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Does Money make Money?

‘Rock star economist’ or ‘inequality messiah’ French economist Thomas Piketty’s book Capital in the Twenty First Century has outsold every other book on the planet this year. The book is so popular because it floats the idea that money makes money, so the wealthy will forever become better and better off than the rest. The […]

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machine-taking-jobs

As technology progresses and disrupts more jobs, more workers will be employable only at lower wages

The latest edition of “The Economist” (October 4) is another commentary on the consequences of the Information and Communication Technology (ICT) revolution, how it has been the driver of this boost in incomes and rise in overall productivity of several economies. What the various industrial revolutions have in common is that they disrupt life and […]

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Video thumbnail for vimeo video Can the government really create more Jobs?

Can the government really create more jobs?

Over the last few weeks a range of economic development policies have emerged from across the political spectrum. They vary from the weird to the wonderful, but all of them suffer from the same problem – the delusion that the government can always create jobs and stimulate regions and industries. Today we will look at […]

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electricity

Which Party Will Lower Your Power Bill?

The Labour/ Greens have made no secret of their proposal to reform the electricity sector, announcing the NZ Power plan over a year ago during the asset sales process. National’s approach is more of the same – gently encouraging more competition in the electricity market. The question is which will lower your power bill? The […]

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NZPARLIAMENT

Politicians reach a new low on tax

Wouldn’t it be nice if elections were about uncovering the best government policies and the best people to implement them? Isn’t that why we have a democracy in the first place? Well, we can kiss that illusion goodbye. Take a look at the way the major parties are behaving around tax. They’re squabbling about the […]

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