Monthly Archive: April 2011

Apr
05
2011

Question on the power price spikes

So some businesses are complaining that the spot price of electricity occasionally spikes when there is a shortage (and that these spikes are inconsistent).  They want government intervention. My question is, if these spikes are such a concern – why don’t the businesses set up fixed price contracts with electricity retailers in the same way …

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Permanent link to this article: http://www.tvhe.co.nz/2011/04/05/question-on-the-power-price-spikes/

Apr
04
2011

Central Banks: Second best policy and operational separation

Following a major crisis, such as the one we’ve just experienced, it is easy to get into a situation where the goal of policy is to “avoid another crisis”.  However, this is not a trap that our fine readers fall into – so we don’t need to worry about it here . This isn’t to …

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Permanent link to this article: http://www.tvhe.co.nz/2011/04/04/central-banks-second-best-policy-and-operational-separation/

Apr
01
2011

Why I’m not holistic

A lot of New Zealand policy discussion and debate is holisitc – we say we want a set of outcomes, these outcomes are desirable, these are the outcomes we need to achieve.  In essence, they are saying there are a set of states “we” could be in as a society and we should strive to …

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Permanent link to this article: http://www.tvhe.co.nz/2011/04/01/why-im-not-holistic/

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