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WHAT'S NEW |
19 December 2008, Roger Kerr
If climate change is likely to be insignificant or moderate – and therefore beneficial for New Zealanders for many years – our interests will be different from those in a scenario in which it would be very costly. ...more.
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19 December 2008, John B. Taylor
Modern infrastructure programs require careful planning, have long lead times (including because of the need for environmental approvals) and are, in any event, highly skill and capital intensive. As a result, by the time they come to implementation, the economy is typically picking up and all the programs do is increase any inflationary pressures the recovery creates. ...more.
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18 December 2008, New Zealand Business Roundtable
“Today’s Budget Policy Statement indicates the massive challenges the government is facing as a result of the economic mismanagement of recent years”, Roger Kerr, executive director of the New Zealand Business Roundtable, said today. ...more.
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17 December 2008, John B. Taylor
According to the permanent-income theory of Milton Friedman, or the life-cycle theory of Franco Modigliani, temporary increases in income will not lead to significant increases in consumption. However, if increases are longer-term, as in the case of permanent tax cuts, then consumption is increased, and by a significant amount. ...more.
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16 December 2008, Dan Mitchell
Dan Mitchell of the Cato Institute explains why Keynesian economics has failed throughout history, and why Barack Obama's proposed Keynesian-style stimulus policies will fail to resolve the current financial crisis. Running time 7:29. ...more.
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13 December 2008, Julian Morris
This new report by Prof. Julian Morris presents a stark warning to those ministers contemplating a global cap on greenhouse gas emissions. ...more.
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12 December 2008, Richard A. Epstein
One-size-fits-all is yet another version of a state monopoly that will work no better in education than it does for telephones. No set of public officials, each with a separate private agenda, could hope to hit the curricular nail on the head. But this looming national presence will snuff out the niche entrepreneurs whose curricular innovations could well prove worthy of imitation. ...more.
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11 December 2008, New Zealand Business Roundtable
As the eleven thousand participants in the United Nations Climate Change Conference descend on Poznan, Poland, this week, a coalition of 50 civil society organisations from 38 countries is warning governments against opting for strategies that would “do little to protect humanity against the threat of climate change but would drastically increase the threat of global economic catastrophe.” ...more.
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10 December 2008,
Australia’s economic renewal of the 1980s and ’90s came about in part due to tariff cuts. But they were unilateral. It wasn’t deeper access to foreign markets that drove growth but cheaper, high-quality imports that changed asset allocation and enabled efficiencies through competition. ...more.
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8 December 2008, Kevin Donnelly
The first thing to note about education under the ALP government is that its approach to public policy is highly centralised and bureaucratic—all roads lead to Canberra... since being elected the Rudd–Gillard government has announced a range of policies and initiatives calculated to exert control over state and territory education systems and government and non-government schools. ...more.
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5 December 2008, Roger Kerr
No doubt the new team of ministers is well aware of the quiet education revolution that has taken place in recent years in progressive-thinking countries like Sweden, the Netherlands, Ireland and as close to home as Australia, all of which have introduced varying types of school choice systems. ...more.
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5 December 2008, Greg Mankiw
What would you call a group of economists who are skeptical of regulating mortgage markets, who think unemployment insurance and unions increase unemployment, who say that tax hikes retard economic growth, and who believe that the recovery from the Great Depression was a monetary phenomenon rather than the result of New Deal fiscal policy?
No, it is not a right-wing cabal. It's Team Obama.
...more.
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3 December 2008, Geoff Hogbin
In a speech delivered to the Centre for Independent Studies’ annual conference Consilium in early August, Prime Minister Kevin Rudd took free-market economics to task by claiming that the ideas of one of its leading twentieth-century proponents, Friedrich von Hayek, have been superseded. ‘The solutions to today’s challenges … will come,’ he said, ‘from people willing to challenge the false choices of the old paradigms that our only options are heavy-handed regulation or unrestrained market forces. We simply don’t have to choose between Friedrich von Hayek and Leonid Brezhnev.’ ...more.
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1 December 2008, Roger Kerr
The Business Roundtable pointed out repeatedly that the Labour-led government’s anti-growth policies and focus on income redistribution made its goal of getting New Zealand back into the top half of the OECD income range unachievable. Unfortunately that assessment proved to be correct. ...more.
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28 November 2008, New Zealand Business Roundtable
The New Zealand Business Roundtable, in association with the New Zealand Universities’ Debating Council and the Victoria University of Wellington Debating Society, is pleased to announce that the Grand Final of the New Zealand Business Roundtable Parliamentary Debating Championships will be held at 4.30pm on Sunday 30 November in the Legislative Council Chamber at Parliament. ...more.
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28 November 2008, Local Government Forum
A companion piece to the latest report from the Local Government Forum, Local Government and the Provision of Public Goods. Features articles on infrastructure, property rights and water allocation, and contributions by Don Nicolson, John Pask, Nick Clark and Roger Kerr. ...more.
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27 November 2008, New Zealand Business Roundtable
Local authorities have strayed, at great cost, far beyond their core role of providing certain vital services to their local communities, according to a new report released today by the Local Government Forum. ...more.
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27 November 2008, Local Government Forum
Governments have to distinguish their roles from those of the private sector and prioritise their plans because the demands on them are unlimited, but resources are scarce... There are some tasks that it is vital for governments to perform, and governments need to excel in them. There are a great many more tasks in a community that citizens can better undertake themselves through market transactions and other voluntary arrangements. ...more.
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