Today is Valentines Day! As a hopeless romantic it is one of my favourite days of the year, where I hope everyone experiences all the love in the world. Matt is romantic – but he has his weird signalling view of presents.
A post by Scott Sumner said that a decade of growth in the US wasn’t good enough – and was a monetary policy failure. In New Zealand, we have had nearly a decade without a technical recession (the last one was the second half of 2010) – so has this been a monetary policy failure […]
In a recent post I discussed the impact on the broad economy associated with the coronavirus. However, this is only a starting point for thinking about economic impacts – the next question is how we can understand the composition of the shocks, how we can measure this in real time, and how we can consider […]
The coronavirus has been in the news, with its relatively rapid spread a cause for concern. This has important welfare and wellbeing effects associated with the pain people might experience due to the coronavirus. However, today I am going to discuss how we can think about the consequences of a disease outbreak for the general […]
Former Governor of the Bank of England, Mervyn King is suggesting that “Economics Needs a Post-Crash Revolution” in a seeming admission that current frameworks don’t work in a world of radical uncertainty and necessary reallocation. Is the former BOE governor and academic icon correct, or is this an unfair critique of the mainstream? As a […]
Matt and myself have just returned from our wedding, honeymoon, and birthday party overseas, and I’m eager to post a lot more content this year! However, before doing so I thought it would be fun to share a couple of pictures of our recent journey.