Adults in the Room by Yanis Varoufakis: My Impressions

Zeitung für Katzen

A while back, I had dinner with an old friend who works in the Wellington beltway. He had recently gained a small amount of publicity for a study into the then government’s 90 day “fire at will” employment policy. The Tories sold this to the public under the guise that it would create jobs by encouraging employers to take a chance on people.

My friend’s research showed that the policy failed to increase the hiring of workers. We then joked about how then Prime Minister John Key tried to dismiss his findings by  using anecdotal evidence!

I also remarked that it was fascinating that academic economic research tended to support many left-wing policy viewpoints in contrast to the right-wing framing of concepts presented at the level of ECON101. I saw it as a sign of the validity of the political left, much to the amusement of my…

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