Next time you visit a politician’s Facebook profile or Twitter account, do not be fooled that their working days consist mainly of kissing babies, cutting ribbons or speaking in Parliament. Who knows, they might have gone on a holiday around Cambodia instead. […]
Land regulations are a cost and concern to New Zealand businesses, and they are probably a factor affecting the cost of living through land prices and competition effects. […]
If you are a gold bug, and if you think the majority of the Swiss are too, you might want to consider adding some of the yellow stuff to your portfolio. But be careful – even in Switzerland, referenda can result in surprises, and not every opinion poll that glitters is gold. […]
We need a local government finance system that rewards councils that go for growth and punishes those that inhibit development. Our current rates system achieves the opposite – and that is what is wrong with rates. […]
The current local government finance system might in fact incentivise a council against development. Extra residential or business development typically costs councils money as they have to provide additional infrastructure and services to make it happen. Meanwhile, the benefits for councils are at best indirect and at worst non-existent. […]
The eurozone has long been stuck in an economic cul-de-sac. The longer the malaise drags on, the more one gets the impression that it is in a political dead end, too. You cannot find reasonable policies anymore if this is how they are discussed. […]
Okay, so economists disagree on complex questions. That’s bad enough. But what’s even worse about economic literacy is the fact that ordinary people do not even know basic economic facts. […]
As recent economic data shows, the German economy is dramatically slowing. Exports experienced their biggest fall for five years, growth forecasts for the next year have been downgraded by research institutes. It is quite possible that the country is already in recession. These are not just cyclical developments. A much bigger swing is on the way, which will end all talk about the economic powerhouse in the heart of Europe. […]
Unless there is some intrinsic value in government officials, central bankers and their advisors talking to each other, there is precious little that our global economic diplomacy has to show for. At least one should not expect any concrete outcomes, or even growth creating outcomes from such meetings. […]
Two countries, two successful internet entrepreneurs, two clashes with government. Last week we witnessed an epic Twitter battle between Trade Me founder Sam Morgan and Economic Development Minister Steven Joyce over the usefulness of research grants. Meanwhile, founder of Thawte Consulting and the Ubuntu Linux OS, Mark Shuttleworth, won a long legal fight against the South African Reserve Bank. […]
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