In early 2004, I wrote a letter to a man I had never met. I was a German doctoral graduate planning to move to London, struggling to find work. Read more
From 2007 until about two weeks ago, New Zealand’s regulators considered prediction markets as a kind of futures market. Then the Department of Internal Affairs decided they are gambling. Read more
The central Government has a local government problem. Rates have been rising too fast, regional councils are seen as inefficient and unaccountable, and the public wants action. Read more
Cities are shaped by millions of individual decisions. When people choose where to live, work and build, an order emerges from their combined choices – what urbanists call "spontaneous order." It arises from markets and human interactions, not from master plans. Read more
Many pre-modern people believed gambling was bad and suppressed it. If you think about it, your life insurer is a bookie betting that you’re not going to die this year. Read more
On 5 February 2026, Donald Trump stood before the National Prayer Breakfast. The room was full of the faithful – pastors, politicians, and conservative leaders who had long believed that America’s renewal required a strong hand. Read more
New Zealand has been trying to fix its resource management system for the better part of three decades. The Resource Management Act has been amended virtually every year since 1991 and reviewed several times during that period. Read more
European integration has always been a tug of war. On one side stand the enthusiasts. Read more
It is more than two weeks since the catastrophic failure of Wellington’s sewage treatment plant at Moa Point. Massive quantities of raw sewage continue to flow into Cook Strait. Read more
No straight thing can be built of our crooked timber. We can and will err, even with best efforts and intentions. Read more
If this is the first you have heard of ‘social justice day,’ do not feel bad. Few people have heard of it, despite it having featured on the United Nations’ calendar for nearly two decades. Read more
Few policies manage to unite the left, the right and the Taxpayers' Union in opposition. The Government's billion-dollar LNG import terminal in Taranaki managed it inside 24 hours. Read more
The furore over immigration settings in the trade deal with India provides an excellent reminder about a basic policy principle. You’ll have a hard time getting a policy right if you’ve misdiagnosed the problem. Read more
Ask anyone in Australia’s competition law community what transformed the economy, and you will hear a familiar story. Australia was once a cartelised, complacent place where businesses divided up markets and consumers paid the price. Read more
The coalition agreements that formed the government promised an important change to the Commerce Act. The Commerce Commission has always been able to take on traditional cartel arrangements: secret agreements where businesses divvy up a market, restrict output, and raise prices. Read more