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Is it possible to have too both too much and too little of something at the same time? This may sound like a problem posed by quantum physics but the question arises with something much more prosaic: bus drivers. Read more
Eric Crampton comments on the new taxi service to rival Uber. Zoomy now has more than 80,000 app downloads and more than 2000 drivers, but can it become profitable? Read more
The candles have barely dimmed since his last birthday and we’re already celebrating Karl Marx’s 200th birthday, capitalism’s arch-critic. Over the past couple of centuries, capitalism has come to dominate a large part of the Western world. Read more
The two most exciting items in this year’s budget barely even made it into the budget tables. Both point toward better fiscal futures. Read more
Government spending decisions can be popular or unpopular; they can be justified and unjustified. We all like to criticise the government for unjustified spending to increase its popularity. Read more
The best thing about budgets in New Zealand is that they are just a little bit boring. Our fiscal conventions ensure big changes are telegraphed well in advance. Read more
Wellington (17 May 2018): The New Zealand Initiative applauds today’s Budget 2018 announcement of an independent fiscal institution. Associate Finance Minister James Shaw announced a new independent body to assess government forecasts and cost political party election promises. Read more
Eric Crampton discusses Budget 2018 with Andrew Dickens. He says there are not many surprises, but he does find a few risks. Read more
Last week, the National Business Review reported that the New Zealand Government is considering introducing so-called land value uplift charges to finance new infrastructure projects. Papers obtained by the NBR under the Official Information Act show that the New Zealand Transport Agency and the Ministry of Transport are weighing the pros and cons of making property owners bear the costs of projects that increase the value of their land. Read more
The Coalition government’s first budget is just over two weeks away. Its core is always fiscal policy – how much it is planning to spend and how it is planning to fund that spending. Read more
