• Circular Flow: Drawing Further Inspiration from William Harvey 

      Rankin, Keith (2012)
      The simple flow model presented here differs markedly from the standard presentation, and draws its inspiration directly from the human body (or at least its upper half) in the spirit of Quesnay and Phillips.6 It its core ...
    • Flat tax in New Zealand : unemployment and social security taxes 1930-70 

      Rankin, Keith (New Zealand Association of Economists (NZAE), 2016-06)
      With the concept of a Universal Basic Income (UBI) being mooted this year as an important reform that can facilitate our adaption to a flexible work-world characterised by short-term contracts, inequality and automation, ...
    • From universal basic income to public equity dividends 

      Rankin, Keith (Auckland University of Technology, Policy Observatory, 2018-03-06)
      In 1991 I wrote advocating ‘a universal tax credit available to every adult – the Universal Basic Income (UBI) – and a moderately high flat tax rate’. In 1996 I started to develop these ideas into a “social accounting ...
    • Krugman on the malaise of modern macro: Critique without alternative 

      Rankin, Keith (ANU College of Business & Economics, 2010-01-01)
    • Placing nations' sectoral surpluses and deficits into their global context 

      Rankin, Keith (New Zealand Association of Economists (NZAE), 2015-07)
      This statistical presentation builds on previous papers (Rankin 2014a, 2014b) which explore the literature of financial balances. Using current account and general government net lending, the paper analyses private sector ...
    • Public equity and tax-benefit reform 

      Rankin, Keith (Auckland University of Technology, 2017-12-13)
      In this report Keith Rankin, economist at Unitec Institute of Technology, outlines an alternative approach to public accounting, deriving from principles of public equity. He argues for reframing our current system of taxes ...
    • Reconceptualisation of income tax graduation as public equity 

      Rankin, Keith (New Zealand Association of Economists, 2018-06)
      A 'Universal Basic Income' in 2016 became a genuine policy option for a major political party (Labour) in New Zealand. It is thus a concept – like negative income tax – that requires more public understanding. In particular, ...
    • UBI as a reconceptualisation of income tax 

      Rankin, Keith (Scoop Publishing Ltd., 2016-03-23)
      I am worried that too much of the recent talk around the introduction of a universal basic income has been unhelpful. The concept – defined in 1991 – is still not understood by the politicians and journalists who represent ...
    • Universal Basic Income and income tax reform 

      Rankin, Keith (Auckland University of Technology, 2016-03-26)
      The New Zealand Labour Party is investigating, among other things, the adoption of a Universal Basic Income (UBI) as a means of ensuring reduced economic insecurity in the face of an increasingly precarious labour market.It ...
    • Using intersectoral financial balances to aid forecasting and policymaking 

      Rankin, Keith (New Zealand Association of Economists (NZAE), 2014)
      Use of macro-financial data to understand and predict economic cycles.
    • Welfare reform : changing the way we account for taxes and benefits 

      Rankin, Keith (2010)
      The issue of welfare reform is made difficult because of the boundaries we traditionally (yet implicitly) place between the tax system and the benefit system. To most economists, benefits are transfers, and transfers are ...