Don’t you need to analyse this in much more depth, including some reference to published literature and a summary of such debates in other counties? Also what is the case that poor economic advice was unethical? Is there any example you could give? The RBNZ’s mistakes were very costly, but I don’t see them as unethical. It had to make tough calls. Also, we saw with the recent Royal Society censorship of its members who spoke up for the scientific method that there is no reason to assume a body with that power to censure will not abuse it.
Don’t you need to analyse this in much more depth, including some reference to published literature and a summary of such debates in other counties? Also what is the case that poor economic advice was unethical? Is there any example you could give? The RBNZ’s mistakes were very costly, but I don’t see them as unethical. It had to make tough calls. Also, we saw with the recent Royal Society censorship of its members who spoke up for the scientific method that there is no reason to assume a body with that power to censure will not abuse it.