Forty years ago one of the most transformational governments in New Zealand history was sworn in. That government, led by the larger than life David Lange, who was accompanied by financial architect Roger Douglas, had the task of overhauling the country’s fragile economy.

Sitting in the inner sanctum of that government was Dr Michael Bassett, who became the Minister in charge of a run-down health service during an economic downturn. Sound familiar?

Dr Bassett has a unique perspective on the fourth labour government and the Muldoon led National government that preceded them. Those days saw rapid inflation, a wage and price freeze and a run on the currency immediately before the 1984 election. Rogernomics was the new Labour government’s fiscal response, as critical a part of their legacy as their introduction of our nuclear free legislation.

Since his political retirement Dr Basset has gone on to become one of our most important historians, with fifteen books to his credit, including multiple political biographies. And in 2018 he was appointed a Companion of the New Zealand Order of Merit (CNZM) for his services to history.

There is no one better placed to reflect on New Zealand’s greatest Prime Ministers.

And he has plenty to say about our recent governments, and some advice for the current coalition.

See omnystudio.com/listener for privacy information.