Monthly Archives: September 2004

Choose a Scenario: How Are We Going to Respond to the Doha Round Gains?

This entry was posted in Globalisation & Trade, Listener, Macroeconomics & Money on by .

Listener: 25 September, 2005. This economics column was designed to be set out in three parallel columns. That is not possible in this format. Instead final two columns are interleaved, to give a sense of the intended juxtaposition. The italics is used to indicate the different scenarios.

Keywords: Globalisation & Trade; Macroeconomics & Money;

It seems possible that the New Zealand economy could eventually have a three percent boost as a result of the Doha Round’s elimination of dumping agricultural products into key New Zealand export markets. About a third will come from higher export prices, and two-thirds from the additional production – on and off the farm.

For Fear Of Allah

This entry was posted in Macroeconomics & Money on by .

The Koran prohibits interest, so how do Muslims borrow and lend
Listener: 11 September 2004.

Keywords: Macroeconomics & Money;

Launching his Christianity Without God, Lloyd Geering asked me when I would write a book about the economy without money. I said that anthropologist Raymond Firth had already done so (The Economics of the New Zealand Maori), but I would one day write a column about an economy without interest. Lloyd’s eyes twinkled. “Islam?” The Koran states, “Have fear of Allah and give up what remains of what is due to you of usury.”