Austerity vs. stimulus
The UK and USA make for interesting case studies in their differing responses to the global recession. A pity that NZ followed the wrong leader.
Keynes
The austerity death trap
In response to tough economic times, Government austerity programmes do more harm than good. It’s a pretty simple equation based on the debt / GDP ratio. With an election coming up soon, NZ needs to look for economic competence and a willingness to try new ideas, rather than muddling along deeper into the austerity death trap.
Keynes and Hayek rap
In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century go […]