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| Last Updated: Aug 15th, 2008 - 11:26:43 |
Newsletters
:
2006 Newsletters
:
10 November 2006
Thought for the Day
In the 1970s the British economy was only three quarters the size of France's although the populations were of similar size. Maggie Thatcher put paid to socialism and reigned in the unions. Capitalism and the entreprenurial spirit was once more free to work its magic and now the
British economy is 5% bigger than that of France.
Meanwhile France is mired in socialism and showing little signs of progress. In 25 years France has dropped from number 7 in the world in terms of real GDP per annum per capita to number 17. And the trend line is down!
Is this the model that our Labour government thinks we should follow?
Oct 31, 2006, 16:08
Newsletters
:
2006 Newsletters
:
10 November 2006
Entrepreneurship and Growth of the Economy.
Our Third Foundation Forum last Tuesday was a resounding success. Bill Day is an inspirational speaker and he had an enthusiastic audience clapping and cheering as he explained how we can get this country up and revving.
Jan Hains made some notes during the speech and we are making them available here for those of you who missed the opportunity of listening to Bill.
Entrepreneurs create the wealth generated in the country. In New Zealand they seem capable of doing it despite the best efforts of successive governments to "help" them. For a successful and wealthy country we need less government and more freedom for the individual to follow their own path. Less tax and fewer regulations.
The formula for success is simple. Less government is more wealth for all.
Bill Day explained it to us from his personal experience.
Nov 10, 2006, 10:40
Newsletters
:
2006 Newsletters
:
10 November 2006
The New Zealand-Australian Income Differential
This report from the NZIER covers this question thoroughly but without sufficient regard to the value provided to the economy of the entrepreneur.
We should consider carefully the concepts developed by Frederic Sautet in "Why Have Kiwis Not Become Tigers". Sautet proposes that we reduce the size of government, (independent studies have shown that we would get maximum growth when the government is 20% of GDP - not 33% and certainly not 42% and rising). Sautet also recommends low taxes and the light regulatory environment recommended by the NZIER.
Our reform process has stalled and seems to be reversing.
As Sautet says, "To become Tigers, Kiwis must adopt more radical reforms."
See the NZIER report from their website. . .
[ Visit Website ]
Nov 1, 2006, 13:40
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