The asymmetry between borrower and lender is well illustrated by Keynes telling the New Zealand Minister of Finance, William ...

The Government’s plans to remove the wellbeing provisions in the Public Finance Act represents a reversal of the way society ...

ACT was founded as a party advocating neoliberal economics; neoliberal economists still advise it, even if many of its members do not always appreciate the economics they are signing up to.

Monopsonies – dominant purchasers – need to be restrained as much as monopolies – dominant sellers. That is what pay equity is about.

While many of the world’s Christian religions seem preoccupied with personal issues that Jesus, their founder, barely touched upon, they must engage with economic issues too. Robert Prevost, chose the ...

Should we pursue a ‘Golden Rule’ where any public borrowing for consumption is temporary? This columnist is a fiscal conservative who is cautious about government borrowing for public consumption. I ...

Four eighty-year-old books which are still vitally relevant today. Between 1942 and 1945, four refugees from Vienna each published a ground-breaking – seminal – book.* They left their country after ...

A modest attempt to analyse Donald Trump’s tariff policies. Alfred Marshall, whose text book was still in use 40 years after he died wrote ‘every short statement about economics is misleading with the ...

While doing some unrelated work, I came across some international data on the healthcare sector which seemed to contradict my – and the conventional wisdom’s – view of the healthcare sector. Broadly, ...

Do its Property Right Provisions Make Sense? Last week I pointed out that it is uninformed to argue that the New Zealand’s apparently poor economic performance can be traced only to poor regulations.