Monopsonies – dominant purchasers – need to be restrained as much as monopolies – dominant sellers. That is what pay equity ...

While many of the world’s Christian religions seem preoccupied with personal issues that Jesus, their founder, barely touched ...

While doing some unrelated work, I came across some international data on the healthcare sector which seemed to contradict my – and the conventional wisdom’s – view of the healthcare sector. Broadly, ...

The picture the commentariat presents of Winston Peters is a misleading caricature. If we don’t try to understand the complexity of the man, we cannot understand what is going on in New Zealand ...

Four eighty-year-old books which are still vitally relevant today. Between 1942 and 1945, four refugees from Vienna each published a ground-breaking – seminal – book.* They left their country after ...

Should we pursue a ‘Golden Rule’ where any public borrowing for consumption is temporary? This columnist is a fiscal conservative who is cautious about government borrowing for public consumption. I ...

Does the Autumn 2024 British budget point to a change in fiscal strategies? Many countries found their fiscal position was unsustainable, following the 2008 Global Financial Crash. Their public ...

A major American study suggests they are not? This column is about the white working class. In the US 2024 elections they mainly voted for Donald Trump. Had they voted with the white middle class, ...

A modest attempt to analyse Donald Trump’s tariff policies. Alfred Marshall, whose text book was still in use 40 years after he died wrote ‘every short statement about economics is misleading with the ...

While there have been decades of complaints – from all sides – about the workings of the Resource Management Act (RMA), replacing is proving difficult. The Coalition Government is making another ...

It is said that economists know the price of everything and the value of nothing. That may be an exaggeration but an even better response is to point out economists do know the difference. They did ...