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Economy

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Keith Rankin Chart Analysis – Economic Growth: Ireland compared to Australasia

October 12, 2023

Analysis by Keith Rankin. This chart shows the anomalous economy which is Ireland. In tradingeconomics.com, Ireland and New Zealand are shown as having exactly the same population (5.15m). Yet Ireland has a GDP of $US529 billion, whereas New Zealand has a GDP of $US247 billion, less than half. (Even Sweden, with double Ireland’s population, has ... <a title="Keith Rankin Chart Analysis – Economic Growth: Ireland compared to Australasia" class="read-more" href="https://eveningreport.nz/2023/10/12/keith-rankin-chart-analysis-economic-growth-ireland-compared-to-australasia/" aria-label="Read more about Keith Rankin Chart Analysis – Economic Growth: Ireland compared to Australasia">Read more</a>

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Keith Rankin Chart Analysis – Economic Growth per Capita: New Zealand in Context

September 26, 2023

Analysis by Keith Rankin. The principal measure of economic success in the mainstream narrative is economic growth. The pointy heads associated with that narrative will correctly point out that its economic growth per capita that matters, and which serves as a crude proxy for ‘living standards’. This conventional wisdom says that annual economic growth of ... <a title="Keith Rankin Chart Analysis – Economic Growth per Capita: New Zealand in Context" class="read-more" href="https://eveningreport.nz/2023/09/26/keith-rankin-chart-analysis-economic-growth-per-capita-new-zealand-in-context/" aria-label="Read more about Keith Rankin Chart Analysis – Economic Growth per Capita: New Zealand in Context">Read more</a>

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Keith Rankin Analysis – New Zealand’s Exceptional Financial Policy Signature

September 4, 2023

Analysis by Keith Rankin. The Financial Profile of a Nation State New Zealand Incorporated (in abbreviation, NZ Inc.) is Aotearoa New Zealand thought of as an economic nation. The domestic economy of New Zealand splits into the ‘Government’ and ‘Private’ sectors, where ‘Private’ means ‘non-Government’. ‘NZ Inc.’ is embodied within ‘World Inc.’; that is, within ... <a title="Keith Rankin Analysis – New Zealand’s Exceptional Financial Policy Signature" class="read-more" href="https://eveningreport.nz/2023/09/04/keith-rankin-analysis-new-zealands-exceptional-financial-policy-signature/" aria-label="Read more about Keith Rankin Analysis – New Zealand’s Exceptional Financial Policy Signature">Read more</a>

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Hipkins warns NZ voters against ‘turning the clock back’ on reforms

September 1, 2023

By Russell Palmer, RNZ News digital political journalist Parliament has ended for another term, shutting down ahead of the Aotearoa New Zealand election campaign with a debate where many focused on attacking their political opponents. Labour Party leader and Prime Minister Chris Hipkins warned New Zealanders: “We can continue to move forward under Labour, or ... <a title="Hipkins warns NZ voters against ‘turning the clock back’ on reforms" class="read-more" href="https://eveningreport.nz/2023/09/01/hipkins-warns-nz-voters-against-turning-the-clock-back-on-reforms/" aria-label="Read more about Hipkins warns NZ voters against ‘turning the clock back’ on reforms">Read more</a>

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Keith Rankin Chart Analysis – New Zealand’s Financial Exceptionalism

August 31, 2023

Analysis by Keith Rankin. New Zealand’s Exceptional Economic Policy Fingerprint The above chart shows New Zealand’s financial (im)balances from 1999. What is truly exceptional is the number of years in which Aotearoa New Zealand has green and red together on the ‘surplus’ side of the chart. (I have discussed this in May in Visualising Countries’ ... <a title="Keith Rankin Chart Analysis – New Zealand’s Financial Exceptionalism" class="read-more" href="https://eveningreport.nz/2023/08/31/keith-rankin-chart-analysis-new-zealands-financial-exceptionalism/" aria-label="Read more about Keith Rankin Chart Analysis – New Zealand’s Financial Exceptionalism">Read more</a>

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Keith Rankin Analysis – Financial Literacy, Compound Interest, and the Veneration of Money

August 22, 2023

Analysis by Keith Rankin. In New Zealand, both Labour and National want the teaching of ‘financial literacy’ to become compulsory in schools. (See Labour pledges compulsory financial literacy classes in schools and National also aiming to make financial literacy compulsory in schools from One News, 20 August 2023. On the 6pm news, Prime Minister Chris ... <a title="Keith Rankin Analysis – Financial Literacy, Compound Interest, and the Veneration of Money" class="read-more" href="https://eveningreport.nz/2023/08/22/keith-rankin-analysis-financial-literacy-compound-interest-and-the-veneration-of-money/" aria-label="Read more about Keith Rankin Analysis – Financial Literacy, Compound Interest, and the Veneration of Money">Read more</a>

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Keith Rankin Essay – Subsidise Vegetables and Fruit

August 15, 2023

Essay by Keith Rankin. Fresh vegetables and fruit – quality foods – are what economists call a merit good, like primary health care, education and urban public transport. By contrast, ‘junk food’ – rich in sugar – is a demerit good. We in New Zealand and many other countries have a problem: too much unhealthy ... <a title="Keith Rankin Essay – Subsidise Vegetables and Fruit" class="read-more" href="https://eveningreport.nz/2023/08/15/keith-rankin-essay-subsidise-vegetables-and-fruit/" aria-label="Read more about Keith Rankin Essay – Subsidise Vegetables and Fruit">Read more</a>

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Keith Rankin Analysis – Income Tax and Common-Sense: the Aotearoa New Zealand case

July 17, 2023

Analysis by Keith Rankin. Last week we heard the Labour Party leader, Prime Minister Chris Hipkins, practically rule out changes to the marginal income tax rates or the associated income thresholds. In particular, he indicated that a Hipkins-led government would not proceed with proposals to introduce a tax-free income bracket. And he ruled out new ... <a title="Keith Rankin Analysis – Income Tax and Common-Sense: the Aotearoa New Zealand case" class="read-more" href="https://eveningreport.nz/2023/07/17/keith-rankin-analysis-income-tax-and-common-sense-the-aotearoa-new-zealand-case/" aria-label="Read more about Keith Rankin Analysis – Income Tax and Common-Sense: the Aotearoa New Zealand case">Read more</a>

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Keith Rankin Chart Analysis – Visualising Countries’ Deficits and Debts, Surpluses and Credits, in context of the US Government’s Debt Ceiling

May 29, 2023

Analysis by Keith Rankin. The topic of financial debt is one of the hardest for humans to get their heads around. The normal understanding of a debt is a sacrifice made by one party (the owner of the debt) in favour of another party (the ower) which will be remedied some time in the future ... <a title="Keith Rankin Chart Analysis – Visualising Countries’ Deficits and Debts, Surpluses and Credits, in context of the US Government’s Debt Ceiling" class="read-more" href="https://eveningreport.nz/2023/05/29/keith-rankin-chart-analysis-visualising-countries-deficits-and-debts-surpluses-and-credits-in-context-of-the-us-governments-debt-ceiling/" aria-label="Read more about Keith Rankin Chart Analysis – Visualising Countries’ Deficits and Debts, Surpluses and Credits, in context of the US Government’s Debt Ceiling">Read more</a>

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Keith Rankin Analysis – Adult Poverty Action, and the Loafers Lodge

May 20, 2023

Analysis by Keith Rankin. Tuesday’s boarding-house fire in Wellington was a tragedy of lost lives, and failure to supply safe housing and adequately resourced emergency services. But it was much more, and so far the socio-demographic revelations have barely been touched upon in mainstream media commentary. Losers and Winners Clearly the residents of the unfortunately ... <a title="Keith Rankin Analysis – Adult Poverty Action, and the Loafers Lodge" class="read-more" href="https://eveningreport.nz/2023/05/20/keith-rankin-analysis-adult-poverty-action-and-the-loafers-lodge/" aria-label="Read more about Keith Rankin Analysis – Adult Poverty Action, and the Loafers Lodge">Read more</a>

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Bryce Edwards’ Political Roundup: Clawing back $7bn of corporate welfare

December 2, 2022

Analysis by Dr Bryce Edwards. Political Roundup: Clawing back $7bn of corporate welfare The taxpayer is short of billions of dollars that were overpaid to businesses during Covid according to Christchurch philanthropists Grant and Marilyn Nelson. They are taking legal action against state agencies to push them to recoup up to $7bn that was wrongly paid ... <a title="Bryce Edwards’ Political Roundup: Clawing back $7bn of corporate welfare" class="read-more" href="https://eveningreport.nz/2022/12/02/bryce-edwards-political-roundup-clawing-back-7bn-of-corporate-welfare/" aria-label="Read more about Bryce Edwards’ Political Roundup: Clawing back $7bn of corporate welfare">Read more</a>