July 24, 2014
New Zealand’s Far-Reaching Reforms: A Case Study on How to Save Democracy from Itself
A little over two decades ago, New Zealand’s economy was in shambles. Inflation ran rampant, economic growth fell flat, and soaring public debt set new records. Today, New Zealand outscores almost every other country in the world, including the United States, in terms of overall prosperity, personal freedom, and good governance.
How did they do it? Under the leadership of two politicians from opposing parties, Sir Roger Douglas and Ruth Richardson, economic reality was embraced and tough political decisions were made. This case study tells their story.
The experience in New Zealand offers lessons for democracies everywhere that face fiscal, monetary policy, and ultimately political crises.
To read more click here.
Great Piece, This country along with Canada as well as Austrailia is where I want to purchase some stocks whose dividends are paid in their currencies. On another matter I told you to check the second chapter in Warren Brooke’s{The Economy In Mind} for the connection between Christianity and Capitalism in our country. I had not looked at it for years. Actually it is chapter 9[Goodnes AND THE GNP] He points out that The Sermon On The Mount is among other things a supply side argument.First comes the quest for God or moral understanding or pagen Virtue then production or supply.Seek and yee shall find. Kierkegaard spoke of the leap as does George Gilder. All of it requires faith. and from faith comes supply and goodness.Our government says first give people housing , food . and medical care and they will become good and great. AS usual they got it upside down. Regards, DavidP.S. I hope you can find Warren’s book. And Thanks for Gilder’s dissertation on Gold. You are in a dangerous part of the world so be carefull.
Date: Fri, 24 Jul 2015 11:18:30 +0000 To: parkerkef@hotmail.com
Please make a version in EPUB format. Not all of us use Amazon Kindles.
Dan,
Thanks. The Antigua Forum will be releasing a free .pdf version of the monograph in about 90 days (as per the contract with Amazon.) Meanwhile, you can get a free Kindle Reader app from Amazon.
Best,
Bill