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Displaying: 33 - 64 of 2128 items.
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Article: It's about ownership, not assets
24 November 2011, Bryce Wilkinson
National and Labour are to be commended in this election campaign for proposing to sell shares in SOEs and to raise the age of entitlement for New Zealand Superannuation respectively. Both proposals have a clear national interest rationale, but took political courage.
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Perspectives: Issue 506 Ignorance Exploited
22 November 2011, Walter E Williams
Many Wall Street occupiers are echoing the Communist Party USA's call to "Save the nation! Tax corporations! Tax the rich!" There are other Americans, on both the left and the right -- for example, President Barack Obama and House Speaker John Boehner -- who call for reductions in corporate taxes.
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E-Connect: The Perils of Price Control
21 November 2011, Richard A Epstein
With the United States currently facing a drug supply shortage, Richard A Epstein analyses the threat price controls have on the pharmaceutical market. Professor Epstein, a longstanding Business Roundtable friend, author and visiting lecturer and regarded as one of the most influential law and economics scholars of our times, examines how over-protective government forces are driving drug suppliers out, discusses the damaging effects price controls are having over supplier profit margins and considers how government intervention through regulatory standards are causing a shortage in the market supply for drugs.
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Perspectives: Issue 505 The Euro Crisis: Doubting the ‘Domino’ Effect
17 November 2011, Edward P Lazear
It seems everyone is worried that problems in Europe will derail our fragile recovery. For this reason, markets breathed a sigh of relief when the Europeans came up with a plan to provide yet another reprieve to Greece. The main worry, now somewhat eased, was that a Greek default would spread to countries like Italy, Spain and Portugal.
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Perspectives: Issue 504 A Slow-Growth America Can’t Lead the World
16 November 2011, John B Taylor
At the most recent meeting a year ago in Seoul, the G-20 rejected the president's pleas for a deficit-increasing Keynesian stimulus and instead urged credible budget-deficit reduction and a return to sound fiscal policy. And on that trip he had to defend the activist monetary policy of the Federal Reserve against widespread criticism that its easy money was damaging to emerging-market countries, causing volatile capital flows and inflationary pressures.
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Media Release: Bryce Wilkinson Appointed Acting Executive Director
15 November 2011, New Zealand Business Roundtable
New Zealand Business Roundtable chairman Roger Partridge announced today that economist Dr Bryce Wilkinson has been appointed acting executive director of the Business Roundtable.
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Media Release: Draft Auckland Plan Bound to Fail
11 November 2011, New Zealand Business Roundtable
The Auckland Council's draft Auckland Plan fails to focus the Council on succeeding in its core task of providing local public goods efficiently and at least cost, according to a submission on the draft plan released today by the New Zealand Business Roundtable.
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Perspectives: Issue 503 Bailouts for Me, but Not for Thee
11 November 2011, Matt Welch
About one week before the Occupy Wall Street protests really started taking off nationwide, long-time consumer crusader and third-party perennial Ralph Nader enthused to reporter Michael Tracey that Rep. Ron Paul and the movement he spearheads represent a “foundational convergence” with the progressive left.
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Article: Tribute to Roger Kerr
11 November 2011, Janet Albrechtsen
Many people have good intentions. Some fall for the fatal conceit that good intentions are all that count. Far fewer are able to couple good intentions with positive results. Roger Kerr, who died on October 28 in Wellington, was one of the few who did both. Most people won't know that Kerr played a critical role in turning around the economic fortunes of New Zealand in the 1980s, which is why this largely unknown man ought to be saluted.
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Submission: Submission on the Draft Auckland Plan
10 November 2011, New Zealand Business Roundtable
A submission by the New Zealand Business Roundtable on the Auckland Council's Draft Plan.
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Perspectives: Issue 502 The Shortsighted Keynesians
9 November 2011, Richard A Epstein
Last week, I participated in a debate about the Obama jobs plan. The debate, sponsored by Intelligence Squared, was on the topic, “Congress Should Pass the Obama Jobs Plan—Piece by Piece.” This was one debate in which the home-court advantage of my being a faculty member of NYU Law School served Mitchell and me naught. New York City was true to its liberal image.
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Article: Roger Kerr RIP
8 November 2011, Mary Kissel
The Reagan revolution wasn't an isolated movement, but one that was echoed from the shores of Britain to as far away as the Antipodes. One of the great stalwarts of that free-market agenda, Roger Kerr, passed away last month in Wellington, New Zealand, at the age of 66. He will be missed.
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Perspectives: Issue 501 Obama: Campaigning Like It's 1936
7 November 2011, Merrill Matthews
While Republican presidential candidates are looking forward by proposing variations of a flat income tax, President Barack Obama’s tax-the-rich campaign strategy is looking backward—to Franklin Roosevelt’s 1936 reelection campaign. FDR won his reelection, but the American people lost.
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Article: Controller and Auditor-Generals Report Misses the Point
4 November 2011, Bryce Wilkinson
The rushed Crown Retail Deposit Scheme introduced by the previous government at the onset of the 2008 general election campaign has cost taxpayers about $2 billion to date of which about $0.9 billion may yet be recovered according to a report this month by the Controller and Auditor General.
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E-Connect: Who Killed Horatio Alger?
4 November 2011, Luigi Zingales
Alger’s novels are frequently misunderstood as mere rags-to-riches tales. In fact, they recount their protagonists’ journeys from rags to respectability, celebrating American capitalism and suggesting that the American dream is within everyone’s reach. The novels were idealized, of course.
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Perspectives: Issue 500 Four Nations, Four Lessons
2 November 2011, N Gregory Mankiw
AS the economy languishes, politicians and pundits are debating what to do next. When we look around the world, it’s hard to find positive role models. But as we search for answers, it is useful to keep in mind those fates that we would like to avoid.
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Article: Roger Kerr 1945-2011: An Appreciation
31 October 2011, Richard A Epstein
Earlier this morning I received a simple email from Catherine Isaac that “Roger passed away peacefully at home last night surrounded by his family.” That brief email came as no surprise, because her previous communications had indicated that all treatment options had been exhausted. But for me that short message marks the sad end of an era in my personal life.
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Perspectives: Issue 499 Google’s Eric Schmidt Expounds on His Senate Testimony
30 October 2011, Lillian Cunningham
A week after Google Chairman Eric Schmidt reflects on his first time testifying before Congress, what Washington understands and doesn’t understand about regulating technology, and where the connections and disconnects are between the Hill and the Valley.
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Perspectives: Issue 498 Wall Street and Its Protesters Are Both Addicted to Government Handouts
27 October 2011, Rachel Marsden
If President Obama and Congress decided tomorrow to end American military action worldwide, create a government-funded health care system and rightfully stop bailing out Wall Street banks, would you really be satisfied? Would that solve all your problems? I doubt it.
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Media Release: More Decisive Action Needed on the Economy and Government Accounts
26 October 2011, New Zealand Business Roundtable
“The Pre-Election Economic and Fiscal Update confirms the need for more decisive action both on the economy and the government accounts”, Roger Kerr, executive director of the New Zealand Business Roundtable, said today.
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Article: Anyone for Another Vote?
21 October 2011, Roger Kerr
New Zealanders don't get to vote very often about parliamentary matters. On 26 November we get to vote in the general election and on the future of MMP. We can be thankful that we live in a country with such firmly rooted democratic freedoms.
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Perspectives: Issue 497 A Little Inflation Can Be a Dangerous Thing
21 October 2011, Paul Volcker
We are now beginning to hear murmurings about the possible invigorating effects of “just a little inflation.” Perhaps 4 or 5 percent a year would be just the thing to deal with the overhang of debt and encourage the “animal spirits” of business, or so the argument goes.
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Perspectives: Issue 496 'Stop Whining'?
19 October 2011, Thomas Sowell
If there was ever any doubt that the Democrats take the black vote for granted, that doubt should have been put to rest when Barack Obama told the Congressional Black Caucus, "Stop whining!"
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Perspectives: Issue 495 Stimulus Has Been a Washington Job Killer
14 October 2011, John F Coogan
Temporary, targeted tax reductions and increases in government spending are not good economics. They have repeatedly failed to increase economic growth on a sustainable basis. What may come as a surprise is that such policies are not good politics either. Their inability to deliver promised economic benefits has invariably led disappointed voters to turn against those politicians, Democratic and Republican, who have supported them.
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Article: Political Shortcomings of MMP
14 October 2011, Roger Kerr
I would care less about the adverse economic consequences of our mixed member proportional (MMP) voting system, which were outlined in my last article, if they reflected the genuine democratic preferences of New Zealanders. They are unlikely to do so, however, because of the constitutional and political weaknesses of MMP.
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Perspectives: Issue 494 There Will Be Oil
12 October 2011, Daniel Yergin
Since the beginning of the 21st century, a fear has come to pervade the prospects for oil, fueling anxieties about the stability of global energy supplies. It has been stoked by rising prices and growing demand, especially as the people of China and other emerging economies have taken to the road. This specter goes by the name of "peak oil."
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Perspectives: Issue 493 Two Different Worlds: Part 2
10 October 2011, Thomas Sowell
A few weeks ago, I had what seemed to me a small medical problem, so I phoned my primary physician. However, after we discussed the problem, he directed me to a specialist. No more than 5 hours elapsed between my seeing the first specialist and the time when I was on an operating table.
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Article: Does Workfare Work?
7 October 2011, Roger Kerr
Work-for-the-dole or ‘workfare’ schemes frequently appear on the menu of measures considered by welfare reformers. Indeed the Welfare Working Group proposed one in its final report, currently being considered by the government as part of its election manifesto. Do such schemes work, and what are they intended to achieve?
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Perspectives: Issue 492 Two Different Worlds
5 October 2011, Thomas Sowell
Ideological clashes over particular laws, policies and programs often go far deeper. Those with opposing views of what is desirable for the future also tend to differ equally sharply as to what the reality of the present is. In other words, they envision two very different worlds.
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Perspectives: Issue 491 The Obama-Buffett Siren Call
3 October 2011, Richard A Epstein
Mr. Buffett and the president are not alone in their determined inability to understand how economic systems work. In the past several weeks, I have been peppered with pointed criticism insisting that any concern with the effect of marginal rates of taxation on high-income earners is overwrought.
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Article: Judgment Day for MMP
30 September 2011, Roger Kerr
The importance of the referendum for the future prosperity of the country arguably dwarfs the outcome of the general election. The referendum will be held when the risks to global prosperity are the gravest since the Great Depression.
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Perspectives: Issue 490 End the Fed's Dual Mandate and Focus on Prices
30 September 2011, John B Taylor
Some worry that a single focus on the goal of price stability would lead to more unemployment. But history shows just the opposite. A single mandate wouldn't stop the Fed from providing liquidity, or serving as lender of last resort, or reducing the interest rate in a financial crisis or a recession. But it would make it more difficult for the Fed to engage in the kinds of discretionary actions that frequently have resulted in higher unemployment.
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