Thursday 26 July 2018

Risks we don't even know about

Isn't it great that MBIE's out there, protecting us from risks that we don't even know about?

If only someone were out there protecting us against the risk of MBIE safety campaigns that manifestly fail cost-benefit assessment.

Treasury used to do that job, but since they kinda stopped hiring economists, they have had to save their trained economists for deemed-more-important work, like inventing wholecloth entirely new budgetary frameworks to account for living standards.

Our report on the scaffolding regulations is here; NZIER's confirmation that things were at least as bad as we thought is here.

And my critique of Treasury's hiring practices is in tomorrow's NBR.

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