Category Archives: Economics and economy

The return of the Eureka Stockade

I don’t know if anyone else has commented on this, but I find it interesting that this protest was to be in Ballarat, the same city as The Eureka Stockade. I no longer expect the same result if it goes … Continue reading

Posted in Australian Story, COVID-19, Economics and economy | 18 Comments

Could the last Liberal in Victoria please blow the candle out?

Daniel Andrews wants you to ‘Click for Vic’ during the coronavirus lockdown. A website’s one thing but the Government should be putting its hand in its pocket to really support small business.” – Victorian Opposition Leader Michael O’Brien thinks governments … Continue reading

Posted in COVID-19, Economics and economy | 26 Comments

Don’t invest in Australia

On Friday the AFR published the most astonishing op-ed you’ll ever read. Big call, I know. It was published under the name of John Quigley – the Attorney-General of Western Australia. He deploys an argument that only a not-too-smart-lawyer-cum-entitled-politician would … Continue reading

Posted in Economics and economy, Oppressive government, Rule of law | 32 Comments

Essington Lewis

This is from a fascinating article by Geoffrey Blainey in the Weekend Oz: As the Pacific theatre opened, the nation was ill-prepared. In the article he discusses Essington Lewis. This is what Blainey wrote about Lewis: The leader of Australia’s industrial war-effort … Continue reading

Posted in Australian Story, Economics and economy | 24 Comments

Pick me. Pick me. Pick me.

Craig Emerson has written a job application in the AFR this morning: Leading epidemiologists in Australia and overseas have begun expressing optimism that an effective vaccine for COVID-19 might be available by the end of the year. Economic forecasters implicitly have been … Continue reading

Posted in COVID-19, Economics and economy, Gratuitous Advertising | 9 Comments

The economic crisis is still to come

I have an op-ed in The Age this morning (ungated version here): The economy is already broken. Devastated. The economic crisis is still to come. Realise this: in 2008-09 the government spent tens of billions of dollars keeping the economy … Continue reading

Posted in COVID-19, Economics and economy, Gratuitous Advertising | 41 Comments

He’s Alive!

Paul Keating slams Morrison Government for lack of scrutiny over early release of super.   FOR some time I’ve been concerned about the well-being – and, indeed, whereabouts – of former Treasurer and short-term prime minister Paul Keating. China’s most … Continue reading

Posted in Budget, Economics and economy, Superannuation | 22 Comments

Scotty From Human Resources

   “There is no economic reason for you to go to work.”   LET it be said that the Prime Minister is now an impressive ringleader of exaggerated emergency. Authoritative in his delivery, nervously robust – if anything, thriving rudely – … Continue reading

Posted in Economics and economy, Finance, History | 38 Comments

I stand with Gigi II

So Gigi Foster is being harassed online again after appearing on 60 Minutes. Do desperate times call for desperate measures? As COVID-19 cases surge in Australia, is it now time to rethink our strategy to beat it? TONIGHT on #60Mins, … Continue reading

Posted in COVID-19, Economics and economy, Education | 26 Comments

It’s official: 88% of economists have no idea how an economy works

From Ross Gittens: This is why we don’t need to panic about record budget deficits. When the Economic Society of Australia polled 50 leading economists recently, 88 per cent of them agreed that governments should provide ongoing budgetary support to … Continue reading

Posted in Economics and economy | 17 Comments