Oz Blog News Commentary

Weekly email #5

June 18, 2017 - 14:52 -- Admin

Here’s my latest weekly email. If you’d like to be added to the list, email me at johnquiggin1 at mac dot com

I’ve been flat out for the last couple of weeks, with the result that my weekly email has slipped from Monday to Friday. But before I forget everything I’ve been doing, I’m going to get it out. In addition to various bits of uni administration, I’ve been spending a lot of time looking at alternatives to the Adani mine-rail-port proposal. There should be some output from all this fairly soon, I hope.

For the moment, here’s my theory of why Adani is pushing ahead with this obviously doomed idea. If they can start their rail line using our money rather than their own, they can put off for a couple of years the need to write off the nearly $2 billion they’ve sunk into the Carmichael mine. At the end, they will have bought some time and we will have bought a half-built railway to nowhere

What is Adani thinking?

Apart from Adani, I put out a piece in The Guardian on asset recycling, a bad Australian idea that is being picked up by the Trump Administration

and another in Inside Story looking at the OECD backing away from financialised globalisation.

Also, an article I wrote with Henry Farrell about the brief revival of Keynesianism in the aftermath of the GFC has finally made it into print in International Studies Quarterly.

Here’s a list of recent tweets.