Christchurch has had an earthquake, and this has lead to the discussion of a couple of policy issues. Lets discuss. RBNZ will likely cut the OCR. However, I can see them waiting till their meeting – so they can fully explain what is going on. The reason this matters is: They will want to cut […]
During this undeniably tragic time I’ve noticed a little fallacy flying around again – that the latest quake will at least be good for the economy. This is of course, not the case. Not only does the recent earthquake have massive social costs, but even if we force ourselves to ignore all the pain inflicted […]
I see I see, Fonterra and supermarkets have decided to freeze the price of milk. Now if that is what they want to do, I’m sure they have good reason. However, lets all remember one thing: if Fonterra decides to sell milk in NZ more cheaply than it does overseas it is taking a litre […]
Given that Alan Bollard felt compelled to get out his crystal ball when it comes to discussing the next year, I feel like I should get hold of my tarot cards to see what the year ahead holds. As I have said previously, the general justification for tarot card reading is the same as for […]
There have been claims by the Labour party that rising departures from NZ are the fault of the National party, and that the increase during their tenure was due to the global financial crisis (GFC). Now this is a little bit untrue in terms of the way it is framed, I’ll just quickly point that […]
This morning on my painfully slow jog to walk I saw a car get mad at a cyclist that they nearly bowled down. This is all very typical of Thorndon Quay, but it did get me thinking. The car turned sharply towards a parking space, actually turning a bit far, and only just avoided crashing […]