Tag Archives: usa

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

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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

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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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Seven Habits podcast discussion

In the latest episode of my podcast, I discuss one of my all-time favourite books, Stephen Covey’s 7 Habits of Highly Effective People, with regular podcast guest Tim Hughes. I focus on the relevance of the 7 Habits to economists. … Continue reading

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US infrastructure: lessons from Australia, with Darren Brady Nelson – Economics Explained EP36

I recently spoke with Darren Brady Nelson about his new Heartland Institute Policy Brief How to fix America’s crumbling infrastructure: lessons from Australia. You can now listen to our conversation which I’ve published as Economics Explained EP36. Darren is an … Continue reading

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Highlights of recent coronavirus-related podcast episodes

In my latest Economics Explained podcast episode, I review some of the big issues covered in recent episodes on coronavirus. Brisbane-based businessman Tim Hughes of Urban Ergo and I react to excerpts of recent episodes and discuss the important policy … Continue reading

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COVID-19, machine trading & financial markets with Michael Knox – Economics Explained EP27

Why are financial markets swinging so wildly in response to the novel coronavirus, COVID-19? Yesterday I spoke with Michael Knox, Chief Economist of Morgans, who thinks it’s related to the machine trading programs which dominate financial markets. Today, I’ve published … Continue reading

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