Category Archives: macroeconomics

A resource-based perspective on immigration

Any debate on immigration has to consider the fixed natural resources that have to be spread across increasing numbers of citizens A recent article by Professor Spoonley at interest.co.nz  has laid out the demographic aspects of immigration. Spoonley illustrates how … Continue reading

Posted in macroeconomics, The economy, Uncategorized | 3 Comments

Can low interest rates really stimulate the economy?

Quantitative easing is surely driving down interest rates and in time will most likely lead to inflation. Whether this will stimulate the economy is much more problematic The current policy of the Reserve Bank is very clear.  It is to … Continue reading

Posted in macroeconomics | 5 Comments

Quantitative easing floods capital markets

The New Zealand Government is driving interest rates down through massive quantitative easing. That means they are creating lots of additional money. Capital markets are consequently flooded with available money looking for a home. A debate is needed as to … Continue reading

Posted in macroeconomics | 6 Comments