John Quiggin

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link Like this:Like Loading...

Robert Carling of the Centre for Independent Studies has just released a paper, with the title “Voting for a Living“, an even more offensive reprise of Joe Hockey’s “lifters and leaners” rhetoric of a few years ago. The Oz (no link) ran a report by  with the opening claim The top fifth of households by ­income are almost entirely supporting the bottom 60 per cent of earners Of course, this is absurd. The actual CIS paper centres on the fact that 60 per cent of the population receive...

In the light of Scott Morrison’s latest exercise in jettisoning unpopular commitments, in this case the proposal to raise the pension age to 70, I thought I would relink this piece on the Intergenerational Report, from the Abbott-Hockey era. The crucial observation is that, had the increase gone ahead, it would have cancelled out all of the increase in conditional life expectancy at pension age for women since the pension was introduced back in 1907, and most of the increase for men....

That’s the title of my latest article in The Guardian. Opening paras The royal commission into banks has uncovered fraud and misconduct on a massive scale, amounting to nearly $1bn and perhaps more. The usual defences of “bad apples” and “rogue advisers” have fallen apart as it becomes evident the problems are systemic, driven by relentless pressure from the top to maximise profits at all costs. The royal commission into misconduct in the banking, superannuation and financial services...

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link Like this:Like Loading...

In the light of the recent Productivity Commission report on inequality in Australia, I thought I would repost this piece from 2016. It’s not radically dissimilar in terms of its conclusions, but is, I think, more balanced than the “nothing to see here, move on” spin that’s characterized much of the coverage of the PC report. Over the past forty years, leading developed economies, most notably the United States have experienced an upsurge in inequality of income and wealth. Most of...

Nearly seven years after I started, I’ve finally submitted the manuscript of Economics in Two Lessons to Princeton University Press. There’s still a lot of work to be done in turning it into a published book, and some changes are still needed, but this is as close to a milestone as I’m going to get. Over the fold are the Acknowledgements. As I mention, I’m sure to have omitted someone, so if you have contributed comments and your name is missing, please point this out. Also, if there’s...

A new sandpit for long side discussions, conspiracy theories, idees fixes and so on. Like this:Like Loading...

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link Like this:Like Loading...

My son Daniel pointed me a Facebook post starting from the fact that Gough Whitlam and Malcolm Turnbull served almost identical periods as PM, and comparing their achievements. Of course, there is nothing to compare.  I can’t find the post now (another reason to hate the displacement of blogs by Facebook and Twitter) but I thought I’d give my own prize for Australia’s least significant PM. The main ground rules are that I’m counting only achievements as PM, and I’m not judging whether...