ricardian ambivalence

Abnormal is okay

Finance and economics rarely give us ‘ideal’ data sets to play with. Those who know a little about stats frequently

Channel 9 has just reported that it has received “credible information” that Glenn Stevens had recommended a rate rise to

The July labour market report makes me feel much more comfortable with the RBA’s decision to hold policy steady at

John Taylor reckons that S&P didn’t make a US$2tn math error. Rather, they just used a baseline scenario for spending

According to the WSJ , the ECB has been bullied into doing more QE. Thus far, the ECB buying your

The IMF has concluded their Australian article IV consultation, and released the usual

Sounds like an embarrasing mistake by S&P but we must remember that governments are hardly angels when it comes to

This guy should apply for one of these.

Alan Kohler earlier this year argued that the 2011-12 Budget was based on a “wing and a prayer” partly because

As anticipated for about a month now, S+P

Reports that S&P are set to downgrade US debt. Confused reports at the moment though. Others saying S&P reconsidering after

The WSJ’s Hilsenrath