Ars longa vita brevis
Not a show I watch I admit, but as Troppo's reality TV correspondent I read this piece from New Matilda "Reality TV Sh!ts In Its Nest"...
The right thing at the wrong time
I was once on a tram in Melbourne and got talking to the woman next to me. She asked what I was doing and I...
Liabilities: a trillion here, a trillion there and pretty soon . . .
From the US General Accountability Office. HT - an email from David Lian. The federal governments financial condition and fiscal outlook are worse than many...
Adam Smith does a bit of ‘behavioural economics’
I'm re-reading the Theory of Moral Sentiments. Some of it's great. Some of it, not so much. Anyway a well known phsychological phenomenon is they...
A great column from John Kay: on targets and muddling through – when they don’t work so well
Full of relevance for our own brand of muddling through. Here's the column. Labours affair with bankers is to blame for this sorry state...
Why a fiscal stimulus makes sense, and why we shouldn’t have spent so much of the mineral boom revenue windfall
From Dani Rodrik's blog. Macroeconomics doesn't get much plaudits around now, but here is a real-life story that should hearten those who think the field is really broken. It...
Couldn’t agree more Paul
Reclaiming Americas Soul, by Paul Krugman, Commentary, NY Times: Nothing will be gained by spending our time and energy laying blame for the past. So...