Professor Robert MacCulloch: Are the reasons behind the Cook Straight Ferry Debacle at the Root of NZ's Cost of Living Crisis?....

Are the reasons behind the Cook Straight Ferry Debacle at the Root of NZ's Cost of Living Crisis? (Being a dearth of top shelf micro-economists in Wellington who can design incentive systems?)

Is State ownership, on top of the lawyers & accountants who've been running KiwiRail (being the just-resigned Chair & current CEO, who have law & accounting degrees, respectively) to blame for the Cook Strait ferry mess? Maybe not.