Introduction: The focus of this paper is on macroeconomic management and not on the entirety of economic policy. There are many issues which macroeconomic interventions cannot address. To use macroeconomic instruments, rather than the relevant targeted instrument, will blunt the effectiveness of macropolicy interventions. Reflecting, this paper is really a critique of the current primary…
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An edited extract from Brian Easton’s new book ‘Not in Narrow Seas: The Economic History of Aotearoa New Zealand’.
Bob Scott Lecture Series on Inequality, 25 June 2019. (See also Have We Abandoned the Egalitarian Society?) What I want to do this evening is examine egalitarianism. In particular, New Zealand is a less egalitarian society today than it was when I was growing up in the 1950s. Why? How? The structure of the paper…
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Presentation to the Wellington Statistics Group, 10 December, 2018 This year’s Child Poverty Reduction Act (CPRA) marks a major innovation in social policy. Politicians – here and overseas – have promised to eliminate child poverty at some date in the future. They never have and by the time the target date is reached the promisers…
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Note that some of the original submission proved redundant. For ease of presentation they have been removed. An explanation of what happened is set out here. (I have not changed the numbering.) Introduction My name is Brian Easton. I have a doctorate of science from the University of Canterbury and hold other qualifications in economics,…
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Paper to the Fabian Society, 12 October, 2016 While we continue to chew over the carcass of the Fourth Labour Government – the Lange-Douglas one – we pay little attention to the subsequent Fifth Labour Government. Yet the Clark-Cullen one is greatly shaping the current Labour Opposition and the current National Government. It will,…
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The increase of the share of those on top incomes has not been caused by market forces but is the result of their more favourable taxation regimes they have experienced since the early 1990s. Policy Quarterly has just published papers from a symposium on distributional inequality held last June. There are really interesting papers by Geoff…
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The OECD says yes; how do we respond? Pundit: 15 December, 2014. Keywords: Distributional Economics; Growth & Innovation; A recently released OECD report concludes that economic inequality hurts economic growth, and has particularly done so for New Zealand. Some of our responses were plain bizarre. Either the non-economic commentators had not understood the issue or…
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Sloppy analysis is dividing us into the deserving and undeserving Pundit: 3 November, 2014. Keywords: Distributional Economics; Social Policy; Being no expert on domestic violence, I looked at the Glenn inquiry’s The People’s Report to see what it had to say about causes. I had expected a summary of the research literature…
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Thomas Piketty says economic inequality has been getting greater in the world, and will get greater. What about New Zealand? Pundit: 28 October, 2014 Keywords: Distributional Economics; History of Ideas, Methodology & Philosophy; Paul Krugman has said “Thomas Piketty has transformed our economic discourse; we’ll never talk about wealth and inequality the…
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Symposium on Inequality: Causes and Consequences June 19, 2014 Keywords: Distributional Economics; Statistics; Introduction The purpose of this paper is to present some data on top market incomes in New Zealand. It updates an earlier paper by one year to 2011/2 and extends the estimates it back to 1936/7 . The background to…
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nequality, poverty, and prospects for a better life A Spirited Conversation: 28 May, 2014, Nelson Keywords: Distributional Economics; Regulation & Taxation; Social Policy; I want to begin by talking about Stacey who was a 14 year old Aucklander I met a couple of years ago when I was working on a…
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This was not published: 22 May, 2014. Keywords: Distributional Economics; Political Economy & History; Thomas Picketty’s book Capital in the Twenty-First Century ‘has transformed our economic discourse; we’ll never talk about wealth and inequality the same way we used to’. So said Paul Krugman explicitly and ever so many other eminent economists implicitly…
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Chips with Everything It is a fallacy to claim the poor just need financial advice to improve their lot. Listener: 10 April, 2014. Keywords: Distributional Economics; Social Policy; I was working on a standard-of-living case and was shown figures prepared by an approved budget advisory service for Meg and her daughter Stacey…
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Statistical errors aren’t unusual – so it’s important to measure their effects. Listener: 13th March, 2014 Keywords: Distributional Economics; Statistics; There was a bit of flapdoodle recently when the Treasury and Statistics New Zealand owned up to having made an error in some household income statistics, which had a knock-on effect on…
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Listener: 8 February, 2014. Keywords: Distributional Economics; Social Policy; I hope Brian Easton (Economy, January 25) is right that child poverty is at last accepted by the conventional wisdom. He made an early contribution to the debate. However, I fundamentally disagree with him that there has been a lack of quality research….
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On 7 February 2014 I spoke to Kathryn Ryan on “Nine to noon” about the income distribution. Keywords: Distributional Economics; Social Policy; The 13′ 32″ interview is at http://www.radionz.co.nz/national/programmes/ninetonoon/audio/2584904/brian-easton,-economist
Why it has taken so long for child poverty to become part of the conventional wisdom. Listener: 16th January, 2014 Keywords: Distributional Economics; History of Ideas, Methodology & Philosophy; Social Policy; Corso, the Council of Organisations for Relief Services Overseas, decided in 1979 that it was wrong to ignore poverty in New…
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Extracted from the full report published in The New Zealand Journal of Sociology, Vol 28, Issue 3, 2013, pages 9-66. (http://www.eastonbh.ac.nz/2013/12/economic-inequality-in-new-zealand-a-users-guide-summary/) Keywords: Distributional Economics; Statistics; Key Messages Section 1: Why is Economic Inequality Important? 1. The section identifies four main issues as to why inequality may be important – equity –…
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Published in The New Zealand Journal of Sociology , Vol 28, Issue 3, 2013, pages 9-66. http://ndhadeliver.natlib.govt.nz/delivery/DeliveryManagerServlet?dps_pid=IE18625730&dps_custom_att_1=ilsdb Keywords: Distributional Economics; Statistics; “When inequality is the common law of a society, the greatest inequalities do not call attention to themselves.” Democracy in America, A. de Tocqueville. B. Perry (2103) Household Incomes in New Zealand: Trends…
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