Category Archives: Uncategorized

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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An economic strategy for New Zealand

New Zealand has many conditions in place to support increased per capita income and living standards.  These include inclusive, high-integrity government, quality institutions, macroeconomic stability and microeconomic flexibility. However, productivity is stagnating.  We are struggling to address rising superannuation and … Continue reading

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Russian, Chinese and American economic narratives

Some convince with numbers, most with stories.  When stories turn into national narratives, history is made. Narratives turn complexity into simplicity, and give identity and purpose.  Individuals can be conflated into a nation state akin to a single person: “China … Continue reading

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Kinship, modernism and Donald Trump

Kinship, modernism and Donald Trump Kinship-based societies are based around extended family relationships.  They transmit learning and beliefs vertically, from elders to children.  They may limit women’s rights, and have larger families.  These societies meet kin obligations, yet may permit … Continue reading

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How innovation can fulfil our future

By Peter Winsley, 15 February 2017 Malaise[i] in developed countries can be countered through productivity growth.  This creates wealth for those working productively, and for social transfers and expanded services.  However, people want meaningful work and empowered lives, not compensatory … Continue reading

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What caused the mess we are in, and how do we get out of it?

By Peter Winsley 16 January, 2017 Inequality, social malaise, and identity-based extremism result from productivity trends, technological change, globalisation, and business models.  These sit within tax, labour market, competition, trade, intellectual property and other policy settings that governments can change.  … Continue reading

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