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Govt making the case for higher levels of debt for longer

Last week’s post-Covid fiscal and monetary policy workshop, hosted jointly by the Reserve Bank and Treasury, seemed designed to warm the policy economics community to higher levels of public debt. While low interest rates mean investment projects that might not normally make the grade can now stack up, stacking up debt builds its own fragility. Read more

Dr Eric Crampton

The Dominion Post

28 June, 2021

Podcast: Oliver Hartwich on the new normal

The global pandemic has led to a lot of political catchphrases, such as Green New Deal, and Build Back Better. Are these slogans of little substance, or will we soon see the state take a more assertive role in the economy? Read more

Dr Oliver Hartwich

Ben Craven

Podcast

25 June, 2021

Unjustified dismissal and the Peter Principle

According to the Peter Principle, people in a hierarchy tend to rise to their "level of incompetence." While intended as satire, many people will have their own story of the Peter Principle in practice. Of a boss not up to the role they have been promoted to fulfil. Read more

Roger Partridge

Insights Newsletter

25 June, 2021

Roger Partridge on dismissal procedures for senior managers

Roger Partridge talks to Mike Hosking on Breakfast about his new report that says our employment protection laws make it hard to fire poorly performing senior managers.

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Roger Partridge

Mike Hosking - Breakfast Newstalk ZB

22 June, 2021

Research Note: Nothing costs nothing - Why unjustified dismissal laws should not apply to the highly paid

The personal grievance provisions of the Employment Relations Act 2000 (ERA) prevent an employer from firing an employee without good cause. Instead, dismissals must be justified. Read more

Roger Partridge

Research Note

21 June, 2021

Media release: Employment law change needed to improve productivity

Wellington (Monday, 21 June 2021): New Zealand's productivity growth is being hampered by employment protection laws that constrain boards and business owners from firing poorly performing senior managers, warns a report from The New Zealand Initiative. In Nothing Costs nothing: Why unjustified dismissal procedures should not apply to the highly paid, Initiative chair and senior fellow Roger Partridge found strong arguments for New Zealand adopting an Australian-style carve-out of high-income earners from the unjustified dismissal provisions of the Employment Contracts Act 2000. Read more

Roger Partridge

Media Release

21 June, 2021

News from the Unreserved Bank

In mid-2019, the Reserve Bank signalled it was considering unconventional monetary policy such as quantitative easing (QE), vulgo: money printing. Back then, Eric Crampton, Robert MacCulloch and I wrote a short paper called The Unreserved Bank of New Zealand: Why unorthodox monetary policy needs boundaries. Read more

Dr Oliver Hartwich

Insights Newsletter

4 June, 2021

Eric Crampton on hosting the next America's Cup in New Zealand

How long will the America's Cup stay in New Zealand ? Team NZ is currently in exclusive negotiations with the government and Auckland Council to host the next event. Read more

Dr Eric Crampton

Newshub

2 June, 2021

Why new Fair Pay Agreements claims don't compute

Persistence looks set to pay off with one of Labour’s 2017 election manifesto promises: to reintroduce compulsory sector-wide collective bargaining across the country. Dubbed “Fair Pay Agreements,” the Government’s plan is to take New Zealand back to the system of awards that dominated industrial relations for most of the 20th century. Read more

Roger Partridge

NZ Herald

1 June, 2021

The case for a congestion charge

Emissions pricing and congestion pricing have a lot in common. The economics of both are straightforward. Read more

Dr Eric Crampton

The Dominion Post

31 May, 2021

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