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A Senex View · 2W ago

Budget Outcomes

This post  originally appeared at Mike Norman Economics, you can comment there. This post has been a real pain to edit so I apologise if I have missed anything in the conversation below. The near-original version can be seen here. … Continue reading →
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A Senex View · 3M ago

Jobs Matter, People Matter.

This is extremely rough working but all the sources are ABS, RBA, etc, same as The Great Bic New Economic and Market Quiz What was the unemployment average under the coaliton and labor respectively? 5.2 Gillard 5.1 Rudd 6.4 Howard … Continue reading →
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A Senex View · 3M ago

RePost: Australia Day

I think Minnie Mace who I saw on SBS’s Living Black quite some time ago talking about various faiths of today’s Aboriginals said it best. She said: I think that all faiths, religions are like a string of pearls with … Continue reading →
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A Senex View · 4M ago

NGDP Targeting will not work

This comment by Tom Hickey originally appeared at The Economist MMT proponents argue is that there is a difference between money created by fiscal deficits and money created by bank lending. When the government issues currency into non-government it does … Continue reading →
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A Senex View · 5M ago

State of the Nation

The nation’s dependence upon a dated model of private debt expansion, as well as its chosen management strategies for the mining boom, have locked us into a paradigm that is, over time, leading to the selling off of assets to … Continue reading →
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A Senex View · 6M ago

History of Job Guarantees in Australia

This is a history of Job Guarantees in Australia and how they came to be, that is how they evolved.  This is a four part series of about 15 minutes each history of the man known as Red Ted in … Continue reading →
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A Senex View · 6M ago

Barnaby Joyce and Me

On the 1st of October Senator Barnaby Joyce and I had a little exchange on twitter and I must say I was very impressed that he engaged and did not just use twitter as a broadcast mechanism as many other … Continue reading →
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A Senex View · 7M ago

Occupy Wall Street

  Graeber argues that: 1. Debt is a social/political arrangement, open to negotiation and renegotiation. As Graeber emphasizes, this is frequently recognized when it comes to renegotiating debts between the wealthy, between governments, or between governments and the wealthy. Debt … Conti...
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A Senex View · 8M ago

Unemployment is a Government Policy Choice

A common misconception is that if everybody was prepared to take awful enough jobs, unemployment would be eradicated automatically, irrespective of the government’s fiscal stance. Embedded in this argument is a misconception that unemployment, overall, can be eliminated through lower … Continu...
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A Senex View · 9M ago

Quick post on Employment Growth

Full Time and Part Time Job Growth since January this year.  You can see both trends are particularly volatile.  FTE is on a solid downward swing and PTE is on a comfortable upward swing signifying significant loss of income for … Continue reading →
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