Today (November 27, 2024), the Australian Bureau of Statistics (ABS) released the latest – Monthly Consumer Price Index Indicator – for October 2024, which showed that the annual inflation rate was steady at 2.1 per cent and is now at the lower end of the RBA’s inflation targetting range (2 to 3 per cent). It…
Music
It’s Wednesday and there are a few topics that caught my attention this week as well as some announcements. And to finish we have some great music. Big computing Fugaku or 富嶽 is the alternative name for Mount Fuji in Japan, that marvellous natural creation that rises south of Tokyo. Fugaku is also one of…
National treasure (yep, he officially is), Clive Palmer, has been seen walking aimlessly around Indooroopilly shopping centre trying to decide what to splash his cash on now that spending money on politicians is no longer an option. ”Poor Clive, he... Read More ›
Well, as I write this late in the Kyoto afternoon, Donald Trump has just made a victory speech after an incredible day of election outcomes unfolding. As I wrote last week, the only moral and reasonable position for a progressive to take in this election would be to vote for Jill Stein and send a…
This is my Wednesday blog post on a Thursday, given that I spent yesterday dealing with Australia’s latest CPI data release. So today I consider a range of topics in less detail, which is my usual Wednesday practice. Today, I comment on the latest ‘State of Climate 2024’ Report just released in Australia. I also…
Some Wednesday snippets. First, I juxtapose the political machinations that the EU President is engaged in to consolidate and expand her power within the European Commission with the reality that Member State governments are becoming dysfunction because social instability and political extremism are rife. Then I reflect on my experience as Chancellor of Britain –…
It’s Wednesday and as usual I am writing about a few issues rather than providing a detailed analysis of a specific issue. Today, I publish the video of Australian launch of our new book – Modern Monetary Theory: Bill and Warren’s Excellent Adventure. I also comment on the current situation in the Middle East and…
Proud Toyota Hilux owner, Jayden Jaydensen has formed an unlikely bond with a local magpie. The 26 year old tradie said he was scoffing down his daily four and twenty during his second lunch break when he saw the magpie... Read More ›
It’s Wednesday and while I usually have a few topics to discuss, today I am concentrating on the recent disruptions to shipping channels and the likely impact on inflation. I was also hoping to post a video of the recent launch of my new book with Warren Mosler in Melbourne on September 12, 2024 but…
It’s Wednesday and I am flat out finishing things today as I am off to Japan again to work once again at Kyoto University. I will keep you updated on the progress of that work and a public event that we are thinking about in November in Kyoto (or possibly Tokyo or both). For now…