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When I was a lad, Treasury was a home for bean counters. Many a fine public servant did an accounting degree part-time at evening classes at Vic. Read more
New Zealand is blessed with substantial rainfall. But, the pressure of population and agriculture is pushing some catchments to their limits. Read more
Celine Dion's two Auckland shows have sold out, thanks to ticket scalpers. General release tickets went on sale midday Monday and sold out hours later, with tickets appearing on resale sites immediately at double the price. Read more
New Zealand exports about 95 percent of its dairy production. The receipts make it a major overseas earner. Read more
I love Perpetual Guardian's experiment with a four-day work-week, but that does not mean I think it will work. The great thing about flexible labour markets is that it does not matter whether I think it will work, whether you think it will work, or whether the labour regulators at the Ministry of Business, Innovation and Employment (MBIE) think it will work. Read more
The Global Financial Crisis now seems such a distant memory, it is easy to think of it as an historical episode. But this week’s stock market troubles are a timely reminder that the world economy is not in a healthy state. Read more
James Shaw’s State of the Planet speech called for a new economic model – sustainability economics – to meet environmental and equity challenges ahead. While his call comes from the left, it reminded me of earlier criticisms of mainstream economics from the right. Read more
It’s too easy to take things for granted. In Monty Python’s classic Life of Brian, John Cleese’s Reg asked what the hated Romans had ever done for the people of Judea – and was rather annoyed to hear a long list of things like medicine, sanitation, education, wine, irrigation and more. Read more
The last time I wrote for Interest about the road toll was in October. At the time, Police were predicting 60 further deaths for 2017. Read more
Wellington (16 January 2018): The New Zealand Initiative's Sam Warburton says that Jordan Williams of the Taxpayers’ Union has overlooked bigger problems in transport funding in his claim that the National Land Transport Fund be limited only to roads. “Apart from the contribution public transport can make to alleviating congestion, what Mr Williams’ argument misses is that much National Land Transport Fund expenditure is matched almost dollar-for-dollar by ratepayers,” said Warburton. Read more