Insights
Speak your mind
We need less nice and more candour.
Month: August 2019
National Business Review
The purpose of business is profit
Just as we should not change the basic rules of rugby lest we destroy the game itself, we should not change the basic principle of the market, either.
Speeches
How to establish localism in New Zealand
Speech at the Building Nations Symposium 2019 on how to establish localism in New Zealand.
Newsroom
The next Euro crisis could be made in Germany
At the beginning of the century, The Economist famously called Germany the “sick man of Europe”.
Insights
The Unreserved Bank
The RBNZ needs urgent clarification that the Monetary Policy Committee will only pursue monetary goals, even under conditions of quantitative easing.
Research reports
The Unreserved Bank of New Zealand
As the Reserve Bank takes on fiscal functions, its political neutrality and commitment to monetary stability, as well as maximum sustainable employment, need to be re-emphasised.
Insights
The open society needs open minds
Let us celebrate the relative civility of our domestic politics and defend robust and constructive debates.
Other publications
Tear Down That Euro
There is one difference between a classic tragedy and Mody’s EuroTragedy.
Newsroom
The weird world of negative interest rates
Unless you have a mortgage or you are the Minister of Finance, it is a world you would not want to inhabit.
Insights
Trans-Tasman monitoring
Given the past and current closeness of Treasury and the Reserve Bank, should not a monitoring agent be more removed from the object it is supervising?