Making waves, and havens

The only thing worse than being attacked is being ignored, so it’s probably a good sign that people are now taking the time to criticise Inequality: A New Zealand Crisis. This is the latest such, from the Herald:

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11150603

Of course, inequality is not a zero-sum game, as the article claims. The point is that the last 30 years have seen most of the income growth go to the top; it has been (almost) a zero-sum game for those at the lower end! And so the question is, as the economy grows in coming decades, and more income is generated, how does New Zealand ensure that it is spread evenly?

It’s important also to make sure that the country, and its cities, are working for all, not just a few. But another article, describing Auckland as “the new Monaco” and a haven for the higher earners, raises questions about that.

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11150595

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