Dr Oliver Hartwich

times are changing, and in few places are they changing as rapidly as in New Zealand. Something radically different is emerging in New Zealand’s legal system. [...]

To make the Eurozone more stable, it would be desirable to have stricter and enforceable rules. But because it is so unstable, no such rules can ever be introduced. [...]

The challenge for the current generation of politicians is to have the courage to admit just how bad our education system has become. And then they need to have the courage to discard what is wrong and start again. [...]

Never in the past two decades has the RBNZ deviated so much from where it should have set its OCR. The difference is so enormous, it calls into question the RBNZ’s professional judgement. [...]

Urban economists have explained why cities are important. They have also told us how to make them work better. Now we just need politicians, bureaucrats and city planners to listen to them. [...]

Yes, “harder years, tough years” are coming for Germany. But they could be all the harder because the country’s leadership still is not ready to acknowledge its past failures or to apply the lessons to its future policy settings. [...]

In the past two years, New Zealand’s cities have lost population while the country as a whole has grown. [...]

There are two reasons why Ardern’s half-decade seems much longer. First, it was a time packed with events. And second, Ardern has left her mark on New Zealand. [...]

Truss has shown the world how not to do policy. And that remains her only political achievement. [...]

In trying to become a 21st-century Margaret Thatcher, Truss has introduced Thatcherite policies in reverse. She may have sealed the fate of her premiership before it has even begun. [...]