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| Last Updated: Aug 15th, 2008 - 11:26:43 |
Newsletters
:
2004 Newsletters
:
14 June 2004
Thought for the Day - Quote from Alfred North Whitehead
Vigorous societies harbour a certain extravagance of objectives.
Alfred North Whitehead co-authored Principia Mathematica with Bertrand Russell.
Jun 14, 2004, 12:35
Newsletters
:
2004 Newsletters
:
14 June 2004
Cause and Effect
In economics it is often difficult to determine what caused the effects that are creating the headlines in the daily papers. Some of our population think that the "Douglas and Richardson" reforms caused the hardship some people experienced in the 80s and 90s and some people think that this economic dislocation was caused by years of socialist thinking culminating in Muldoon's Price, Wages and Interest Freeze and that Douglas and Richardson solved the problem and gave us the growth we have experienced in the last 10 years.
From our great distance let us cast our gaze upon Britian and "old" Europe. In the early 50s Britain was well ahead of France and Germany in terms of GDP per capita but by 1977 Britain's GDP per capita was 41% lower than France and 46% lower than Germany. However, Maggie Thatcher - the Iron Lady - was not for turning and drove through the necessary reforms to generate growth in the British economy. Now the situation is reversed. Britain now has higher GDP per capita than France, Germany and Italy according to the latest OECD report. Further, as Britain is continuing to grow faster than Europe the gap is widening and if current trends continue the British economy will be the biggest in Europe by 2030.
Getting growth in an econmy is not easy. It requires strong leadership with the correct understanding of what creates growth in an economy and a desire to have a better standard of living for everyone.
Talking about rising to the top half of the OECD and having the policies of Santa Claus just continue to take us further down the slippery slope towards poverty. France and Germany cannot get their economies in order and are looking at growth rates of about 1.5%. Treasury is predicting New Zealand's growth to taper off from 4% to around 2.3% in the next year or two. The latest prediction from the Reserve Bank is for growth to slow down to 1.75% by 2006. Labour's policies are causing these growth effects.
We have a choice. Let us take action.
Jun 10, 2004, 11:46
Newsletters
:
2004 Newsletters
:
14 June 2004
New Zealand and Prosperity
One of the advantages of using "Article Manager" as our web page builder is that we can very easily publish articles from a wide range of sources including work by our own members. Barry has joined recently and here he gives his thoughts on New Zealand and Prosperity.
Jun 3, 2004, 14:18
Newsletters
:
2004 Newsletters
:
14 June 2004
The Silent Majority
Here is an interesting web site. The Silent majority may have something to say about politics which could be useful to our quest.
The Silent Majority are a group of people in New Zealand society who are concerned about the country’s economic and social direction.
The Silent Majority are hard-working New Zealanders who have common sense and are mainstream in their views.
The Silent Majority feel that much of the political agenda has been captured by a minority elite grouping of university academics and government workers who are totally focussed on the margins of society and not on improving the lot of New Zealand society as a whole.
The Silent Majority are not necessarily fond of politics or politicians but have thoughtful views about the future of their country. They would rather get on with their lives and not be involved. However they feel strongly that the political process must be altered to more truly reflect the wishes of the silent majority of productive hard-working New Zealanders. [ Visit Website ]
May 22, 2004, 16:08
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