Monthly Archives: December 2017

The future has more rights than the present: real interest rates, domestic savings and tax policy

  New Zealand has long been in relative economic decline.  It suffers from stagnating productivity and a weak tradeable sector. It is a relatively low wage economy. Understanding our persistently high real interest rates provides insights into these problems[1], and … Continue reading

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Frontier IT businesses, and how things may play out

Never in modern history has there been such equality across the world.  However, inequality has grown within developed countries, bringing tensions with it. Aggregate US productivity has grown more than 250% since the early 1970s, yet hourly wages have stagnated.  … Continue reading

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