Author Archives: bill

Real GDP growth now requires less energy but is that the point?

Regular readers will know that I am pro-growth – economic growth that is. I get criticised for saying that by Greens and such because they only consider GDP growth within their own economic paradigm, which is tainted, if only subconsciously, … Read the rest of this entry »

Posted in Climate change, Economics, UK Economy | 33 Comments

French government in tatters and the financial markets want growth

The French government is in tatters after a number of the more enlightened members of parliament resigned as a protest against the mindless austerity that Hollande is imposing on his nation, which is causing the already desperate unemployment situation to … Read the rest of this entry »

Posted in Eurozone | 7 Comments

Eurozone has failed – a major shift in direction is needed

The central bankers of the World met at Jackson Hole, Wyoming last week for their annual gathering far from the madding crowd. And as far away from the mess they have helped to create as you could imagine. Out of … Read the rest of this entry »

Posted in Eurozone | 15 Comments

Saturday Quiz – August 23, 2014 – answers and discussion

Here are the answers with discussion for yesterday’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 before … Read the rest of this entry »

Posted in Saturday quiz | 2 Comments

Saturday Quiz – August 23, 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 | 5 Comments

Friday lay day

Friday, and its my short or no blog day day. Today, I am hosting a Workshop in Newcastle on the Eurozone crisis. We have three papers and a panel discussion. I will post video once it has been processed. But … Read the rest of this entry »

Posted in Eurozone, Friday | 5 Comments

RBA spills the beans on Australia’s failed fiscal strategy

The Governor and other senior officials of the Reserve Bank of Australia (RBA) appeared before the House of Representatives Standing Committee on Economics yesterday (August 20, 2014), as part of the review by the Government of the 2013 RBA Annual … Read the rest of this entry »

Posted in Economics | 16 Comments

Austerity does not necessarily require a cut in government spending

The Bloomberg Op Ed article (August 19, 2014) – European Austerity Is a Myth – is about as flaky as it gets. The author is intent on justifying the article title by examining changes in government spending (as a per … Read the rest of this entry »

Posted in Eurozone | 11 Comments

Germany contracts as the French suggest defiance

According to data just published by the French National Institute of Statistics and Economic Studies (INSEE), its national statistics agency, the French economy has stalled in the second-quarter 2014. In its – Informations Rapides, Principaux indicateurs 14 août 2014 – … Read the rest of this entry »

Posted in Eurozone | 5 Comments

I would be voting NO in Scotland but with a lot of anger

I am fairly tied up today on the Gold Coast where I presented a Keynote address to an unemployment conference. But I was reading the news on the plane this morning from Melbourne. While in Melbourne for work last week, … Read the rest of this entry »

Posted in Britain | 21 Comments