Entries by Andrew Coleman

Negative interest rates and commodity markets

Negative interest rates are in the news. In response to imploding economies and very low inflation rates, some commentators have argued that central banks should cut nominal interest rates below zero to try and stimulate economic activity. Others including Federal Reserve Chairman Jerome Powell are less enthusiastic, noting that that there is little evidence that […]

The Big Australians

One of the most fortunate things about being a New Zealander is that we are close to Australia and we have the right to live and work there. This is not just because Australia does many things very well, but simply because Australia is such a wonderful place. Looking back, I can’t believe I only […]

Small town dynamics

By international standards, New Zealand is a small town economy. True, Auckland now has more than 1.5 million people, but by global metrics this is not very large. In 2010 there were 449 cities with more than 1 million residents, and Auckland was ranked 307 in terms of population. Small beans indeed – even if […]