Author Archives: Stephen Keys

What constitutes radical politics in 2017?

The latest policy release by TOP leader Gareth Morgan that they would like to introduce a $10,000 pa Universal Basic Income for all New Zealanders, starting with parents of under 3’s, and make National Superannuation a means tested top up, is the most “radical” policy announcement from a political party in years. It set me […]

“Fuck the Establishment”

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 […]

The Gareth Morgan Show

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 […]

Intensification won’t make Auckland affordable

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 […]

Why the establishment really fear Jeremy 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, […]

Lest we forget

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 […]

Policy ideas for Andrew Little and Grant Robertson

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 […]