Archive for November, 2008

State-Owned Enterprises In For A Shake-Up

November 27th, 2008

Some of the country’s biggest businesses - the state-owned electricity enterprises and other Crown entities - can expect a major shake-up under the new Govt. Deputy leader Bill English, who will take up the Finance portfolio and will also be the country’s first Minister for Infrastructure, says the country needs higher performance from these enterprises. [...]

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Can Keynesian Economics Save Us?

November 10th, 2008

JM Keynes was one of the 20th century’s most influential economists. He disputed the idea recessions are self-correcting. He made the argument it is quite possible for an economy to be in equilibrium with less than full employment, and high unemployment will depress demand, thus making an escape from recession difficult and slow. In his [...]

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