As a quick overview, Chris Trotter, famous for his unblinkered view of free markets - that's irony, John Drinnan - opines how Fonterra’s problems this last week proves we can’t be unblinkered about free markets. No surprises there. Fran O’Sullivan; I respect Fran, but she does the statist misstep far too often, to which end I cite the near-nationalisation of Christchurch call after the earthquakes, then gender quotas in politics (fine) and legislated in private boardrooms (not fine), and now telling John Key that a full inquiry on Fonterra is the only option. Then one of my heroines has come out with this shocker:
Never thought I'd say this but the market doesn't work. Too many greedy egos.
— deborah coddington (@debcod) August 9, 2013
Fonterra exists only because of the support of the government, parliament and ultimately the New Zealand people – which gives all three the right to demand it performs a hell of a lot better than this.
John Drinnan - tick (not above, some sort of free hit on Twitter last night via John not being able to see into the depths from the shallows he must be writing his op-eds on).
US farmers - tick.
Statists and Gareth Morgan - tick.
Ireland - tick.
Oh, Deborah, I forgive ya ... this time. Outside of that, I've really got to start pushing some work through, so my blogging has to be scaled back for a little bit.