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John Quiggin

Sandpit

A new sandpit for long side discussions, conspiracy theories, idees fixes and so on. To be clear, the sandpit is for regular commenters to pursue points that distract from regular discussion, including conspiracy-theoretic takes on the issues at hand. It’s not meant as a forum for visiting conspiracy theorists, or trolls posing as such. Like this:Like Loading...

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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...

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A trillion here, a trillion there, pretty soon you’re talking real money (creation)

As with most really neat sayings, the original (with billions, instead of trillions) is misattributed, in this case to the late Senator Everett Dirksen, a conservative Republican who nonetheless helped to write the 1964 Civil Rights Act. The saying can be traced back to an unsigned New York Times article in 1938, which said ““Well, now, about this new budget. It’s a billion here and a billion there, and by and by it begins to mount up into money”. This in turn improved on earlier...

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The climate emergency after the pandemic

In an excess of zeal, I’m planning an Australia-specific book (working title, Australia after the Apocalypse: rebuilding a livable future) which will deal with the social, cultural and economic implications of the bushfire and pandemic catastrophes. This will complement The Economic Consequences of the Pandemic which will be global in its scope, but more narrow in its focus on economic issues. Over the fold, the opening section of a chapter on the climate emergency Among the...

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Hard-hat utopians

That’s the title of my latest piece in Inside Story, pointing that, even though the occupations most affected by the Covid pandemic are dominated by women and young people, government responses have been focused on ‘hard hat’ sectors, mainly employing prime-age men. I appeared before a Committee of the Queensland Parliament making this point. I don’t think I had a lot of impact, but I will keep on pushing. Share this:Like this:Like Loading...

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The Republican phase transition

I’ve been reading the latest (excellent as usual) book from Jacob Hacker and Paul Pierson, Let Them Eat Tweets: How the Right Rules in an Age of Extreme Inequality . The opening paras read This is not a book about Donald Trump. Instead it is about an immense shift that preceded Trump’s rise, has profoundly shaped his political party and its priorities, and poses a threat to our democracy that is certain to outlast his presidency. That shift is the rise of plutocracy – government of,...

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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 »

Sandpit

A new sandpit for long side discussions, conspiracy theories, idees fixes and so on. To be clear, the sandpit is for regular commenters to pursue points that distract from regular discussion, including conspiracy-theoretic takes on the issues at hand. It’s not meant as a forum for visiting conspiracy theorists, or trolls posing as such. Like this:Like Loading...

Read More »

The General Theory and the Special Theories

The title of my book-in-progress, The Economic Consequences of the Pandemic is obviously meant as an allusion to Keynes’ The Economic Consequences of the Peace, and one of the central messages will be the need to resist austerity policies of the kind Keynes criticised in his major work, The General Theory of Employment Interest and Money. That title, in turn was an allusion to Einstein*, and the Special and General theories of Relativity. The special theory Keynes wanted to replace...

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The end of ecomodernism

I was due to appear tomorrow before the Environment and Planning Committee’s inquiry into Nuclear Prohibition in Victoria, but I’ve just been advised that it’s been deferred until after the lockdown. I’d just finished writing a supplement to my earlier submission which concluded that there was no real support for the kind of ‘grand bargain’ I’d earlier proposed, combining a commitment to a rapid phase-out of coal with a removal of the prohibition on nuclear power. It’s over the fold....

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