Category Archives: History of Ideas, Methodology, Philosophy

The Taxpayers’ Union At Eleven

How to run a successful pressure group. In 2013 a group of idealists, led by Jordan Williams and David Farrar, established the Taxpayers’ Union. To celebrate its first decade as surely New Zealand’s most successful political pressure group NZTU published The Mission: The Taxpayers Union at 10, ten short interviews (by David Cohen) of people associated…
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Has Labour Abandoned The Welfare State They Created In 1938?

The 2018 Social Security Act suggests that Labour may have retreated to the minimalist (neo-liberal) welfare state which has developed out of the Richardson-Shipley ‘redesign’. One wonders what Michael Joseph Savage, Peter Fraser and Walter Nash would have thought of the Social Security Act passed by the Ardern Labour Government in 2018. Its principles were…
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So Much to Do: Dr Sutch on Poverty and Progress

Commentary on Malcolm McKinnon’s Poverty and Progress in New Zealand: thoughts on WB Sutch’s work in historical and intellectual context. Stout Research Centre, 24 April, 2024 When Bill Sutch was first told by his physician that he had advanced terminal cancer, he responded ‘that can’t possibly be true, I have far too much to do’….
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Our Understandings of Te Tiriti Have Evolved Organically: Why try to stop that evolution?

This is a background to my column ‘Te Tiriti as a Social Contract’. (February 2024) In 1956, historian Ruth Ross presented her investigations of the treaty signed at Waitangi on 6 February 1840 to a seminar concluding, ‘The [Māori and Pakeha] signatories of 1840 were uncertain and divided in their understanding of [Te Tiriti’s] meaning;…
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What the hell happened at Waitangi?

Review in ‘Newsroom’ 9 May, 2023 In 1972, The New Zealand Journal of History published the article “Te Tiriti o Waitangi: Texts and Translations” by Ruth Ross (1920-1982). Its impact continues 50 years later, and is likely to remain significant in another 50 years. It’s one of the most influential pieces of work by a…
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Thinking About Housing Policy

Presentation to U3A Southland series on Housing in NZ, via ZOOM, 17 February, 2023. Throughout my life as a professional economist, I have been challenged by the question of whether goods and services should be provided privately or publicly. I recall in the 1960s, when there were strong calls for nationalisation of many things, the…
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IN OPEN SEAS: PART III: Paddling (1986- )

Brian Easton (Journalist) Interviews Brian Easton (Economist) Part I is IN OPEN SEAS: PART I: On the Seashore: (1943-1970);  Part II is IN OPEN SEAS: Part II: Launched (1970-1986). Part II and Part III were  going to be published as a companion pieces in Asymmetric Information but there have been no issues since August 2021 Why did…
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IN OPEN SEAS: Part II: Launched (1970-1986)

Brian Easton (Journalist) Interviews Brian Easton (Economist) Part I is IN OPEN SEAS: PART I: On the Seashore: (1943-1970) This was going to be published as a companion piece in Asymmetric Information but there have been no issues since August 2021 From Sussex University to Canterbury University? It was very different economics department in 1970…
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Review of Michael Cullen’s Autobiography

New Zealand International Review November/December 2021 Vol 46, No 6 p.26-7. LABOUR SAVING: A Memoir by Michael Cullen (Allen and Unwin, Auckland, 432pp, $50) In the 40 years since Muldoon’s reign, the predominant form of national political leadership has been a dual premiership in which, broadly, the prime minister manages the politics and the co-premier…
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IN OPEN SEAS: Part I: On the Seashore: (1943-1970)

Brian Easton (Journalist) Interviews Brian Easton (Economist) Published in Asymmetric Information, Issue 71 August 2021. You grew up in Christchurch? In Somerfield, in the south of the city, in a state house the family bought. Dad was an electrician who in the middle of his life became a psychopaedic nurse. Mum was a clerical worker…
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IN PRAISE OF THE VIENNESE SCHOOL OF ECONOMICS

The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas: Janek Wasserman (Yale University Press; 2019) Asymmetric Information, Issue No. 70 / April 2021 p.7-8. Mentioning to colleagues that I was reading a book on Austrian economists almost invariably led to strong responses – sometimes positive, more often negative. But, typically, their responses were…
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Some Published Articles on Behavioural Economics by Brian Easton

In the Abstract: Will Most Of Us Have an Impoverished Retirement? (June 6, 1998) Richard Thaler’s Savings Principles (7 January 1999) Two Styles Of Management (1 July 1999)             This reviews             Thaler, R.H. (1992) The Winner’s Curse: Paradoxes and Anomolies of Economic Life, Princeton University Press;             Thaler, R.H. (1994) Quasi Rational Economics, Russell…
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Notes on ‘Rentier Capitalism’

I have been dipping into Brett Christophers’ Rentier Capitalism: Who Owns the Economy and Who Pays for It? Economists should be warned that his use of the term ‘rentier’ is ‘heterodox’ (his term). I have no difficulty with Humpty-Dumpty’s ‘When I use a word, it means just what I choose it to mean – neither…
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Why Don’t We All Live in Australia?

Migration patterns provide further evidence that wellbeing is not simply measured by income. New Zealand’s GDP per person is about 20 percent lower than Australia’s. Some think that the difference arises because our economic policies have been inferior. They then leaps to arguing for new policies based on ideology rather than evidence. Frequently those policies…
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Do We Really Care about the Marginalised?

Social philosophy in New Zealand is muddled and incomplete. This year, 2021, is the fiftieth anniversary of John Rawls’ The Theory of Justice, described as the most important book on political philosophy written in the twentieth century. As you might expect it is a big book (587 pages with a follow-up one of 464 pages)…
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Are We Really Budgeting for Wellbeing?

How Can We Make Wellbeing at the Centre of Public Policy If We Dont Measure It? When the Minister of Finance announced in the 2018 budget that in the future economic policy would focus more on wellbeing, many saw a glimmer of hope that we were moving away from the mechanical thinking which underpinned Rogernomics/neoliberalism….
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ECONOMISTS AT WAR: How a Handful of Economists Helped Win and Lose the World Wars: Alan Bollard

New Zealand International Review, January/February 2021 Vol 46, No 1: p.28-29 (Oxford University Press, Oxford, 2020, 321pp, £20) The outcome of a long war is usually determined by the economic strength of the combatants. But how to present this in a lively and interesting way — battles are so much more engaging? Alan Bollard successfully…
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Good and Faithful Servant: Jas McKenzie 1939-2020

Policy Quarterly Vol 16 No 3 (2020) p.79-80. The earliest assessment of Jas that I recall is that he was ‘New Zealand’s John Stone’, referring to a towering secretary of the Australian Treasury. When I told Jas this, he was appalled because their political views were very different. I explained that the comparison arose because…
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