Category Archives: Political Economy & History

Venturing out Of Narrow Seas Ii

Stout Research Centre Research Roundup: 26 October 2011 (A previous version of this paper is at http://www.eastonbh.ac.nz/?p=1504) Keywords: Political Economy & History; Today I want to talk about my current project: writing a history of New Zealand from an economics perspective – it has the tentative title Not in Narrow Seas. Economics is not much…
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An Ethical Economy?

Poverty in New Zealand, St Peters on Willis , Wellington, 17 October, 2011. (This followed a presentation by Stephanie McIntyre, the director of the Downtown Community Ministry.) Keywords: History of Ideas, Methodology & Philosophy; Political Economy & History; I want to begin by saying I have an enormous respect for Stephanie McIntyre, the team she…
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Five Great Stagnations

Paper to Treasury Seminar: 26 July, 2011. Keywords: Growth & Innovation; Macroeconomics & Money; Political Economy & History; Introduction I am writing a history of New Zealand from an economic perspective. Thankyou for the opportunity to present some of its material; it may have a contemporary relevance. I want particularly to thank John Whitehead, who…
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Great Days in New Zealand Borrowing

The Reserve Bank’s cobbled measures got us through the 2008 crisis Listener: 23 July, 2011. Keywords: Globalisation & Trade; Political Economy & History; 1878: While Julius Vogel was on a ship to London, the City Bank of Glasgow crashed. The London money market – the financial centre of the world – plunged. Although we were…
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The Political Economy Of the Consumer Price Index

A Research Gathering: Viewing New Zealand’s Social, Economic and Political History Through the Eyes of the CPI; 15 July, 2010 Keywords: Political Economy & History; Statistics; My task today is to convey that the Consumer Price Index (CPI) occurs in an economic, political and social context. That does not mean that the statistic lacks authority,…
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Indian Listener Columns

Keywords: Growth & Innovation; History of Ideas, Methodology & Philosophy; Political Economy & History; The Asia New Zealand Foundation kindly made a grant to enable me to visit India. Here are the columns I wrote: A CLASH OF TITANS (22 January, 2011) http://www.eastonbh.ac.nz/?p=1416 GOD’S OTHER COUNTRY (19 February, 2011) http://www.eastonbh.ac.nz/?p=1435 INDIA’S UNMET DOMESTIC DEVELOPMENT NEEDS…
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Amartya Sen and India’s Future

India is a country of the past, but it is also a country of the future. Listener: 25 June, 2011. Keywords: Growth & Innovation; History of Ideas, Methodology & Philosophy; Political Economy & History; Many New Zealanders find India mysterious, for we don’t have much to do with it – unfortunately it is just out…
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India’s Unmet Domestic Development Needs

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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God’s Other Country

The Keralan remittance and tourist economy is rather like many Pacific Island ones. Listener: 19 February, 2011 Keywords: Political Economy & History; The huge South Asian peninsula has a larger population than Europe and about six times the population density. Both have suffered a high degree of political fragmentation. Even under the British Raj, a…
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Imbalances in a Small Open Economy: New Zealand and the Great Depression

Paper to the 2011 Asia-Pacific Economic and Business History Conference,  San Francisco, February 2011. (Revised March 2011)[1] Keywords: Macroeconomics & Money; Political Economy & History; The International Context There is a considerable – and partly contested – historiography of the interpretation of the events which surrounded the worldwide Great Depression. It is usually said to…
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The Foundations Of Social Welfare in New Zealand

Paper to a Student Group from Carleton University, 10 February 2011. Keywords: History of Ideas, Methodology & Philosophy; Political Economy & History; Social Policy; Europeans were greatly puzzled by the American debate over President Obama’s health reforms, for almost everyone there assumes the public sector should actively promote universal health care. Clearly that is not…
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The Party Is over

The Great Gatsby recognises the essential role of the economy in human experience. Listener: 8 January 2011 Keywords: Business & Finance; Literature and Culture; Political Economy & History; On occasions, Auckland has outbreaks of Great Gatsby parties. This name alludes to the classic F Scott Fitzgerald novel, narrated by Nick Carraway who lives on New…
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Growth and Recessions Of Economic Output: 1861-1939

This is an appendix for ‘Not in Narrow Seas: New Zealand History from an Economic Perspective’, a book I am writing. It is published here so that people can access the technical material. The data is available on request. Keywords: Macroeconomics & Money; Political Economy & History; Statistics; Over the last sixty years we have…
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Waiting for Roger

We should be so Lucky. Listener: 25 December, 2010. Keywords: Literature and Culture; Political Economy & History; A country road. A tree. Evening. JOHN: Charming spot. Inspiring prospects. Let’s go. BILL: We can’t. JOHN: Why not? BILL: We’re waiting for economic growth. JOHN: (despairingly). Ah! (Pause.) You’re sure it was these policies? BILL: Which? JOHN:…
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