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Showing posts with label Economic rationalism. Show all posts
Showing posts with label Economic rationalism. Show all posts

Wednesday, September 10, 2025

Barrie Davis: Socialism or Rationalism?


I have become increasingly aware of a global Black Hole regarding an explanation for the changes to New Zealand’s constitutional direction. Mention has been made on Breaking Views of the United Nations and the World Economic Forum. It is concerning that specifics are lacking in the mainstream media and moreover we do not get to vote for the people in these global organisations.

Saturday, September 7, 2013

Robert Carling: An economic rationalist's guide to the Australian election


Just as the truth is the first casualty of war, principled policy is the first casualty of election campaigns. Even in Australia's era of 'economic rationalism' that ended a long time ago, the economic dries took a back seat role during election campaigns (the Hewson-led Liberal campaign of 1993 being the exception). In the 2013 campaign, however, the dries are not just in the back seat but locked away in the boot, and it is not at all clear that they will be allowed out after the election regardless of who wins.

Economic rationalism cannot be tightly defined, but broadly speaking it is a set of beliefs in free markets and the price mechanism; a minimum of regulation; openness to trade and investment; raising government revenue through broad-based and neutral taxation; subjecting public investment proposals to rigorous cost-benefit analysis; and wrapping all of this in fiscal discipline.