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Murray Grimwood marshalls his best insults against economics, accusing it of being nothing more than a religious cult. He prefers alternate apostles for his reality. Your view?

Murray Grimwood marshalls his best insults against economics, accusing it of being nothing more than a religious cult. He prefers alternate apostles for his reality. Your view?

Equity markets in the US closed down for the week with the DOW at -3.0% and the S&P and Nasdaq both around -3.9%; NZD traded from 0.6600 levels from last week’s open down to 0.6470 Friday against the USD; NZDAUD cross opened at 0.9200

Equity markets in the US closed down for the week with the DOW at -3.0% and the S&P and Nasdaq both around -3.9%; NZD traded from 0.6600 levels from last week’s open down to 0.6470 Friday against the USD; NZDAUD cross opened at 0.9200

DCReport's Terry Schwadron says by choosing to lead his faction rather than the US as a whole, Donald Trump should not be surprised this results in deep division

DCReport's Terry Schwadron says by choosing to lead his faction rather than the US as a whole, Donald Trump should not be surprised this results in deep division

Fathom Consulting's Brian Davidson sees firsthand how Indonesia is dealing with the problem of over-fishing, where self-interest can mean no-one eats

Fathom Consulting's Brian Davidson sees firsthand how Indonesia is dealing with the problem of over-fishing, where self-interest can mean no-one eats

Havard Halland and Justin Yifu Lin argue that multilateral finance institutions need to operate more like private investment organisations if they are to be effective in raising the long-term capital needed

Havard Halland and Justin Yifu Lin argue that multilateral finance institutions need to operate more like private investment organisations if they are to be effective in raising the long-term capital needed

Michael Littlewood argues Tax Working Group members must ask themselves whether KiwiSaver has lifted NZ's overall savings & if its tax subsidies are worth it

Michael Littlewood argues Tax Working Group members must ask themselves whether KiwiSaver has lifted NZ's overall savings & if its tax subsidies are worth it

Raw materials use to double by 2060 with severe environmental consequences, says OECD

Raw materials use to double by 2060 with severe environmental consequences, says OECD

Stephen Roach points to global and domestic factors aligning to push up US prices faster than the Fed may expect, vexing everyone in an interconnected world

Stephen Roach points to global and domestic factors aligning to push up US prices faster than the Fed may expect, vexing everyone in an interconnected world

Fathom Consulting's Andrew Harris channels Beatles songs to explain why understanding the Beveridge Curve is key what labour economics is all about

Fathom Consulting's Andrew Harris channels Beatles songs to explain why understanding the Beveridge Curve is key what labour economics is all about

The World Gold Council puts gold's position in the global financial system into perspective among all financial assets

The World Gold Council puts gold's position in the global financial system into perspective among all financial assets

Nikko's Peter Monson takes a look at China's milk powder scandal through an ESG lens to see what it takes to find investment opportuniity in these types of scandals

Nikko's Peter Monson takes a look at China's milk powder scandal through an ESG lens to see what it takes to find investment opportuniity in these types of scandals

Nouriel Roubini says the mystique of distributed-ledger technologies through 'decentralization' just a ruse to separate retail investors from their hard-earned real money

Nouriel Roubini says the mystique of distributed-ledger technologies through 'decentralization' just a ruse to separate retail investors from their hard-earned real money

The World Gold Council says that recent market volatility makes the case for having gold as part of an investment portfolio

The World Gold Council says that recent market volatility makes the case for having gold as part of an investment portfolio

Former Green MP and responsible investment advocate Barry Coates on the top 10 ways climate change and sustainability are changing our economic outlook

Former Green MP and responsible investment advocate Barry Coates on the top 10 ways climate change and sustainability are changing our economic outlook

Auckland Council economists found that property up to 500m from a train station gets a value boost, making the 'value catchments' smaller than expected. And the value uplift isn't everywhere trains service

Auckland Council economists found that property up to 500m from a train station gets a value boost, making the 'value catchments' smaller than expected. And the value uplift isn't everywhere trains service

EY's Matthew Hanley argues the Government should consider the design of a potential digital equalisation tax

EY's Matthew Hanley argues the Government should consider the design of a potential digital equalisation tax

The trade wars have focused China's policy makers on fast changes in their agricultural sector to catch up on productivity and food security

The trade wars have focused China's policy makers on fast changes in their agricultural sector to catch up on productivity and food security

An anti-corruption student media start-up says there’s an ugly underbelly to building a new life in Aotearoa, The Spinoff's Maria Slade reports

An anti-corruption student media start-up says there’s an ugly underbelly to building a new life in Aotearoa, The Spinoff's Maria Slade reports

US based indices are down over 4% which marks the third biggest weekly loss this year; CPI figures published well up on expectations this morning pushing the NZD higher to 0.6595; NZD is back trading above 0.9200 levels against the AUD

US based indices are down over 4% which marks the third biggest weekly loss this year; CPI figures published well up on expectations this morning pushing the NZD higher to 0.6595; NZD is back trading above 0.9200 levels against the AUD

We pay a lot in taxes of petrol and they are increasing fast. Russell Jones explains where how they are spent. Just don't ask about the GST issue

We pay a lot in taxes of petrol and they are increasing fast. Russell Jones explains where how they are spent. Just don't ask about the GST issue

MoneyHub's Christopher Walsh does a deep dive into the fee detail of using a credit or debit card for making overseas purchases and finds the best options - and some not-so-good ones

MoneyHub's Christopher Walsh does a deep dive into the fee detail of using a credit or debit card for making overseas purchases and finds the best options - and some not-so-good ones

With new rules and restrictions coming for red meat farmers, producers have little choice but to 'invest' in the hope consumers will start paying extra for sustainability - something they haven't shown they will do so far

With new rules and restrictions coming for red meat farmers, producers have little choice but to 'invest' in the hope consumers will start paying extra for sustainability - something they haven't shown they will do so far

Starting the week around 0.6600 NZDUSD sank to 0.6440 a 2.5 year low; NZDAUD pair is still bouncing around within recent ranges but closer to the bottom of our support area of 0.9050; US Dollar has been the strongest performer over the past 10 days

Starting the week around 0.6600 NZDUSD sank to 0.6440 a 2.5 year low; NZDAUD pair is still bouncing around within recent ranges but closer to the bottom of our support area of 0.9050; US Dollar has been the strongest performer over the past 10 days

Murray Grimwood, aka interest.co.nz commentator Power Down Kiwi, says NZ needs a strategic plan with all-party political support to achieve energy resilience

Murray Grimwood, aka interest.co.nz commentator Power Down Kiwi, says NZ needs a strategic plan with all-party political support to achieve energy resilience

Despite the obvious advantages of cost-benefit analysis, Diane Coyle says optimal efficiency is not always desirable, and the long-term benefits of an investment are not always clear from the start

Despite the obvious advantages of cost-benefit analysis, Diane Coyle says optimal efficiency is not always desirable, and the long-term benefits of an investment are not always clear from the start