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Ganesh Rajaram Ahirao

@ganeshahirao.bsky.social

630 followers 110 following 660 posts

He/him/ia. Economist convinced that business-as-usual is not the answer. Have data & evidence. Applied to be academic, but didn't know secret handshake. Paid my dues as consultant, then public servant. Now back in comfort zone of cricket and spreadsheets.

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · Aug 14

#nzpol

Make no mistake, this government knows full well what it is doing.

open.substack.com/pub/ganeshna...

Government on track to dismember the public sector

A plea to not believe one's own propaganda

open.substack.com

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 1h

... my inner voice is way, way more ... shall we say, colourful ...??

Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 1h

... continuing with my restrained voice ...

... the Venn diagram of anti-co-governance and anti-Māori wards votes would be ...🤔...

... sadly they deal out a lot of harm for the rest of us to cope with ... 💔😠 ...

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 8h

#nzpol

Introductory Accountancy ACCY101:

(A) Debts that are owed *to* us are *assets*.

(B) Debts that are owed *by* us are *liabilities*.

If you are selling (A), then you are selling our assets.

If you are selling (B), then yay😀 ... and good luck (yes, we'll need goof luck then!)

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 10h

#nzpol

... apropos of nothing in particular ...

... I continue to remain amazed and astounded at how sophisticated our economic understanding has developed over the past decade-and-a-half ...

🤔😢☹️😠😡

www.stuff.co.nz/dominion-pos...

Stuff

www.stuff.co.nz

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Reposted by Ganesh Rajaram Ahirao

Russell Brown @publicaddress.bsky.social · 2d

The NZ Drug Foundation has a major new report pressing the case for a replacement of the Misuse of Drugs Act 1975, which turns 50 this month. Thing is, its recommendations – for a complete realignment to health, not criminalisation and punishment, are ... drugfoundation.org.nz/topics/polic...

Safer drug laws

We need safer drug laws for Aotearoa New Zealand - our new report sets out a pragmatic, evidence-based way forward.

drugfoundation.org.nz

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 1d

Selling our inheritance, and leaving a crypto legacy💔.

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 2d

Haven't tried, but that is what they say! Good luck!

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 3d

And for threads ...

On the Substack app: Hard press on the thread and tap "Leave"

On the web: Click the three dots on the DM thread and select "Leave" from the menu

Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 3d

From Substack Help:

On the Substack app: Tap the message and select "Delete" (this removes it for both you and the person you're messaging)

On the web: Individual message deletion isn't available at this time

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 3d

#nzpol

Sigh ... bang bang bang (sound of my head against brick wall🤕).

Yet another morning with (bank) economists talking about recovery without once mentioning fiscal policy (incl govt spending).

What *do* they teach in economics classes these days?

www.1news.co.nz/2025/10/08/t...

'The fire of recovery needs more': What OCR cut is coming today?

The decision will likely be predicated on how badly the Reserve Bank thinks New Zealand's economic recovery is going.

www.1news.co.nz

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 3d

#nzpol

Yup, add this to your reading list.

Vocal vested interests distract us from the need for economic change newsroom.co.nz/2025/10/06/v...

Vocal vested interests distract us from the need for economic change

Opinion: Targets being pursued by the Govt depress more valuable economic activity and increase social stress, argues Rob Campbell

newsroom.co.nz

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 4d

Data and evidence always outweighs "reckons" ...

Cristina Deukett 🇧🇧+🇷🇴=🇳🇿 @artyfarty87.bsky.social · 4d

Earthlings!
@ganeshahirao.bsky.social & @bernardchickey.bsky.social cogently discusses topical economic issues. #nzpol #economics #unemployment #youth
www.youtube.com/watch?v=YpXx...

Mini Hoons for Tuesday, October 7

YouTube video by The Hoon

www.youtube.com

Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 4d

Don't understand ... infln rising to over 3pct, but still expect 2 more interest rate cuts from RB?

"Business expectations" incredulously inconsistent ... or are they just sending signal to RB to ignore inflation🤔.

Are they same "businesses" that roasted prev RB Gov for being soft on infln?🤔

Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 4d

Minimun wage? You sure? Thought that was just "guidance and advisory"😬.

Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 5d

Am waiting for RNZ (and others) to publish "Letter from 20 Economists"?

Or, would even settle for a precis of it.

Mind you, if they want an oped, they know where we live🤔.

But, not holding my breath😢.

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 5d

Awesome ... perfect ... in pictures ...

... precisely ... Treasury (and Govt) only see one tool in box

... has other tools, but don't want to use ...😢😠

bsky.app/profile/gane...

Guy Body @bodycartoon.bsky.social · 5d

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 5d

3/3

if people are not spending due to uncertainty, no job, fear of loss of job,

and businesses not spending as uncertain future demand,

then who is to break the circle? who needs to be circuit breaker?

... duh ...

it's called the government.

it's called *fiscal policy*

it's ECON101 ... sigh.

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 5d

2/3

"experts" need refresher ...

OCR cut won't ignite demand or spending, which is needed for business to have confidence to invest & create (good) jobs.

People need (good) jobs to have confidence to spend.

Business need confidence of future demand.

Yes there is circularity ...

... duh ...

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 5d

#nzpol 1/3

Wonder why all those "expert (bank) economists" are calling for more OCR cuts?

Remember, Reserve Bank's *sole* job is monetary policy to fight inflation.

Or, is RB allowed to change its target whenever it likes?

Presume role of fiscal policy wasn't in "expert's" economics degree. 🤔😠😡

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 6d

The G20 😬 ...

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 6d

Group of 20 economists ... "change course urgently".

Text of letter at link.

ganeshnana.substack.com/p/group-of-2...

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 6d

#nzpol

Group of 20 economists 😬..

"Not sound economics"

www.thepost.co.nz/nz-news/3608...

‘Not sound economics’: 20 economists slam government’s economic strategy

The signatories – including former Productivity Commission chair Ganesh Nana and economist Susan St John – say the Government’s fiscal approach has worsened the recession, weakened public services, an...

www.thepost.co.nz

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 7d

As a student of a social science, i have collated recent obsevations and made a (qualitative) finding:

It is wet outside☹.

Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 9d

#nzpol

The least-wealthy are being punished the most by education (student) loans🤔.

The powerful keeping the powerless in "their" place.💔😠

ganeshnana.substack.com/p/wealth-div...

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Ganesh Rajaram Ahirao @ganeshahirao.bsky.social · 10d

#nzpol

"... it is a cliche to talk about the rich getting richer, while the poor get poorer. But, ... we - as a nation - have seemingly become so immune to this utter failure of our economy and ... the dereliction of our duty to our people & communities."

open.substack.com/pub/ganeshna...

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