The Economics of War (Will Pres. Putin run out of cash?)
My great grand-father was born in Odessa, Ukraine, in 1873, before fleeing to NZ, so the conflict has a personal interest. Whilst living...
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rmacculloch
- Feb 25, 2022
- 1 min
Kiwi Covid Case Numbers per Capita now amongst the highest in the whole world
Who would've thought it? Today over 12,000 cases of Covid in NZ? That's around 2,400 per million of our population. And numbers have been...
rmacculloch
- Feb 25, 2022
- 1 min
Don't Mess with the (Bankrupt) West
The Herald has reported on PM Ardern's shirt-fronting of President Putin over Ukraine. She's "called in the Russian ambassador to send a...
rmacculloch
- Feb 24, 2022
- 1 min
It's official: the virus "will" go, the Ukraine dispute "will" end & oil prices "will" fall by 2023.
As part of its Official Cash Rate announcement yesterday, the Reserve Bank released a statement headed "More Tightening Needed", which...
rmacculloch
- Feb 22, 2022
- 1 min
The high cost of living in NZ will be Grant Robertson's legacy
Finance Minister Robertson today confirmed a reshuffle of the Reserve Bank's Monetary Policy Committee. There was a galaxy of local...
rmacculloch
- Feb 22, 2022
- 4 min
Pandemic Economics in the Kiwi Context
Here's my NBR article today, https://www.nbr.co.nz/node/233210. At present it is their number one most popular read! Whilst many of the...
rmacculloch
- Feb 21, 2022
- 4 min
Don't Buy the Baloney on Unemployment Insurance
Below is my Opinion Piece in the NZ Herald today - there's a lot of misinformation being peddled about Unemployment Insurance at present...
rmacculloch
- Feb 19, 2022
- 2 min
The government's anti-private sector ideology has officially become a public health hazard
The news this past week featured the Auckland Grammar School headmaster, Tim O'Connor, who has said it's ridiculous that the school's...
rmacculloch
- Feb 18, 2022
- 2 min
What do the RBNZ and Facebook have in common? Rebranding, relaunching.
The Reserve Bank is undergoing a "transformation" and not unlike Meta (the new name for Facebook) the spin-artists have been at work....
rmacculloch
- Feb 17, 2022
- 1 min
Kiwi hospitality in 2022 and the Spanish Flu in 1918
The news is being dominated by the huge hit that the Auckland hospitality industry is taking from the virus, especially in the Central...
rmacculloch
- Feb 16, 2022
- 1 min
How the RBNZ misjudged the situation in 2020-21
Much attention has recently been given to NZ's high inflation rate, which now lies around 6%. Our Central Bank never saw it coming. How...
rmacculloch
- Feb 14, 2022
- 1 min
The NZ Treasury wants to hire economists who've never studied economics (!?)
The Wellington economics fraternity has been taken aback by a job advertisement placed by the NZ Treasury as part of its international...
rmacculloch
- Feb 9, 2022
- 2 min
The Nats show "Initiative" on Economics
If you look closely at what new National Party Leader Chris Luxon has been saying, many of his lines on policies appear to bear an...
rmacculloch
- Feb 7, 2022
- 2 min
My country's better than yours on Covid!? The 'health experts' attempts to rank us are plain wrong.
Newshub ran as their leading headline yesterday, "Epidemiologist Rod Jackson says New Zealand's Omicron response is set to be 'better...
rmacculloch
- Feb 7, 2022
- 2 min
Has Labour Overseen NZ's biggest-ever privatization of the health system?
Here's a story to wind up ardent Labour supporters. Several years ago I wrote an article that ended up in NZ Economic Papers on...
rmacculloch
- Feb 3, 2022
- 2 min
National Party Leader Chris Luxon's First Mistake which will return to haunt him
The last few days have featured prominent news headlines about Finance Minister Grant Robertson's proposals to introduce an Unemployment...
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