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Deflation and very low interest rates

By   /  March 17, 2016  /  Keith Rankin, Most Recent Blogs, Setting The Agenda  /  24 Comments

The guardians of monetarism are flummoxed. With almost no evidence, but supreme faith, they believe that there is a direct and (more or less) proportionate relationship between the stock of money and the level of prices.

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Michael Joseph Savage and Universal Welfare Reform

By   /  February 19, 2016  /  Keith Rankin, Most Recent Blogs, Setting The Agenda  /  19 Comments

The capstone achievement of the Savage-led ‘social security’ reform was a genuinely ‘universal’ superannuation that caught the imagination of middle New Zealand; the world’s first explicit demogrant, a ‘universal basic income’ for all older New Zealanders.

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BOOK REVIEW: Te Rangihaeata

By   /  February 12, 2016  /  Keith Rankin, Most Recent Blogs, The Liberal Agenda  /  3 Comments

The central characters in each book represent, for me at least, the ‘most important’ New Zealanders of the nineteenth and twentieth centuries; namely Ngāti Toa chief, Te Rangihaeata, and our most-loved Australian immigrant, Michael Joseph Savage.

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Low Interest Rates, House Prices and Public Finance

By   /  February 5, 2016  /  Keith Rankin, Most Recent Blogs, Setting The Agenda  /  31 Comments

Negative interest rates – as in Europe and Japan – stabilise the debt accumulation process that gave us, for example, the 2008 global financial crisis.

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Through the Cracks

By   /  December 5, 2015  /  Keith Rankin, Most Recent Blogs, Setting The Agenda  /  9 Comments

While the Greek debt crisis was dominating the world news in late June and early July, another equally significant crisis began to unfold, and is now at its second major stage

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Tribal Politics

By   /  November 28, 2015  /  Keith Rankin, Most Recent Blogs, Setting The Agenda  /  41 Comments

My view is that it is the Left tribe in New Zealand that sees the Right tribe as bad, whereas the Right tribe sees the Left tribe as mad. As such I think that the tribal Left can be somewhat more uncompromising, and less likely (than vice versa) to engage constructively with the Right.

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Combative Young Men

By   /  November 21, 2015  /  Keith Rankin, Most Recent Blogs, Setting The Agenda  /  13 Comments

We don’t need sympathy for “terrorists”, but we do need empathy, and we need to know the difference. Empathy is the capacity to imagine any situation from another person’s point of view.

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Whyte Trite

By   /  November 14, 2015  /  Keith Rankin, Most Recent Blogs, Setting The Agenda  /  9 Comments

Every now and again we see former Act leader, Dr Jamie Whyte, popping up on current affairs panels, such as his appearance on The Nation three weeks ago. Whyte is always happy to discuss his ‘classical liberal’ laissez-faire philosophy, and apply it to any issue put to him, be it guns or the PM’s penis.

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Crash Investigation

By   /  November 7, 2015  /  Keith Rankin, Most Recent Blogs, Setting The Agenda  /  3 Comments

Could Flight 9268 have been utu for MH17? And could ISIL be being set-up in the same way that Libya was after Pan Am 103? Or could ISIL have been infiltrated? In fact, one could argue that the CIA and MI6 would be quite deficient organisations if they do not have people acting under cover within ISIL

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New Zealand: Second-Wealthiest Country in the World?

By   /  October 31, 2015  /  Keith Rankin, Most Recent Blogs, Setting The Agenda  /  22 Comments

Money from both miserly New Zealanders and from foreign savers comes into certain parts of New Zealand – especially the property market and banks that feed it – but does not cycle through New Zealand’s economic highways and byways.

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Hope: The Four-way Division of Income

By   /  October 24, 2015  /  Keith Rankin, Most Recent Blogs, Setting The Agenda  /  1 Comment

My most recent chart (New Zealand Income Shares 2013/14, 21 October) in my Chart for this Weekseries on Evening Report shows the four-way division of income in New Zealand for the year ended March 2014. The data is from the National Accounts of New Zealand has been straightened out by revealing the full extent of the public shares.

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The State versus the Public

By   /  October 18, 2015  /  Keith Rankin, Most Recent Blogs, Setting The Agenda  /  6 Comments

Is ‘the state’ becoming a bogey for the political left as well as for the right? And is it a useful concept, or something that means quite different things to different people?

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Universal Basic Income versus Guaranteed Minimum Income

By   /  October 10, 2015  /  Keith Rankin, Most Recent Blogs, Setting The Agenda  /  19 Comments

While I do not claim to be the first person to ever use the term, it was my coining of the name Universal Basic Income in 1991 that led to the worldwide growth of the concept under that particular name.

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Australia’s Ireland – What exactly is New Zealand’s relationship with Australia?

By   /  October 3, 2015  /  Keith Rankin, Most Recent Blogs, Setting The Agenda  /  23 Comments

Australians who happened to be born in New Zealand are being rounded up, locked up in hard-core detention facilities, and marooned. What’s this about? What exactly is New Zealand’s relationship with Australia?

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Green Politics in Future New Zealand

By   /  September 26, 2015  /  Keith Rankin, Most Recent Blogs, Setting The Agenda  /  43 Comments

I sense a renewed commitment by the Green Party to contribute to the governance of New Zealand, and not simply snipe from the sidelines.

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Syrian Refugee Migration and Europe

By   /  September 20, 2015  /  Keith Rankin, Most Recent Blogs, Setting The Agenda  /  11 Comments

The refugee migrants that we see on our TV screens – and the many more that we do not see – want just three things: peace, a source of income, and a community to belong to. For many, only Germany offers all three. It need not be so.

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