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SHOCK VALUE

From manic muddle to melancholic mess. 
 
Listener: 23 August, 2008. 
 
Keywords: Macroeconomics & Money;  
 
Suppose a volcano erupted in Auckland, a tsunami drowned the Bay of Plenty, a major earthquake shook Wellington, or foot-and-mouth disease broke out in the South Island. Would you expect the Reserve Bank to tighten its monetary stance (raise interest rates) to deal [...]

23rd August 2008 | Comments Closed

GROWTH V DISTRIBUTION

What the electoral economic debate is really about.
 
Listener: 9 August 2008.
 
Keywords: Distributional Economics; Growth & Innovation;
 
Although the rhetoric of economic debate is about accelerating economic growth, the reality of politics is mainly about redistributing income.
 
Merrill Lynch told the Australian insurance industry it would make a $200 million profit if ACC was privatised. PricewaterhouseCoopers said there [...]

16th August 2008 | Comments Closed