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May
19
2010

Sir Roger’s alternative budget

Notice that I just stole the title from Kiwiblog – as it was really the best title in my opinion ;)

This is the first set of policies for the Budget, so it is the first post for our “Budget 2010” series.

Kiwiblog has a great rundown, I’ve only got a few points to add:

  1. Yes it would increase efficiency and GDP.
  2. Yes it would have “equity” costs.
  3. Given that no party was elected on the basis of this sharp a change in “redistribution” between equity and efficiency it isn’t the budget I would recommend for actual policy at the current time.
  4. I do applaud Roger Douglas for doing a realistic run through of what his budget would look like though – I respect transparency.

As more Budget or alternative budget details come through we will have a crack at looking at them.

About the author

Matt Nolan

Matt Nolan is an economist at Infometrics (although the opinions expressed are independent of the organisation) . Email: nolan.matt@gmail.com; matt@infometrics.co.nz. Work phone: 04-496-5290

Permanent link to this article: http://www.tvhe.co.nz/2010/05/19/sir-roger%e2%80%99s-alternative-budget/

3 pings

  1. TVHE » NZ Libertarian party alternate budget says:

    [...] is subject to the same criticisms as Sir Roger’s budget – namely the trade-off between equity and efficiency is not based on the democratic [...]

  2. TVHE » Labour’s alternative budget says:

    [...] have said into one, so that I can give them the same airtime as others.  We have already discussed Act, Libertarians, and National – and I aim to get something on the Greens out by week [...]

  3. TVHE » Budget 2010 says:

    [...] far we’ve done a review of the ACT and Libertarian alternative budgets.  Now it is time for the actual Budget, and then if we see any [...]

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