Category Archives: Political Economy & History

Wine and Cheese

This was a think-piece which underpins the Listener column of December 11, 2010.. Keywords: Growth & Innovation; Political Economy & History; This note is a chain of reasoning, rather than an essay or chapter with a conclusion. Although it may shed light on some contemporary issues discussed in the final paragraphs, the paper arose out…
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Finest Cheddar, Made Better

Cheese as a metaphor for the New Zealand economy. Listener: 11 December, 2010. Keywords: Growth & Innovation; Political Economy & History; Our first cheese was probably made shortly after Samuel Marsden brought cows to New Zealand. For most of the 19th century, cheese was made on farms for local supply. Before export refrigeration, which began…
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Thinking About China (index)

This series of “Listener” columns were an occasional series that arose out of a trip funded by the 2009 NZIER-NBR Economist of the Year Award. Keywords: Globalisation & Trade; Political Economy & History; Engaging China: http://www.eastonbh.ac.nz/?p=1220 (26 June 2010) Will China Rule the World? http://www.eastonbh.ac.nz/?p=1247 (24 July, 2010) China or Bust: http://www.eastonbh.ac.nz/?p=1257 (7 August, 2010)…
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Riceonomics

Lessons in how to use an economic surplus. Listener: 2 October, 2010. Keywords: Globalisation & Trade; Political Economy & History; More than one tourist has asked how much it cost to build Beijing’s Forbidden City, a complex of 980 surviving buildings covering three-quarters of a hectare. Better to ignore the monetary cost and think about…
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Reserve Bank to the Rescue

The crew worked extremely hard to keep the good ship New Zealand afloat. Listener: 18 September, 2010. Keywords: Governance; Macroeconomics & Money; Political Economy & History; When Alan Bollard transferred from the position of secretary of the Treasury to that of the governor of the Reserve Bank, a good friend announced it was “more pay…
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China or Bust

Spectacular Growth May Be Masking Unstable Foundations. Listener, 7 August, 2010. Keywords: Globalisation & Trade; Political Economy & History; The question was asked aggressively, and came from the Australian-Chinese businessman as we sat down for lunch: “Is there a bubble?” I avoided a direct answer; I had only briefly visited China, but I knew what…
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New Zealand’s Great Banking Crisis

This is a draft extract from a chapter of “Not in Narrow Seas: A History of New Zealand from an economic perspective”. It has been circulated and hence is put here on the website. Keywords: Macroeconomics & Money; Political Economy & History; New Zealand’s greatest banking crisis came at the end of the Long Depression….
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Mr Valiant-for-the-truth: Hugh Price: 1929-2009

This obituary was published in Foreign Control Watchdog 124 (August 2010) p.64-66. It is is based on Defender of the Vulnerable: Tributes to Hugh Price 1929-2009 (Steele Roberts, 2010), and complements Murray Horton’s obituary in the May 2010 issue which focused on the CAFCA and SIS dimensions of Hugh’s life. Keywords: Political Economy & History;…
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The Origins Of Arbitration

Prelude to Arbitration in Three Movements: Ulster, South Australia, New Zealand: 1890-1894 by W. J. Gardner (2009) 174pp. (Available from W. J. Gardner, Box 5634, Papanui, Christchurch 8542, $NZ30) Published in Labour History Project, Newsletter 49 July 2010, p.25-27. Keywords: Labour Studies; Political Economy & History; The Industrial Conciliation and Arbitration Act, passed in 1894,…
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Some Blog Comments

SOME BLOG COMMENTS The Dim-Post blog, extracted a section from Does the Government Know What it is Doing? (http://www.eastonbh.ac.nz/?p=1217).   There was a vigorous and – usually intelligent –  commentary, to which I – quite out of character – responded. Here are my replies. The full blog is at http://dimpost.wordpress.com/2010/07/16/does-the-government-know-what-its-doing/ Keywords: Macroeconomics & Money; Political Economy…
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Does the Government Know What It Is Doing?

Spirited Conversations, 23 June, 2010, Nelson. Keywords: Political Economy & History; Being Able to Predict Government Policy The topic initially suggested for tonight’s Spirited Conversations was to talk about the 2010 budget. I knew that this event would be two months later, by which time things would have moved on. So I chose instead ‘Does…
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The Changing Balance Of World Power

Note to a foreign policy meeting under Chatham House rules, 21 June, 2010. Keywords: Globalisation & Trade; Political Economy & History; The central thesis of my paper is that the balance of world economic power is changing dramatically. The shift reflects the world economy shifting back to the pattern of the eighteenth century and earlier…
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Growth and Depressions in New Zealand’s Economic History

Asia-Pacific Economics and Business History Conference, 17-19 February 2010. Keywords: Political Economy & History; Introduction I originally said I would recycle the paper It’s the Same this Time? which I gave in November 2008 shortly after it became evident to everyone that the world economy was about to enter a severe recession – if it…
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Te Ara: Economic History

From the section ‘The Economy and the City’ released February 2010. Keywords: Political Economy & History; Te Ara is New Zealand’s On-line Encyclopaedia. The primary author of its section on  New Zealand’s economic history ( http://www.teara.govt.nz/en/economic-history ) was Brian Easton. < For other of his contributions The Economy: http://www.teara.govt.nz/en/economy Income and Wealth Distributions: http://www.teara.govt.nz/en/income-and-wealth-distribution