trump

Forget the email server scandal. Bernie Sanders dismissed it as a sideshow during the Democratic Primary and he was right. All politicians are hypocritical and lie sometimes. Forget Wikileaks and the Podesta emails. They merely gave confirmation to existing biases. What undid Hillary Clinton was the same sentiment that was behind Brexit. Ordinary working people, and […]

bk

It was only a matter of time before Gareth Morgan entered the political sphere with the Opportunities Party. As a wealthy philanthropist, one time economist/kiwisaver fund manager and author of The Big Kahuna he has the time, resources and intellectual firepower to make a mark on New Zealand politics. It would be a shame if his […]

FB

It’s demand stupid! Housing affordability in Auckland has very little to do with supply and a lot to do with demand; from rampant, out of control immigration in particular, stoked with speculative fever, fueled by easy, irresponsible bank lending and up to $10B pa of laundered money. The failure of the Auckland Council to agree to […]

corbyn

Of all the initiatives proposed by Jeremy Corbyn, the one least discussed by the media but most threatening to the political and financial establishment is his QE for the people. It remains to be fleshed out. However its basic premise is that, rather than austerity, what Britain needs is for the Bank of England to “print” money, […]

helmet

Perhaps I’m missing something, but I want no part of the predictable pantomime being played out around the 100th Gallipoli commemoration. The RSA sanctioned chocolates in the shape of helmets are the tackiest manifestation of ANZAC fever (is the mint filling supposed to be brains?) The joint use of ANZAC mythology by Prime Minister Key and […]

muzzucato

As Andrew Little, Grant Robertson and the rest of the Labour caucus scratch around for relevant economic ideas, they could do worse than to go past Mariana Mazzucato, an academic at the University of Sussex and champion of state led innovation and intervention in a mixed rather than pure market economy. In 2013 Mazzucato wrote […]

iainrennie

The fallout over Roger Sutton’s resignation and State Services Commissioner Iain Rennie’s handling of it raises issues beyond inappropriate behaviour and its sterilisation by the old boys network. The golden handshakes available to those at the top of the government department/quango/SOE food chain, on top of their excessively high salaries, and the very different treatment meted […]