Search Results for: "fiscal sustainability"

Saturday Quiz – August 7, 2010 – 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 | 4 Comments

Saturday Quiz – July 31, 2010 – 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 | 4 Comments

OECD – GIGO Part 2

The OECD is held out by policy makers and commentators as an “independent” authority on economic modelling. The journalists love to report the latest OECD paper or report as if it means something. Most of these commentators only mimic the … Read the rest of this entry »

Posted in Economics | 10 Comments

Modern monetary theory and inflation – Part 1

It regularly comes up in the comments section that Modern Monetary Theory (MMT) lacks a concern for inflation. That somehow we ignore the inflation risk. One of the surprising aspects of the public debate as the current economic crisis unfolded … Read the rest of this entry »

Posted in Debriefing 101, Inflation, Job Guarantee | 109 Comments

The BIS is part of the problem

It is now 2.15 am in Boston on a Thursday morning (16:15 Thursday afternoon in Australia East Coast). I always try to stay on Australian time when I make these short trips. It is hard while you are away but … Read the rest of this entry »

Posted in Economics | 40 Comments

A total lack of leadership

Tonight (Tuesday Boston time as I write) my very kind and gracious host took me to an early evening Ringo Starr and his All Starrs concert down on the waterfront. I never knew so many Beatles fans from the 1960s … Read the rest of this entry »

Posted in Economics | 25 Comments

Ignorance leads to bad policy

Today (and yesterday – being Tuesday in Australia now) I have been travelling. If you grow up and live in Australia everywhere except the local beach is a long way away. Sometimes it would be very convenient to just to … Read the rest of this entry »

Posted in Economics | 38 Comments

Where’s bill gone this Monday?

I am travelling today and the blog will be back sometime tomorrow. Why and where?

Posted in Admin | 14 Comments

Something is seriously wrong

The Toronto G-20 leaders’ meeting is being held this weekend (June 26-27, 2010) and one expects it will endorse the position taken at the recent G-20 annual Finance Ministers and Central Bank Governors Meeting in South Korea. The communiqué released … Read the rest of this entry »

Posted in Economics | 94 Comments

The OECDs perverted view of fiscal policy

It is interesting how the big neo-liberal economic organisations like the IMF and the OECD are trying to re-assert their intellectual authority on the policy debate again after being unable to provide any meaningful insights into the cause of the … Read the rest of this entry »

Posted in Economics | 25 Comments