Posts by Gareth Ward
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Giovanni - banner ad top-rightish: http://www.thedailyshow.com/
It may actually just be a single download I suppose, don't have iTunes on this puter to check-a-check it out.
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It's strange how only the "Full episode" video's are unviewable but if you go through the Videos link at the top of the site you can watch all the segments individually.
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Ben - I just noticed on www.thedailyshow.com that there was a banner for free iTunes downloads of episodes.
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That means software, creative, hi-tech and professional services industries, not dairy and meat. There are a few things that help with that - oh, like R&D credits.
A good chunk of productivity comes with experience, learning and then shifting to a higher gear once you have the current level "inate" in your business/industry. In that sense, dairy and meat are very good candidates for high-productivity industries in NZ.
And there is a tension there between absolute productivity and relative sectoral productivity globally. If we can operate our dairy and meat industries as a global leader, there is benefit in that over being just an average software producer. -
Oh, also: I notice that Daily Show episodes are freely available on iTunes. Are they blocked as well?
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So claustrophobics have a greater transport policy weighting than agoraphobics huh? "Open roads are generally frightening places to even drive through – shades of JFK spring too readily to mind."
The Herald today has two relevant stories: Aussie banks' rates higher in NZ
That article really should have been entitled: Aussie banks' rates higher in NZ with explainable causes.
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Cool, thanks. He LOVES the art around our place and friends' so hoping he'll actually be pretty into it...
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Art Fair suitable to take a 9month old around? Or is it all a bit "quiet environment for contemplation"?
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I agree, hopefully someone in the wider media points out their historical hollowness.
Like I said, I have been unable to find empirical real-world evidence of cutting upper marginal income tax rates magically delivering productivity (which is what we need for growth in this country). The "rational" argument is along the lines of "people will work more cause they get to keep more of it". What a load of ass, I don't know of anyone that is going to change the way they work because the upper rate goes from 39% to 37% - the counterfactual has been demonstrated in the lack of a sudden drop in GDP from the increase in 99.The NZ Institute's paper suggests we move to gather more tax through things like property capital gains, and drop taxes on savings and productive investment. I'm all for both those, and would love for this "crisis" to become the flashpoint for a Government that will take big steps like that. Won't happen but
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Hate to be serious up in here, but 1. the argument for growth from a reduction in personal income taxes is over the medium-term rather than the shorter one, so no. And there is some argument that collecting taxes into Government to allow them to leverage it all up with debt and aim spending at the areas that need it would be more effective in a situation like this.
(Note, I find the argument for tinkering with the marginal upper income rates with the expectation that it's going to change people's productivity absurd and without any practical proof).The NZ Institute's paper (pdf) out in the last few days addresses that question. They actually suggest that it is the dropping tax revenue from tax cuts that is the most significant driver of our projected structural deficits, not increased spending. And against a persistently weak growth in GDP, that means not much moolahs for what we'd like to spend our tax dollars on.