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In a recent Herald article, Geoff Simmons discusses the core funding ratio. I work near the GMI team, and I have a lot of time for their outside the box thinking on issues – however, this is one case where I will have to respectfully disagree with the conclusions. What was the conclusion? It was […]
In an act of striking economic naivete and breathtaking historical revisionism, writer Joe Beagelhole marshals the European debt crisis as evidence that allowing political institutions to use a lack of transparency to rack up debt is sustainable, and that we don’t need an independent body making the full cost of fiscal decisions transparent to the […]
Holy shit. Since I’ve started getting the chance to read opinion pieces again I’ve noticed one extreme theme running through them – a sharp and angry fear of inflationary pressures. This in itself doesn’t bother me, but it has been combined with people saying that ALL of the following will happen: The economy will implode […]
I realise that oft times my writing style, and the writing on this blog is very “faux academic”. That suits my purposes as I like having the fully described arguments that come from this sort of writing – however, it can also be boring. In order to help related economic ideas to the common man, […]
As a young child I was told repeatedly that education was a right, and that society should pay for it – not just at the primary level, not just at the secondary level, but at the tertiary level as well. Being an argumentative child I disagreed repeatedly. In I make a point of still disagreeing […]
Apologises for my delay. Just before Easter I said to myself I wouldn’t blog or read a blog until I wasn’t working a weekend – I only expected that to go on for 2 weeks, but then a lot of work kept turning up. As I’m anticipating not working on the upcoming weekend I’ve decided […]