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Created
Sat, 05/02/2022 - 03:07
Against the backdrop of the COVID-19 pandemic, this paper analyzes the economic stimulus packages announced by the Indian national government and tries to identify some plausible fiscal and monetary policy coordination. The shrinking fiscal space due to revenue uncertainties has led to a theoretical plausibility of a reemergence of finite monetization of deficits in India.
Created
Fri, 04/02/2022 - 01:00

John Banville’s first novel, Nightspawn, published more than fifty years ago, is set in Greece, which was then ruled by a military junta. The Irish protagonist, Benjamin White, is asked, “As a visitor, Benjamin, what do you think of the situation here, I mean the political situation?” He shrugs: “I’m not a political animal.” In […]

The post Scenes of the Crime appeared first on The New York Review of Books.

Created
Wed, 02/02/2022 - 23:03

What’s the boldest thing the Morrison government could do in next month’s budget?

It would be to forecast an unemployment rate below 4% (a rate of three-point-something), then to pledge to go further, to two-point-something.

Neither have happened for half a century; not since the long Coalition reign of Robert Menzies and his successors from the 1950s to the early 1970s, when unemployment was between 2 and 3%.

Astoundingly, both are now within Treasurer Josh Frydenberg’s reach in a way they weren’t mere weeks ago.

Created
Tue, 01/02/2022 - 11:10
BOSTON, Massachusetts, USA -- Monday, January 31, 2022 -- The Free Software Foundation (FSF) today announced Hundred Rabbits will join LibrePlanet 2022 as keynote speakers. The annual technology and social justice conference will be held virtually on March 19 and 20, 2022, with the theme "Living Liberation."
Created
Sun, 30/01/2022 - 18:06

Australia’s leading forecasters expect the Reserve Bank to resist pressure to lift interest rates all year, despite rising interest rates overseas, much higher inflation, plunging unemployment, and financial market traders pricing in two hikes in the next six months.

The 24-person forecasting panel assembled by The Conversation also predicts:

  • weaker economic growth
  • much lower housing price growth
  • next to no growth in the Australian share market
  • little or no further inroads into unemployment
  • and wage growth so weak that real wages go backwards.

Two-thirds of the forecasting panel expect the Reserve Bank to leave rates ultra low until at least the first quarter of 2023, when it will have a better read on price pressure, wages and the jobs market.

Created
Tue, 25/01/2022 - 03:04

Back when I was in advertising, one of my team’s clients was a well-known Irish Airline. They could only afford an 1/8th-page ad in the travel section of the paper. But my partners and I didn’t think creativity was dependent on budget. We were determined to deliver great ads for them—ads that would make a […]

The post Fear of getting noticed appeared first on Zeldman on Web and Interaction Design.

Created
Sun, 23/01/2022 - 20:00
The fiftieth anniversary of Bloody Sunday reminds us that history and geography mean that now, as then, the fates of the two countries are entwined

Almost 50 years ago, in the early hours of 2 February 1972, the British embassy in Dublin was gutted by fire. This was not an accident. A huge crowd had gathered in protest outside the lovely Georgian terrace in Merrion Square all through the previous day. They cheered as young men climbed across the balconies and smashed a window. They threw in some petrol and lit it. A fusillade of petrol bombs was unleashed from the crowd. People chanted the slogan they had learned from the Watts riots in Los Angeles in 1965: burn, baby, burn. The police did nothing to stop the attack.