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New Zealand has come out of lockdown to enter the purgatory of Three-dom (hopefully for only a couple of weeks). The path towards a new normal remains long and littered with challenges. Read more
Last Wednesday, The New Zealand Initiative published a 13-page research report explaining why reliance on central bank credit to fund fiscal deficits is not a free lunch and it is economically dangerous to claim otherwise. The New Zealand Social Credit Association subsequently placed a full-page advertisement in the weekend’s Herald espousing the opposite position. Read more
The New Zealand Initiative’s Executive Director Oliver Hartwich presented to the Epidemic Response Committee today, where he outlined his vision for New Zealand’s social, political and economic future. You can watch Oliver’s presentation here (time:1:52). Read more
Over the past week, protesters across the US have held demonstrations to demand “liberation” from lockdown measures brought in by states to contain the spread of the Covid-19 virus. Fuelled by a belief that the economy must reopen to protect the health of people’s businesses, these public gatherings (often attended by anti-vaxxers and far-right activists) make for colourful television pictures — and divisive social media messages that President Donald Trump has been only too happy to promote. Read more
As the end of the world’s strictest lockdown nears, attention is turning to life after Covid-19. The coronavirus may not be defeated anytime soon, but a good deal of thought is needed about how to repair the destruction the virus has already caused to the economy. Read more
Is it 2010 again? Back then, crisis meeting followed crisis meeting to save Europe’s monetary union from collapse. Read more
If the only economics you ever learned was from watching Ben Stein's lecture in the classic film Ferris Bueller's Day Off, you'll still have learned something awfully important for the economic recovery from the pandemic. And it's a lesson that New Zealand and Singapore have taken to heart - as evidenced by the trade agreement Trade Minister David Parker struck last week. Read more
The world is at war. The enemy may be a tiny virus, but this string of ribonucleic acid has the effect of a large military force. Read more
Early in the pandemic crisis, the Government was quick to offer a wage subsidy scheme to help protect both employers and employees. But is this scheme still fit for purpose? Read more
Two centuries ago, Napoleon Bonaparte called China a sleeping lion and advised to “let her sleep, for when she wakes, she will shake the world." Bonaparte's prophecies are relevant again today. The lion is now awake and she is becoming increasingly assertive. Read more
