New Zealand’s Next Lorde?

The first thing which struck me is how good Te Pāti Māori’s Hana-Rawhiti Maipi-Clarke voice is! Her’s are not my politics: I’m all for the conversation ACT’s Treaty Principles Bill has started.The modern set of Treaty of Waitangi’s principles have been developed by courts since 1975’s and have been accepted by…

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When was Inflation Beat?

Yeah! Good News! New Zealand’s nailed inflation.Don’t get me wrong – I dislike inflation, and everything about it. I don’t like how sustained persistent inflation is created by the government spending money it doesn’t have and buying up large on both the taxpayer and consumers ticket (inflation is a tax)….

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The Game

I read somewhere that, regardless of the political environment, the top 1-5% of a society will always succeed.They might be the generals in Pakistan, Myanmar or some other dictatorship. Or American Ivy-Leaguers, with their path mapped out by family and familiarity connections. In England, they’re the Ox-bridge or Eton brigade.Regardless…

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Eugenie Sage: Our Most Regressive Politician

Before she, thankfully, stood down from re-election in October, Eugenie Sage from the Greens already ranked highly on my shit-list of worst political decision-makers ever.She was the “brains” behind the outlawing of single use disposable plastic bags. A Really Bad Decision-makerShe wasn’t alone in her left-wing appetitite for using public…

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Working From Home

Lots of the talking heads think that Wellington needs to return to the office for both productivity reasons, and also the good of the inner city.I’m currently at the Bank of New Zealand, and I asked my team why they don’t want to come into the office more. The most…

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Single Issue Voter

ResponsesFirst response in from ACT  Does ACT have a view on the Commission’s opinion around a 50-50 split, and would it seek to implement the Commission’s advice in the elected new parliament?ACT has not formed a position on the 50:50 split as advocated by the Law Commission in 2019. We…

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The Best Stories are Economic

I’m watching These Final Hours. All the best movies are grounded in economics.This wasn’t a Wall Street movie. It wasn’t about money, or greed. It was about economics: choice, constraints, outcomes and uncertainty. It was an apocalypse story based on economics. Wasn’t this an Australian Sci-fi?That’s the thing about sci-fi…

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When a Couple Means Three

From the Bad Supreme Court Decisions file comes this latest missive: Fiona Margaret Mead v Lilach Paul and Brett Paul.A relationship property case starring one guy (Brett) and two women (Fiona and Lilach) all sharing the same bed for 15 years, temporarily swapping in and out other partners, before finally…

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Analysis and Story

There’s a difference between analysis and telling a rollicking good yarn designed to move people.Good analysis draws from the scientific methodology of making falsifiable statements about the world, and testing whether they’re wrong. For example, economics sets up a logical mathematical model as a simplification of the world, and draws…

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Market Structure: Rewarding Political Control and Funding Non-Market Redistribution

Addendum – 23 February 2023: Nobody say “super-normal profits”: https://www.rnz.co.nz/news/business/484767/how-air-new-zealand-went-from-crash-landing-to-stratospheric And still nothing was said about monopoly pricing by the mainstream media. Let’s assume nothing in this world comes for free.If you want something – food / shelter / your hip fixed / your water drinkable – these things are…

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Leadership

I’m currently reading this book:I strongly recommend it.I’m up to Lee Kuan Yew. I wish New Zealand had this type of leadership.Let me quote the good Professor: In Lee’s perception, excellence meant much more than individual performance: the quest for it needed to permeate the entire society. Whether in government service,…

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Low pass rates in trial of NCEA literacy and numeracy tests alarm principals

From here: https://www.rnz.co.nz/news/national/474261/low-pass-rates-in-trial-of-ncea-literacy-and-numeracy-tests-alarm-principalsIn response to concerns that New Zealand school students are leaving school all NCEA qualified, but without having even basic literacy and numeracy skills, the Ministry of Education is rolling out a test.A recent trial of the test found: “some of the schools with poor results had good…

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The Dead Hand of Government in Health

ADDENDUM: PROGRESS ON WAITING LISTS – August 2022As predicted back in May, the expert committee’s action proved ineffective. Former DHBs were told by the Expert Committee they need to book everyone in for surgery (stellar advice!) (https://www.rnz.co.nz/news/national/473303/hospitals-directed-to-book-surgical-slot-for-thousands-of-patients-by-month-s-end)And… Not much else happened: https://www.rnz.co.nz/news/ldr/473204/south-auckland-s-elective-surgery-backlog-up-251-percent-in-yearORIGINAL POSTING FROM MAY:I can’t really say I’m a…

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Reading signs

Always take the opportunity to read signs. Here’s one I found on my travels.It’s a very functional sign, devoid of hyperbola or ceremony. It speaks nothing of the time this road took to make, the amount of labour effort which went into it, nor the loss of whatever it was…

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The Real Land of the Free

Singapore really is, for me, the Land of the Free. It’s big news is they’re just about to repeal Section 377A of the Penal Code which criminalises homosexuality.All good. But the Singaporeans are concerned about the impact of the change on its society and its culture. It’s not worried about…

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Falling health sector productivity

Productivity – how much output is created from a given volume of inputs – is one of economic’s most important metrics. Productivity captures everything about economic development and economic ordinance. Technological change, process change, labour skills improvement and capital improvement are all get captured in a productivity metric.Countries rise and…

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