Blogotariat

Oz Blog News Commentary

Articles from John Quiggin

Gotcha!

April 5, 2017 - 21:26 -- Admin

Like most people, I don’t like being suckered. But I was well and truly suckered by Aaron Patrick of the Australian Financial Review today. Patrick wrote to me saying he was doing a feature article on penalty rates and I gave him a long interview setting out my position. In particular, I made the point that, if (say) a 10 per cent reduction in wages produced only a 1 per cent increase in hours of work demanded by employers, the average worker would end up doing less work for more money.

Margins

April 4, 2017 - 17:32 -- Admin

We’re all used to the fuss that takes place when the Reserve Bank cuts interest rates and banks don’t follow suit. On the other hand, when rates go up, the increase is almost always passed on rapidly and in full. But does this matter in the long run, or does competition sort things out. In this context, my wife Nancy pointed me to this interesting graph from the Housing Industry Association.

China, me old China

April 4, 2017 - 15:39 -- Admin

One of the reasons I like blogging and opinion writing is that I’m better at thinking up ideas than at the hard work needed to turn them into properly researched journal articles, which is the core business of being an academic. So, it’s great when an idea I’ve floated in a fairly half-baked form in a blog or magazine article gets cited in a real journal article. Even better when it’s a colleague or, in this case, former colleague who cites me.

Generation Trump

April 1, 2017 - 16:44 -- Admin

For years now, I’ve been railing against the generation game, that is, the practice of labelling people born in some period of 15-20 years or so as a ‘generation’ (Boomers, X, Millennials and so on ) then making various claims about their supposed characteristics. A generation or so ago, I made the point that

Sandpit

March 27, 2017 - 09:45 -- Admin

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

Turning the corner

March 25, 2017 - 09:30 -- Admin

Obviously, climate policy in Australia is not going well. In the US, the Trump Administration is keen to reverse the progress made under Obama. Yet for the planet as a whole, the news hasn’t been better for a long time. And there is every reason to hope that Trump and Turnbull will fail on this, and on much else.

Two big pieces of good news this week

Consumer advice: Don’t go paperless at ANZ

March 24, 2017 - 16:29 -- Admin

If you’re a bank customer, you’re doubtless getting plenty of messages urging you to go online and stop the waste involved in receiving paper statements each month. It’s an appealing pitch, but, at least for customers of ANZ, my advice is “DON’T !”. I recently had to replace a lost secondary card on my credit card. This used to be a painful process, involving reissuing all the cards, but it’s a lot simpler now, or so I thought.

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