Thursday, December 02, 2010

Critical analysis for dummies

Mr Joyce denied the Government was out to kill the project, but said the $2 billion plus price tag was part of the reason the project would not get his blessings for a quick start.

"The cost is massive. Given the sheer volume and size of it, we surely need a little more critical analysis," he said.
D'accord; surely, if you were to spend that sort of money, you would want a critical analysis. But then:
The Government yesterday paid $1.775 billion - or $405 for every man woman and child in New Zealand - to take control of failed moneylender South Canterbury Finance's assets.

Humphreys and Keen:

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