Tag Archives: usa

Thoughts after first full day of Brisbane lockdown

Twenty-seven hours into it, I’m still doubtful about the wisdom of the Greater Brisbane lockdown, especially on a day when no new COVID community transmission cases were announced, and on a day when, bizarrely, our Premier appeared to celebrate her … Continue reading

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Cannabis Industry to Light Up – guest post by Stephen Thornton

The win by the US Democratic Party of two federal senate seats representing the state of Georgia creates a situation whereby the Republican Party will lose their majority in the Upper House. Given the Democrats control the House of Representatives, … Continue reading

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COVID compared with wartime economic impacts – my latest podcast episode

The latest episode of my Economics Explored podcast features a conversation on whether COVID can be compared to wartime. The episode considers the different scales and scopes of the shocks, and what it all means for prospects for economic recovery. In … Continue reading

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Regulating Big Tech – my latest podcast episode

It’s been a challenging year 2020, but one positive development is that regulators in the US and Australia have started challenging the Big Tech companies Google and Facebook over alleged misuses of market power. The US Department of Justice is … Continue reading

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Michael Knox on Quantitative Easing as a long-term strategy

Australia’s money supply has surged over the year as the RBA has undertaken Quantitative Easing (QE), electronically printing new money to buy Australian and state government bonds and to lend to the banks (see the chart of M3, a measure … Continue reading

Posted in Macroeconomy | Tagged , , , , , , , , , , | 1 Comment

Thoughts on the New Normal – latest podcast episode

Regarding a new normal in a post-COVID world, in the June 2020 issue of Monocle magazine, the Editor Tyler Brule wrote: We don’t want a heavy handed ‘new normal.’ We want people to act responsibly but we also want families, … Continue reading

Posted in Health, IR, Labour market, Macroeconomy, Retail trade, Tourism, Transport | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , , , , , , , , , , | 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

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Economic Update – US GDP, Gold, and Aussie jobs & CPI

In my latest video, I review the economic news of the past week, including US GDP, the record high gold price, and Australian jobs and CPI data in this time of the COVID-19 second wave. Incidentally, I highly recommended you … Continue reading

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Gender pay gap recap – latest podcast episode

Andrew Leigh MP’s Inequality Bites video Underpaid & Over It prompted me to have another look at the gender pay gap in my latest Economics Explained podcast episode. Resources mentioned in the episode include: Blau and Kahn JEL article on … Continue reading

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