Economists in agreement?

So Don Brash spoke out against compulsory savings, as did Gareth Morgan (note that both would benefit personally from the policy, to a large degree).

John Carran’s article sums up how Infometrics feels about the policy.  And I am under the impression that every single NZ economics blogger that has touched the issue has said that compulsion is the wrong policy.

So is it me, or do we have an issue where economists in New Zealand all seem to agree?  And given this, does it make it more likely, or less likely that the policy will go ahead?

3 replies
  1. Eric Crampton
    Eric Crampton says:

    Count me as against too. I thought it so obvious that I’d oppose that it wasn’t worth blogging.

    We may not be a representative sample though.

  2. Miguel Sanchez
    Miguel Sanchez says:

    Don’t worry, it’s only a matter of time before someone like BERL comes out in favour of compulsion. All they need to do is show that spending money creates no private benefit.

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