Pipe dream or quick fix? On the post-Covid allure of modern monetary theory

It’s an economic theory that advocates tout as a solution to governments’ debt crises, but critics warn is a recipe for hyperinflation. Either way, modern monetary theory is getting a lot more attention in the era of Covid-19. Two big economic ideas have captured the popular imagination during the Covid-19 pandemic: the universal basic income … Read more

The Bulletin: A day of concern about police overreach

Good morning and welcome to The Bulletin. In today’s edition: A day of concern about police overreach, budget to be announced today, and rules on tangi changed after pressure. Plenty of concerns have been raised about the powers that police will hold under enabling legislation for alert level two. The bill to make level two possible … Read more

The Bulletin: NZ faces future after extraordinary, historic day

Good morning and welcome to The Bulletin. In today’s edition: We’re going to level four by Wednesday night, Robertson massively expands economic package, and political parties put country above politics. As you might be able to imagine, there’s a bit of news to get through this morning. The effective shutdown of the country (which for clarity, … Read more