John Quiggin

3 weeks ago | theguardian.com | John Quiggin

Donald Trump’s announcement of a “liberation day”, involving the imposition of tariffs on almost every country in the world, is one of a series of measures which call for an urgent reorientation of Australia’s economic and foreign policy. It is, in effect, a commitment to remove the United States from the global economy, which is seen by Trump as unfair and exploitative of Americans. The 10% tariff imposed on Australian exports is not of great concern in itself.

3 weeks ago | johnmenadue.com | John Quiggin

October 30, 2021         We will have enough ultra-cheap, pollution-free electricity to power homes, vehicles and industry. All thats needed is the courage to embrace it. The most striking feature of Prime Minister Scott Morrisons long-term emissions reduction plan outlined on Tuesday is not the long-telegraphed commitment to net-zero emissions by 2050, or the promise of a A$20 billion clean energy program (around 0.2 per cent of national income annually).

3 weeks ago | johnmenadue.com | John Quiggin

Australia looks set to adopt fuel-efficiency standards after the Albanese government on Sundayrevealedoptions for the long-awaited policy. The government says the reform would lead to more cars that are cheaper to run, eventually saving Australians about A$1,000 per vehicle each year. The announcement comes a decade after the Climate Change Authorityfirst proposedsuch a standard for Australia.

1 month ago | dailybulletin.com.au | John Quiggin

The most striking feature of the Australian economy in the 21st century has been the exceptionally long period of fairly steady, though not rapid, economic growth. The deep recession of 1989–91, and the painfully slow recovery that followed, led most observers to assume another recession was inevitable sooner or later. And nearly everywhere in the developed world, the Global Financial Crisis of 2007–08 did lead to recessions comparable in length and severity to the Great Depression of the 1930s.

1 month ago | tolerance.ca | John Quiggin

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