Author Archives: bill

Ireland national accounts and inversion

Apparently, the mangy cat that was the Celtic Tiger is about to become the Celtic Tiger again. One of many reports that suggest Ireland is about to have a “here we go again” boom – The mauled Celtic Tiger is … Read the rest of this entry »

Posted in Eurozone | 4 Comments

Saturday Quiz – July 5, 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 »

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Saturday Quiz – July 5, 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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When climate change denialists merge with fiscal austerians

It is Friday, my blog lay day, so no real blog. I am editing my Europe book and up in the North of Australia today dealing with various projects I have been working on. But here is an example of … Read the rest of this entry »

Posted in Friday | 7 Comments

Australia’s lowest wage workers continue to trail behind

The Fair Work Commission, the Federal body entrusted with the task of determining Australia’s minimum wage handed down its – 2013-14 decision – on June 4, 2014. The decision meant that more than 1.5 million of our lowest paid workers … Read the rest of this entry »

Posted in Labour costs | 2 Comments

New economics – not much will change at the current rate

My upcoming book about Europe is tentatively called ‘European Groupthink: denial on a grand scale’. I have covered the concept of Groupthink before but I have been thinking about this in relation to the economics curriculum, given our textbook is … Read the rest of this entry »

Posted in Economics | 9 Comments

Pre-crisis dynamics building again in Britain

The UK Guardian article – Britain’s economy returns to pre-crisis strength earlier than expected (June 30, 2014) was interesting, especially in the light of the major revisions that the Office of National Statistics has announced, which suggest the loss of … Read the rest of this entry »

Posted in UK Economy | 10 Comments

The BIS remain part of the problem

The Bank of International Settlements published its – 84th BIS Annual Report, 2013/2014 – yesterday (June 29, 2014). Their message is that governments (particularly central banks) have been too focused on reducing short-term output and employment losses at the expense … Read the rest of this entry »

Posted in Economics | 12 Comments

Saturday Quiz – June 28, 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 | 1 Comment

Saturday Quiz – June 28, 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 | 4 Comments