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Roving Cavaliers of Credit
Read Some Minsky
Monetary Profits Paradox
Are We "It" Yet?
Monetary Multisectoral Model
"No-one saw this coming"?
Why the Crisis is not over
Deleveraging with a twist
Bernanke doesn't understand the Great Depression
The Case Against Bernanke
Rescuing the Bubble
Australian house prices
Competition No Panacea
House Prices & Banks I
House Prices & Banks II
Lectures on Endogenous Money
Debt and Australian housing
BBC HARDtalk Interview
INET Interview on why I saw "It" coming
It goes without saying that I’m a Cassandra amongst the Pollyannas crowing about Australia’s current economic performance data. Low inflation, low unemployment, and no sign of a wages breakout, are the usually-quoted sweet economic indicators (admittedly with some strange bedfellows, including a relatively slow rate of economic growth for these conditions, and a huge balance […] ↓ Read the rest of this entry…
I’m speaking at Reality Check, as part of the ALP Fringe Conference program, which runs parallel to the national conference and provides NGOs and other groups with an interest in influencing ALP policy with a platform to host discussions and seminars. I’m one of three speakers and we have only one hour, so it will be […] ↓ Read the rest of this entry…
This post has nothing–well, almost nothing–to do with debt. But this is a blog, right? So I can post whatever I want. And what I want is for you to see a new play called Hell’s Belles–or at least spread the word about it. It’s a comedy with the underlying theme of “Be careful what you wish […] ↓ Read the rest of this entry…
I’ve slightly revised my analysis of shared equity loans. I am now awaiting feedback on this from the developers before I publish it here.
Who’s having a housing crisis then? Global economic attention has been focused on the sub-prime lending crisis in the United States recently, and many local analysts have made soothing noises to reassure Australians that “it couldn’t happen here”. The USA’s sub-prime market is indeed a peculiarly American phenomenon; but the level of Australian household debt […] ↓ Read the rest of this entry…
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