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Economy

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New Zealand’s pandemic budget is all about saving and creating jobs. Now the hard work begins

May 14, 2020

Source: The Conversation (Au and NZ) – By Jonathan Boston, Professor of Public Policy , Te Herenga Waka — Victoria University of Wellington Budget 2020’s focus on “jobs, jobs and jobs” is understandable, commendable and vital. COVID-19 poses the largest threat to paid employment since the Great Depression almost 90 years ago. The number of ... <a title="New Zealand’s pandemic budget is all about saving and creating jobs. Now the hard work begins" class="read-more" href="https://eveningreport.nz/2020/05/14/new-zealands-pandemic-budget-is-all-about-saving-and-creating-jobs-now-the-hard-work-begins-138523/" aria-label="Read more about New Zealand’s pandemic budget is all about saving and creating jobs. Now the hard work begins">Read more</a>

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Keith Rankin Analysis – Pie Economics: a Way to Understand Economic Balance

May 13, 2020

Analysis by Keith Rankin. Economies as Pie Charts Most of us are familiar with the expressions ‘economic pie’ or ‘economic cake’. The ‘pie’ metaphor is probably best, because pies represent a holdall food item, less homogeneous in their finished forms than are cakes. Further, most of us are familiar with pie charts. Yesterday I published ... <a title="Keith Rankin Analysis – Pie Economics: a Way to Understand Economic Balance" class="read-more" href="https://eveningreport.nz/2020/05/13/keith-rankin-analysis-pie-economics-a-way-to-understand-economic-balance/" aria-label="Read more about Keith Rankin Analysis – Pie Economics: a Way to Understand Economic Balance">Read more</a>

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Keith Rankin Chart Analysis – National Income: the Pie Chart

May 12, 2020

Analysis by Keith Rankin. Income in an Economy The chart above shows how income is distributed in an economy. It shows three major sectors: Government, Business and Households. Households are the principal sector; governments and businesses serve households, and are accountable to households. The chart is a pie chart, representing the economic pie. (For now, ... <a title="Keith Rankin Chart Analysis – National Income: the Pie Chart" class="read-more" href="https://eveningreport.nz/2020/05/12/keith-rankin-chart-analysis-national-income-the-pie-chart/" aria-label="Read more about Keith Rankin Chart Analysis – National Income: the Pie Chart">Read more</a>

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Keith Rankin Analysis – Can our Grandchildren be our Creditors?

May 7, 2020

Analysis by Keith Rankin. “We are borrowing tens of billions of dollars from our children and grandchildren to get us through the Covid crisis…”. (James Shaw in interview on Radio New Zealand’s Nine to Noon, 23 April 2020) Debtors and Creditors Literally, for me to be in debt to somebody means that the ‘somebody’ (the ... <a title="Keith Rankin Analysis – Can our Grandchildren be our Creditors?" class="read-more" href="https://eveningreport.nz/2020/05/07/keith-rankin-analysis-can-our-grandchildren-be-our-creditors/" aria-label="Read more about Keith Rankin Analysis – Can our Grandchildren be our Creditors?">Read more</a>

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Keith Rankin Analysis – Universal Income Flat Tax: the Mechanism that Makes the Necessary Possible

April 30, 2020

Analysis by Keith Rankin. Fact Checking On Mondays – or Tuesdays after public holidays – National Radio’s Kathryn Ryan runs a session called ‘Political Commentators’. On 28 April, from the right was regular commentator Matthew Hooton. From the left was Neal Jones who is listed as: “Chief of Staff to Labour Leader Jacinda Ardern, and prior ... <a title="Keith Rankin Analysis – Universal Income Flat Tax: the Mechanism that Makes the Necessary Possible" class="read-more" href="https://eveningreport.nz/2020/04/30/keith-rankin-analysis-universal-income-flat-tax-the-mechanism-that-makes-the-necessary-possible/" aria-label="Read more about Keith Rankin Analysis – Universal Income Flat Tax: the Mechanism that Makes the Necessary Possible">Read more</a>

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Long queues for takeaways as many NZers return to work after lockdown

April 28, 2020

By RNZ News Hundreds of thousands of New Zealanders are returning to work today under eased level 3 restrictions – and some are queuing in long lines for takeaways on the way. New Zealand has moved to alert level 3 after five weeks of level 4 coronavirus lockdown, reducing restrictions on businesses and schooling. An ... <a title="Long queues for takeaways as many NZers return to work after lockdown" class="read-more" href="https://eveningreport.nz/2020/04/28/long-queues-for-takeaways-as-many-nzers-return-to-work-after-lockdown/" aria-label="Read more about Long queues for takeaways as many NZers return to work after lockdown">Read more</a>

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Keith Rankin Analysis – Systemic Behaviour, and the Challenges of the 2020s

April 23, 2020

Analysis by Keith Rankin. The System – The Whole Good systemic behaviour is acting for the good of all, not by making altruistic sacrifices but by following the golden rule (“behave towards others as you would have them behave towards you”). Or put another way, by acting to strengthen the whole, in the process we ... <a title="Keith Rankin Analysis – Systemic Behaviour, and the Challenges of the 2020s" class="read-more" href="https://eveningreport.nz/2020/04/23/keith-rankin-analysis-systemic-behaviour-and-the-challenges-of-the-2020s/" aria-label="Read more about Keith Rankin Analysis – Systemic Behaviour, and the Challenges of the 2020s">Read more</a>

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Keith Rankin Analysis – Northern European Mercantilism and the Covid‑19 Emergency

April 9, 2020

Analysis by Keith Rankin What is Mercantilism? Mercantilism is the form of public policy that was dominant in Europe – especially Northern Europe – in the ‘early modern’ period; meaning in the period loosely between 1500 and 1800 (sixteenth to eighteenth centuries). In a political sense it represented a coalition of autocratic rule and big ... <a title="Keith Rankin Analysis – Northern European Mercantilism and the Covid‑19 Emergency" class="read-more" href="https://eveningreport.nz/2020/04/09/keith-rankin-analysis-northern-european-mercantilism-and-the-covid-19-emergency/" aria-label="Read more about Keith Rankin Analysis – Northern European Mercantilism and the Covid‑19 Emergency">Read more</a>

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OP-ED: Asia-Pacific response to COVID-19 and climate emergency must build a resilient and sustainable future

April 8, 2020

Op-Ed by Armida Salsiah Alisjahbana The unprecedented public health emergency triggered by the COVID -19 pandemic and its multi-faceted impact on people’s lives around the world is taking a heavy toll on Asia and the Pacific. Countries in our region are striving to mitigate the massive socioeconomic impact of the pandemic, which is also expected ... <a title="OP-ED: Asia-Pacific response to COVID-19 and climate emergency must build a resilient and sustainable future" class="read-more" href="https://eveningreport.nz/2020/04/08/op-ed-asia-pacific-response-to-covid-19-and-climate-emergency-must-build-a-resilient-and-sustainable-future/" aria-label="Read more about OP-ED: Asia-Pacific response to COVID-19 and climate emergency must build a resilient and sustainable future">Read more</a>

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Keith Rankin – Universal Basic Income (or Basic Universal Income) and Covid‑19

April 6, 2020

Article by Keith Rankin A Plea for Political Commentary with a Semblance of Accuracy Once again it was very disappointing to hear a radio programme poo-pooing the idea of a Universal Basic Income by misrepresenting it. Refer: (The Panel, National Radio, 6 April 2020) https://www.rnz.co.nz/national/programmes/thepanel/audio/2018741718/a-universal-basic-income-to-all-its-citizens And my previous attempt (Keith Rankin on Universal Basic Income ... <a title="Keith Rankin – Universal Basic Income (or Basic Universal Income) and Covid‑19" class="read-more" href="https://eveningreport.nz/2020/04/06/keith-rankin-universal-basic-income-or-basic-universal-income-and-covid-19/" aria-label="Read more about Keith Rankin – Universal Basic Income (or Basic Universal Income) and Covid‑19">Read more</a>

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Keith Rankin Analysis – Money, Public Debt and the Covid-19 Emergency

April 2, 2020

Analysis by Keith Rankin What is Money? Money is a mystery. To most of us we receive it, we spend it, we save it, we borrow it. And if we don’t have enough, we are in trouble. Many of us think of money as if it is tangible, like gold; something that is naturally scarce, ... <a title="Keith Rankin Analysis – Money, Public Debt and the Covid-19 Emergency" class="read-more" href="https://eveningreport.nz/2020/04/02/keith-rankin-analysis-money-public-debt-and-the-covid-19-emergency/" aria-label="Read more about Keith Rankin Analysis – Money, Public Debt and the Covid-19 Emergency">Read more</a>

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NZ’s $5 billion foreign student industry faces dramatic drop

March 30, 2020

By John Gerritsen of RNZ News The $5 billion foreign student industry is facing a massive downturn with as many as half of this year’s enrolments now in doubt. Immigration New Zealand figures show that of 76,203 valid study visas at 15 March, 60,348 were in New Zealand, and 15,855 were not. Immigration New Zealand ... <a title="NZ’s $5 billion foreign student industry faces dramatic drop" class="read-more" href="https://eveningreport.nz/2020/03/30/nzs-5-billion-foreign-student-industry-faces-dramatic-drop/" aria-label="Read more about NZ’s $5 billion foreign student industry faces dramatic drop">Read more</a>