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Which is better?
Listening to the unctious and ignorant comments by Swan and Gillard talking about the economy is an actual health hazard for someone such as myself. But here is the question: Which would be better,...
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Why you should study economics at RMIT
There is a wildly absurd blog post by Ben Eltham that comes first up if you google my name that goes under the heading, “Don’t Study Economics at RMIT“. Mr Eltham, it seems, wrote this in 2010. Must...
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“Adhering to the outdated ideas of thinkers such as Mises, Hayek and Friedman”
Having looked at Ben Eltham’s uninformed analysis of my article which was published in the Australian Financial Review in 2010, in which he had stated that I was “adhering to the outdated ideas of...
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Doing its level worst
A government is supposed to do its level best, as best it knows how, to improve economic conditions and make the world a better place. It’s not supposed to do this. From The Age front page today: Labor...
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Resolved: That Keynesian economics is junk science
This goes back to 2011 but has re-surfaced. Here is the original letter from Ben Eltham dated 28 August 2011: Dear Steven As someone who finds myself in consistent disagreement with your opinion...
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The CBC solution to the ABC
This is from Andrew Bolt and it is a sensation. How is it that the folks over at the ABC are so completely lacking in self-awareness that they happily answer these questions so that the rest of us can...
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Why stop at free education?
This is from Andrew Bolt and on the one hand it is hilarious but on the other it is downright disgusting. We talk about low info voters but the completely skewed ideas these people have is quite a...
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Oh by the way, how’s the economy going?
Unemployment rate for the past year And from the release: The labour underutilisation rate was 12.9% in May 2013, up from 12.6% in February 2013. . . . Despite the increase in total employment,...
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On wind farms we are less crazy than the rest
James Delingpole, this time on wind farms. You do try to work out which part of elite opinion is the craziest but what a contest. Anyway, we in Australia are recognised as the least crazy, at least so...
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This is not a distraction
From the AFR of Wednesday the 19th: Not wanting any distractions between now and the September 14 federal election – the same day the referendum will be held – Mr Abbott some weeks ago committed the...
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Trading one disaster for another
I sometimes think that our economic problems are the least of the troubles we face but they are pretty bad and getting worse. Labor, having wrecked the place, is getting out just in time. No doubt...
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The man with no pluses is now PM for the second time
I have no time for either Gillard or Rudd. Both are nasty pieces of work with no serious ideas about how to make Australia a better place. Both think that their own shallow ideas are a match for...
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Hubble bubble toil and trouble
Really I have no one else to blame for this but it was suggested to me that I reply to an article at The Drum which has now got me looking at the site and reading some of the articles. One has in...
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Wages based on productivity – there’s a new world dawning
A quite seismic story in The Australian today and one that makes me think that in government the Coalition plans to be there for a long time. The obsession with trying to rid us of our unique...
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Entering the conversation on jobs
I have a posting up at The Conversation into which I was very happy to join. It’s been titled, Rudd’s Job Plan Misses the Mark which pretty well says what it says. I have received two emails from...
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Vacancy rates at an all time high
Perhaps there is no real need to pile on the ads at this stage since the evidence of Labor failure is everywhere. After my comment the other day about the depressing trek through my local shopping...
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An “unexpected” deterioration in the labour market
The left hand picture shows the level of employment and the right hand side the unemployment rate. The one that should be going up is thus going down and the one that should be going down is going up....
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Keynesian claptrap
‘We support genuinely liberal policies based on “Austrian economics” in contrast to the Keynesian claptrap routinely espoused,’ Day explains. This is a quote from Bob Day, Senator Elect from South...
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Not really all that sophisticated
I was drawn to this article by Andrew Bolt which is from The Age. “What the Left Need to Do” is the point, how the left can recapture governments in the Westminster systems of our Anglosphere...
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Where have all the workers gone?
That’s in the US. I hadn’t seen this before but it comes as quite a shock. It is certainly lucky for the President that there’s a D after his party affiliation or else the media would have roasted him...
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