So the NZ Herald knows the "full, inside story" about the Pfizer negotiations, does it?
Today the Herald jumped to the government's defense by running an article with the headline, "The Full, Inside Story of NZ's Vaccine...
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rmacculloch
- Oct 29, 2021
- 1 min
Covid Modeling Forecast Accuracy: An Update
Stuff News ran an article back in March with the headline, "Economic forecasting's spectacular Covid failure". It stated that, "Amid...
rmacculloch
- Oct 28, 2021
- 4 min
The For-Profit Education Debate
I wrote an article for the NBR on for-profit education businesses last week. You can read it either here, https://www.nbr.co.nz/node/2318...
rmacculloch
- Oct 26, 2021
- 1 min
Down To Earth Strikes Again on QE
In a blog post in August 2020, we raised concerns about the Reserve Bank's Quantitative Easing (QE) Program, which it had just begun to...
rmacculloch
- Oct 22, 2021
- 1 min
What a blooper by the Finance Minister
Grant Robertson's 2021 Budget Speech, delivered just a few months ago, contained the following line, telling the workers of NZ how...
rmacculloch
- Oct 22, 2021
- 1 min
Price rises are coming to a supermarket near you
The Times in the UK reports that, "The boss of one of the world’s largest consumer goods companies has warned shoppers they face a “once...
rmacculloch
- Oct 21, 2021
- 1 min
Why our Health-care system isn't coping: an "inside", "behind-the-scenes", story.
The newspapers are reporting today how our health-care system could easily become quickly overwhelmed should virus cases soar. In...
rmacculloch
- Oct 20, 2021
- 1 min
National may gain (some) traction on "rules" and Labour lose (some) traction on excess "discretion"
Back in September we wrote a blog on the "rules vs discretion" policy debate. Proponents of rules-based approaches argue they are...
rmacculloch
- Oct 20, 2021
- 2 min
Did the RBNZ's Deputy Governor just make a mistake? Will his White Heron turn into a Black Swan?
In a recent rambling speech given on 21 September, the Deputy Governor of the RBNZ suggested that only small increments in the OCR were...
rmacculloch
- Oct 19, 2021
- 2 min
How can a Blog (and Sharon) make better inflation forecasts than 250 RBNZ staffers?
Yesterday inflation rose to a little under 5%, a ten year high. We've long been forecasting sharply increasing inflation & interest...
rmacculloch
- Oct 18, 2021
- 1 min
ACT Promotes a Down To Earth Policy
Back in April of this year, we predicted on this Blog that vaccine hesitancy may become a significant issue for NZ in the ensuing months....
rmacculloch
- Oct 18, 2021
- 2 min
Was this year's Economics Nobel Prize a Mistake?
The minimum wage debate has been highly controversial in this country, like many others. Especially since our Labour government hiked the...
rmacculloch
- Oct 17, 2021
- 2 min
The PM said Medical Experts helped us through Covid. So why aren't they wanted on the Health Board?
It has been announced that Rob Campbell has been appointed as Chair of Health NZ to help chart the future of our health system. He's a...
rmacculloch
- Oct 15, 2021
- 1 min
What's the Top Priority on Climate Change? Not what NZ's Green Party would have you believe it is.
An old acquaintance of mine in the UK, Paul Klemperer, who is the world's leading auction theorist, and was the principal designer of...
rmacculloch
- Oct 13, 2021
- 1 min
Our Populist Central Bank
One of the primary features of "populism" is a distaste of elites, which often includes academics and intellectuals. On that note, the...
rmacculloch
- Oct 8, 2021
- 2 min
Whilst Wellington's vaccine steam-ship wasn't even smoking, it was warp-speed elsewhere
Normally we wouldn't dwell on an issue like our sluggish vaccine roll-out. But it's an ongoing story since our government has gone to...
rmacculloch
- Oct 7, 2021
- 1 min
So the Kiwi government doesn't want new vaccines developed to fight new virus variants?
Whilst our nation has bet its future on the Pfizer vaccine to help us move forward with our lives, the PM just delivered a speech at the...
rmacculloch
- Oct 6, 2021
- 2 min
Is the RBNZ about to spark a financial crisis?
Today inflation hit a near ten year high and is forecast to go higher still, to above 4%. As a result, the Reserve Bank of NZ hiked the...
rmacculloch
- Oct 5, 2021
- 2 min
A Man who Lost an Empire. A Woman who Lost a Nation?
The slide down our "lock-down" levels has led to a most extraordinary & unexpected comparison with the demise of the Soviet Union. Before...
rmacculloch
- Oct 1, 2021
- 2 min
Newsroom refutes the 2019 Nobel Prize in Economics!?
Newsroom, a media outlet that lists as its "partners" the likes of Bell Gully, Universities of Auckland, Otago and Victoria, is running a...
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