@HenryErgas again chooses the inevitable epithet: Swan as Rudd’s epigone…the midget against Thebes. Peerless essayis.gd/FXhI7MHy
insteconomics Great profile of economists advocating open borders theatlantic.com/international/…
RT @howserob: did NAFTA “save” Uruguay Round? In US Congress, probably. Clinton had no “TPA” before NAFTA bill. 1991 EC CAP reforms key too.
Where labor supply is elastic (migration), the measure of long-run performance is population size not GDP/Cap:: is.gd/neGh6P
Task of the next @wto head is relevance. What does WTO offer the 21st century? Half baked fix-ups from the 1980’s and a pre-China “Agenda”!!
“Aus. is not a race, ethnicity or constitution. It is an idea” (@mirandadevine: is.gd/D2ZO7o) ) Only a half-formed one, thank god!
My new fav North Korean pic. The kepi! Those button-up cuffs! So chic! bit.ly/15Dani3
Boston bombings in (USA) context. Good. slate.com/articles/news_…
A. Bolt’s suggested inference (blogs.news.com.au/heraldsun/andr…) about Islam & terrorism is inflammatory and implausible. See::aidwatchers.com/2011/03/the-co…
Is China swinging the lead in FTA? Aus has same $1bn FIRB threshold for USA & NZ, but China our inevitable partner::theaustralian.com.au/business/in-de…
FIRB barriers to FDI are unnecessary, probably useless, prudential controls & harm trade, integration with Asia is.gd/EmDNJP
Emerson won’t lift FDI discrimination (is.gd/EmDNJP) altho Chinese SOEs already among our biggest investors is.gd/kiGitT
First Euro, Aus. & now U.S. social democrat govts set out to raid personal savings to prop ‘redistributive’ deficits online.wsj.com/article/SB1000…
Napthine: “We know that [huge Govt-led trade junkets to China] work”. Balls! Sales no proof; the counterfactual? :: theaustralian.com.au/business/in-de…
Lucian on The Way to Write History: ironic, smart, rather decorously clad in the exemplary prose of H.W & F.G. Fowler is.gd/tELgl1
Three quarters of FDI in Australian resource sector since 2007 has been reinvested earnings is.gd/IKvBMO
Felix Salmon on the bitcoin bubble makes a good case for a bank-disintermediating payments system like @Ripple::medium.com/money-banking/…
Not only bone-headed and destabilising, as H Ergas shows, but sure to be a profitless tax on self-funded pensions::theaustralian.com.au/opinion/column…
@scottlincicome I feel better already…
USA pre-negotiates Japan’s entry to TPP talks. Must China reach a prior US deal too? TPP becomes a terrible idea. m.asia.wsj.com/articles/a/SB1…
Swan says $100k pension from my own savings is more “government assistance” than the “maximum rate of the Single Age Pension”. Bullshit!
“How often do you hear people calling for free trade (also) argue for stronger anti-dumping laws, a form of protectionism?” @rupertmurdoch!
Marie Pangestu (IDN) my tip for WTO D-G. online.wsj.com/article/SB1000…
RT @insteconomics:: @WarwickMcKibbin flags structural challenges for Oz economy in US energy revolution brookin.gs/7QGf
@ulyssesapp @jjgod +1 for LaTeX export & critic markup; or is that +2?
Hard to see high ambition in leaked EU mandate for TPIP. Services goals narrow (Jones Act safe), SPS boilerplate..s2bnetwork.org/fileadmin/date…
@snlester @scottlincicome can’t believe you’re even paying attention to this Occupy crap (shonk = bonkers shaman)
“All models are wrong but some are useful”, Rob Hyndman’s tribute to a great statistician George Box: is.gd/BSObPC
Another zinger from H Ergas. ALP’s shambles, aimless insolence mirrors the global decline of Social Democrat parties is.gd/GxIzWf