The producer is no longer king. Listener: 29 December, 2007. Keywords: Business & Finance; It’s been a long way from the Agricultural Development Council (ADC) of 1963 to last month’s Primary Industries Summit – in both time and head space. The ADC focused on the pastoral sector. In those days, dairy,…
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Current economic debate rarely extends beyond hearsay and uninformed opinion. Listener: 15 December, 2007. Keywords: History of Ideas, Methodology & Philosophy; Political Economy & History; Thirty years ago, a large majority of New Zealand economists argued for greater use of the market to regulate the economy. Prime Minister Rob Muldoon was sympathetic,…
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Chapter 3 of New Zealand, New Welfare, edited by N. Lunt, M. O’Brien & R. Stephens. (Cenage Learning, 2007) Keywords: Globalisation & Trade; Labour Studies; Social Policy; In March 1952, just two men were on the Department of Social Security’s unemployment benefit. The rules of entitlement partly determine the numbers, but those registered…
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Ignore the happy brigade. The forces of recession are already in motion. Listener: 1 December, 2007. Keywords: Macroeconomics & Money; Larry Summers, the best economist ever to have been Secretary of the US Treasury, points out that major international financial crises occur about every three or four years. The last – the…
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