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WILL THE BUDGET BE FAIR?

Listener: April 26, 2011
Keywords: Macroeconomics & Money;
‘We object so strongly to having our own incomes further reduced by taxation that we think the incomes of pensioners should be reduced instead … In times of depression it is necessary to curtail the community’s consumption of many goods and services. Already people with large or moderate incomes [...]

26th April 2011 | Comments Closed

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 was a similar [...]

16th April 2011 | Comments Closed

JOLT COST MUST BE SHARED

Sunday Star Times: 3 April, 2011.
Keywords: Macroeconomics & Money;
The government may come to regret its decision not to impose an earthquake levy on taxable income. It says the public is not interested. That is not the sense I have.
New Zealanders are dismayed by the devastation in Christchurch. There is a widespread desire that its costs [...]

3rd April 2011 | Comments Closed

CONSENSUS REBUILDING

Listener: April 2, 2011
Keywords: Macroeconomics & Money;
As the nation comes together in its response to the Christ church earthquake, the activities of opportunists are particularly detestable. Most obvious were the few looters taking advantage of people’s unprotected homes. But the worst case of opportunism may be in economic policy, when it is claimed that certain [...]

2nd April 2011 | Comments Closed