Brian Easton

Cutting ‘wasteful’ public spending will not be easy. 
Listener: 28 June, 2008. 
Keywords: Macroeconomics & Money; Regulation & Taxation; 
The other side of taxation is government spending. Reducing tax levels means government outlays have to be reduced too, if not immediately then eventually when the borrowing is repaid. 
So when someone says, “We should cut taxes,” they are also [...]

Aftershocks from the liquidity earthquake. 
Listener: 14 June, 2008. 
Keywords: Macroeconomics & Money; Regulation & Taxation; 
It is usually assumed that light-handed regulation works where there is a competitive market, with backing legislation, such as the Commerce Act and the Fair Trading Act, and a judicial process that vigorously enforces the law. (A decade ago, when it was [...]