UBI experiment success

A newly published report in the United States on a two year UBI trial shows remarkable results. Is such a trial possible in New Zealand?

The failure of TOP’s Youth UBI policy

Safety nets should be for all people and the best way to ensure that is to design them for social need not as economic tools. Despite Gareth Morgan’s assertion that policy is everything, The Opportunities Party has managed to create a youth policy that is discriminatory.

Gareth Morgan’s Big Kahuna

Gareth Morgan and Susan Guthrie’s piece in the Herald brilliantly elucidates the crisis of capitalism and the inadequacy of an economic system that only recognises value in work that produces market goods and services. Their book, The Big Kahuna, on their alternative tax system has just been published and I found these videos of Morgan explaining.

The new economy: tax & redistribution

The other week we talked about what a new economic order should look like, following the neoliberal experiment’s resoundingly failure. Sustainability and fairness need to be at the heart of the system. Government acts on the economy through law, taxation and income redistribution, and as market player. Let’s start with tax and redistribution.

Selling assets to finance current account deficit = good?

I’m generally a fan of Gareth Morgan, but boy his facts are wrong in yesterday’s Herald, leading  him to really bad conclusions. Basically, Morgan argues that we have to let foreigners buy our assets because we use that money to buy more imports than we export, which we won’t be able to do if we block asset sales. Why is that a bad thing?

Book review of the insane

Robinsod is no longer here to do the book reviews of Wishart‘s latest insights into the world of the paranoid. As he said […]