The "Depression Election" of 2023: a Comment
The Labour Party plans on fighting a 1930s-style election campaign in 2023, hoping to pull off a Michael J. Savage-style victory. The...
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rmacculloch
- Jun 23, 2022
- 1 min
Labour's Temporary Gas Tax Reduction is Critiqued by famous Harvard Economist Greg Mankiw
The Kiwi government recently reduced gasoline taxes by 25 cents per liter for a period of three months. The author of the best-selling...
rmacculloch
- Jun 23, 2022
- 1 min
A former RBNZ Chief Economist & Deputy Governor slams the Bank's monetary policy.
Former RBNZ Assistant Governor & Chief Economist, John McDermott, who was at the IMF, Yale-trained, Director of Motu & winner of the...
rmacculloch
- Jun 23, 2022
- 1 min
Some Graphs for the 1pm Health Ministry Covid Update?
The Johns Hopkins data on daily new cases and deaths from Covid are striking. Lets compare NZ with the World, since obviously comparing...
rmacculloch
- Jun 22, 2022
- 1 min
Covid-19: was it too early to declare success?
Figure A below shows the cumulative total confirmed cases of Covid since the start of the pandemic in NZ, the US & Europe, adjusted for...
rmacculloch
- Jun 20, 2022
- 1 min
Gotcha! The PM has been caught out on the relation between virus restrictions & economic activity
For two years the PM, Finance Minister and prominent health commentators like Prof. Baker insisted that a strong "public health response"...
rmacculloch
- Jun 16, 2022
- 4 min
The Future of New Zealand’s Infrastructure
This is my monthly column for the National Business Review, out today, accessible here https://www.nbr.co.nz/robert-macculloch-infrastruc...
rmacculloch
- Jun 16, 2022
- 2 min
More Kiwi Media Misreporting on the Economy
The main news headlines by the editors of many of the major outlets, including the Herald & Newshub, run as follows: Omicron slams...
rmacculloch
- Jun 14, 2022
- 1 min
Who's funding Russia's war in Ukraine? The European Union, of course.
The BBC report today: "Russia earned nearly $100 billion from oil & gas exports during the first 100 days of the war in Ukraine,...
rmacculloch
- Jun 13, 2022
- 2 min
The Herald picked up our story of the billion $ bill the Finance Minister & RBNZ have stuck you with
We broke the story first, writing "Are Kiwis paying a $1 billion per annum interest bill - which is set to rise to $2 billion per annum -...
rmacculloch
- Jun 11, 2022
- 2 min
Have the Treasury, RBNZ & Finance Minister made a $2 billion per annum financial blunder?
Are Kiwis paying a $1 billion per annum interest bill - which is set to rise to $2 billion per annum - to the Big Aussie Banks on top of...
rmacculloch
- Jun 10, 2022
- 2 min
An explanation why the Kiwi health-care reforms will end in catastrophe and how to save the system
One of the most respected names in world health economics was Uwe Reinhardt, who worked at Princeton University during my time there at...
rmacculloch
- Jun 9, 2022
- 1 min
Nearly 80% of Auckland City Council staff are not turning up to the office on Fridays.
Ever wondered where your Council rates are going? Now we know. Former National Party Leader, Simon Bridges, writing for the National...
rmacculloch
- Jun 9, 2022
- 1 min
How does monetary policy affect welfare? Estimates based on life evaluation & emotional well-being.
My paper called "How does monetary policy affect welfare? Some new estimates using data on life evaluation and emotional well-being",...
rmacculloch
- Jun 9, 2022
- 2 min
The US Treasury Secretary has apologized for getting inflation "wrong". Will our Finance Minister?
US Treasury Secretary Janet Yellen told CNN last week that she was "wrong" when she said last year that inflation was only temporary and...
rmacculloch
- Jun 7, 2022
- 1 min
Chris Luxon says "I'm not dreaming up a policy to reform welfare". He better start.
The Leader of the National Party has been reported today as saying, "I'm not dreaming up a policy to reform welfare .. It's not about...
rmacculloch
- Jun 4, 2022
- 2 min
A secret about the Reserve Bank's "consultation" on its inflation-employment objectives
This week the RBNZ began its "five yearly review" about its (inflation-employment) remit, saying that it “is seeking feedback to ensure...
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