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The biggest risk to New Zealand’s Emissions Trading Scheme isn’t technical issues in how the scheme is run or in its accounting. The biggest risk instead is politics. Read more
I was very disappointed with the recent housing announcements. Partly because they will increase my rent. Read more
As economics Nobel laureate Paul Krugman once put it, “Productivity isn’t everything, but, in the long run, it is almost everything.” Which makes you wonder what Krugman would think of yesterday’s Budget. Hidden behind headlines of benefit increases, spending initiatives and a new unemployment insurance scheme lies a worrying small detail. Read more
Chief Economist Dr Eric Crampton discusses the Government's 2021 budget. If you would like to listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
In colonial India, Delhi had a little problem with cobras. Since cobras can cause unpleasant things, like death, a solution was needed. Read more
The Government is turning its attention from low-skilled migrant workers and focusing more on 'high roller investors', with hundreds expected to arrive as a result of the new border exemptions. But the Government has sent a message saying industries that rely on low-skilled will need to change their ways. Read more
Chief Economist Dr Eric Crampton discusses the immigration reset on Radio New Zealand - The Panel hosted by Wallace Chapman.
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Potential skilled migrants deserve a few warnings about what they are getting into in moving to New Zealand – the kinds of disclosures that are often mandatory in the private sector to ensure consumers can make informed decisions The Fair Trading Act’s provisions against deceptive and misleading conduct do not seem to apply to Immigration New Zealand. Caveat emptor. Read more
A worker producing $30 worth of widgets per hour but receiving a salary of $40 per hour would soon lose his job. No employer would be willing to subsidise their employees like that. Read more
New Zealand’s housing shortage causes a lot of misery. An inflexible housing system makes it very hard for supply to respond to changes in demand. Read more