Author Archives: bill

The Weekend Quiz – December 24-25, 2016

Welcome to The Weekend Quiz, which used to be known as the Saturday Quiz! The quiz tests whether you have been paying attention or not to the blogs I post. See how you go with the following questions. Your results … Read the rest of this entry »

Posted in Saturday quiz | 12 Comments

France Stratégie’s three options for the Eurozone ignore the elephant

I read a short discussion paper this morning – What model for the future of the eurozone? Critical actions – released by France Stratégie, which is formally known as the Commissariat général à la stratégie et à la prospective (CGSP). … Read the rest of this entry »

Posted in Eurozone | 13 Comments

It is just ridiculous to starve public investment funding

On Monday (December 19, 2016), my blog – US central bank decision to raise interest rates doesn’t make much sense – examined the recent interest rate hike in the US and made a case that it didn’t appear, on the … Read the rest of this entry »

Posted in Economics | 22 Comments

A lying government pushing economy towards recession and greater inequality

It is highly surreal listening to radio/TV commentators talking about government financial affairs (fiscal balance etc). These so-called experts are paraded before the nation and the script is generally the same. The interviewer who knows virtually nothing but has the … Read the rest of this entry »

Posted in Economics, Fiscal Statements | 12 Comments

US central bank decision to raise interest rates doesn’t make much sense

On December 14, 2016, the US Federal Reserve Bank pushed up its policy target interest rate from 0.5 per cent to 0.75 per cent. In its – Press Release – it said that the “labor market has continued to strengthen … Read the rest of this entry »

Posted in Central banking, US economy | 5 Comments

The Weekend Quiz – December 17-18, 2016 – answers and discussion

Here are the answers with discussion for this Weekend’s Quiz. The information provided should help you work out why you missed a question or three! If you haven’t already done the Quiz from yesterday then have a go at it … Read the rest of this entry »

Posted in Saturday quiz | 11 Comments

The Weekend Quiz – December 17-18, 2016

Welcome to The Weekend Quiz, which used to be known as the Saturday Quiz! The quiz tests whether you have been paying attention or not to the blogs I post. See how you go with the following questions. Your results … Read the rest of this entry »

Posted in Saturday quiz | 1 Comment

Australian labour market – weak and in need of fiscal stimulus

The latest labour force data released today by the Australian Bureau of Statistics – Labour Force data – for November 2016 shows total employment barely increased and the ABS said the trend to part-time work remains. Over the last 12 … Read the rest of this entry »

Posted in Labour Force | 4 Comments

Austerity is the enemy of our grandchildren as public infrastructure degrades

The Australian economics media is awash with claims that Australia will likely lose its AAA government bond credit rating next week in the wake of last week’s disastrous GDP figures (negative growth recorded in the September-quarter 2016) and the widening … Read the rest of this entry »

Posted in Economics | 12 Comments

Cash transfers are not squandered on booze but do not replace the need for jobs

Some years ago I was asked to design a framework for the implementation of minimum wage system in South Africa as part of an ILO project my research group was involved. We were evaluating the first five years of the … Read the rest of this entry »

Posted in Job Guarantee | 26 Comments