Eric is the Chief Economist at The New Zealand Initiative. With the Initiative, he has worked in policy areas ranging from freshwater management to policy for earthquake preparedness, and from local government to technology policy. He has recently focused on policy related to Covid-19 response. He served as Lecturer and Senior Lecturer in Economics at the Department of Economics & Finance at the University of Canterbury from 2003 through 2014.
Eric’s columns and commentary appear regularly in New Zealand’s major media outlets, as well as on his blog, Offsetting Behaviour. He can also be found on Twitter at @ericcrampton.
Phone: +64 4 499 0790
Government sometimes cannot stop itself from providing bailouts when risk-taking goes wrong. This kind of ‘free’ insurance policy leads to no end of bad outcomes. Read more
1.1 This submission on the Smokefree Environments and Regulated Products Amendment Bill (No 2) is made by The New Zealand Initiative, a think tank supported primarily by chief executives of major New Zealand businesses. The Initiative undertakes research to contribute to the development of sound public policies in New Zealand to help create a competitive, open and dynamic economy and a free, prosperous, fair, and cohesive society. Read more
In this episode, Eric and Ben Hamlin, Barrister at Clifton Chambers, explore how government policies and regulations can unintentionally stifle competition in New Zealand, affecting everything from healthcare to supermarkets. They discuss the challenges posed by current laws, particularly the 'Crown exception' in competition law, and propose reforms aimed at creating a more competitive economy, including regular reviews of competition restrictions and greater justification for government-imposed market limitations. Read more
On August 15, we hosted our second The Health Innovators’ Summit. This was a day event that brought together politicians, members of The New Zealand Initiative, professional health associations, and senior journalists to learn about innovative solutions for better healthcare in New Zealand. Read more
Sometimes bad policy is good politics. At least over relevant political time horizons. Read more
There are a couple of ways to solve a problem like the Court of Appeal’s ruling that four Uber drivers are employees rather than contractors. Either of them would work. Read more
In this episode, Oliver, Michael and Eric discuss the recent elections in two eastern German states, Thuringia and Saxony, where far-right and populist parties like the AfD and BSW gained significant ground, while traditional mainstream parties performed poorly. They explore the reasons behind this political shift, including frustrations with immigration policies, economic challenges, and nostalgia for the former East Germany, while also examining the broader implications for German politics and drawing lessons for other democracies about the dangers of ignoring citizens' legitimate concerns. Read more
1.1 This submission in response to the Commerce Commission’s Consultation Paper Retail Payment System: Costs to businesses and consumers of card payments in Aotearoa New Zealand1 is made by The New Zealand Initiative (the Initiative), a think tank supported primarily by major New Zealand businesses. In combination, our members employ more than 150,000 people. Read more
Classic-era Simpsons episodes may not have had the solutions to all of life’s problems, but they did get a few things right. Be sceptical of monorail salesmen. Read more
A Bargain Chemist in Upper Hutt has been unable to dispense prescriptions since it opened in 2022. Its website simply notes “Prescriptions not currently available”. Read more
Captain Williard’s response to Colonel Kurtz’s question about his methods, in Apocalypse Now, is among the most classic lines in cinema. Kurtz, who had clearly gone mad, asked Willard whether Willard saw Kurtz’s methods as unsound. Read more
Our Chief Economist Dr Eric Crampton talk to Jack Tame on Q + A about the ETS and the complexities of carbon pricing, emissions reduction strategies, and the balancing act between environmental and economic considerations in New Zealand's climate policy.
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In this episode, Eric Crampton and Sarah Hogan, Deputy Chief Executive at NZIER, discuss a new report estimating the social costs of alcohol in New Zealand at $9 billion, with a focus on how such figures are calculated and used in policymaking. They explore the challenges of accurately attributing costs to alcohol, debate the effectiveness of targeted interventions versus broad policies, and emphasize the importance of addressing first-order problems like fetal alcohol spectrum disorder while ensuring cost-effective approaches to reducing alcohol-related harms. Related links: Eric’s summary of the OIAs on the Stage One review of the Alcohol Levy The OIA correspondence for the Stage One review OIA for early drafts of the NZIER alcohol cost study, request of Dylan Firth, Brewers Association To listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
Canada’s devolution of health services to First Nations provides a strikingly different way of thinking about localism, according to Dr Eric Crampton, Chief Economist with the New Zealand Initiative. “Canada’s central government has long provided, under treaty, a ‘medicine chest’ of funded services to First Nations peoples. Read more
Wellington (Wednesday, 14 August 2024) - Canada’s devolution of health services to First Nations provides a strikingly different way of thinking about localism, according to Dr Eric Crampton, Chief Economist with The New Zealand Initiative. “Canada’s central government has long provided, under treaty, a ‘medicine chest’ of funded services to First Nations peoples. Read more