ricardian ambivalence

RBA takes a step toward easing

In their October statement the RBA downgraded their domestic and global growth forecasts, and as a result their inflation forecast

When I was a kid we would put school plays on for our parents often around religous themes, nativity scenes,

Following the massive risk rout last night, the Fed has blinked, and signalled – via the WSJ’s gun Fed watcher,

The WSJ’s incomparable Hilsenrath reports that: The Fed is trying to ease financial conditions without taking the more controversial step

As anticipated, the FOMC today announced ‘operation twist’. Their plan is a follows: to purchase, by the end of June

The prior two months I have written about gross flows in relation to the state of the Aussie labour market,

Over the past few days, I have been following a debate between Barro, Krugman, Mankiw and Chin about investment and

A variety of financial market indicators got materially worse last week (bank equity vol and CDS spreads, high yield spreads,

I can’t stand Krugman on politics, but I have tremendous respect for him as an economist. I recommend this video

I rarely watch movies, even when I fly – but this trip I made an exception. I didn’t know that

Given the media reports of redundancies, it comes as no surprise that google searches for “unemployment benefits” are trending up.

Despite the fact that sequels are never as good as the original, markets have been fixated on the QE series