Better Explanations Are A Waste Of Time

NZIER economist Shamubeel Eaqub interacts with the public at large over at Interest.co.nz, discussing house prices in Auckland amongst other things. The comments devolve into anti-economist derp, without any discussion of the actual topic at…

Why Inequality Is On The Agenda

In brief response to Paul Walker’s post “But why does inequality matter?” : Inequality is on the agenda because the media are writing about it The media are writing about it because envy is as…

Macro-Prudential Decision Framework

From the latest Reserve Bank Bulletin. There are many subjective assessments of the factual situation at hand in this diagram. I think 2013 marked the beginning of the end for inflation targeting in New Zealand….