Pity the poor smoker

Thursday May 17, 2018 Mark Cox
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On 14 May 2018, Statistics New Zealand published an interesting analysis of how inflation has affected different parts of the population. The analysis was based on Household Living-Costs Price Indexes (HLPIs) and it covered 13 different household groups, comprising: Maori; beneficiaries; superannuitants; households in five income quintiles; and households in five expenditure quintiles.

Why nations fail

Monday May 14, 2018 Julian Williams

Drawing in part from, we ask why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine?

O wad some Pow'r the giftie gie us …

Thursday October 05, 2017 Mark Cox
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So said Robert Burns, Scotland’s most famous literary figure, reflecting on seeing a louse on a lady’s bonnet during a church service. Roughly translated, Burns was saying how good it would be if we could view ourselves objectively.

Understanding Debt

Monday July 24, 2017 Dr Ganesh Nana

It is with considerable disappointment that New Zealand and many New Zealanders – with political and economic commentators amongst the worst – continue to misunderstand debt and, in particular, New Zealand’s debt situation.

Why do we trade?

Wednesday February 08, 2017 Konrad Hurren

The first article in this series briefly explored who trades, noting that it is individual people and firms who trade, not nations. This article continues my description of trade from a fundamental perspective by exploring why individual people and firms trade.

Benefits from trade – a fundamental perspective

Friday December 02, 2016 Konrad Hurren

The United States has elected Trump, Britain has Brexited with talks of exiting from the Common Market, and an agreement between the EU and Canada looks shaky. Clouds gather on the world of free trade as people express concern over international trade and nationalist sentiment rises.

Property Report: The Auckland enigma

Monday March 07, 2016 Nadine Bowen

Dr Ganesh Nana, chief economist and executive director at Business and Economic Research Limited (BERL), says the gap between Auckland and New Zealand prices is unlikely to be closing anytime soon.

Memo to deflation deniers

Wednesday February 24, 2016 Dr Ganesh Nana

To those inflation hawks that believe inflation continues to lurk in the dark shadows, please peruse the follow charts noting in particular …

Latest IMF outlook - "Legacies, Clouds, Uncertainties"

Monday October 13, 2014 Mark Cox

Although the news has been less dominated during the past 12 months, or so, with talk of the global financial crisis and its aftermath, the IMF is still deeply concerned with the state of the world economy. Hence, the quotation above, which is the somewhat gloomy sub-title of the organisation’s World Economic Outlook, October 2014.