Author Archives: bill

Saturday Quiz – July 26, 2014

Welcome to the Billy Blog Saturday Quiz. The quiz tests whether you have been paying attention over the last seven days. See how you go with the following questions. Your results are only known to you and no records are … Read the rest of this entry »

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Friday lay day

Its my Friday blog lay day which today means a short blog day. I am finalising the manuscript for my Europe book. I have a complete edited version now (348 pages) and am now checking all referencing etc. It will … Read the rest of this entry »

Posted in Friday | 1 Comment

When you’ve got friends like this – Part 11

I received two E-mails yesterday informing me that at the upcoming NSW State Labor Conference (this weekend) the delegates would be asked to vote for the inclusion of a Federal Job Guarantee, along the lines that I have been working … Read the rest of this entry »

Posted in Friends like this, UK Economy | 14 Comments

Inflation rises on back of health fund price hikes – generally benign

The Australian Bureau of Statistics released the Consumer Price Index, Australia data for the June-2014 quarter today. The quarterly inflation rate was 0.6 per cent and this translated into an annual rate of 3 per cent, up on 2.9 per … Read the rest of this entry »

Posted in Inflation | 1 Comment

Decomposing the decline in the US participation rate for ageing

Labour force participation rates are falling around the world signalling the slack employment growth that has accompanied the aftermath of the Global Financial Crisis. It is clear that many workers are opting to stop searching for work while there are … Read the rest of this entry »

Posted in US economy | 9 Comments

US labour market improving but it is not all good

Last week (July 3, 2013), the – US Bureau of Labor Statistics – released their latest – Employment Situation –June 2014 – which showed that in seasonally adjusted terms, total payroll employment increased by 288,000 in June while the Household … Read the rest of this entry »

Posted in US economy | 2 Comments

Saturday Quiz – July 19, 2014 – answers and discussion

Here are the answers with discussion for yesterday’s quiz. The information provided should help you understand the reasoning behind the answers. If you haven’t already done the Quiz from yesterday then have a go at it before you read the … Read the rest of this entry »

Posted in Saturday quiz | 3 Comments

Saturday Quiz – July 19, 2014

Welcome to the Billy Blog Saturday Quiz. The quiz tests whether you have been paying attention over the last seven days. See how you go with the following questions. Your results are only known to you and no records are … Read the rest of this entry »

Posted in Saturday quiz | 1 Comment

Friday lay day

Its my Friday blog lay day which today means a short blog day. Yesterday, July 17, 2014, the Australian government voted to scrap the Carbon Tax as the climate change denialists proved that the destiny of our nation is in … Read the rest of this entry »

Posted in Friday | 6 Comments

Macroeconomic textbooks ripe for composting

I have been travelling a lot today – train, car, plane, car – and in between speaking and other commitments so not much time to type some thoughts. Also a detective novel I am reading was quite interesting on the … Read the rest of this entry »

Posted in Economics, Teaching models | 16 Comments