NZ in 1975

The left seem to hark back to 1975 as the high point for NZ. It was pre-Muldoon and pre-Rogernomics.

Our level of “economic freedom” in 1975 was judged to be 5.60 out of 10. Today it is 8.35, the third highest in the world.

So if we had stayed in that idyllic 1975 score of 5.6, what sort of economy would we have today?

We’d be ranked 145th in the world, alongside Ethiopa.

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