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Alfred Marshall and Economics 101

Born on July 26, 1842, Alfred Marshall gave us the modern language of price theory: supply, demand, elasticity, surplus. Marshall’s famous “scissors” model—where prices emerge from the intersection of supply and demand—became the foundation of microeconomics. If you...

Managed Retreat

There is a bit of chatter from the bureaucracy that the solution to big weather events is to make people move away from their homes. Whole towns such as Westport and Opotiki are in the firing line with a message that they should move to higher ground.. At least one of...

Valentines Day Spending

The ANZ reports There is likely a range of views out there about whether Valentine’s Day spending is a luxury or a necessity, but either way, ANZ card spending at jewellers and florists saw its usual jump leading up to and on Valentine’s Day, 14 February. The data...

Rangiuru Business Park update

Elected Members of the Regional Council and Quayside met at the Rangiuru Business Park site today. The interchange across the TEL is set to open next Friday so we took the opportunity to get a view from from the bridge. Exciting developments are underway with all...

Prediction -Technology

In my predictions for 2025 I suggested AI would be the Technology story for 2025. This has proved the case even before we are out of January. The Associated Press reports today that “A frenzy over an artificial intelligence chatbot made by Chinese tech startup...