We live in a time of immediate gratification, and at election time, political parties love to pander to what we want, right now. A recent 3 News Reid Research poll...
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Adam Smith explained how the division of labour is limited by the extent of the market. When we have more people with whom to trade, we can all better specialise...
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Once upon a time, when we were hunter-gatherers, life was poor, nasty, brutish and short (to quote Thomas Hobbes). But life was also very simple: Whatever had been hunted or...
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Imagine you are at a speed dating event, circling a room filled with people who, like yourself, are looking for love. The problem is, that besides a clutch of banal...
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It is a fine line between commemorating and glorifying wars. The centenary of World War I is a good opportunity to reflect what this war, and other wars, mean to...
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A few weeks ago, while browsing pianos on TradeMe, I came across a Kawai upright with bids having just passed the reserve price of $4,000. An interested buyer had posted...
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It would have been a stretch for us to relate X-rays or Xylophones to economics. Lucky for the ABCs of economic literacy, Harvey Liebenstein prefixed the word inefficiency with a...
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Dear New Zealand, We need to talk about racism. Because if the term continues to be misused, it will cease to have any proper meaning.   A couple of weeks...
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Economics starts with the assumption that incentives explain the choices of individuals. But would a carrot and stick approach work in parliament, an institution not always prone to making rational...
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  The new merged organisation is the New Zealand Initiative, an independent public policy think tank supported by chief executives of major New Zealand businesses.  Our mission is to help build a better, stronger New Zealand. We are taking the initiative to promote a prosperous, free and fair society with a competitive, open and dynamic economy.     Lorem ipsum dolor sit amet, cons ectetuer adipiscing elit, diam nonummy nibh lorem dolor magna amet.