Category Archives: Political Economy & History

IN OPEN SEAS: How the New Zealand Labour Government Went Wrong: 2017-2023

Brian Easton  Published in 2024 by Kea Point ISBN 978-0-473-72573-0 380 pages The book is rich in analyses of policy directions to progress Aotearoa New Zealand. An account of the policy development of the Ardern-Hipkins New Zealand Labour Government (2017-2023) which focuses on its policies in the context of New Zealand’s longer term economic history,…
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Notes on Governance and Te Tiriti

Notes for a Friend Te Tiriti gave ‘kawanatanga’ (governance) to the Crown but ‘rangatiratanga’ to Iwi (I’ll come to a complication). ‘Sovereignty’ confuses the discussion because it could be either kawanatanga or rangatiratanga – the sovereignty of the state vs the sovereignty of the individual. The governance vision in 1840 was a minimalist state. The…
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What Was the Hīkoi Against the Treaty Principles Bill About?

Some analysis by a social statistician. A note for myself. On 20 November 2024 around 42,000 people crowded in and around Parliament Grounds nominally protesting against the Treaty Principles Bill after a Hīkoi which came from the North Cape and the Far South. What exactly was going on was more than just a protest against…
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The End of Austerianism?

Does the Autumn 2024 British budget point to a change in fiscal strategies? Many countries found their fiscal position was unsustainable, following the 2008 Global Financial Crash.  Their public spending was well in excess of their public revenue and they had to borrow more heavily than lenders thought prudent. Almost unanimously, such countries tried to…
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Our Thousand-Year Struggle Over Technology and Prosperity

Last week’s column mentioned the three 2024 Nobel laureates in economics. The column focused only on the 2012 book Why Nations Fail by Daron Acemoglu and James Robinson with little reference to Simon Johnson, although the three have worked closely together for about 30 years. Johnson published last year, with Acemoglu, a 599-page book: Power and Politics: Our…
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Will Labour’s failure condemn the future, book questions

Neville Gibson Reviews In Open Seas NBR Sun, 29 Sep 2024 Surprisingly, little has been forthcoming from the academic world about where and why the Sixth Labour Government went wrong, except for an analysis of the 2023 election. But whenever there’s an intellectual gap, someone must fill it. Brian Easton, a doyen among economists and…
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New Zealand: A Small Economy in a Wide World

‘Perspectives of Two Island Nations’, Ann-Marie Schleich (ed), Ch 14, pp.185-194. Singapore and New Zealand have much the same population – a bit over five million people. They are both affluent economies. Because of their resource base and location, they have rather different economic structures. Yet the two small economies work together in international fora….
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The Quest for Opportunity

David Seymour describing himself as an ‘old-fashioned lefty’ caused a flurry in the commentariat. The responses were not always informed. One thought he was saying he was a Marxist. In fact it is relatively recent when Marxism became an important strain on New Zealand’s left. Our Communist Party formed only in 1921, after the rise…
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Balancing External Security And The Economy

New Zealand is again having to reconcile conflicting pressures from its military and its trade interests. Should we join Pillar Two of AUKUS and risk compromising our markets in China? For a century after New Zealand was founded in 1840, its external security arrangements and external economics arrangements were aligned. Britain, then the international hegemon,…
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Coalition Of The Unwilling?

What does Budget 2024 tell us about the current government? Muddle on? Coalition governments are not new. About 50 percent of the time since the first MMP election, there has been a minority government, usually with allied parties holding ministerial portfolios outside cabinets. For 10 percent of the time there was a majority government and…
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The Taxpayers’ Union At Eleven

How to run a successful pressure group. In 2013 a group of idealists, led by Jordan Williams and David Farrar, established the Taxpayers’ Union. To celebrate its first decade as surely New Zealand’s most successful political pressure group NZTU published The Mission: The Taxpayers Union at 10, ten short interviews (by David Cohen) of people associated…
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Our Understandings of Te Tiriti Has Evolved Organically.

Why try to stop that evolution? In 1956, historian Ruth Ross presented her investigations of the treaty signed at Waitangi on 6 February 1840 to a seminar concluding, ‘The [Māori and Pakeha] signatories of 1840 were uncertain and divided in their understanding of [Te Tiriti’s] meaning; who can say now what its intentions were? ……
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The Prime Minister’s Biggest Challenge

Luxon has to address the need to maintain and enhance New Zealand’s social cohesion. Dear Christopher Luxon, The greatest challenge you face is that of the nation’s social cohesion (rather than the economy). The problem has been with us ever since Hobson arrived. New Zealand is a diverse society. For over a century we suppressed…
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