Now, I know we make a big deal of how Australians make more than we do. However, it doesn’t matter how well or how poorly a country is doing – when policy is made it should be on the basis of evidence and costing, not ideology per see. Redistribution and social goals are essential – …
Category Archive: Australian economics
Permanent link to this article: http://www.tvhe.co.nz/2011/02/10/australian-government-ideology-rules-over-evidence/
Jan
19
2011
Rough 2011 predictions
I suppose I should make some falsifiable predictions for the year ahead – so I can explain at the end of the year why I was so wrong Lets go (note, these are my rough picks – they aren’t associated with anyone else, and they definitely don’t exist in a professional capacity) : NZ GDP …
Permanent link to this article: http://www.tvhe.co.nz/2011/01/19/rough-2011-predictions/
Oct
06
2010
A step too far: The case against pursuing direct capital/trade/currency controls
To start off with I have to admit I like Bernard Hickey. I like the fact he has got out there, written about New Zealand economic issues, and pushed to add an open debate type platform to the discussion regarding the New Zealand economy. As a result, I may have not been critical enough when …
Permanent link to this article: http://www.tvhe.co.nz/2010/10/06/a-step-too-far-the-case-against-pursuing-direct-capitaltradecurrency-controls/
Aug
10
2010
A note on GDP
Anti-Dismal points out the fact that Colin James seems to have run into a little confusion around the GDP statistics. Now, I can understand this confusion AND I agree that we need to think more sensibly about what income is before we run around making comparisons. In this sense, all I want to point out …
Permanent link to this article: http://www.tvhe.co.nz/2010/08/10/a-note-on-gdp/
Mar
16
2010
Three open economies walk into a bar …
There has been an interesting discussion comparing the recession in three open economies, Australia, Canada, and New Zealand. It started with the Canadians, but a couple of New Zealanders then became involved. The facts are that: Headline inflation in all three countries is currently close to target (implying that we all made our inflation targets), …
Permanent link to this article: http://www.tvhe.co.nz/2010/03/16/three-open-economies-walk-into-a-bar/
Feb
09
2010
Globally contracting money stocks
In a chart on the Rates Blog today they point out that the money stock (note not really the money supply, depending on how you define it) in the Euro Zone is declining. The indication then is that “Europe looks bad”. However, the money stock is also dropping in Australia and New Zealand. If there …
Permanent link to this article: http://www.tvhe.co.nz/2010/02/09/globally-contracting-money-stocks/
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