Agnitio asked me what has been going on recently, as I was complaining its a mess. I emailed him my summary, so I thought I’d also put them down here: The ECB announced that its going to accept some things as collateral – but dump others. Leaving markets confused about what the hell was going …
Category Archive: Australian economics
Permanent link to this article: http://www.tvhe.co.nz/2011/09/23/why-im-in-a-bad-mood/
Sep
09
2011
Terms of trade: An Australian perspective
Institutional Economics has some good points on the boost to Australia’s terms of trade – points we can keep in mind over here. Relative to what we pay for our imports, Australia now gets higher prices for its exports than at any time since at least 1870. This was illustrated by Reserve Bank Governor Glenn …
Permanent link to this article: http://www.tvhe.co.nz/2011/09/09/terms-of-trade/
Aug
11
2011
A point on debt
Around the world there are a lot of complaints that there is too much debt, that debt will prevent a recovery, and that debt is the root of all problems – be it fiscal deficits, debt fueled consumption, or a debt powered housing market. While there are undeniable issues to keep in mind, there are …
Permanent link to this article: http://www.tvhe.co.nz/2011/08/11/a-point-on-debt/
Aug
01
2011
This is not about cycling
An Australian cycling magazine claims that you could save $3.5 million over your lifetime if you ride instead of owning a car. They say that their calculations are solid and we have no reason to doubt them, but this is not a story about how great it is to ride a bike. Their calculations assume …
Permanent link to this article: http://www.tvhe.co.nz/2011/08/01/this-is-not-about-cycling/
Apr
20
2011
Black markets, crime, and costs
Via Facebook I’ve been informed that our Australian friends have added an interesting interpretation to the costs of crime syndicates. “Every dollar stolen through organised crime activity is a dollar that cannot be spent on education, health or any number of services,” O’Connor said. Now on the face of it this statement is patently ridiculous …
Permanent link to this article: http://www.tvhe.co.nz/2011/04/20/black-markets-crime-and-costs/
Feb
16
2011
A note: Migration and the GFC
There have been claims by the Labour party that rising departures from NZ are the fault of the National party, and that the increase during their tenure was due to the global financial crisis (GFC). Now this is a little bit untrue in terms of the way it is framed, I’ll just quickly point that …
Permanent link to this article: http://www.tvhe.co.nz/2011/02/16/a-note-migration-and-the-gfc/
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