Member log in

Forgotten your password?

Liam Dann

The good, the bad and the ugly – NBR's plays of the week

NBR staff | Friday September 10, 2010 | 13 comments

Capitalism saves lives in Canterbury

The fact no one died when a massive earthquake struck a city of more than 300,000 people has been hailed as a miracle but luck was only a small part of it.

The timing of the quake, which hit at 4:35am when most people were indoors asleep, certainly played a part but most of the credit can be given to New Zealand’s (relatively) capitalist, free-market economy.