Dr Michael John Schmidt: Reserve Bank of New Zealand moving beyond its remit into Identity Politics

Critics of "diversity, equity, and inclusion programs" (DEI) highlight that determining the realised value of DEI, of preferring staff according to their immutable characteristics e.g., race, sex, or gender, may be biased, complex, and context dependent. Rarely acknowledged and almost never reported is that DEI initiatives can be costly, problematic, or illegal.