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Comments on: National’s not alternative budget: Budget 2014 http://www.tvhe.co.nz/2014/05/15/nationals-not-alternative-budget-budget-2014/ The Visible Hand in Economics Mon, 24 Jun 2019 19:48:22 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Matt Nolan http://www.tvhe.co.nz/2014/05/15/nationals-not-alternative-budget-budget-2014/#comment-43178 Fri, 16 May 2014 02:17:00 +0000 http://www.tvhe.co.nz/?p=11406#comment-43178 In reply to Sam Murray.

I see the framework as a way of trying to clarify equity-efficiency trade-offs – which is really what policy advice should be doing, and what public conversations should be about. Which is great!

I find the willingness to obfuscate either efficiency or equity costs an irritating (although also likely accidental) trait of politicians and pundits – and a clear framework makes that a bit harder to do that!

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By: Sam Murray http://www.tvhe.co.nz/2014/05/15/nationals-not-alternative-budget-budget-2014/#comment-43177 Fri, 16 May 2014 02:07:00 +0000 http://www.tvhe.co.nz/?p=11406#comment-43177 In reply to Matt Nolan.

It is interesting, turns out frameworks may be useful, sometimes.

I suspect the other reason for the framework is the rising economic literacy of other government departments. It is now expected that policy analysts across government understand key economic concepts. This does undermine the policy side of Treasury a bit. The framework is perhaps their attempt to stay relevant.

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By: Matt Nolan http://www.tvhe.co.nz/2014/05/15/nationals-not-alternative-budget-budget-2014/#comment-43171 Thu, 15 May 2014 19:21:00 +0000 http://www.tvhe.co.nz/?p=11406#comment-43171 In reply to Sam Murray.

Haha, excellent.

It is amazing how much a framework can in turn influence the way “good” policy is viewed!

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By: Sam Murray http://www.tvhe.co.nz/2014/05/15/nationals-not-alternative-budget-budget-2014/#comment-43170 Thu, 15 May 2014 19:06:00 +0000 http://www.tvhe.co.nz/?p=11406#comment-43170 In reply to Matt Nolan.

I may be able to help there. I went to a talk by two senior officials from the Treasury recently. They said it was all Treasury’s idea. Treasury wanted to counteract the idea that all they focused on was economic growth. Their Minister Bill English was lukewarm on the framework, but did not oppose it. According to the officials his comments on the framework included: ‘you’re not going soft are you’ and ‘I know you geeky types need things like this’.

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By: Matt Nolan http://www.tvhe.co.nz/2014/05/15/nationals-not-alternative-budget-budget-2014/#comment-43169 Thu, 15 May 2014 18:06:00 +0000 http://www.tvhe.co.nz/?p=11406#comment-43169 In reply to Sam Murray.

Indeed, however there is always a question of whether analysts are given the time to research things – and where there research efforts are pointed. The fact that work on this was underway during National’s first term may suggest it is an issue they came with – or it could be an issue departments felt strongly about. I do not know!

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By: Matt Nolan http://www.tvhe.co.nz/2014/05/15/nationals-not-alternative-budget-budget-2014/#comment-43168 Thu, 15 May 2014 18:05:00 +0000 http://www.tvhe.co.nz/?p=11406#comment-43168 In reply to Wilbur Townsend.

Ahhh the best start policy – that had slipped my mind as they hadn’t linked to it in their alternative budget. My workplace discussed it (http://www.tvhe.co.nz/2014/02/28/does-the-best-start-policy-make-sense/) – but their criticisms apply equally to what National has done.

Social issues are “economic issues” in terms of their impact on the distribution of income. Even with the “best start programme” I’d argue that the complete package of policies by National (the progressive changes to the tax system, the focus on education and the bottom 20% of outcomes, and now spending on vulnerable families) represents a more consistent focus on capabilities – and they focused on it at “Budget” time, when the opposition parties thought it was important to ignore said issues.

It is in that context my post came from I suspect.

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By: Wilbur Townsend http://www.tvhe.co.nz/2014/05/15/nationals-not-alternative-budget-budget-2014/#comment-43167 Thu, 15 May 2014 11:42:00 +0000 http://www.tvhe.co.nz/?p=11406#comment-43167 I’m not sure you’re being fair about Labour forgetting about social policy. What about Best Start? It seems to be kinda what you’re asking for. https://www.labour.org.nz/beststart

The opposition talk about ‘economic’ issues around the budget because that’s what people are focused upon.

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By: Sam Murray http://www.tvhe.co.nz/2014/05/15/nationals-not-alternative-budget-budget-2014/#comment-43166 Thu, 15 May 2014 11:00:00 +0000 http://www.tvhe.co.nz/?p=11406#comment-43166 Interesting points. Agree with the influence of the Living Standards Framework. People often forget the role our Westminster public policy system plays in politics. Beyond all the sensationalise reporting of politics and wailing of teeth on the Internet, politics is actually pretty straight forward. Generally, ministers rely on their departments for advice. Even a good chunk of their speeches are written by public servants. Evidence and logic tends to win out in the long term.

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By: National’s not alternative budget: Budget 2014 http://www.tvhe.co.nz/2014/05/15/nationals-not-alternative-budget-budget-2014/#comment-43159 Thu, 15 May 2014 07:39:23 +0000 http://www.tvhe.co.nz/?p=11406#comment-43159 […] By Matt Nolan […]

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