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Articles from John Quiggin

Economics in Two Lessons, Chapter 8

April 8, 2018 - 13:52 -- Admin

Thanks to everyone who the first seven chapters of my book-in-progress, Economics in Two Lessons. I’ve tried to think about all of them and respond to as many as possible, but I’m seeking comments from quite a few sources and may have missed some. Feel free to remind me if you think you have a point that’s been overlooked.,

Negging the NEG

April 4, 2018 - 16:20 -- Admin

The proposal of the pompously named “Monash Group” that public funds should be allocated to investment in coal-fired power stations is, of course, absurd. Leaving aside its environmental effects, new coal-fired power is far more expensive than renewables or gas.

Nevertheless, the proposal is welcome in a number of respects.

Economics in Two Lessons, Chapter 7

March 27, 2018 - 17:37 -- Admin

Thanks to everyone who the first six chapters of my book, Economics in Two Lessons. That brings us to the end of Lesson 1: Market prices reflect and determine opportunity costs faced by consumers and producers.

Now its time for Lesson Two: Market prices don’t reflect all the opportunity costs we face as a society.

A sign of the times

March 27, 2018 - 09:54 -- Admin

Is the ball-tampering crisis:

(a) A sign of our national obsessions with sport, trivia and scandals at the expense of more important issues;
(b) A symbol of the socially corrosive and corrupting effects of neoliberalism;
(c) The End of Western Civilization As We Know It

Vote below

Sandpit

March 26, 2018 - 10:41 -- Admin

A new sandpit for long side discussions, conspiracy theories, idees fixes and so on.

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