Rising tides and sinking boats

Free trade agreements are the global political economy’s hottest topics at the moment, especially since a tariff-toting Donald Trump recently argued (to great political success) that the rising tide of global free trade wasn’t lifting all boats. While global economic growth has lifted many out of poverty, the benefits have been unevenly distributed, leading to increasing wealth inequality and stagnant wages for the middle-class in many parts of the world.

Inequality and wealth researcher Max Rashbrooke joins Bernard Hickey to discuss recent inequality trends here in Aotearoa, and to share an interesting idea he has to use KiwiSaver to jumpstart the personal wealth of every single New Zealander, right from the moment they are born.

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