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John Quiggin

Connected and Disaffected

That’s the title of a UK podcast on which I appeared recently, talking about Zombie Economics Soundcloud stream: https://soundcloud.com/connectedanddisaffected/season-2-episode-1-the-grand-relaunch Facebook: https://m.facebook.com/story.php?story_fbid=165173310736451&id=114184012502048 Twitter: https://twitter.com/CandDPodcast/status/925800309351428097 It can also be found on ITunes and other podcast directories.

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Here’s a fine mess

The great citizenship debacle rolls on, and it’s hard to see anyone coming out of it looking good. The primary blame goes to the High Court which decided to use an absurdly literal interpretation of the Constitution to knock out a couple of independent candidates back in the 1990s (they’d been naturalised but hadn’t properly revoked their previous citizenship). If the first person to fall afoul of this interpretation had been a senior government minister, I have no doubt the Court would...

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The MFP illusion

Expanding on a post a little while ago, I have a piece in Inside Story arguing that multi-factor productivity, the Holy Grail of microeconomic reform for the last few decades, is a residual that is and should be equal to zero. From getting the idea to publishing it took me a few weeks. That’s a huge contrast from last century when the best I could have hoped for is an article in a low-prestige journal, taking a year or more and reaching an audience of, at most, a few hundred. That’s...

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The end of fossil fuels: some data and quick calculations

The International Energy Agency recently released data showing that world coal production fell sharply in 2016, mainly because of big cuts in China. Looking at the graph, it appears that the peak in production was around 2013. The price of coal has experienced a “dead cat bounce” over the last year or so, essentially because China has been closing coal mines faster than it’s been closing or cancelling coal-fired power stations, but the picture tells the story for the future. Global coal...

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Lamest. PM. Ever.

So, we’ve wasted $100 million on a postal survey that won’t decide anything. It’s already evident that, even with a thumping majority for Yes, the bigots on the LNP backbench will fight all the way to protect the right to be a bigot. They are, in my view, playing a dangerous game here. The existing law gives lots of special privileges to religious organizations that are justified only on the basis that we all need to get along tolerantly. If that rationale ceases to apply, all those...

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Nuclear starts stop

A steady stream of negative evidence hasn’t shaken the faith of believers in nuclear energy. Many of them are under the impression that the failure of nuclear energy is specific to the developed world, where some combination of environmentalism and NIMBYism prevents the adoption of an obviously sensible solution. It is widely imagined that China, India and other countries are forging ahead. This idea was plausible until fairly recently, but the latest evidence suggests that nuclear power...

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