UBI

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

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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: Auckland gets Waikato water, but long-term issues remain

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Good morning and welcome to The Bulletin. In today’s edition: Agreement reached in principle for Auckland to take Waikato water, beneficiary debt to MSD balloons, and Opportunities Party lose candidate in key seat. An agreement has been reached in principle for Auckland to take water from the Waikato River. As Radio NZ’s Jordan Bond reports, it is an … Read more