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The Zero-Carbon Act means New Zealand is to accelerate the transition to an economy that uses fewer carbon-fossil based energy sources. Given what we know about the problems of global warming, a future in which most energy is renewable is to be welcomed. (As a life-long bicycle commuter, I also hope this future involves fewer […]
In a sense OK Boomer has a history as long as the lives of Baby Boomers themselves – at least if we relate such things to the overlapping generations models in economics.
In an earlier post I noted that a partial solution to the climate crisis is large scale investments in capital-intensive green energy projects, particularly in developing countries. This provides an opportunity for middle-aged savers in high income countries, so long as their savings are productively invested. This is where New Zealand has an issue.
The world faces three particularly awkward economic issues over the next fifty years: how global living standards can be maintained with lower greenhouse gas emissions; how poor people in countries that still have high population growth rates can be brought out of poverty; and how the impact of population ageing in higher income nations can […]
When you get to a certain age, anyone under 35 seems young. People born after 1984 have different preferences and a different life experience than people born earlier. Their phones are better, their clothes use less cloth, their cars are more fuel efficient, and they probably left home at a later age. They may eat […]
About fifteen years ago, the new Secretary of the Treasury, Dr Caralee McLeish, was part of a World Bank team that put together a dataset measuring the regulations and taxes that small businesses face in different countries. In conjunction with Price Waterhouse, this group (including an extremely famous Harvard economist) worked out the taxes paid […]