Monday, 10 July 2023

"...New Zealand could hardly have developed as a high-income country."

 

"[I]f enterprise in 19th century New Zealand had operated under anything comparable to the legal requirements regarding conservation [and the environment] imposed on it today, and had it been confronted by comparably eager 'watchdog' groups [or political parties] anxious for their pound of flesh, New Zealand could hardly have developed as a high-income country. One need only reflect that the process of farm formation over much of the North Island, which involved burning down a large proportion of the bush cover, would have been quite impossible."

~ John Gould, from his 1985 book The Muldoon Years: An Essay on New Zealand's Recent Economic Growth

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