John Quiggin
@johnquiggin.bsky.social
Economist & blogger @ http://johnquiggin.com, http://crookedtimber.org. http://johnquiggin.substack.com/?utm http://mstdn.social/@johnquiggin
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Economist & blogger @ http://johnquiggin.com, http://crookedtimber.org. http://johnquiggin.substack.com/?utm http://mstdn.social/@johnquiggin
I repost my content, using the #repost hashtag. You can go to settings/filters to avoid seeing the same post.
John Quiggin is an Australian economist, a professor at the University of Queensland. He was formerly an Australian Research Council Laureate Fellow and Federation Fellow and a member of the board of the Climate Change Authority of the Australian Government. .. more
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NSW Liberal leadership LIVE updates: Kellie Sloane to lead party after Mark Speakman steps down
Liberal MPs have unanimously elected Kellie Sloane as leader. Follow live.
www.smh.com.au
In a radical shift, the NSW Liberals are now in favour of families (except foreigners) and housing (except where NIMBYs don't like it). That should put Labor on the spot #nswpol
NSW Liberal leadership LIVE updates: Kellie Sloane to lead party after Mark Speakman steps down
Liberal MPs have unanimously elected Kellie Sloane as leader. Follow live.
www.smh.com.au
In a radical shift, the NSW Liberals are now in favour of families (except foreigners) and housing (except where NIMBYs don't like it). That should put Labor on the spot #nswpol
‘Cut admissions in 2026’: The new rules shaking up university entry
The government says university places will grow in coming years, but analysts say that’s unlikely due to major changes in funding.
www.smh.com.au
University (and TAFE) education should be open to everyone who can benefit from it, not rationed as this government is doing #auspol
I honestly don't understand why this matters. Regardless of who hosts #COP31, the government could actually be doing something to reduce emissions and aid our neighbours. Equally, it could have won the bid and continued to do as little as possible. #auspol
www.thenewdaily.com....
www.thenewdaily.com....
Poetic justice of course, since Boomers invented the Generation Gap, or at least had it invented for them by the cultural leaders of the day. Bob Dylan (born 1941) epitomized it in "The Times they are A'Changing".
And other slip further down, citing a Fairfax BusinessDay article, ‘Gen X perceptions a workplace challenge for Gen Y’. implicitly conceding that Gen X purveyors of generational cliches punched down at Millennials (for being young) just as hard as they punched up at the Boomers (for being old).
The boomer supremacy
The dominance of baby boomers is becoming total
www.themonthly.com.au
Reading more closely, this article is from 2015, using "Gen Y" where we would now say "Millennial". Even more oddly, with the tagline "the dominance of baby boomers is becoming total", it begins with a reference to NSW Premier Mike Baird (born 1968).
One Nation and co think progressive politics is elitist. Are they right?
With progressive politics often advocating for post-material issues, it's becoming increasingly difficult to speak across the class divide.
www.crikey.com.au
Annoying US equation of "not university educated" with "working class" now appearing in Crikey. On that basis, both Kerry Packer and Gina Rinehart count as working class #auspol
Would have been disappointing if I didn't fool anybody
Or perhaps of failed antidemocratic neoliberalism. We managed fine without ISDS and similar protections against sovereign risk before the 1970s.
It's a joke post. Farsight is a literal translation of Television.
Check the first comment
Since this is the bog-standard version of claims about sovereign risk, it scarcely qualifies as a counterpoint. Tell me something I haven't heard a thousand times before.
* To make matters worse, they've now come up with an absurd Greco-Latin hybrid name "Tele - Vision". This will never last.
FarSight* is the worst social media network ever. Intrusive ads, no comment facility, crappy content. And the algorithm isn't even personalised - it takes an average of all the users and serves up what it thinks they want.
Yet it has millions of unique visitors every day and incredible stickiness.
Yet it has millions of unique visitors every day and incredible stickiness.
Greens pledge to revoke most destructive fast-track mining consents
We are building a future where we do more, faster, to protect our planet and make sure everyone is treated equally.
www.greens.org.nz
This will create lots of sovereign risk, which is a good thing. Corporations can't buy one government and expect the next to honour the deal, any more than they will keep the previous governments promises to voters, if they disagree with them #nzpol
Richard Cooke, contributing editor
Data Science in the News: Trade in a Trumpian World – QUT Centre for Data Science
Trade in a Trumpian WorldDonald Trump’s recent removal of tariffs on imports of food products is unlikely to be the last gyration in US trade policy. US...
research.qut.edu.au
Data Science in the News: Trade in a Trumpian World - QUT Centre for Data Science
And throughout this period, what mattered most to the life chances of young people was the economic status of their parents. As long as they chose wisely in this respect, members of Gen Z can draw on the Bank of Mum and Dad for a deposit on a first home, and count on inheriting even more.
And if rent was cheap, mortage repayments certainly weren't. By 1990 mortgage interest rates had risen to 17.5 per cent.
Free university education came in under the Whitlam government, at precisely the time when the postwar boom which guaranteed secure jobs collapsed. The impact was felt most severely by young people entering a contracting labour market. Yout unemployment rates were consistently above 20 per cent
The boomer supremacy
The dominance of baby boomers is becoming total
www.themonthly.com.au
Another appalling Generation Game piece, with all the usual cliches. I'll just focus on this. [Boomers] rarely mention their free education, cheap rent while saving, or union-protected and secure jobs"
That's because literally no-one experienced all three. www.themonthly.com.a...?
That's because literally no-one experienced all three. www.themonthly.com.a...?
I saw an oblique reference to (I assume) the journalist in question the other day. Now it makes more sense. But I don't know who the candidate is. Not going to look either.
Afraid an AI robot is coming for your job? It might be here to help
As an economist, I’m often asked how artificial intelligence will affect people’s work. Here’s the good news about this disruptive – and productive – technology.
www.smh.com.au
... Australia’s 50,000 typists. This role looked like a “high-risk” occupation when the word processor was introduced, yet it still exists today, though its nature is quite different to what it looked like back then
Annoyingly, no indication of what the job looks like now.
Annoyingly, no indication of what the job looks like now.
As the article says, we could at least end the various iterations of "sports rorts" - federal grants to local bodies in marginal seats. Giving federal money to local governments seemed like a good idea when Whitlam was trying to bypass entrenched conservative states, but it hasn't turned out well.
Australia’s $1 trillion tax problem fuels one battle after another. But it can be solved
It’s falling apart at the seams, but there are ways to save the federation – and improve the living standards of all Australians.
www.theage.com.au
Vertical fiscal imbalance: important, insoluble and eye-glazingly dull. I've been reading this article, or a variant, since before I was old enough to vote.
Centrists, and particularly elite centrists, are even worse on this score. They are the big beneficiaries of impunity culture and hate being called out. Larry Summers an archetypal example.
This App Lets ICE Track Vehicles and Owners Across the Country
Material viewed by 404 Media shows data giant Thomson Reuters enriches license plate data with marriage, voter, and ownership records. The tool can predict where a car may be in the future.
www.404media.co
Coincidentally, this piece from 404 Media arrived just as I was about to renew my subscription to Reuters. I'll spend my money on something else (smashed avo?)
Reposted by John Quiggin
Calling for more ‘baseload’ in 2025 is like demanding more landlines because mobile phones drop out sometimes.”