First pain, then gain...
New Zealand is a place of great natural beauty and resources, of pioneering immigrants from the Maori to the more recent settlers. They’re fierce, hardy, and strong, able to withstand challenges like the massive economic challenge they faced in the mid 1980’s. With their economy unraveling, they made huge, controversial changes, including doing away with farm subsidies and protectionist import controls.
At first, it hurt. A lot. But now, the farmers and the fishers, the people and the economy, are prospering. And they wouldn’t go back to subsidies, special interests, or support for manufacturers. Travel to New Zealand with scholar Johan Norberg to meet some amazing Kiwis and see how they blazed a trail to economic prosperity.
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Chapters
0:00 Introduction
2:38 Subsidies & Skinny Sheep
8:14 Controlled Economy
11:33 Rogernomics – Radical Reform
15:49 First Pain, Then Gain
19:37 Fishing Reforms - QMS
31:02 Maori
35:40 New Opportunities & Public Sector Reform
41:31 Empowering Normal People
45:11 Woolly Industry
51:11 Conclusion
