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Economic Intelligence

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Keith Rankin Analysis – Public Debt, Japan, and Wilful Blindness

July 10, 2025

Analysis by Keith Rankin. I just heard on Radio New Zealand a claim by a British commentator, Hugo Gye (Political Editor of The i Paper), that the United Kingdom (among other countries) has a major public debt crisis, and that if nothing is done about it (such as what Rachel Reeves – Chancellor of the ... <a title="Keith Rankin Analysis – Public Debt, Japan, and Wilful Blindness" class="read-more" href="https://eveningreport.nz/2025/07/10/keith-rankin-analysis-public-debt-japan-and-wilful-blindness/" aria-label="Read more about Keith Rankin Analysis – Public Debt, Japan, and Wilful Blindness">Read more</a>

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Keith Rankin Analysis – Equity Rights: UBI, SUI, BUI, HUI, or GUI?

June 6, 2025

Analysis by Keith Rankin. Capitalism is in crisis, and our species’ imagination to save ourselves is sorely lacking. There are of course understandings out there, and solutions; but they are so heavily gate-kept that conversations about saving ourselves are well-nigh impossible. It remains a puzzle why those political and intellectual leaders who would most benefit ... <a title="Keith Rankin Analysis – Equity Rights: UBI, SUI, BUI, HUI, or GUI?" class="read-more" href="https://eveningreport.nz/2025/06/06/keith-rankin-analysis-equity-rights-ubi-sui-bui-hui-or-gui/" aria-label="Read more about Keith Rankin Analysis – Equity Rights: UBI, SUI, BUI, HUI, or GUI?">Read more</a>

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Keith Rankin Analysis – Zero-Sum Fiscal Narratives

May 22, 2025

Analysis by Keith Rankin. The central narrative of New Zealand’s Minister of Finance, Nicola Willis, is ‘There is only so much money to go around’. (For example, her interview on RNZ on 20 May, Willis on her second Budget, price of butter. The interview also covers, in the usual subservient way our media addresses these ... <a title="Keith Rankin Analysis – Zero-Sum Fiscal Narratives" class="read-more" href="https://eveningreport.nz/2025/05/22/keith-rankin-analysis-budget-2025-zero-sum-fiscal-narratives/" aria-label="Read more about Keith Rankin Analysis – Zero-Sum Fiscal Narratives">Read more</a>

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Keith Rankin Analysis – The Aratere and the New Zealand Main Trunk Line

May 20, 2025

Analysis by Keith Rankin. Government-owned Kiwirail is supposed to be presiding over the New Zealand Main Trunk (Railway) Line, from Auckland to Invercargill. As such it runs a ferry service (The Interislander) between New Zealand’s North and South Islands. We are being told by Kiwirail (and see today’s report on Radio NZ) that the only ... <a title="Keith Rankin Analysis – The Aratere and the New Zealand Main Trunk Line" class="read-more" href="https://eveningreport.nz/2025/05/20/keith-rankin-analysis-the-aratere-and-the-new-zealand-main-trunk-line/" aria-label="Read more about Keith Rankin Analysis – The Aratere and the New Zealand Main Trunk Line">Read more</a>

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Keith Rankin Analysis – Make Deficits Great Again: Maintaining a Pragmatic Balance

May 9, 2025

Analysis by Keith Rankin. Donald Trump is a mercantilist, as noted in Trump’s tariffs: Short-term damage or long-term ruin? ‘The Bottom Line’, Al Jazeera, 11 April 2025 (or here on YouTube). But the United States, in today’s world, is not a mercantilist country. Or at least not a successful mercantilist country, though it is inhabited ... <a title="Keith Rankin Analysis – Make Deficits Great Again: Maintaining a Pragmatic Balance" class="read-more" href="https://eveningreport.nz/2025/05/09/keith-rankin-analysis-make-deficits-great-again-maintaining-a-pragmatic-balance/" aria-label="Read more about Keith Rankin Analysis – Make Deficits Great Again: Maintaining a Pragmatic Balance">Read more</a>

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Keith Rankin Essay – Rational Expectations, Intelligence, and War

April 10, 2025

Essay by Keith Rankin. ‘Rational Expectations’ is a problematic theory in economics. Here I want to focus more away from economics; and more on the meanings of ‘rationality’ in decision-making, than on the problematic ambiguity of the word ‘expect’ (and its derivatives such as ‘expectations’). ‘Expectation’ here means what we believe ‘will’ happen, not ‘should’ ... <a title="Keith Rankin Essay – Rational Expectations, Intelligence, and War" class="read-more" href="https://eveningreport.nz/2025/04/10/keith-rankin-essay-rational-expectations-intelligence-and-war/" aria-label="Read more about Keith Rankin Essay – Rational Expectations, Intelligence, and War">Read more</a>

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Opinion: The New Zealand Public’s KiwiBank On The Auction Block

August 22, 2024

Opinion by Hon. Matt Robson, former Alliance Party Cabinet Minister and Associate Minister of Foreign Affairs. In 2000, the Initial vote on Kiwibank in the Labour-Alliance government was 16 votes against from Labour, and four votes in favour from the Alliance. I was there when this was reversed, and in 2001 the four insurgent Alliance ... <a title="Opinion: The New Zealand Public’s KiwiBank On The Auction Block" class="read-more" href="https://eveningreport.nz/2024/08/22/opinion-the-new-zealand-publics-kiwibank-on-the-auction-block/" aria-label="Read more about Opinion: The New Zealand Public’s KiwiBank On The Auction Block">Read more</a>

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Keith Rankin Analysis – Department of Mum and Dad, in the context of a more restrictive welfare state

August 14, 2024

Department of Mum and Dad Analysis by Keith Rankin. On 12 August, the national-led government announced a new policy program to impose more sanctions on New Zealand’s beneficiaries, meaning people of working age (18-64) whose primary income is a government benefit. (Refer RNZ Government further increases sanctions for beneficiaries, 12 August 2024.) This policy direction ... <a title="Keith Rankin Analysis – Department of Mum and Dad, in the context of a more restrictive welfare state" class="read-more" href="https://eveningreport.nz/2024/08/14/keith-rankin-analysis-department-of-mum-and-dad-in-the-context-of-a-more-restrictive-welfare-state/" aria-label="Read more about Keith Rankin Analysis – Department of Mum and Dad, in the context of a more restrictive welfare state">Read more</a>

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Keith Rankin Analysis – Tax Cuts: 1982 and 2024

July 31, 2024

Analysis by Keith Rankin. Today is ‘tax cut day’. The present round of income tax cuts has been controversial, despite the fact that they are not ‘real’ tax cuts, only bracket adjustments which partially compensate for CPI inflation this decade. (Here is an interview today with University of Auckland economist Susan St John, which suggests ... <a title="Keith Rankin Analysis – Tax Cuts: 1982 and 2024" class="read-more" href="https://eveningreport.nz/2024/07/31/keith-rankin-analysis-tax-cuts-1982-and-2024/" aria-label="Read more about Keith Rankin Analysis – Tax Cuts: 1982 and 2024">Read more</a>

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Keith Rankin Chart Analysis – New Zealand’s Consumers Price Index: CPI Inflation past and present

July 31, 2024

Analysis by Keith Rankin. The above chart shows CPI inflation in New Zealand in historical context. The chart shows (in orange) the present policy target band of one to three percent annual inflation. And it shows the ‘home-ownership’ component of the CPI. The chart looks different to most charts of CPI inflation, because it uses ... <a title="Keith Rankin Chart Analysis – New Zealand’s Consumers Price Index: CPI Inflation past and present" class="read-more" href="https://eveningreport.nz/2024/07/31/keith-rankin-chart-analysis-new-zealands-consumers-price-index-cpi-inflation-past-and-present/" aria-label="Read more about Keith Rankin Chart Analysis – New Zealand’s Consumers Price Index: CPI Inflation past and present">Read more</a>

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Keith Rankin Chart Analysis – The Truth in New Zealand about Price Inflation and Interest Rates

July 22, 2024

Analysis by Keith Rankin. Interest Rates and Increasing Prices: The Facts The first chart above challenges the received view that inflation in New Zealand remains stubbornly high, and that it is therefore appropriate for the Reserve Bank’s official cash rate (OCR) to be held for at least a few more months at its damagingly high ... <a title="Keith Rankin Chart Analysis – The Truth in New Zealand about Price Inflation and Interest Rates" class="read-more" href="https://eveningreport.nz/2024/07/22/keith-rankin-chart-analysis-the-truth-in-new-zealand-about-price-inflation-and-interest-rates/" aria-label="Read more about Keith Rankin Chart Analysis – The Truth in New Zealand about Price Inflation and Interest Rates">Read more</a>

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PODCAST: A View from Afar – Post-Pandemic Economics and the Rise of National Populism

June 24, 2024

Post-pandemic economics and the rise of national populism - Wherever we look today, whether it be through a political, economic, or security lens, we can see the consequences of post-pandemic economic instability. And politically, the rise of national populism is in evidence, as is an apparent anti-incumbent mood among voters. In this podcast, Paul G Buchanan and Selwyn Manning assess the global Zeitgeist and what impact post-pandemic economics is having on geopolitics and geo-economics.