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Sorry for linking to the Standard twice in one day, however they have written about a couple of things I wish to touch on recently. In a recent post Irish Bill states that: One of the things I like about being left wing is how often the best moral decision is also the best economic […]
So National’s redundancy package is out. It is different to my initial impression and slightly different to the Labour package. As well as randomly asking banks to be generous National said it was increasing the accommodation allowance for people who are made unemployed and also increase working for families for people who are made unemployed […]
It appears that the Standard is unhappy (*) (*) (*) with the ANZ-National piece on government sector spending (*). Now the criticisms of the ANZ-National line appear to be: Its only a 4 page insert in there weekly report, The definition of backroom and frontline is self-serving and wrong, The report relies on the belief […]
Well we have had an action packed quarter haven’t we – bad employment numbers, bad retail numbers, bad inflation numbers, and tax cuts. Of course I’ve stated that all these things imply more inflation, but its not what I think thats important – its what the Reserve Bank thinks that matters. On June 5th we […]
Given my belief that these tax cuts, without corresponding cuts in (unproductive types of) government spending, will lead to greater inflationary outcomes I’ve decided it is important to argue the complete opposite case – namely that tax cuts will not impact on inflationary pressures and interest rates. The common view I work off when stating […]
A rising outflow of New Zealander’s to Australia is causing concern amongst a bunch of people. People move away for a number of reasons, as the Department of Labour nicely points out. However, as economists we like to think at the margin. We are not interested in the general reasons that people are leaving New […]