Abstract
This paper is a response to “Assessing Income Adequacy in New Zealand”, by Edith Brashares. Despite the paper's claim to involve “empirical” assessment, her methods rely primarily on not very plausible assumptions. This paper reviews them, reaffirms the main New Zealand development of the assessment of income adequacy which the original paper all but ignored, and concludes with a brief discussion on the role of introspective analysis in economic science and social policy.
Notes
Economic And Social Trust On New Zealand, Wellington.