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| Last Updated: Aug 15th, 2008 - 11:26:43 |
Newsletters
:
2006 Newsletters
:
20 October 2006
Thought for the Day
Prosperity comes from the ingenuity of entrepreneurs in producing something that customers will pay for – and the price agreed is enough for the entrepreneur to actually bother to do the work.
Oil in the ground is just that. In the 1800s it was regarded as a nuisance as it stopped the land from being productive! Only entrepreneurs building cars and engines needing oil (instead of coal) gave a price to oil.
This basic thought in economics must be understood before anything makes sense.
******************************************************
DON'T FORGET OUR THIRD FOUNDATION FORUM ON TUESDAY, NOVEMBER THE 7TH AT 5:30.
**************************************************
Oct 20, 2006, 13:31
Newsletters
:
2006 Newsletters
:
20 October 2006
Regulation and Productivity
Another study showing that more regulation means lower growth. It is way past time that New Zealand politicians stopped trying to legislate for everything that moves and anything that doesn't and took a long step back from the market place.
A study for the IRD by an international expert showed in the 1990s that New Zealand would attain its greatest rate of growth when the government part of the economy was reduced to 19.6%. At present central and local government is taking up 40% of the economy and climbing. The latest statistics show that manufacturing is declining in the last quarter but government grew by 10%.
When our government grows over 20% of the economy it slows down our growth rate. We are most unlikely to catch up with Australia this century.
Oct 9, 2006, 14:14
Newsletters
:
2006 Newsletters
:
20 October 2006
Who Captures Whom? The Case of Regulation.
A dynamic model for regulation showing the different stages in the government's regulation of an industry.
All is not as you might imagine.
Sep 29, 2006, 14:19
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