On Monday Europe’s statistical agency, Eurostat, published its official annual data for the European Union’s public finances. Superficially, there is at least some good news in the figures: the eurozone deficit for 2012 was 3.7 per cent of GDP. Read more
Big government makes Europe a no-grow zone
Europe is the real problem
An obvious synonym for the United States is the word 'big'. Big cars, big houses and big business all spring to mind when you think of the country, but it is also big on drama. Read more
The shambolic story of National Standards
The debate over National Standards continues to simmer away, but the conversation is changing. If you listen carefully there is no real opposition to the general concept of National Standards – which is the reporting of student progress to parents. Read more
Art imitating economics
Oscar Wilde once suggested that “Life imitates Art far more than Art imitates Life”, but had he wanted to describe the business of art he would have probably turned to the science of economics. At face value, it would seem art and economics have very little in common, but upon second glance, the apparently fickle nature of the art market is well explained by economic rationale. Read more
Water is our strategic advantage
If New Zealand needed another timely reminder about the opportunity to sell our natural resources to the increasingly wealthy Chinese, it came this week from The Economist, which took note of the country’s water crisis. According to the magazine, water scarcity means the average person in China only uses about 400 cubic metres a year, approximately a quarter of what the average American uses, and well under the international definition of water stress. Read more
Grasping the demographic nettle
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Blowing the cover off Europe's bank crisis
The European crisis plays itself out on different levels: some clearly visible, others less so. What dominated the headlines of the past four years was Europe’s sovereign debt crisis. Read more
More debate needed on oil & gas
Oil and gas exploration is one of the most polarising issues being debated right now as judged by the number of "don't drill" signs popping up in the front yards of neighbourhoods across the country. That's probably because, as an issue, it's easy to polarise. Read more
Diary
When think tanks launch their reports, reactions are typically divided. Fair enough: our goal is to present innovative analysis and recommendations and trigger debates. Read more
Big personalities but short on policy
Twenty-four hours from now local election voting closes. Time is ticking to tick those boxes, lick that envelope and proudly post your papers off, thus exercising your democratic right to vote for your chosen local government representatives. Read more
We should be grateful for the steady hand
Safely perched in the obscurity of Wellington, it’s with a strange combination of boredom and fascination that I’m watching the US budgetary showdown, a bid by the Republicans to force the Obama administration to dial back state healthcare spending. This is because as a former markets reporter, I know almost with a certainty that one side will blink before too long. Read more
The government is not Santa
It is a sign of maturity when children discover that Santa is not real. There is no fat, bearded man who comes down the chimney and deposits gifts under the Christmas tree. Read more
Who’s afraid of sea-level rise?
Scaremongering about sea-level rise is an international pastime. Retired NASA scientist James Hanson appears to be leading the pack. Read more
David Cameron, a Tory reborn
A chameleon might blush with envy next to British Prime Minister David Cameron. Eight years after his election as leader of the Conservative Party, and a little more than three years since becoming Prime Minister in a coalition government with the Liberal Democrats, Cameron has reinvented himself yet again. Read more