The opening episode traces the intellectual and personal journey that gave birth to the idea of "Competitive Urban Land Markets" (CLM). It follows Chris Parker’s path from his early attempt at NZIER to broaden traditional cost–benefit models so they could capture the transformative effects of infrastructure investment, to his move into Auckland Council as Chief Economist, where he began to see high land prices not as signs of prosperity but as symptoms of monopoly and institutional failure.
The conversation explores how Parker’s challenge to the “compact city” orthodoxy led to professional isolation, the coining of the term CLM to communicate publicly without triggering entrenched interests in rising property values, and the emergence of a small, dissident circle of urban economists that quietly germinated a new paradigm. Later, at the invitation of The New Zealand Treasury, Parker joined central government to help redesign the national urban planning system.
The CLM framing marked a decisive turning point, from confusion to conceptual clarity, about the real cause of unaffordability and, crucially, how to chart a new pathway out of it. What began as a local heresy would become a world-leading insight: a framework that leapt ahead of state-of-the-art academic thinking and is now shaping global urban policy. The episode culminates in the seminal Treasury “chew session” with then-Finance Minister Rt Hon Sir Bill English, who, grasping the paradigm shift, declared that “clarity is now emerging from the mists”—the moment New Zealand’s housing debate found a new compass.
Related links:
Read the supporting advice for the famous Treasury "chew session" with Rt Hon Sir Bill English here: https://www.treasury.govt.nz/sites/default/files/2019-01/oia-20180476.pdf
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The opening episode traces the intellectual and personal journey that gave birth to the idea of "Competitive Urban Land Markets" (CLM). It follows Chris Parker’s path from his early attempt at NZIER to broaden traditional cost–benefit models so they could capture the transformative effects of infrastructure investment, to his move into Auckland Council as Chief Economist, where he began to see high land prices not as signs of prosperity but as symptoms of monopoly and institutional failure.
The conversation explores how Parker’s challenge to the “compact city” orthodoxy led to professional isolation, the coining of the term CLM to communicate publicly without triggering entrenched interests in rising property values, and the emergence of a small, dissident circle of urban economists that quietly germinated a new paradigm. Later, at the invitation of The New Zealand Treasury, Parker joined central government to help redesign the national urban planning system.
The CLM framing marked a decisive turning point, from confusion to conceptual clarity, about the real cause of unaffordability and, crucially, how to chart a new pathway out of it. What began as a local heresy would become a world-leading insight: a framework that leapt ahead of state-of-the-art academic thinking and is now shaping global urban policy. The episode culminates in the seminal Treasury “chew session” with then-Finance Minister Rt Hon Sir Bill English, who, grasping the paradigm shift, declared that “clarity is now emerging from the mists”—the moment New Zealand’s housing debate found a new compass.
Related links:
Read the supporting advice for the famous Treasury "chew session" with Rt Hon Sir Bill English here: https://www.treasury.govt.nz/sites/default/files/2019-01/oia-20180476.pdf
Unscrambling Government: Less confusion, more efficiency
The New Zealand Initiative
29 minutes 12 seconds
2 months ago
Unscrambling Government: Less confusion, more efficiency
In this episode, Oliver talks to Roger Partridge about his new report "Unscrambling Government," which proposes consolidating New Zealand's extraordinarily complex government structure from 81 ministerial portfolios, 28 ministers, and 43 departments down to a more manageable 15-20 portfolios with corresponding departmental consolidation.
They discuss how New Zealand's fragmented ministerial system creates accountability problems, increases fiscal costs, and hampers effective decision-making on critical issues like housing affordability, comparing unfavourably to other small advanced economies that operate with far simpler structures.
Read the report here: https://www.nzinitiative.org.nz/unscrambling-government-less-confusion-more-efficiency/
The New Zealand Initiative
The opening episode traces the intellectual and personal journey that gave birth to the idea of "Competitive Urban Land Markets" (CLM). It follows Chris Parker’s path from his early attempt at NZIER to broaden traditional cost–benefit models so they could capture the transformative effects of infrastructure investment, to his move into Auckland Council as Chief Economist, where he began to see high land prices not as signs of prosperity but as symptoms of monopoly and institutional failure.
The conversation explores how Parker’s challenge to the “compact city” orthodoxy led to professional isolation, the coining of the term CLM to communicate publicly without triggering entrenched interests in rising property values, and the emergence of a small, dissident circle of urban economists that quietly germinated a new paradigm. Later, at the invitation of The New Zealand Treasury, Parker joined central government to help redesign the national urban planning system.
The CLM framing marked a decisive turning point, from confusion to conceptual clarity, about the real cause of unaffordability and, crucially, how to chart a new pathway out of it. What began as a local heresy would become a world-leading insight: a framework that leapt ahead of state-of-the-art academic thinking and is now shaping global urban policy. The episode culminates in the seminal Treasury “chew session” with then-Finance Minister Rt Hon Sir Bill English, who, grasping the paradigm shift, declared that “clarity is now emerging from the mists”—the moment New Zealand’s housing debate found a new compass.
Related links:
Read the supporting advice for the famous Treasury "chew session" with Rt Hon Sir Bill English here: https://www.treasury.govt.nz/sites/default/files/2019-01/oia-20180476.pdf
