Month: December 2018

Productivity through growth – why it makes sense to run the economy hot

Was Dutch economist Verdoorn right when he declared that people are productive when the economy is doing well? A positive spiral. Steve Keen says yes he was, but not necessarily for the right reasons.

Where do you draw the line on migration?

There are pros and cons to migration, so where do you draw the line. I discuss with Prof Steve Keen in this week’s Debunking Economics Podcast.

2018 in Review from the Morning Call Team

The NAB Morning Call team take a look back at what’s been driving the markets in 2018 and what to expect in the new year.

More than a Fed response – equities and dollar down, curve flattens

To say the fall in markets is a reaction to the Fed is over-reach says NAB’s David de Garis on today’s Morning Call podcast. Maybe a Christmas break will help press the reset button.

Fed not dovish enough?

Has the US Fed been dovish enough? I talk to NAB’s Ray Attrill about the stance they have taken, which has surprised many.

Oil lower, Euro economy weaker, Trump warns against a Fed hike

Further falls in oil prices. I ask NAB’s David de Garis ‘when will it stop”?’ Plus, President Trump tells the Fed to read the Wall Street Journal for advice on monetary policy.

The Future of Banks

Do banks have a future or will Fintech companies take over. Prof Steve Keen says they can only go so far, without a bank’s ability to create money.

Festive red is not a colour we want to see right now

A sea of red in the markets today. And, as NAB’s Rodrigo Catril discusses on The Morning Call, it’s not a jolly festive red.

All Brexit options are bad – Merry Christmas

On Sunday I spoke on Katie Perrior’s show on TalkRADIO about the ease or otherwise of moving to WTO rules. Here’s the audio, and here are more thoughts on the matter for those who prefer to read rather than listen.

Driving down for Christmas?

Friday showed further signs of a global slowdown. NAB’s Ray Attrill talks through the latest data from Europe and China, and what a US government shutdown could mean for the Aussie dollar this week.

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