Archive

Keith Rankin

Keith Rankin is an economics and statistics lecturer, recently retired from Unitec, Auckland, New Zealand.

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Keith Rankin’s Chart Analysis – Universal Dividends and Universal Superannuation

December 10, 2019

I have written elsewhere (see reference list below) about the important principles that suggest all enfranchised residents should receive a share of public income, and how the realisation of this is essentially a matter of reformed public accounting. Here I just consider two typical New Zealanders of different generations, and two policy options. And no ... <a title="Keith Rankin’s Chart Analysis – Universal Dividends and Universal Superannuation" class="read-more" href="https://eveningreport.nz/2019/12/10/keith-rankins-chart-analysis-universal-dividends-and-universal-superannuation/" aria-label="Read more about Keith Rankin’s Chart Analysis – Universal Dividends and Universal Superannuation">Read more</a>

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Keith Rankin’s Chart Analysis: Division of New Zealand’s $300 billion GDP

November 27, 2019

When the annual national accounts were released by Statistics New Zealand, the $300 billion milestone was released. New Zealand now produces, for sale, goods and services valued at more than $300 billion in one year. Ownership of the gross domestic product (GDP) is called ‘income’. Deciding who, at first cut, owns those goods and services ... <a title="Keith Rankin’s Chart Analysis: Division of New Zealand’s $300 billion GDP" class="read-more" href="https://eveningreport.nz/2019/11/27/keith-rankins-chart-analysis-division-of-new-zealands-300-billion-gdp/" aria-label="Read more about Keith Rankin’s Chart Analysis: Division of New Zealand’s $300 billion GDP">Read more</a>

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Keith Rankin’s Chart Analysis: Financial Signatures of Four Countries

October 30, 2019

Chart Analysis by Keith Rankin. Most countries’ economies have financial signatures that reflect their cultures and histories. We may, in a binary sense, call these surplus and deficit signatures. But there are a number of important nuances. For these four developed countries, Germany and Japan would be classed as having ‘surplus’ economies, while New Zealand ... <a title="Keith Rankin’s Chart Analysis: Financial Signatures of Four Countries" class="read-more" href="https://eveningreport.nz/2019/10/30/keith-rankins-chart-analysis-financial-signatures-of-four-countries/" aria-label="Read more about Keith Rankin’s Chart Analysis: Financial Signatures of Four Countries">Read more</a>

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Keith Rankin’s Chart Analysis – Auckland’s Population and the 2018 New Zealand Census

September 24, 2019

Last month I noted that Māori voter growth in Auckland (Tāmaki Makaurau) was slower than in all the other Māori electoral districts, and that this almost certainly reflected very low Māori population growth in Auckland. I also argued that Pakeha as well as Māori were leaving (or not arriving in) Auckland in larger numbers than ... <a title="Keith Rankin’s Chart Analysis – Auckland’s Population and the 2018 New Zealand Census" class="read-more" href="https://eveningreport.nz/2019/09/24/keith-rankins-chart-analysis-aucklands-population-and-the-2018-new-zealand-census/" aria-label="Read more about Keith Rankin’s Chart Analysis – Auckland’s Population and the 2018 New Zealand Census">Read more</a>

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Keith Rankin’s Chart of the Month – Auckland and New Zealand’s Population Dynamics

August 22, 2019

Analysis by Keith Rankin. The 2018 census has had such a low compliance rate, that it really acted as a large convenience sample (therefore a biased sample) of the New Zealand population. (See my Census Survey from March 2018.) Despite the assurances we are getting, many researchers will have little confidence in its population tallies ... <a title="Keith Rankin’s Chart of the Month – Auckland and New Zealand’s Population Dynamics" class="read-more" href="https://eveningreport.nz/2019/08/22/keith-rankins-chat-of-the-month-auckland-and-new-zealands-population-dynamics/" aria-label="Read more about Keith Rankin’s Chart of the Month – Auckland and New Zealand’s Population Dynamics">Read more</a>

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Keith Rankin’s Chart Analysis: G7 Rates of Interest, Inflation and Unemployment

July 30, 2019

Interest rates, though headline‑rousing when it comes to mortgages, are an arcane and deeply mysterious component of economic life. The received wisdom is that they represent the ‘time‑value of money’, and therefore should always be positive. Low interest rates are supposed to indicate a high willingness to postpone consumer pleasures. Interest income is also understood ... <a title="Keith Rankin’s Chart Analysis: G7 Rates of Interest, Inflation and Unemployment" class="read-more" href="https://eveningreport.nz/2019/07/30/keith-rankins-chart-analysis-g7-rates-of-interest-inflation-and-unemployment/" aria-label="Read more about Keith Rankin’s Chart Analysis: G7 Rates of Interest, Inflation and Unemployment">Read more</a>

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Keith Rankin’s Chart of the Month – First-Past-the-Post in Action: Ontario 2018

June 26, 2019

I was in Ontario for a week in May. The premier of Ontario is Doug Ford, leader of the ‘Progressive Conservative’ party; brother of the late (and somewhat notorious) Mayor of Toronto, Rob Ford. Ford is indeed the leading rightwing personality in Canadian politics. The chart shows what we in New Zealand would call the ... <a title="Keith Rankin’s Chart of the Month – First-Past-the-Post in Action: Ontario 2018" class="read-more" href="https://eveningreport.nz/2019/06/26/keith-rankins-chart-of-the-month-first-past-the-post-in-action-ontario-2018/" aria-label="Read more about Keith Rankin’s Chart of the Month – First-Past-the-Post in Action: Ontario 2018">Read more</a>

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Keith Rankin’s Chart of the Month: Fiscal Balances Compared – Public Deficits offset Private Surpluses

April 15, 2019

Analysis by Keith Rankin New Zealand has a ‘fiscal responsibility’ clause in its Public Finance Act; a clause that began its life in 1994 as the Fiscal Responsibility Act. As a result, New Zealand has an effective ‘Balanced Budget policy’. A similar policy has been adopted this decade by the European Union (EU). Balanced Budget ... <a title="Keith Rankin’s Chart of the Month: Fiscal Balances Compared – Public Deficits offset Private Surpluses" class="read-more" href="https://eveningreport.nz/2019/04/15/keith-rankins-chart-of-the-month-fiscal-balances-compared-public-deficits-offset-private-surpluses/" aria-label="Read more about Keith Rankin’s Chart of the Month: Fiscal Balances Compared – Public Deficits offset Private Surpluses">Read more</a>

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Keith Rankin’s Chart for the Month – Productivity Contradictions

March 27, 2019

Analysis by Keith Rankin As the public (and many economists) see it, economic growth (growth of Real GDP; marketed economic output) is the principal economic goal of a nation state. Some economists hold a (slightly) more nuanced view – for them it is productivity growth that matters – but when pressed they cannot conceive of ... <a title="Keith Rankin’s Chart for the Month – Productivity Contradictions" class="read-more" href="https://eveningreport.nz/2019/03/27/keith-rankins-chart-for-the-month-productivity-contradictions/" aria-label="Read more about Keith Rankin’s Chart for the Month – Productivity Contradictions">Read more</a>

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Keith Rankin’s Chart Analysis – Improving New Zealand’s Immigration Statistics

February 26, 2019

Keith Rankin, 26 February 2019 Until late 2018, New Zealand’s immigration statistics have been woefully inadequate. While it has always been possible to keep taps on the total number of people in the country – through births, deaths, and net international passenger movements – ‘official’ net immigration numbers have long been calculated by stated intentions ... <a title="Keith Rankin’s Chart Analysis – Improving New Zealand’s Immigration Statistics" class="read-more" href="https://eveningreport.nz/2019/02/26/keith-rankins-chart-analysis-improving-new-zealands-immigration-statistics/" aria-label="Read more about Keith Rankin’s Chart Analysis – Improving New Zealand’s Immigration Statistics">Read more</a>

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Keith Rankin’s Chart of the Month – The Unsurprising Problem of the Poor

January 29, 2019

Analysis by Keith Rankin. While our traditional economic indicators all seem positive and on target, it is nevertheless clear to almost everyone that something is very wrong with the economic health of New Zealand and other liberal-capitalist economies. Far too many people – especially young people – are poor. Many are trapped in their poverty. ... <a title="Keith Rankin’s Chart of the Month – The Unsurprising Problem of the Poor" class="read-more" href="https://eveningreport.nz/2019/01/29/keith-rankins-chart-of-the-month-the-unsurprising-problem-of-the-poor/" aria-label="Read more about Keith Rankin’s Chart of the Month – The Unsurprising Problem of the Poor">Read more</a>

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Keith Rankin’s Chart for this Month: Crisis Postponed

December 10, 2018

By Keith Rankin There will almost certainly be another major financial crisis, just like there will be another big earthquake (or, as the Australians would instead say, another big bushfire). We can do much to improve our monitoring of systemic stresses, our awareness of critical-state dynamics, and our before-and-after mitigation processes. Wilful blindness is not ... <a title="Keith Rankin’s Chart for this Month: Crisis Postponed" class="read-more" href="https://eveningreport.nz/2018/12/10/keith-rankins-chart-for-this-month-crisis-postponed/" aria-label="Read more about Keith Rankin’s Chart for this Month: Crisis Postponed">Read more</a>