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In 1898, the first publicly funded pension was introduced in New Zealand. Back then, those aged over 65 comprised only 1.3 per cent of the population, with the average life expectancy for males being 54. Read more

Winston Peters’ tax credit for pretty horses fights the wrong battle when it comes to improving New Zealand’s bloodstock. New Zealand has no obvious problem with ugly horses. Read more

New Zealand’s climate change policy could stand to be just a little more vanilla. When Cyclone Enawo hit Africa’s east coast in 2017, it wiped out about 16% of the world’s vanilla production. Read more

“Freedom or Socialism!” Behind this battle cry, many conservatives gathered during the Cold War. The slogan did not just unite them against their Soviet, socialist and communist enemies. Read more

It is hard to make good rules in a hurry. And the period after an earthquake – or any natural disaster – is the worst time for setting new building codes, new city plans, or new rules for urgent building demolition. Read more

The government’s planning changes to freshwater management. Earlier this month, the government released consultation documents outlining its intended approach to improving freshwater quality. Read more

The Tax Working Group’s high-level advice is absolutely correct: The government should simplify the alcohol excise structure, put tobacco excise increases on hold, and not proceed with any sugar taxes until it figures out what it is trying to achieve. This sound advice relies on a rather reasonable summary of the issues produced by the Tax Working Group’s secretariat. Read more

According to Karl Marx, history repeats itself – the first time as tragedy and the second time as farce. Looking at Italy’s looming debt crisis, he might have had it the wrong way around. Read more