Keith Rankin - Latest News [Page 1]

Public Debt: Pay It Back Or Pay It Forward?

Friday, 16 October 2020, 8:53 am | Keith Rankin

I recently encountered the concept "pay it forward", with reference to a debt. While it was in a personal context that I came across this concept, on reflection I am wondering why – as a follower of news media – I have never heard the concept ... More >>

Existential Concerns

Wednesday, 14 October 2020, 4:02 pm | Keith Rankin

This 21st century epoch is coming to be one of 'existential crises', meaning that various large-scale dangers are increasingly coming to be seen to threaten 'our' existence, where 'our' most commonly relates to people, but may also relate to multicellular More >>

Aotearoan Origins

Friday, 9 October 2020, 1:41 pm | Keith Rankin

Over the last month, I enjoyed watching Origins on TV1. Very ambitiously, it looked at the origins of Tangata Whenua, going all the way back to the origins of humanity in Africa. Nevertheless, the final episode in particular bothered me. It presented ... More >>

The 2020 New Zealand Election Is Not A Foregone Conclusion.

Friday, 25 September 2020, 11:11 am | Keith Rankin

The most recent TVNZ Colmar Brunton poll felt about right: Labour/Green on 54% and National/Act on 38% of decided voters. But I sense that Labour is losing momentum. What needs to happen to make Judith Collins the Prime Minister in October? National/Act ... More >>

Balance Sheet Recessions, And The Government Debt Fix

Friday, 18 September 2020, 2:44 pm | Keith Rankin

Definition 'Balance sheet recession' is an innocuous name for a very big economic event. It represents a particular kind of contraction of a country's economy – or of the global economy – in which one of the most important laws of 'financial ... More >>

The Added-Worker Effect, In Economic Hard Times

Thursday, 10 September 2020, 3:41 pm | Keith Rankin

My MA thesis was about labour supply in New Zealand and Australia during the 1920s and 1930s, with particular reference to the 1930s' 'Great Depression'. More >>

Extending Democracy; A Path-Dependent Process

Wednesday, 2 September 2020, 4:34 pm | Keith Rankin

In practice, democratic political reforms are usually incremental, though typically seen as part of a process leading to wider and more embedded improvement. Reforms are 'evolutionary' – indeed, in a technical sense – in that they improve the More >>

The Two Policy Silos: Reserve Bank And Treasury

Thursday, 27 August 2020, 4:28 pm | Keith Rankin

Macroeconomic Policy Macroeconomic policy is largely the art or science of the governance of economic imbalance. Some of the words that indicate imbalance are 'recession', 'inflation', 'deflation' and 'contraction'. Another word, 'stagflation', represents ... More >>

Epidemic Costs And Responses: Coronavirus And Tuberculosis

Thursday, 20 August 2020, 4:21 pm | Keith Rankin

Early Identification and Action We are now learning, from Covid19, one thing above all else. With epidemics, it is early identification and action that matters. When our Prime Minister, Jacinda Ardern, says that New Zealand's government approach is ... More >>

Messaging And Masks

Thursday, 13 August 2020, 4:36 pm | Keith Rankin

Jacinda Ardern is Prime Minister for a good reason. She is an excellent communicator. She got the message about mask-wearing almost bang-on in her speech yesterday. She was correctly reported as saying: Aucklanders should use a mask if they leave the ... More >>

Money: Where Does It Come From, Where Does It Go?

Tuesday, 11 August 2020, 5:15 pm | Keith Rankin

"I think you have to recognise money comes from somewhere. It doesn't just come from a big money tree." Judith Collins 2020 "Someone has to pay the bill – there aren't little pixies at the bottom of the garden printing cash." ... More >>

Counting The Cost Of Government Action And Inaction

Thursday, 6 August 2020, 4:13 pm | Keith Rankin

Money as an Unfortunate Metaphor for Cost Especially but not only in election years, when any new policy is proposed by a major party, a ubiquitous refrain follows: "what will it cost?"; "where will the money come from?". The context is ... More >>

Rob Muldoon And Judith Collins

Friday, 31 July 2020, 11:46 am | Keith Rankin

Rob Muldoon was a pugnacious and abrasive prime minister of New Zealand who was treated unkindly by commentators – and even historians – in the aftermath of his period in office (1975 to 1984). Hopefully, future historians will treat him ... More >>

Optimising Work-Life Balance In The Wake Of Covid-19

Friday, 24 July 2020, 1:23 pm | Keith Rankin

Changing Income-Relaxation Balance as a sequence of Pie Charts On June 30 ( Chart Analysis on Evening Report ) I promised to elaborate on the economic policies that would underpin the new optimisation of work-life balance. I argued that economic ... More >>

Universal Basic Income: Left, Right, And Centre

Thursday, 16 July 2020, 11:24 am | Keith Rankin

1. Representative Democracy On 26 June, I attended a zoom webinar called 'Modern politics – 20thC to MMP', run by Auckland Libraries and The speakers were politics' academics Grant Duncan and Toby Boraman, from Massey University. Duncan ... More >>

Duty Of Care And Economic Citizenship

Tuesday, 7 July 2020, 9:38 am | Keith Rankin

Three Citizenships The concept of 'citizenship' has both general and specific meanings. The most specific and familiar I call passport citizenship . A passport citizen of a country is a person holding a passport for that country, or with unambiguous entitlement ... More >>

Green Party Tax-Benefit Policy Is Not Helpful

Thursday, 2 July 2020, 4:49 pm | Keith Rankin

Socialism versus Progressive Capitalism I was disappointed that the Green Party continues to reject a distributive Universal Basic Income (UBI) in favour of a redistributive and polarising Guaranteed Minimum Income (GMI) model. GMI is the antithesis of UBI. More >>

Imagination, Science, And Day-to-Day Magic

Friday, 26 June 2020, 12:18 pm | Keith Rankin

Fundamental Magic The fundamentals of existence are difficult to explain, which is why we need to fall back on abstract 'creators'; ie beings sufficiently abstract that they themselves do not need to be explained. Here is my big three list of origin ... More >>

Foreign Lives Matter

Tuesday, 16 June 2020, 5:07 pm | Keith Rankin

Foreign lives matter, especially (but by no means only) when they are our foreigners. As intimated on 15 March 2019, our foreigners include all non New Zealand citizens in New Zealand, at a given point in time (the 'present'). And our foreigners include ... More >>

Goldmining As Our Metaphor For Economic Activity

Thursday, 11 June 2020, 5:44 pm | Keith Rankin

Imagery: Metaphors, Symbols, Analogies As a species, people use symbols to facilitate understandings of the complexities of the world. In the last millennium in Europe, the highest subjects of learning were 'classical studies' and 'theology'. It was ... More >>