• unrecognizable soldiers with infantry weapons accomplishing military mission near helicopter

    The meaning of independence

    New Zealanders must realise that, in a less benign world, an independent foreign policy cannot mean neutrality. And the Prime Minister delivered that message loud and clear. [...]
  • Even mediocre would be easier to bear: how NZ lost its mojo

    For many years, pollsters Roy Morgan and Curia have been asking New Zealanders whether the country is heading in the right direction. Apart from a few months around the Global Financial Crisis in 2008, large majorities of Kiwis have always responded “Yes”. [...]
  • silver round coins on banknote

    The inflation lesson we failed to learn from

    It is a pity we hardly teach history anymore. Or economics. Let alone economic history. Because if we knew a bit about the past, we might have a better idea of our future. Especially as we are grappling with inflation. [...]
  • brown wooden gavel on brown wooden table

    The jury is out

    I still believe in trial by jury.  But not in the efficiency of our justice system. [...]
  • No amount of virtue signalling and cultural appropriation can be a substitute for good policy-making. [...]
  • Māori are not responsible for a central bank that has lost its way. [...]
  • man s black blazer and brown traditional hat
    The moderate increases in the European Central Bank’s interest rates are far from being brutal but the writing is on the wall that Europe’s monetary party is about to end, and Southern Europe has remarkable parallels to Mexico and Latin America in the 1980s. [...]
  • person putting coin in a piggy bank
    Deregulation, privatisation, lower taxes, free trade, and openness to trade and investment may have fallen out of fashion recently. We need to bring them back into fashion to cope with our many economic challenges. Deregulation, privatisation, lower taxes, free trade, and openness to trade and investment may have fallen out of fashion recently. We need to bring them back into fashion to cope with our many economic challenges. [...]
  • close up photography of water flow
    Three Waters is about everything. It is about the government’s new race-relations agenda. It is about the Ardern Government’s direction for the country. It is about the divide between Wellington and the regions. It may even be a little about water. [...]
  • saint basil s cathedral and spasskaya tower in red square moscow russia
    The strategic implications of Putin’s war against Ukraine keep evolving as the conflict enters its fourth month. As yet another unintended consequence, it has broken the anti-EU axis between Warsaw and Budapest. [...]
  • pile of gold round coins
    Stability is the task for which central banks were established. But by becoming involved in social, indigenous or environmental policy areas, central banks lost sight of it. [...]
  • brown and orange house with outdoor plants
    In Māori mythology, the hero Māui once used a magic jawbone to slow the sun. If New Zealand is to avoid galloping inflation, the RBNZ governor will need to devise some similar trickery soon. [...]
  • wrecked ship
    Reality obviously has not caught up with this Government yet. New Zealand is facing an economic crisis, but the Government is having none of it. [...]
  • soldiers-military-usa-weapons-87772.jpeg
    Of all the developments triggered by Putin’s war, the left's departure from pacifism may be the most surprising one. It will be interesting to see whether only the left in Europe will focus on security in this way. [...]

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