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Recent Posts
- Most host cities lose money on the Olympics – SEQ Olympics needs to be delivered cost-effectively
- Interest rates and inflation with Michael Knox, Chief Economist of Morgans
- ABC radio story on Hollywood blockbusters crowding out local productions featuring David Williamson and me
- ‘Hollywood Australia’ supported by generous tax credits and other government subsidies
- Post-JobKeeper viability a concern of many Qld businesses
Top Posts & Pages
- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- Most host cities lose money on the Olympics - SEQ Olympics needs to be delivered cost-effectively
- Top twenty largest cities and towns in Queensland by population
- A closer look at the surge in net interstate migration to Qld in September quarter 2020
- Qld has fallen to 5th place in rate of population growth among States & Territories
- Fiscal Stimulus with Fabrizio Carmignani - my latest Economics Explored podcast episode
- Outer-lying suburbs like Townsville's Deeragun the most fertile
- SEQ should note growing realisation the Olympics is a waste of money
- Qld artisan liquor and craft beer bill could be much more ambitious
- Most houses approved in one month in Qld since time of high interstate migration in 90s
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Blogroll
Tag Archives: costbenefitanalysis
The Precautionary Principle and COVID-19 – podcast conversation with Joe Branigan
The Precautionary Principle, which recommends an extreme “safety first” approach, is being used to justify the closure of state borders in Australia to deal with COVID-19. For instance, Justice Rangiah explicitly referred to a “precautionary approach” in his decision against … Continue reading
Posted in Uncategorized
Tagged cba, climatechange, coronavirus, costbenefitanalysis, covid-19, decisionmaking, economics, precautionaryprinciple, publicpolicy
3 Comments
State gov’t economic responses to COVID-19 podcast episode
In my latest podcast episode, I elaborate on my opening remarks to the Queensland Parliamentary Inquiry on the state government’s economic response to COVID-19 on Monday. Among other things, I mention Joe Branigan and Henry Ergas’s new Menzies Research Centre … Continue reading
Posted in Budget, Infrastructure, Macroeconomy, Uncategorized
Tagged budget, cba, coronavirus, costbenefitanalysis, covid-19, debt, deficits, economics, finance, fiscalpolicy, infrastructure, smallbusiness
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Picking winners – industry policy podcast chat with Craig Lawrence
With the Queensland Government willing to invest $200 million in Virgin Australia to keep its HQ in Brisbane, I thought it would be timely to record a podcast interview on investment attraction and industry policy more broadly. On Tuesday, I … Continue reading
Radical Uncertainty with Prof. John Kay CBE
Radical Uncertainty: Decision making for an unknowable future is a timely new book from eminent British economists Professor John Kay and former Bank of England Governor Lord Mervyn King. I recently interviewed Professor Kay about the book and our conversation … Continue reading
Coronavirus policy responses with Joe Branigan – latest Economics Explained episode
Last night I recorded an Economics Explained podcast interview with my good friend and former Treasury colleague Joe Branigan of Tulipwood Economics on the economic impact of coronavirus and the economic cost of responding to it. Use these timestamps to … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged australia, coronavirus, costbenefitanalysis, covid-19, economy, italy, nz, us
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City Infrastructure with Craig Lawrence – Economics Explained ep.26
At this stage, the official line is that Queensland’s local government elections will still go ahead on Saturday 28 March despite the coronavirus threat, although the Queensland Electoral Commissioner has told ABC Radio “Things could change…” (see this ABC News … Continue reading
Posted in Infrastructure, Uncategorized
Tagged activetransport, bridges, brisbane, capex, cba, costbenefitanalysis, crossriverrail, discountrate, economics, externalities, infrastructure, kangaroopoint, netbenefits, netpresentvalue, npv, opex, parks, traveltimesavings, tunnels, widereconomicbenefits
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Podcast highlights – Quiggin on climate change, Gruen on digital public goods, and others
My latest Economics Explained episode presents highlights from the podcast in 2019, including UQ’s John Quiggin on climate change, Lateral Economics’s Nicholas Gruen on digital public goods, and RMIT’s Leonora Risse (currently a fellow at the Harvard Kennedy School) on … Continue reading
Posted in Climate change, Industry policy, Uncategorized
Tagged behavioraleconomics, climatechange, costbenefitanalysis, economicdevelopment, facebook, genderpaygap, gigeconomy, google, innovation, Media, nobelprize, personalfinance, publicgoods, randomizedcontrolledtrials, taxavoidance, uber, upwork
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Sunstein’s Cost-Benefit Revolution is recommended reading
While economists often lament that governments don’t use cost-benefit analysis enough, Harvard Law Professor and former US regulatory czar Cass Sunstein offers a much more optimistic perspective in his excellent 2018 book The Cost-Benefit Revolution, which I’ve only just got … Continue reading
Posted in Uncategorized
Tagged asthma, cba, cfc, costbenefitanalysis, defence, rct, regulation, rookwoodweir, zara
8 Comments
Economics of infrastructure interview with Craig Lawrence of Lytton Advisory
I spend much of my spare time listening to podcasts, including EconTalk, Planet Money, and the Tim Ferriss Show among others, and I’ve often thought it’s about time I start my own podcast. Over the last month or so, I’ve … Continue reading
Posted in Infrastructure, Uncategorized
Tagged cba, costbenefitanalysis, crr, infrastructure
3 Comments