John Quiggin

Thanks to everyone who commented on the first nine chapters of my book-in-progress, Economics in Two Lessons. Here’s a draft of Chapter 10: Market failure -Externalities and pollution. Comments, criticism and praise are welcome. The book so far is availableTable of ContentsIntroduction.Chapter 1: What is opportunity cost?Chapter 2: Markets, opportunity cost and equilibriumChapter 3:Time, information and uncertaintyChapter 4:Lesson 1: Applications.Chapter 5: Lesson 1 and economic...

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

A new sandpit for long side discussions, conspiracy theories, idees fixes and so on. This entry was posted on May 15, 2018 at 5:49 am and is filed under Regular Features. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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.

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. This entry was posted on May 15, 2018 at 5:48 am and is filed under Regular Features. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

The series of absurd rulings from our High Court has now reached the point where the majority of Australians are debarred from standing for election to Parliament, unless some foreign government chooses to help them. The latest ruling means that even renouncing a citizenship you never sought and have never exercised is not enough. Unless you start the process well before an election is even called, possibly years before, you are ineligible if you were born overseas, have an overseas-born...

The series of absurd rulings from our High Court has now reached the point where the majority of Australians are debarred from standing for election to Parliament, unless some foreign government chooses to help them. The latest ruling means that even renouncing a citizenship you never sought and have never exercised is not enough. Unless you start the process well before an election is even called, possibly years before, you are ineligible if you were born overseas, have an overseas-born...

It was the 200th anniversary of the birth of Karl Marx a couple of days ago. I planned to repost my series from 2011 on “Marxism without Revolution”, but didn’t get to it. I was reminded when Matt Yglesias mentioned it on Twitter, so here it is, in three parts. ClassCrisisCapital This entry was posted on May 9, 2018 at 8:48 am and is filed under Economics - General, Politics (general). You can follow any responses to this entry through the RSS 2.0...

It was the 200th anniversary of the birth of Karl Marx a couple of days ago. I planned to repost my series from 2011 on “Marxism without Revolution”, but didn’t get to it. I was reminded when Matt Yglesias mentioned it on Twitter, so here it is, in three parts. ClassCrisisCapital

Zombie ideas never die. Among the hardiest, it seems, is the suggestion that nuclear power represents a possible solution to Australia’s energy problems, including the need to decarbonize energy supply. I just received an invitation to an event entitled Going Nuclear: Reconsidering Australia’s Energy Mix being organized by the by Centre for Market Design at the University of Melbourne. The speakers are Renaud Coulomb of the University of Melbourne talking about public attitudes and, more...