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Keith Rankin
Political Economist, Scoop Columnist
Keith Rankin taught economics at Unitec in Mt Albert since 1999. An economic historian by training, his research has included an analysis of labour supply in the Great Depression of the 1930s, and has included estimates of New Zealand's GNP going back to the 1850s.
Keith believes that many of the economic issues that beguile us cannot be understood by relying on the orthodox interpretations of our social science disciplines. Keith favours a critical approach that emphasises new perspectives rather than simply opposing those practices and policies that we don't like.
Keith retired in 2020 and lives with his family in Glen Eden, Auckland.
Keith Rankin - Latest News [Page 20]
Keith Rankin: Tax Reform - What Not To Do
Friday, 27 November 2009, 4:38 pm | Keith Rankin
The global financial crisis was caused, in large part, by excessive income inequality. With very high levels of inequality in an industrialised world (ie a world in which the rich make their profits by selling goods and services to the non-rich), the rich ... More >>
Keith Rankin: Use It or Lose It
Wednesday, 23 September 2009, 11:11 am | Keith Rankin
I have, in recent weeks, written a draft essay – Use It or Lose It – which uses a simple global model of creditor and debtor behaviour to explain not only the present global financial and economic crisis, but also the repeating nature of such crises. More >>
Revising our Statutory Public Holidays
Thursday, 2 July 2009, 1:01 pm | Keith Rankin
It is now Matariki, our indigenous New Year and mid-winter festival. Each year, there is increasing clamour for Matariki to be recognised with a public holiday. More >>
Rankin: Tax Cuts 2009-2011
Wednesday, 1 April 2009, 12:21 pm | Keith Rankin
Today, the first round of the National Government's personal tax cuts became effective, along with the raised employee ACC employee levies. There are three main areas of controversy. First, taxpayers with children will need to be earning at least $41,025 ... More >>
Controversy over National tax cuts: clarification
Friday, 12 December 2008, 9:48 am | Keith Rankin
In my Scoop article Controversy over National's tax cuts (http://www.scoop.co.nz/stories/HL0812/S00214.htm) I inadvertently suggested that the fiscal cost of extending the Independent Earner Tax Credit (IETC) in 2011 into the $14,000 to $24,000 income bracket would be only ... More >>
Controversy over National's Tax Cuts
Thursday, 11 December 2008, 11:57 am | Keith Rankin
Listening to the tax debate in Parliament today (10 December 2008), most of the controversy has been about the lower threshold ($24,000) for the proposed Independent Earner Tax Credit (IETC). The IETC will be $520 per year ($10 per week) from April 2009 ... More >>
Keith Rankin: MMP - The Electorate MP Rule
Tuesday, 11 November 2008, 9:27 am | Keith Rankin
Once again, MMP has delivered a nicely weighted result. Voters wanted change, and they got change. And once again, the leading single party fell well short of 50% of the vote, placing the new centre-right government on a path that requires National ... More >>
Helping the Newly Unemployed in the Recession
Friday, 7 November 2008, 8:39 am | Keith Rankin
Last week, Labour and National announced proposals to assist some persons who lose their jobs as a result of the 2008 recession which is being exacerbated by the global financial crisis. More >>
Keith Rankin: Reasons to vote Green
Monday, 20 October 2008, 4:17 pm | Keith Rankin
Many New Zealand voters would like to see a change of government. The present Labour-led government is past its used-by date. More >>
National's 2008 Tax Reform
Friday, 30 May 2008, 10:43 am | Keith Rankin
John Key, in his recent statements, talks not merely of tax cuts, but of more widespread changes to the structure of personal income tax. Thus, he is (or at least he says he is) planning tax reform, and not merely a lowering of average tax rates under ... More >>
Kiwi Saver: is it good public policy?
Wednesday, 16 April 2008, 10:28 am | Keith Rankin
For a variety of reasons, there has been a call in recent years for New Zealand households to save more of their disposable incomes. Kiwi Saver is the government's answer to this call. Benefits are supposed to accrue to the New Zealand economy as a whole ... More >>
Keith Rankin: PC
Friday, 11 April 2008, 1:34 pm | Keith Rankin
Something very disquieting is happening in Aotearoa. It appears to be a virulent new strain of political correctness. We could call this "acquired PC syndrome", or something similar. More >>
Keith Rankin: The FTA and the Economic Good
Monday, 7 April 2008, 4:34 pm | Keith Rankin
Helen Clark (eg TV1 News, morning of 31 March) claims that the benefits of the forthcoming free trade agreement with China will be a $200m "injection". Many will interpret this as meaning a $200m improvement in the balance of payments through increased ... More >>
An imminent recession? Be prepared.
Thursday, 20 March 2008, 2:31 pm | Keith Rankin
To ask the question "Is a recession imminent?" is much like asking a meteorologist whether we should expect a "weather bomb". The answer will be "yes, sometime", But she would not be able to say when the bomb will strike. More >>
Keith Rankin: Understanding the Housing Market
Tuesday, 19 February 2008, 11:14 am | Keith Rankin
Helen Clark and many others see affordable housing as one of the big political issues of 2008. Unfortunately her thinking about the issue errs in two main respects: she sees the problem as one of a lack of supply of houses, and she equates "affordable ... More >>
Keith Rankin: Cheaper better Protection Orders?
Tuesday, 28 August 2007, 10:12 am | Keith Rankin
The matter of non-violence protection orders has hit the news again, but not in a way that any of the issues can be easily resolved. More >>
The Reserve Bank's Unfortunate Experiment
Friday, 22 June 2007, 11:09 am | Keith Rankin
On a trade-weighted basis, the New Zealand dollar has hit 74.5 (6pm, June 21), above the 74.3 peak prior to the June 11 intervention. More >>
Rankin: The Reserve Bank's Unfortunate Experiment
Friday, 22 June 2007, 11:00 am | Keith Rankin
On a trade-weighted basis, the New Zealand dollar has hit 74.5 (6pm, June 21), above the 74.3 peak prior to the June 11 intervention. If New Zealand has interest rates higher than just about everyone else's (as it currently does), foreign savings are ... More >>
Keith Rankin: NZ's Economic Pressure Cooker
Monday, 11 June 2007, 3:17 pm | Keith Rankin
The $NZ climbed to 76.5 US cents over the weekend. Yet Reserve Bank Governor Alan Bollard remains in denial mode (NZ Herald story Bollard: Don't blame my rate rises for the high-flying dollar). More >>
Dominion Day Centenary, 26 September 2007
Tuesday, 5 June 2007, 3:07 pm | Keith Rankin
New Zealand needs a New Zealand Day holiday separate from Waitangi Day, as Peter Dunne has acknowledged and sought to bring about. Further, New Zealand needs a holiday in the first month of spring, when the kowhai is in flower, tui are singing, and ... More >>
