CoveragePost
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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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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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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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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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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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>
CoveragePost
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>
CoveragePost
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>
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November 27, 2018
Chart analysis by Keith Rankin. This month’s chart uses a correctly proportioned (logarithmic) scale to compare the growth of the average hourly price of labour in Education/Training and miscellaneous Professional Services with wage growth across ‘all industries’ (bearing in mind that most workers are employed in service ‘industries’). We should relate this to my June ... <a title="Keith Rankin’s Chart for this Month: Slowly Increasing Teachers’ Earnings" class="read-more" href="https://eveningreport.nz/2018/11/27/keith-rankins-chart-for-this-month-slowly-increasing-teachers-earnings/" aria-label="Read more about Keith Rankin’s Chart for this Month: Slowly Increasing Teachers’ Earnings">Read more</a>
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October 30, 2018
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September 27, 2018
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August 30, 2018
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