Institutional Economics
Posted 3 days ago
For those of you who have given up on a US recession in 2008, Intrade has rolled out a contract for a US recession in 2009. A 2008 recession is still priced at around a 30% chance, with the contract
Posted 3 days ago
The Australian s economics editor, Alan Wood, retires:After more than 40 federal budgets and 50 state ones, I have decided enough is enough. The last straw was when Wayne Swan put a coloured cover o
Tags: budget
Posted 1 week ago
This week s Business Spectator column. If you would like to receive an unedited version by email on Fridays, let me know and I will put you on the distribution list. Email info at institutional-
Tags: economics
Posted 2 weeks ago
This week s Business Spectator column. If you would like to receive an unedited version by email on Fridays, let me know and I will put you on the distribution list. Email info at institutional-
Tags: economics
Posted 2 weeks ago
University of Chicago academics oppose naming a new research centre after Milton Friedman:In a letter to U. of C. President Robert Zimmer, 101 professors about 8 percent of the university s full-t
Posted 2 weeks ago
Another one of those laughable WSJ editorial comments:The biggest problem in emerging economies isn t the credit crunch about which we hear so much . . . but inflation. So said Glenn Stevens,
Posted 3 weeks ago
This week s Business Spectator column. If you would like to receive an unedited version by email on Fridays, let me know and I will put you on the distribution list. Email info at institutional-
Tags: economics
Posted 3 weeks ago
Business Week s Chris Farrell, on why we should welcome so-called bubbles in asset prices as a normal part of the functioning of a market economy:Let s go back to the dot-com example. What
Tags: economy
Posted 3 weeks ago
Sources being quoted by Reuters suggest that Australian banks are raising term funding from the Future Fund. ANZ has supposedly raised about A$500 million this way. A Commonwealth Bank spokesman i
Tags: taxes
Posted 3 weeks ago
The ALP s manufacturing fetish was evident when it was in opposition. Kevin Rudd said back in 2006 that he wanted Australia to be more than a mine for China and a beach for the Japanese. Th
Tags: economy
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