by Brian Easton

Why does it occur, when does it work? 

Allow me to share a puzzle. Public sector outsourcing (a.k.a. ‘contracting out’) has been increasing in recent decades. It is not the same as ‘privatisation’ because the government retains the role as a funder but it outsources the task to a private provider – which may be a corporation or non-government organisation.

Fracking has changed the energy outlook, with major geopolitical implications 

About a decade ago, there was much concern about ‘peak oil’ – that the production of oil would peak and then fall off quickly leaving the world’s transport system stranded. The idea is really an extension of the two hundred year old insight of Thomas Malthus that the demand from an increasing population would exhaust food production with resulting starvation  because land was limited.

Treating the Auckland housing bubble as a supply-side problem doesn’t work; neither does blaming some group without a careful analysis of what is happening. What might work?

There are two separate Auckland housing issues which are only loosely linked. The first, dealt with here briefly, is providing sufficient housing in the region.

Whatever the answer, what are we going to do about it?

Steven Joyce, Minister of Economic Development and most other economic things, was hardly helpful when he dismissed talk of an economic recession on a recent TV3

We need to distinguish the sovereign state from the people it governs, and the other political institutions between. 

Things are moving so fast in the financial negotiations between Greece and the Troika (European Central Bank, European Union, and the International Monetary Fund) that there is little point in my trying to comment on them. But there is a structural issue which most commentaries overlook.

Recent publications suggest that the children who live at the bottom in economies with high inequality have reduced life chances.

The grandfather of modern distributional research is Tony Atkinson, a British economist who began in the 1960s a lifetime career studying the British and world income distributions and other related ones.

The following response to three questions (in italics) was published in a prestigious Uruguayan weekly newspaper Brecha. It may be of interest because I am responding to the Latin American economic debate which is slightly different from the New Zealand one (but only slightly). Sorry for the included material necessary for an audience outside New Zealand. Thankyou. Nicola, for checking the translation from Spanish

1. New Zealand had a downward trend in terms of GDP per capita and fell behind several OECD countries in the last quarter of the 20th century. What are the main factors that explain New Zealand's relative lagging after the 1970s?

Those on the left of politics have a choice between defending their past achievements or taking up the challenges which face us. 

The Democratic Left is in disarray throughout the world. It is mainly out of power (but that has been true for most of its history); when it is in power it looks awfully like the other side (which has not always been true in the past). Its problem is much more than inadequate organisation or inferior leadership; the issue is too endemic.

There appears to be something deeply wrong.

Those on the left of politics have a choice between defending hteir past achievements or taking up the challenges which face us. 

The Democratic Left is in disarray throughout the world. It is mainly out of power (but that has been true for most of its history); when it is in power it looks awfully like the other side (which has not always been true in the past). Its problem is much more than inadequate organisation or inferior leadership; the issue is too endemic. There appears to be something deeply wrong.

Should membership of Kiwisaver be compulsory? Research on how humans behaviour, some of it thirty years old, points in that direction.

The current debate over the future of Kiwisaver is largely bereft of developments in economics over the last thirty or so years. Rather the frame has been an approach to human behaviour which we know does not reflect reality.