So vast has become our welfare state, writes economist Tm Hazledine, that the money currently spent on targeted transfer payments would easily finance a Universal Basic Income of $1000 for every adult New Zealand resident. Tim Hazledine is Emeritus Professor of Economics at the University of Auckland Business School Opinion: My wishes for the New Year? Well, world peace, of course. And serious global action on the climate crisis. But I’ve also got a wish for something closer to home.
This is an election year in New Zealand. The parties will soon be unveiling their manifestos. And I worry that […]
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