Ricardo

Missed opportunity

A fair criticism of how I have framed my discussion of the budget is that the objective of fiscal policy

As seemed likely, Treasurer Swan is selling this as a inflation-busting budget. Well, I can’t blame him… that’s what do

The one that is getting me tonight is the idea that we can simultaneously take pressure off inflation and help

It’s budget day tomorrow, so we’re going to hear a lot of tosh. To help guide the way, I thought

Australia has had problems with inflation every time the unemployment rate has been below 5%. In the prior boom, CPI

R: what do you think of taleb’s black swan? BB: ohh … i don’t read that stuff

Simon Johnson got it wrong in an opinion piece for Bloomberg today – Discussing the 10tn swing in CBO deficit

Overnight, the US found that its prior exploitation of the exorbitant privlidge had turned into something of a pain. S&P

The best informed review of Taleb’s Black Swan I have read — here …just because selling puts is a bad