Author: Yiping Huang, Peking University and ANU
Paul Krugman is one of the international economists I most respect. He is a towering figure in the study of international trade. But his understanding of some international economic policy issues is, to put it generously, naïve. In fact, were the Obama administration to follow his policy advice, the world economy could encounter more serious difficulties, if not another recession, in the years ahead.
That’s the title of my Fin column for Thursday 11 March 2010, which naturally picked out The Australian newspaper as a prime vehicle for these attacks. The Oz replied next day, with characteristic mendacity, pointing out that, on the same day they
ran an opinion piece by climatologist James Hansen, the NASA Goddard Institute for Space Studies chief who also happens to be known rather snappily as the “father of global warming”.
Only problem was, they weren’t running Hansen to defend science against their attacks, but because his policy views (he opposes an ETS and supports nuclear power) could be used in their continuing wedge campaign. The piece (can’t find it to link ran under the headline “”Only carbon tax and nuclear power can save us”
Anyway, here’s my piece
Read more »
NSW Premier Kristina K. Keneally won't accept the NSW Northern River's invitation to visit but has just released a glossy new 12-page brochure called "100 Days, A New Direction for NSW" reported to contain 124 photos of her smiling face - all at taxpayers' expense. Albeit in what seems to be a limited print run.
While this obvious vanity puff piece is at my and your expense I cannot find an official copy online anywhere. It's not on her blog or the official NSW Premier's website as I write.
So who's going to see this American-style propaganda? Just the media and select vippies in the cities? Read more »
Arsalan Ali Faheem in 77 Long Drives:
My neck stiffened.
There were gasps at the back.
You could smell fuel in the air.
Someone lit a cigarette.
I dug my shoes into the car’s frame. toes pressing down on the sole.
I dared a glance to the right. The d-man stared back. His right eye was green, left one was grey.
HIS RIGHT EYE WAS MADE OF GLASS! Read more »
We're here at SXSW Interactive in Austin, where tech entrepreneurs and Internet mavens gather every year to talk up the future of the Web, show off their projects and, of course, eat barbecue. Follow along with @popsci.
Precisely
"Taking a legal case over exchange rate misalignments to the WTO would probably fail, and take years in any case. The only real route left is to unilaterally slap tariffs on Chinese imports to compensate for alleged currency undervaluation. That would be a nuclear option that really could spark the destruction of the postwar world trading system, and it doesn’t look like the US is quite desperate enough for that yet." Extract from Alan Beattie in the FT - Skirmishes are not all-out trade war
This weeks Essential Report comes in with the primaries running 45(up 2) /38 (down 2) to Labor, washing out into a two party preferred of 56/44 the same way – a 2 point gain to the ALP. The Greens are on 9 (steady) while the broad “Others” are on 8 (down 1).
This comes from a rolling two week sample of 1908, giving us an MoE that maxes out around the 2.2% mark. This is the second week that Essential has moved back to Labor, suggesting that there’s been somewhat of a turning point in Labor’s fortunes over March. This is Labor’s equal best Essential Report all year on the voting intentions – but when you combine it with some of the results from the additional questions, it’s their best by far. Read more »
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