Why ‘Eating the Rich’ Undermines Everyone’s Prosperity
Wealth accumulates where people create value, meaning great fortunes reflect service, not selfishness. That’s why taxing fortunes undermines prosperity.
Economy
Do Rising House Prices Damage Growth?
Just when this trend looks like it might gradually make housing more affordable, with immense social benefits and, apparently, considerable benefits in improving our disappointingly poor record in productivity growth, the prime minister panics.
PM Says Amazon Will Invest $7.5 Billion in New Zealand
The development is expected to create around 1000 jobs and add $11 billion to the country’s GDP.
NZ Cannot Afford to Be Blasé About This
Grant Robertson, the former finance minister, expressed regret for not borrowing more.
Willis and the Express Lane Myth
Rail freight could slash those costs, but decades of neglect combined with the duopoly’s trucking dominance has left rail on life support.
Fund the User, Not the Provider
The great author/philosopher Eric Hoffer once said, “Every great cause begins as a movement, then becomes a business, and eventually degenerates into a racket.”
France ‘Could Trigger Next Financial Crash’
Government set to fall amid bankruptcy worries.
Now Middle England Is Becoming Poor
If Gen X are losing the habit of spending significant money on things, and Gen Z is not adopting the habit at all, how will the economy grow?
Academic Says Time to Start Paying People to Take Vaccines
It must also have helped that it was an economics study, not a medical one. According to the methods section of the paper, it had ethical oversight from the University of Oxford Economics Department. I don’t suppose that department is overflowing with expertise in medical ethics.
A Big Retailer Goes Into Receivership
A family member of a long-term Christchurch worker told Chris Lynch Media staff had no warning when they arrived at work. “Everyone up and down the country, every location is going through the same.”
DOGE Posted the Receipts. Now They’re Being Hunted.
Washington’s response reveals who ran the swamp.
Maybe We’re Thinking About This All Wrong?
Taxes are a form of social control. They are a proxy measurement for how much of each year you are working as a slave. A slave is a slave in the mind first.
The Biggest Building Consent Reform in Decades
Chris Penk says the building sector has the potential to be an economic powerhouse, yet productivity has stalled since 1985 despite major advances in building methods and technology.
