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July 2, 2020
Analysis by Keith Rankin, 2 July 2020 Socialism versus Progressive Capitalism I was disappointed that the Green Party continues to reject a distributive Universal Basic Income (UBI) in favour of a redistributive and polarising Guaranteed Minimum Income (GMI) model. GMI is the antithesis of UBI. The essence of UBI, through flattening income tax, is the creation ... <a title="Keith Rankin Analysis – Green Party Tax-Benefit Policy is not Helpful" class="read-more" href="https://eveningreport.nz/2020/07/02/keith-rankin-analysis-green-party-tax-benefit-policy-is-not-helpful/" aria-label="Read more about Keith Rankin Analysis – Green Party Tax-Benefit Policy is not Helpful">Read more</a>
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July 1, 2020
Analysis by Dr Bryce Edwards The Greens have shaken up the election campaign with the announcement of their radical poverty and action plan to reform welfare provision and introduce a new wealth tax for millionaires. It’s a big-thinking, controversial policy and has generated a lot of disagreement over how radical it is, whether it could ... <a title="Bryce Edwards’ Political Roundup: The Greens’ Zeitgeist poverty and tax action plan" class="read-more" href="https://eveningreport.nz/2020/07/01/bryce-edwards-political-roundup-the-greens-zeitgeist-poverty-and-tax-action-plan/" aria-label="Read more about Bryce Edwards’ Political Roundup: The Greens’ Zeitgeist poverty and tax action plan">Read more</a>
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June 30, 2020
These charts tell a simple story about how the coronavirus pandemic could be a catalyst for the transition to a more sustainable economic future. Looking at Chart 1, the gross domestic product (GDP) of the economy is shown as the combination of yellow and orange. (We note that these charts represent another aspect of pie ... <a title="Keith Rankin Chart Analysis – Pandemic as a Catalyst for a New Economic Normal" class="read-more" href="https://eveningreport.nz/2020/06/30/keith-rankin-chart-analysis-pandemic-as-a-catalyst-for-a-new-economic-normal/" aria-label="Read more about Keith Rankin Chart Analysis – Pandemic as a Catalyst for a New Economic Normal">Read more</a>
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June 26, 2020
Analysis by Keith Rankin. Fundamental Magic The fundamentals of existence are difficult to explain, which is why we need to fall back on abstract ‘creators’; ie beings sufficiently abstract that they themselves do not need to be explained. Here is my big three list of origin magics that underpin our existence. One. The origin of ... <a title="Keith Rankin Analysis – Imagination, Science, and Day-to-Day Magic" class="read-more" href="https://eveningreport.nz/2020/06/26/keith-rankin-analysis-imagination-science-and-day-to-day-magic/" aria-label="Read more about Keith Rankin Analysis – Imagination, Science, and Day-to-Day Magic">Read more</a>
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June 11, 2020
Analysis by Keith Rankin. Imagery: Metaphors, Symbols, Analogies As a species, people use symbols to facilitate understandings of the complexities of the world. In the last millennium in Europe, the highest subjects of learning were ‘classical studies’ and ‘theology’. It was because almost all of the principal explanatory stories of human life – as the priestly ... <a title="Keith Rankin Analysis – Goldmining as our Metaphor for Economic Activity" class="read-more" href="https://eveningreport.nz/2020/06/11/keith-rankin-analysis-goldmining-as-our-metaphor-for-economic-activity/" aria-label="Read more about Keith Rankin Analysis – Goldmining as our Metaphor for Economic Activity">Read more</a>
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June 8, 2020
Analysis by Keith Rankin. Good or Bad? Are there good or bad signature patterns for countries. The most obvious answer is that every country should ideally look like Portugal in 2019. Government sector and foreign sector balances would be close to zero. Private sector balances would also be close to zero, with household surpluses (net household ... <a title="Keith Rankin Chart Analysis – Financial Signatures: Portugal and New Zealand compared" class="read-more" href="https://eveningreport.nz/2020/06/08/keith-rankin-chart-analysis-financial-signatures-portugal-and-new-zealand-compared/" aria-label="Read more about Keith Rankin Chart Analysis – Financial Signatures: Portugal and New Zealand compared">Read more</a>
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June 5, 2020
Analysis by Keith Rankin. The conversation around the 2020 covid19 pandemic has been widely framed as ‘health versus the economy’. It has been quite political, with people leaning to the left emphasising ‘health’, and people leaning to the right emphasising ‘the economy’. A couple of weeks ago (27 May), on RNZ I heard outspoken British ... <a title="Keith Rankin Analysis – Economic Impacts of Pandemics" class="read-more" href="https://eveningreport.nz/2020/06/05/keith-rankin-analysis-economic-impacts-of-pandemics/" aria-label="Read more about Keith Rankin Analysis – Economic Impacts of Pandemics">Read more</a>
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June 3, 2020
Analysis by Keith Rankin. Economic Life, Economics and Economism When things go wrong with economic life, it’s easy to blame economics; that is, the academic discipline called ‘economics’. We all live economic lives, and use metaphors to give meaning to that amorphous thing we call ‘the economy’ and to our individual places within it. Shared ... <a title="Keith Rankin Analysis – Mindframes and Doughnuts" class="read-more" href="https://eveningreport.nz/2020/06/03/keith-rankin-analysis-mindframes-and-doughnuts/" aria-label="Read more about Keith Rankin Analysis – Mindframes and Doughnuts">Read more</a>
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June 2, 2020
Analysis by Dr Bryce Edwards The latest opinion poll is out, and it’s more bad news for the National Party, with Roy Morgan putting them on only 26.5% support, against Labour’s 56.5%. You can see the details here: Roy Morgan May opinion poll. Roy Morgan is regarded as less accurate than other polling companies, and the ... <a title="Bryce Edwards’ Political Roundup: Todd Muller’s torrid start as National leader" class="read-more" href="https://eveningreport.nz/2020/06/02/bryce-edwards-political-roundup-todd-mullers-torrid-start-as-national-leader/" aria-label="Read more about Bryce Edwards’ Political Roundup: Todd Muller’s torrid start as National leader">Read more</a>
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May 28, 2020
Analysis by Keith Rankin. On Project Syndicate – and in other places in recent months – orthodox US economist Kenneth Rogoff has presented the case for deeply negative interest rates. Another financial sacred cow falls; yes, interest rates can be negative, even substantially negative. It can take a while, though, for shot sacred cows to ... <a title="Keith Rankin on Deeply Negative Interest Rates" class="read-more" href="https://eveningreport.nz/2020/05/28/keith-rankin-on-deeply-negative-interest-rates/" aria-label="Read more about Keith Rankin on Deeply Negative Interest Rates">Read more</a>
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May 27, 2020
Analysis by Keith Rankin. 1980s: Sweden like New Zealand and Australia Sweden in the 1980s, financially speaking, looked something like New Zealand and Australia. It was a period of stress from high oil prices, and global inflation. Governments ‘took up the slack’, running deficit balances. In Sweden, the slack was caused mainly by private-sector surpluses. ... <a title="Keith Rankin’s Chart Analysis – Financial Signatures: Sweden and Australia" class="read-more" href="https://eveningreport.nz/2020/05/27/keith-rankins-chart-analysis-financial-signatures-sweden-and-australia/" aria-label="Read more about Keith Rankin’s Chart Analysis – Financial Signatures: Sweden and Australia">Read more</a>
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May 26, 2020
Analysis by Keith Rankin. From an interview with Geoff Bertram, on The Panel, RNZ 22 May 2020 Wallace Chapman: “Are we setting up our future generations, our future children, to be born into a life of national debt?” [He mentions the on-line Fabian Society discussion, held on 23 May, and introduces Geoff Bertram.] Wallace Chapman: ... <a title="Keith Rankin Analysis – Government and Money during a Major Economic Downturn" class="read-more" href="https://eveningreport.nz/2020/05/26/keith-rankin-analysis-government-and-money-during-a-major-economic-downturn/" aria-label="Read more about Keith Rankin Analysis – Government and Money during a Major Economic Downturn">Read more</a>
