FET (old posts)

New ideas and analysis by Dr Cameron K. Murray

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Wednesday, July 16, 2014

Review: Bubble Economics (Soos and Egan)

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Paul Egan and Philip Soos [1] have a new book out. It available for free  here  (pdf), and it’s called Bubble Economics: Australian Land Spe...
Monday, July 14, 2014

Krugman vs Bank of England (or QE bails out the rich)

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I like Krugman. He takes a common sense approach to economics and writes clearly for a broad audience. But, like others , I have to take i...
6 comments:
Sunday, July 13, 2014

Are the LDP’s principles useful for policy-making? (No)

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The big news in Australian politics has been the new rabble of Senators. David Leyonhjelm of the Liberal Democratic Party (LDP) is one ...
Sunday, July 6, 2014

A tribal ceremony: Reconciling the economics of debt

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The sociology of economics is intriguing. While many observers note the tribalism of the discipline, with the mainstream tribe being the lar...
17 comments:
Sunday, June 22, 2014

Is Chang's economic development really complexity?

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I am reading Ha-Joon Chang’s new book Economics: The User’s Guide . About half way through he makes a big effort to explain that GDP is qui...
Tuesday, June 17, 2014

Age of entitlement - my SBS Insight notes

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With my upcoming debate on entitlement in Australia I though I'd better watch Insight on SBS to see what punters think. If you misse...
2 comments:
Friday, June 6, 2014

NSW hands builders and developers rents, again

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NSW is preparing to streamline laws to enable redevelopment of strata-title lots. These new laws give more power to developers attempting t...
Monday, June 2, 2014

Retirement confusion: Savings are not investment

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I’m constantly surprised at how fundamental concepts in economics are so easily confused as soon as they are applied to real-life policy. ...
Saturday, May 31, 2014

Quick links: Crony politics, utility, Becker, exports

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The Greens proposed in parliament to implement a Federal Independent Commission Against Corruption with similar powers to the NSW Commission...
3 comments:
Wednesday, May 28, 2014

Bogus economic excuse for inequality debunked

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As I explained yesterday , saving by an individual is usually achieved by buying monopoly assets from others, forgoing consumption in ord...
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