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In today’s Dom Post column we discuss whether a fiscal stimulus is necessary at the moment – our conclusion is that it is not. Four criticisms I would have of my own logic are: There may be distributional reasons why you would want to change spending, An “improvement” in government spending would be beneficial, In […]
Over at Robert Reich’s blog, there is a discussion stating that now is the time for rising government spending in the US based on the “fact” that the government is the “spender of last resort” and that the economy has plenty of spare “capacity” (ht Mark Thoma at Economists View). We have discussed fiscal policy […]
This is from an email exchange between Agnitio and myself on why dairy prices rose, following his post on Fonterra’s auctions:
Over at the Standard they discuss Bill English’s statement that we will become a “nation of savers”. Now their attack line is relatively weird, especially given that he is just saying that if we need a bigger deposit to buy a house we will have to save it – he doesn’t say we should take […]
So we’ve been tagged by MandM (explaination of it here). The rules are: Link to the person who tagged you Post the rules Share seven random or weird facts about yourself Tag 7 random people at the end of the post with their links Let each person know they’ve been tagged by leaving a comment […]
I’m going with a 75 basis point cut on December 4. Now no-one might agree with this, iPredicit certainly doesn’t (putting the probability at 3% when I looked), but there are reasons: Update: I brought some 75 shares in iPredict after posting this post – because agnitio told me to. Petrol price collapse (which might […]