Blogotariat

Oz Blog News Commentary

Articles from John Quiggin

Monday Message Board

May 17, 2021 - 05:28 -- Admin

Back again with another Monday Message Board.

Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link

Two problems with Modern Monetary Theory

May 10, 2021 - 09:41 -- Admin

I spend quite a bit of time (more than I should) engaged in Twitter debates with advocates of Modern Monetary Theory (MMT). Some are generally sensible, while others are convinced they have learned a deep secret which enables us to have whatever we want without paying for it. Unfortunately, the sensible ones (Meaningful Monetary Theory) don’t do the hard work of correcting the others (Magical Monetary Theory)

Getting back to blogging

May 10, 2021 - 09:19 -- Admin

I sent a (very rough) draft manuscript of The Economic Consequences of the Pandemic off to Yale University Press last week. Still a lot of work to be done, but I’ll have a bit more spare time now. So, I’m hoping to get a bit more blogging done.

Monday Message Board

May 10, 2021 - 05:39 -- Admin

Back again with another Monday Message Board.

Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link

Adani and the grief to income ratio (from my newsletter)

May 7, 2021 - 06:28 -- Admin

Adani (now ludicrously renamed Bravus) is pushing ahead with the Carmichael mine-rail-port project, but the financial and reputational costs keep mounting. Having been forced to finance the mine and rail project out of its own funds, Adani is now finding that its Adani Ports business (of which the Abbot Point coal terminal is only a small part) is becoming equally toxic. PIMCO, once its biggest bondholder announced that it would no longer invest in new bond issues.

Sandpit

May 3, 2021 - 05:17 -- Admin

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

To be clear, the sandpit is for regular commenters to pursue points that distract from regular discussion, including conspiracy-theoretic takes on the issues at hand. It’s not meant as a forum for visiting conspiracy theorists, or trolls posing as such.

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