ricardian ambivalence

Tsy Sec Parkinson’s Budget Speech

Today, Treasury Secretary (Dr.) Martin Parkinson gave the now traditional post budget speech to the Australian Business Economists. The speech

RBA Deputy Gov Lowe gave a speech today, entitled Developments in the Mining and Non-mining Economies. As usual, it’s a

Love or hate him, Krugman’s an expert on trade imbalances and depression macro – which is what ails Europe. Here

My friend Chris Joye has been having some fun with the benchmark population revisions. Today, however, he has backed the

From The Australian on Saturday: “I’m saying that Greece manipulated data and I think this is manipulation of data too,”

Greg Sheridan has an interesting piece in The Australian today on the decline in defence spending. His central claim is that

Julia Gillard is obviously clever, determined and successful but ever since she put herself forward as someone to lead the nation, I

The ABS’s mea culpa regarding population benchmarks has been picked up by the Age’s Colebatch. The only thing I have

The market is really struggling with the RBNZ’s threat to cut rates. Following their prior meeting, the RBNZ stated that

Adam Creighton in the Australian today calls our family tax benefit system unfair: Why should a single person on a

Two years ago, Treasury published in the budget papers an analysis of the impacts of fiscal stimulus. The graph purported

The decline in the unemployment rate (-23bps to 4.94%) is eye-catching, and certainly surprised with strength – most market economists,