Listener: April 26, 2011 Keywords: Macroeconomics & Money; ‘We object so strongly to having our own incomes further reduced by taxation that we think the incomes of pensioners should be reduced instead … In times of depression it is necessary to curtail the community’s consumption of many goods and services. Already people with large or…
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Listener: April 16, 2011 Keywords: Political Economy & History; In 1947, newly independent India embarked on a strategy of economic self-sufficiency in which domestic industry was protected from external competition behind high barriers. That reflected the fashion of the times, but also that Indian industry had had a pretty rough deal under colonial rule. It…
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Sunday Star Times: 3 April, 2011. Keywords: Macroeconomics & Money; The government may come to regret its decision not to impose an earthquake levy on taxable income. It says the public is not interested. That is not the sense I have. New Zealanders are dismayed by the devastation in Christchurch. There is a widespread desire…
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Listener: April 2, 2011 Keywords: Macroeconomics & Money; As the nation comes together in its response to the Christ church earthquake, the activities of opportunists are particularly detestable. Most obvious were the few looters taking advantage of people’s unprotected homes. But the worst case of opportunism may be in economic policy, when it is claimed…
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