Category Archives: Economics and public policy

Imagine if policy makers understood what Nancy Cartwright says here, rather than thinking that the elements of evidence-based policy are self-evident

Posted in Economics and public policy | 2 Comments

Monetary policy settings: hawks, doves and the seat of the pants

What’s at stake in monetary policy? The most obvious answer is “jobs and growth” – to coin a phrase. The idea is that, by meeting its target of low and steady (2-3%) inflation, the RBA tries also to keep us as … Continue reading

Posted in Blegs, Cultural Critique, Economics and public policy | 5 Comments

A dash for the deserts? What the solar revolution could lead to.

One of the best pieces of scientific news the last decades has been the spectacular improvements in solar energy generation. The current world price was set in 2017 when the Dubai government bought a large future solar contract for 7.3 … Continue reading

Posted in Business, Climate Change, Environment, Geeky Musings, Innovation, Miscellaneous, Politics - international, Science | 32 Comments

A new go at upgrading the stock of regulation

This post is worked up from a comment of mine on this Mandarin post on a new submission to the Thodey review intriguingly written by two Treasury officials in their own name. It’s an interesting and (my guess is) productive contribution. … Continue reading

Posted in Economics and public policy, regulation | 1 Comment

Comment from today’s Banking Day: Plain vanilla a super flavour

The current round of hearings at the royal commission into misconduct in the banking, superannuation and financial services industry has been notable on many levels. Thus far, the much anticipated grilling of the industry super funds has been a fizzer … Continue reading

Posted in Economics and public policy | 15 Comments

Me on Krugman: the podcast

Leon Gettler interviewed me recently on my exchange with Krugman. As you can imagine, it’s a difficult thing to explain in an interview, but I took that as a challenge – if you like to my interview ‘technique’. Just as … Continue reading

Posted in Economics and public policy, History, Media | 5 Comments

Paul Krugman: Nobel Prize or Academy Award? When economic theory is a tower of babel

Below is my response to Krugman’s comments in defence of new trade theory. It’s not generated any discussion on the Mandarin or Evonomics, but perhaps it will here. Apologies for the delay in getting it onto Troppo – I’ve been travelling. … Continue reading

Posted in Economics and public policy, History | 28 Comments