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Open mike 13/02/2021

Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the Policy). Step up to the mike … ....

Mahia Peninsula , New Zealand General , New Zealand , Glasgow City , United Kingdom , United States , New Moon , South Auckland , Australian Capital Territory , New South Wales , Saudi Arabia , Sea Cliff , University Of The South Pacific , Samoa General , New Zealanders , Saudi Arabian , New Zealander , Megan Woods , Joel Little , Steve Braunias , Alamunjoan Fleming , Nicholas Wood , Jacinda Ardern , Spinoffby Joan Fleming , Suzanne Mcfadden , Dominic Godfrey ,

Must New Zealand Pay Back All This Public Debt?

Written By:
advantage - Date published:
9:34 am, December 20th, 2020 - 22 comments
New Zealand like most countries across the world in the last year, has gone deeper and deeper into public debt.
It’s pretty clear that the New Zealand government’s response to economic crisis from lockdowns and global trade crashes by spending tonnes of debt money has been extremely effective.
Yet for some, it’s simple: debts must always be paid back.
We can still remember how Greece was treated by Germany during the GFC: pay the public debt you owe to us, and suffer.
Surely our huge new debt means taxes have to get raised in the future? ....

Hawkesbury River , New South Wales , New Zealand , Vanua Levu , Fiji General , Northern Mariana Islands , Flinders University , South Australia , South Auckland , New Zealand General , Northern Division , Australian Capital Territory , New Zealanders , Portia Woodman , Emile Donovan , Dianne Cook , Jessie Chiang , Helen Steemson , Spinoffby Michael Hall , Steve Braunias , Farkhondeh Hassandoust , Joe Biden , Nadine Anne Hura , Sharon Brettkelly , Tony Walker , Michael Joseph ,

Open mike 20/12/2020

We have won so far because geographical isolation gave us about a week of decision-making space to lock down hard.
The extra week was helpful – but much more important was being prepared to make that decision to lock-down hard. The Tory party would have been incapable of such a decision no matter how many extra weeks they were handed – and that was Ed s point. A National government here would have (most likely) been unable to make that decision. Scomo looked like he wasn t capable of that decision – but fortunately state premiers took it out of his hands. It took some guts to defy the belief of the most powerful sectors of society that they have an unfettered right to ongoing capital accumulation under all circumstances. Ardern had the guts and humanity to do it. However this remarkable effort at kicking business into line looks like it was just a one-off. ....

Hawkesbury River , New South Wales , New Zealand , Vanua Levu , Fiji General , Flinders University , South Australia , South Auckland , New Zealand General , Northern Division , Australian Capital Territory , New Zealanders , Nathan Smith , Portia Woodman , Emile Donovan , Dianne Cook , Jessie Chiang , Helen Steemson , Spinoffby Michael Hall , Steve Braunias , Farkhondeh Hassandoust , Joe Biden , Nadine Anne Hura , Sharon Brettkelly , Tony Walker , Michael Joseph ,

The Malthusian Spectre

Population has always been a critical driver of events and prior to the Industrial Revolution we lived in a zero sum world, with energy and resources effectively limited to that which could be harvested from photosynthesis, one person’s gain was at the limit, always someone else’s loss. Very low density hunter gather populations could thrive (often quite nicely) because they rarely approached their local resource limits, but the invention of agriculture changed this dramatically. The next 10,000 odd years of recorded history is a long story of
local competition for fundamentally constrained opportunities.
There were only three ways to survive and dominate, use what you had more efficiently, take what someone else already had, or move to somewhere not yet occupied. One drove warfare, conquest and empire, the other drove innovation and intensification … yet the diffuse and intermittent nature of sunshine and climate imposed a strict zero sum game on both of these stra ....

Hawkesbury River , New South Wales , New Zealand , Vanua Levu , Fiji General , Northern Mariana Islands , Flinders University , South Australia , South Auckland , New Zealand General , Northern Division , Australian Capital Territory , New Zealanders , Portia Woodman , Emile Donovan , Dianne Cook , Jessie Chiang , Helen Steemson , Spinoffby Michael Hall , Steve Braunias , Farkhondeh Hassandoust , Joe Biden , Nadine Anne Hura , Sharon Brettkelly , Tony Walker , Michael Joseph ,

Daily review 18/12/2020

A great read Robert, thanks.
This idea of the gift economy is deeply culturally bound in Asia, where at least twice a year families gather, and gifts, usually of money are exchanged. The head of the family (usually a grandmother) gets the bulk of the serious giving, and status is attached to generosity to her. Children also receive gifts, for which they bow to the responsible relative. One need not give gifts, but if not you lose the opportunity to gain status, and the children will not bow to you. Grandmothers often recycle some of their gifts to the grandchildren or single adolescents. Governments also understand that they are expected to deliver, and a lack of delivery is accompanied by a corresponding lack of respect. ....

Hawkesbury River , New South Wales , New Zealand , Vanua Levu , Fiji General , Flinders University , South Australia , South Auckland , New Zealand General , Northern Division , Australian Capital Territory , New Zealanders , Nathan Smith , Portia Woodman , Emile Donovan , Peter Martin , Dianne Cook , Jessie Chiang , Herbert Smith Freehills , Spinoffby Michael Hall , Steve Braunias , Farkhondeh Hassandoust , Joe Biden , Selwyn Manning , Jim Kayes , Spinoffby Alex Braae ,