New Zealand's resource management system is broken. Many attempts have been made over the past three decades to fix it. Read more
Every two or three years, the Ministry of Education and the teachers’ unions engage in the spectacle of ritual combat known as collective bargaining. In 2025, the Public Service Commissioner took over from the Ministry in the arena. Read more
Being a practical scheme whereby New Zealand's retirees may personally contribute to the fiscal sustainability they currently enjoy Superannuation reform is politically impossible, so let us not bother. Instead, let us fix the problem the way we have been fixing it anyway, just more honestly. Read more
Friction, at least as a metaphor for real-world inconveniences and minor hassles in doing things, is usually viewed as a bad thing. Something best done away with, if possible. Read more
There is an old joke about a man who visits his doctor complaining of fatigue. The doctor prescribes a course of vitamins and tells him to come back in a month. Read more
Campaign slogans used to sell the future. In 1960, John F. Read more
It’s hard to compete with free. Who wants to pay for something if you can get it for nothing? Read more
The Strait of Hormuz is closed. Flights through the Middle East have been cancelled. Read more
Academic freedom has become a major concern at universities across the English-speaking world in recent years. Speakers have been disinvited, papers retracted, and academics disciplined or even dismissed for things they have said or positions they have taken. Read more
Christopher Nolan’s adaptation of The Odyssey is expected to be a big hit this winter. Closer to home, Kiwis may want to discover another perilous journey: that of at least 80,000 foreign neighbours, through cumbersome bureaucracy, to reach these shores across the wine-dark Tasman Sea. Read more
Brent crude hit $112 a barrel last Friday. Goldman Sachs says it could reach $147 if the Strait of Hormuz stays closed; the futures market predicts it will be $86 in six months. Read more
I was born in West Germany in 1975. Yes, it was still West Germany then. Read more
Peter Smith asks a fair question. In Trump and the Paradox of American Power, I wrote that I had long favoured taking out Iran’s nuclear facilities – but not like this. Read more
KiwiSaver has $110 billion in assets and over three million members. Contribution rates rise from April. Read more
Recently, during a select committee hearing on an infrastructure funding amendment bill, an MP asked for examples of infrastructure financed without government borrowing. “Sure,” our chief economist Eric Crampton replied. Read more
