management consultancy asked for help with a large company’s performance. At the end the inquiry concludes the company does not measure whether its processes are efficient. Read more
There is a saying about the news media: "If it bleeds, it leads". Not to be crude, but the recent rise in coverage of period poverty is a classic example of such thinking. Read more
Housing Minister Phil Twyford’s address to Infrastructure New Zealand’s Building Nations Symposium last week made it very clear that the current governing coalition is very serious about fixing Auckland’s housing affordability crisis. But the conference also made a few other things clear. Read more
Switzerland, my home country, is often referred to as the poster child of localism. A substantial part of the political decision making, taxation and public spending is done on a sub central level. Read more
At the risk of making myself unpopular, I have absolutely no problem with Simon Bridges’ expenses bill. Except that it was leaked and that some other politicians are trying to turn it into a scandal. Read more
Travelling to New Zealand will be a tremendous shock to the system, a couple of my peers tried to convince me before I left home in Zurich. It was - but not for the reasons everyone told me. Read more
I noted a few problems in Treasury’s staffing in my column a fortnight ago. Among staff whose qualifications are known working as analysts, senior analysts, principal advisors and senior managers, economists are in the minority. Read more
My Insights article, Low Tax Fantasy, on 27 July rebutted the claims that New Zealand was a low-tax country by global standards and that tax is love. The article struck a chord with a number of readers, one of whom said it reminded her of one of Shakespeare’s sonnets about love. Read more
Mohammed Alsahani once had an upholstery business in Damascus. But when civil war broke out in Syria, he and his family were forced to flee. Read more