ricardian ambivalence

Hamburgers from sacred cows (Tea Party edition)

I have always suspected that the Tea Party’s existence revealed a fundamental healthfulness of the American polity. Reading the broad

The NY Times

In financial management courses you learn that businesses should invest in projects when the net present value is greater than

It is reasonable to ask if the recent high correlation of inflation among nations is due to oil. I don’t

Almost all economic commentators denounce the tactics of the Tea Party. In my view this reflects a lack of understanding

A lot of talk surrounding the high Q2 inflation print has been about the extent to which it was the

There is a bit of chatter – including from our Treasurer – that inflation is only due to a few

Terry McCrann tips a hike for the Bank’s 2 August meeting. He thinks that Bank goes on 2 August unless

Henry Ergas picks up Annabel Crabb for reporting as a fact this claim when she has not checked the assumptions

Fantasy: … developed countries and China lead the mitigation effort initially; all countries act by 2031. Treasury, Carbon price modelling,

The Incomparable Falkenstein has just posted some links to research that suggest winning is more satisfying than mere achievement. He

Reader Dr Page sent me the following email – I wanted to share it, as it shows the swings he’d