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When comedy meets ignorance

The prospect of a new Taika Waititi movie is usually a reason for joyful anticipation. However, watching the trailer of Jojo Rabbit and reading the first reviews left me appalled. [...]

Speak your mind

We need less nice and more candour. It is pointless holding conferences where delegates censor their own presentations without being told to. [...]

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. In rugby and in capitalism, the purpose is to win. [...]

The Unreserved Bank

The RBNZ needs urgent clarification that the Monetary Policy Committee will only pursue monetary goals, even under conditions of quantitative easing. [...]

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. [...]

Tear Down That Euro

There is one difference between a classic tragedy and Mody’s EuroTragedy. Usually tragedies do not come in nine acts, but do end with some sort of catharsis. That solution ideally also would offer some moral cleansing. In Mody’s EuroTragedy, there can be no such end point. [...]

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. But for millions of Europeans, that may soon be reality. We can only hope that even after the RBNZ’s next cut, New Zealanders will not contemplate going into the topsy-turvy world the Germans are about to enter. [...]