China is doing what it can to boost infrastructure investment, perhaps fearing the worst outcome from a Trump-Xi meeting at the G20 later this month. It boosted equity markets for a while, but not the whole session. Phil Dobbie talks to NAB’s Rodrigo Catril about the latest on the Chinese economy, the expectations for US CPI tonight, the slide in the Aussie economy, evidenced by yesterday’s NAB Business Survey, and a range of central bank speakers today and tonight. Will Mario Draghi finally admit the European economy isn’t in such great shape?
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Does Modern Monetary Theory make sense?
Steve Keen is a support of MMT, in part, but departs from the ideology when it comes to the theory relating to exports and imports.
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Running knowledge economies using production-based theories
Are we trying to apply theory developed for production-based economies, on economies driven by knowledge? It’s worse than that says Steve Keen.
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Should the ACCC be charged with regulation?
The framing paper for the Vertigan Review asked whether the ACCC should be responsible for the economic regulation of the telecommunications industry. Should they?
