We are being robbed. Constantly robbed. And it is the expense of the earners who catch two buses to work early in the morning for a low paid job. We can work out that the public is losing at least … Continue reading
Anyone notice that 20-22% of schoolchildren in New Zealand are hungry every day? What has this to do with the recent sale by Auckland Council of the most valuable property in the country to a private company, Precinct Properties? Well, … Continue reading
A NEW ECONOMIC MODEL A total transformation of the money and tax system is required to address the multiple crises we face. We need a new economic model that works for all Life. We want a political economy designed to … Continue reading
At the end of 2014 we published a blog asking Why our are farmers farming for capital gain? In it Andrew Gawith, then Director of Gareth Morgan Investments described the economics of farming in New Zealand as ‘speculative’ as the … Continue reading
It’s a strange paradox. There is a professor of economics John T Harvey who writes a lot on the fallacy of “getting rid of the deficit.” It seems it is his mission in life to educate politicians that the government’s … Continue reading
Book Review by Peter Healy, Marist Priest of Otaki This Changes Everything, Capitalism vs the Climate by Naomi Klein, 2014, $37 This is a comprehensive and timely book. Klein says in part one, “If there has ever been a moment … Continue reading
When you have your money in a bank, the money is legally no longer yours. It belongs to the bank and you become an “unsecured creditor”. This is the legal situation and it has been confirmed by the Reserve Bank … Continue reading