30 Nov 2018

Best features of 2018: the economists

From the collecton Your Money with Mary Holm

Jeffrey Sachs on inequality and sustainable growth

The United States is living through an inequality crisis which is distorting and weakening its society, says renowned economist Jeffrey Sachs.

Jeffrey Sachs at a media conference on the sidelines of the Asian Development Bank (ADB) annual board of governors meeting in Manila, 3 May, 2012.

Photo: AFP

Peter Temin: why the middle class is vanishing in the US

Total wealth held last year in the United States was almost $US63 trillion, almost treble the second richest nation - China with $US23 trillion. Despite that, one highly regarded economist says the US has regressed to "developing nation" status.

No caption

Photo: AFP / FILE

Michael Reddell: NZ should back its own people

Poor productivity is behind New Zealand's most persistent economic problems - and high levels of immigration aren't helping, says economist Michael Reddell.

View of colorful containers and cargo cranes in a port.

Photo: 123RF

Economist Ann Pettifor: 'The public are not stupid'

Change to our economic systems will only be possible when the general public are entrusted with the real facts, says Ann Pettifor, one of the few economists to predict the 2007-2009 Global Financial Crisis.

Ann Pettifor

Ann Pettifor Photo: Supplied

Richard Thaler: the nudge economist

The career of Professor Richard Thaler blossomed when he realised people do weird things not allowed for by economists. Last year he won the Nobel Prize for his contributions to behavioural economics, recognising the importance of the follies of human behaviour.

The 2017 Nobel laureate for Economic Sciences, Richard Thaler

The 2017 Nobel laureate for Economic Sciences, Richard Thaler Photo: AFP

Aaron McDonald - New Zealand missing the boat on blockchain

Blockchain-based privacy technology is the next big thing and New Zealand is well positioned to be a world leader, industry leader Aaron McDonald says.

Bitcoin

 Bitcoin relies on blockchain technology to prove who owns it at any given point in time. This means it doesn't have to be stored in or transacted through a bank, and is nearly impossible to steal.  Photo: (Photo by Andre Francois on Unsplash)

Dinny McMahon: China's Great Wall of Debt

We consider China an economic juggernaut, but much of its growth has been debt-fuelled. The Chinese economy now faces a number of threats, says financial journalist Dinny McMahon.

Buildings in China from below

Photo: Public domain

Tim Hazledine: time to give Kiwibank teeth

The profits made by the big four banks in New Zealand is a smoking gun for a market with not enough competition, an economist says. Some $5 billion flows from New Zealand to Australia every year, ANZ alone has made $2 billion from its New Zealand operation in the past year.

No caption

Photo: RNZ

Rod Oram: Fonterra needs change of culture under new board chair

Fonterra’s next chair will need to tackle poor performance and capital spending problems, business commentator Rod Oram says, by changing the co-op’s culture.

Fonterra milk truck

Photo: RNZ / Rebekah Parsons-King

Your Money with Mary Holm

Podcast - Mary always offers great advice to help Kiwis figure out their personal finances in a straightforward, easy-to-understand way, on her highly rated RNZ podcast.

Mary Holm

Photo: RNZ / Claire Eastham-Farrelly

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