Reading

Created
Sat, 16/04/2022 - 03:37

Fans of this website will perhaps remember a certain house from the “worst of suburban Illinois” post. I’m here to alert you to the fact that the interior of said house may in fact be the pinnacle of what has been dubbed by my colleague Cocaine Decor as “Cocaine Decor.” This 1990 house has lived rent free in my brain for a while, and now it will live rent free in all of yours. It sits at $1.1 million USD and precisely 10,000 square feet, each of which exists in ignorance of the Light of God.

Remember her? I wish I didn’t. Anyway.

Created
Sat, 16/04/2022 - 02:22
Starting from the seminal works of Wynne Godley (1999; Godley and Lavoie 2005, 2007a, 2007b), the literature adopting stock-flow consistent (SFC) models for two or more countries has been flourishing, showing that consistently taking into account real and financial markets of two open economies will generate different results with respect to more traditional open economy models. However, few contributions, if any, have modeled two regions in the same country, and our paper aims at filling this gap.
Created
Thu, 14/04/2022 - 17:45
I guess it’s appropriate that we can’t agree on what the brain worms metaphor’s original vehicle actually is. In his description of the Internet culture term, Max Read claims, reasonably, that the originals are maybe like tapeworms or toxoplasma. But I always think about the Ceti Eel in Wrath of Khan (but then, I’m always thinking of Wrath of Khan, especially, these […]
Created
Wed, 13/04/2022 - 12:13

When Labor leader Anthony Albanese couldn’t say whether the unemployment rate was 5% or 4% on Monday, he might have had a point.

It’s 4%. But for a decade – the entire decade leading up to COVID – it never strayed too far from five-point-something per cent.

Melbourne University labour market specialist Jeff Borland points out that in March 2010, Australia’s unemployment rate was 5.4%. Ten years later, before COVID changed things in March 2020, it was 5.3%.

Created
Mon, 11/04/2022 - 22:59
I’m writing an open access e-textbook on homelessness. Each chapter will be uploaded to my website as it becomes available. I’ve just finished Chapter 1 titled “What causes homelessness?” A ‘top 10’ overview of Chapter 1 is available here (in English): https://nickfalvo.ca/what-causes-homelessness/ An ‘top 10’ overview in French is available here: https://nickfalvo.ca/quest-ce-qui-cause-litinerance/ The full chapter is available here (English only): https://nickfalvo.ca/wp-content/uploads/2022/04/Falvo-Chapter-1-What-causes-homelessness-4apr2022.pdf
Created
Mon, 11/04/2022 - 21:05

Offered a menu of issues to choose from as the most important in the May 21 election, Australia’s top economists have overwhelmingly zeroed in on one.

Three quarters of the 50 top economists surveyed by The Conversation and the Economic Society of Australia have nominated “climate and the environment” as the most important issue for the incoming government and the most important in the election.

The 74% who nominated climate and the environment is more than twice the proportion that nominated the four substantial runners up: housing availability and affordability, health, tax reform, and education.

Created
Sun, 10/04/2022 - 17:21

The latest edition of our magazine TARDIS is now available to buy from the DWAS Online Shop - just click the link above to buy.

We celebrate the Second Doctor, Patrick Troughton, and 55 years of the Yeti in issue 4 of Tardis, published in aid of The Multiple Sclerosis Society.

read more

Created
Wed, 06/04/2022 - 22:31
I recently contributed an essay to a paper series published by the University of Toronto’s Institute on Municipal Finance and Governance. The focus of my own essay is the role Canadian municipalities can play in addressing homelessness. A ‘top 10’ overview of the essay can be found here (in English): https://nickfalvo.ca/what-can-municipalities-do-about-homelessness/ A ‘top 10’ overview of the essay can be [...]
Created
Wed, 06/04/2022 - 21:01

One of the strangest, certainly one of the hardest to justify, measures in last week’s budget was called “supporting retirees”.

A better title would have been “supercharging the wealth of those retirees who already have more than enough to live on”.

It flies in the face of the findings of the government’s own retirement income review and legislation it introduced partly in response earlier this year.

It happens not to support the living standards of retirees at all. It will enable some to spend less on themselves than they would have, while enabling those with serious wealth to accelerate the accumulation of even more, tax-free.

Created
Mon, 04/04/2022 - 09:38
You can hear in the background of this blog, like a creek at the end of a field, a constant wash of attitudes changing. Not much, to be honest, or not as much as I’d hope. At the end of college, a friend of mine was terrified of backing into just one role, ending up […]