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Politicians have a lot of privileges, but one privilege that regular folks have over them is the freedom to change our minds. In an interview with Meet the Press in 1970, economist Paul Samuelson explained his changing views on inflation to a journalist by saying, “Well when events change, I change my mind. Read more

Economists, or at least economists of a policy-bent, like to distinguish between outputs and outcomes. Focusing on the former comes too easily at the expense of the latter, especially in the case of KiwiBuild and the Government’s overall housing supply agenda. Read more

At its heart, Kiwibuild was a promise to end the housing crisis. The set of reforms Minister Twyford is overseeing can fulfil that promise, if he has the chance to see them through. Read more

“Nothing good happens after 3 am,” Auckland’s top-ranking police officer once said. “Facts tend to be overanalysed,” his Wellingtonian counterpart claimed. Read more

Complaining about a housing crisis in New Zealand has become a national sport, spawning all sorts of wrong policy remedies. New Zealand’s housing issue is a supply problem: The country’s rules and institutions are not conducive to a thriving building industry. Read more

When Housing Minister Phil Twyford spoke at the Initiative’s retreat last week, I had only one regret about having invited him: Our event is held under Chatham House rules. You see, under Chatham House rules you cannot report or attribute anything that is said at the conference. Read more

“Few ways are guaranteed to make yourself unpopular in New Zealand: try claiming that pavlova was an Australian invention; hating the All Blacks; or maybe expressing sympathy for local government.” This is the opening paragraph in our new publication #localismNZ: Bringing power to the people. We launched it yesterday at a joint symposium with Local Government New Zealand. Read more