The decline and fall of Australian economics
I reproduce here a fine review of what seems like a fine book. I'm not buying the book because of the outrageous price the academic...
The Royal Commission and the wages of complacency: Scandals as far as the eye can see
[caption id="" align="alignright" width="423"] Cross posted from Inside Story[/caption] In 1943, back working where he’d been during the first world war, the now-famous economist John...
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...
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...
A new go at upgrading the stock of regulation
[caption id="attachment_32410" align="alignright" width="458"] A particularly grotesque example of many things, only marginally related to the red tape busting agenda.[/caption] This post is worked up...
Rent Seeking in Elite Networks
Some more fascinating results in the 'whodda thunk?' category. You can track down the paper in various published and pre-published forms here. Note, while I've...
Competitive neutrality: Camels, pinballs, tilted playing fields and five minute arguments …
Cross posted from the Mandarin: https://youtu.be/Lvcnx6-0GhA I recently made a submission to the Productivity Commission's inquiry into competition in finance. I wanted to suggest a very simple...