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Blogroll
Tag Archives: economics
The Deficit Myth and Modern Monetary Theory – latest podcast episode
I’ve recorded some thoughts on Stephanie Kelton’s best-selling book The Deficit Myth which is popularising so-called Modern Monetary Theory: The Deficit Myth and Modern Monetary Theory – initial views In my recorded conversation with my Adept Economics colleague Ben Scott, … Continue reading
Posted in Budget, Macroeconomy
Tagged australia, balancesheet, banks, bonds, centralbank, crowdingout, debt, deficits, economics, economy, fed, fiatmoney, inflation, mmt, modernmonetarytheory, money, qe, quantitativeeasing, rba, unemployment, usa
2 Comments
Catch up on COVID-19 with Joe Branigan
I fear that the draconian stage 4 restrictions in Victoria and Queensland’s re-imposition of the hard border with NSW are over-the-top, disproportionate policy responses that will cause unwarranted economic and social harm, both short and long-term. Earlier today, I chatted … Continue reading
Posted in Macroeconomy, Queensland Government, Tourism
Tagged australia, coronavirus, covid-19, economics, economy, employment, jobs, qld, queensland, sweden, uk, usa, victoria, work
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Challenges of Economic Forecasting in the COVID-19 Pandemic with Prof. Rodney Strachan from UQ
The Brisbane south side COVID-cases and the Queensland Government’s declaration of greater Sydney as a COVID-hot spot are bad news for Queensland’s economy. Around the world, public health measures and public anxiety related to COVID-19 are causing huge swings in … Continue reading
Posted in Macroeconomy
Tagged coronavirus, covid-19, econometrics, economics, employment, fed, finance, forecasting, gdp, pandemic, statistics, unemployment, var
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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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Opening remarks to Qld Parliamentary Inquiry on economic response to COVID-19
Yesterday I was part of a panel of economic experts consulted by the Queensland Parliamentary Inquiry into the state government’s economic response to COVID-19. The notes I used for my opening remarks are reproduced below. The proceedings were broadcast via … Continue reading
Posted in Budget, Health, Macroeconomy, Queensland Government
Tagged austerity, budget, cba, coronavirus, covid-19, debt, economics, fiscalpolicy, publichealth, regulation
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Working from home during & after the pandemic with Alison Pennington – podcast interview
Earlier this week I interviewed Alison Pennington, Senior Economist at the Centre for Future Work at the Australia Institute, about the opportunities and risks of working from home during this time of COVID-19. Alison has been getting a lot of … Continue reading
Posted in Productivity, Uncategorized
Tagged agency, coronavirus, covid-19, economics, gigeconomy, mentalhealth, newnormal, productivity, psychology, socialisolation, surveillance, upwork, wellbeing, whs, workingfromhome
2 Comments
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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John Quiggin’s Economics in Two Lessons – podcast interview
Earlier this week, I was fortunate to interview Professor John Quiggin regarding his book Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly. You can listen to the interview via Simplecast and major podcast … Continue reading
Posted in Uncategorized
Tagged blackswans, climatechange, coasetheorem, economics, innovation, opportunitycost, ubi, universalbasicincome
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Quiggin’s Economics in Two Lessons should be on ECON101 reading lists for decades to come
John Quiggin, the UQ Vice Chancellor’s Senior Fellow in Economics, has a new book out, Economics in Two Lessons: Why Markets Work so Well, and Why They Can Fail so Badly, which I can highly recommend. I’ve enjoyed dipping in … Continue reading
Posted in Uncategorized
Tagged bitcoin, clapton, dylan, economics, freemarket, marketfailure, markets, privatisation, quiggin
2 Comments