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…
Meaty, beefy, big and bloaty
One of the reasons why market solutions are superior to centrally planned solutions is that there tends to be a better match between supply and demand when provision is left to the market. Scarcity or abundance, reflected through price change, is a far better and faster signal of shifts in…
My father, age 48
Inflation is ALWAYS Caused by Too Much Money Creation
Pinning New Zealand’s latest inflation figures on overseas factors misses a distinction between a temporary “price shock”, and an increase in “permanent” inflation. New Zealand is experiencing permanent inflation, and it was caused by the Reserve Bank of New Zealand.New Zealand’s inflation rate, back in March, was an annual rate…
Back yourself
Decolonisation of Periods?
From here: https://www.rnz.co.nz/programmes/hair-and-loathing/story/2018813537/culture-colonisation-and-the-short-and-curlies Firstly I heard from Ana Mcallister, she’s a artist writer, Instagram influencer and a body positive wahine Māori -@Nope.thank.you.very.much There has been a lot of mahi around wahine and the decolonisation of their periods. Ana said there isn’t the same focus on this in terms of body-hair but…
Lockdown Opportunity Cost and the Statistical Value of a Life Saved
I’m currently watching an acquaintance doing the Tour of Aotearoa on bicycle (https://vicsefton.wordpress.com/). It’s a four week unsupported cycle from Cape Reinga down to Bluff.I tried it last year, but got into mechanical difficulties north of Auckland at exactly the time the government decided to put Auckland into lock down…
Marketing, Government Style
Of course, the government could just announce the next step in its Omicron response….But it would much rather announce its intention to announce the next step in its Omicron response, and get two sucks at the media headlining saveloy…
Sign o’ th’ times
All of New Zealand is in “the red zone”.Everyone in Wellington is staying away. Here’s Lambton Quay, Wellington’s “Golden Mile”, at 12:15pm today …Businesses are struggling because economic demand is being strangled by the government locking New Zealand down
RNZCGP Medical Director on COVID Fear
FROM THE HERALD – 16 FEBRUARY 2022Dealing with Covid needs a mindset changeLet’s keep calm, keep healthy and, more importantly, get vaccinated and boosted. In the end we will get there and back to our ‘new normal’.The New Zealand HeraldDr Bryan Betty is medical director at The Royal New Zealand…
Testing, public sector style
So, I’m sitting at the Lower Hutt COVID testing center, waiting to get a test.I’ve been here for over two hours now.The government coordinating this is a complete mess, and waste of time.The reason for the long time delay turned out not to be related to volume: some numpty changed…
Injustice
CONTEXT: I WATCH TOO MUCH TVI’m watching a documentary on Netflix called, “The Tinder Swindler” about a con artist. The antagonist is an evil swine who stole what the documentary maker guesses was approximately $10 million dollars from innocent women whom he met over Tinder.My blood boiled. I can’t imagine…
Follow Vic Sefton on the Tour of Aotearoa
Last year, Victoria Sefton was one of my regular blog readers while I was doing the Tour of Aotearoa. This year, she’s going to be pumping her own peddles and doing the hard kilometers.Follow her travels and support her: https://vicsefton.wordpress.com/home/vic-sefton-tour-aotearoa-blog/Also, every tour rider contributes to a charity. Feel free to…
A divided country
Today, in Wellington, thousands of normal people peacefully protested the government’s COVID-19 policies.The protest, reported by RNZ as having approximately 3000 protestors, was much larger, and filled Lambton Quay for 45 minutes, as the crowd marched to parliament.Unlike previous COVID protests, this march missed the usual kooks and weirdos that…
In trouble with the law
I’m of the firm belief that at some stage (preferably during their youth),everybody needs to get in trouble with the law.It’s only when you butt up against authority do you really know the power and strength of authority and all the things it’s legitimised to do to you.And then, you…
…Yes they do…
From https://www.rnz.co.nz/news/national/457811/regions-hit-hard-as-rents-increase-nationallyArdern ‘determined to see a change in housing’ “No one wants to see our housing market crash,” Prime Minister Ardern said at the post-Cabinet meeting press briefing this afternoon.
Vaccine passports and Locke’s Treaties on Government
Here’s a little something from the Swedish newspaper, Svenska Dagblatdet, translated into English by the fine app PressReader.I’ve included it in my blog because I haven’t seen or heard debate in mainstream New Zealand media that questions our incoming vaccine passports.New Zealand commentary couches a resistance to passports as “fringe”…
5 strategies to avert identity politics – Guide for New Zealand
From The Strait Times paper, out of Singapore The Straits Times 24 Nov 2021 Linette Lai Political Correspondent linettel@sph.com.sg As Singapore turns the tide in its fight against Covid-19, it must not allow the differences that have emerged during the pandemic to become permanent divides that affect its politics, said…
Making a more responsive primary care health sector
It was with a lot of sadness I read on the Weekend Herald on 13 November 2021, about a grieving daughter whose father died a painful death at home 12 days after contracting Covid-19. The father had tried to get medical help but was told from the sources advocated by…
Totally over mask wearing
I’m so doubley-dosed with vaccine.Why do I need to wear a mask?I’m totally sick and tired of all of the government’s COVID-19 rules, and I’m over labour’s nanny state.The worst thought is there’s another two years worth of her hell before I can cast my vote to throw out the…