That’s the headline for my latest piece in Independent Australia. Opening paras AS WE WAIT anxiously for the arrival of a COVID-19 vaccine, which will be made overseas, most Australians will welcome the news that a new vaccine manufacturing plant will be built in Melbourne to produce vaccines for influenza and Q fever (and possibly for future pandemics), as well as antivenenes for snake and spider bites.The plant is the result of a deal between the Commonwealth Government and...
Read More »RCEP
For some reason, I’ve been asked to do an interview with a Korean radio station about the Regional Comprehensive Economic Partnership, frequently described as “the world’s largest trade deal”, on the basis that the countries involved have a combined population of 2.2 billion, more than any previous deal. The most interesting thing about the deal is what’s not in it (also, who’s not in it, notably India and the United States). Early drafts followed the classic pattern, with strong...
Read More »Covid and the climate emergency
(Another extract from the climate chapter of my book-in-progress, Economic Consequences of the Pandemic) The Covid-19 pandemic has accelerated a variety of social and economic trends, some beneficial and some harmful, that were already underway before 2020. An important example of a beneficial effect has been an acceleration of the decline of carbon-based fuels. Lockdowns early in the pandemic produced a substantial reduction in demand for both electricity and transport. As well...
Read More »Monday Message Board
Back again with 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 http://eepurl.com/dAv6sX You can also follow me on Twitter @JohnQuiggin, at my Facebook public page and at my Economics in Two Lessons page Like this:Like Loading...
Read More »Climate change after the pandemic
Even as the future of US democracy remains in the balance, and as the pandemic still rages, I’m still working on my book The Economic Consequences of the Pandemic. At this stage, it’s hard to get a clear idea of how things will look when and if the pandemic is brought under control. One thing that is certain is that the problem of climate change/global heating will not have gone away. Over the fold, the intro for the chapter I’m writing on this topic. Comments, criticism and...
Read More »Monday Message Board
Back again with 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 http://eepurl.com/dAv6sX You can also follow me on Twitter @JohnQuiggin, at my Facebook public page and at my Economics in Two Lessons page Like this:Like Loading...
Read More »Why zero interest rates are here to stay
That’s the self-explanatory title of my latest piece in The Conversation. It’s wonkish, but important. As I’ve explained here and here, an economy with zero real interest rates works very differently from the kind we are used to. Share this:Like this:Like Loading...
Read More »For-profit services drive standards down
That’s the key point of my article in The Guardian this week. The intro focused on aged care and the headline picked that up, but the main points are general There’s nothing inherently desirable about competition. If the alternative is collusion against the public interest, competition is a necessary evil. Far better, when it can be achieved, is cooperation to be the best we can at what we do. That’s the core value of the service professions, professions derided by market reformers...
Read More »Armistice Day
102 years ago today, the guns fell silent, marking the end of what was then (optimistically as it turned out) called The Great War or (even more optimistically) The War to End War. I’ve written many times about this disaster, but only once about the influenza pandemic that began in the last year of the war and ended up killing millions more people than died on the battlefields. It’s hard to think about anything else today, even as the existential threats of climate change, nuclear war...
Read More »Elections open thread
Post your thoughts on recent and coming elections here. Civil discussion and no coarse language. I may have something to say a bit later. Share this:Like this:Like Loading...
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