Wednesday, 28 September 2016

Steve from Brisbane beats me to it.

Steve from Brisbane has written an admirable article bagging Stagflation Davidson for making a call on the South Australian blackout on NO information.

Typical of the lazy sod!

Davidson like all at Catallaxy never marks his belief to the market.

I should have added commenters at Callaxy must vie with those at Watts up with that as the most clueless of all as you can read

Commenting on the Presidential debate they simply lapped up online polls. Random samples anyone??


Here is a good summary

Tuesday, 27 September 2016

The Presidential Debate

The debate went pretty much as I anticipated indeed predicted. Hillary won in a canter.
She won this easily because she was well prepared and knew the detail and Trump was not and resorted to bluster as well as trump interuptus.

What did surprise me was how Presidential Hillary looked. I really did not think she had it in her.

Trump could not talk about Hillary's greatest weakness either. Her ability to work with a hostile congress.

At this stage we do know only complete nutcases would support Trump.

One thing Clinton got badly wrong was the possibility of recession under Trump. with the Deficit blowing out to reaganesque levels the US economy would be roaring.


I was right

Further Update:
538 confirms Clinton's  thrashing of Trump

Monday, 26 September 2016


My youngest son has been watching the series on Menzies.

I was wondering whether they would talk about inflation hitting 35% under Menzies when we had the Korean war boom. No. what about Menzies probably losing both the 54 and 61 elections under fair electoral boundaires. any mention that it was Black Jack McEwen that was responsible for the Japan trade deal so if anything went pear-shaped he got the blame.

No mention of the protectionism of industry that made it a house of cards and when we were hit with an overseas shock it all came crumbling down. any mention of the Vernon committee that produced the finest report post WW2 ( and which Whitlam based his 69 and 72 campaigns. He actually had a lot of supply side reforms!)

What we got was yet another one sided or worse and ignorant view of the Menzies era,

He had a lot of luck but used it brilliantly. Just compare Shorten and his tactics now to Calwell after the 61 election.

Indeed read Daly's  memoirs on the era.entertaining reading. Evatt a genius and then a mad man. Calwell never having the strategic nous..

Tuesday, 20 September 2016

Must reading for public policy wonks

If you love reading then Dianne Coyle's blog is a must read.

She has an absolute must read for reading if you are into public policy.


Monday, 19 September 2016

Around the Traps 23/9/16

It is time for Around the Traps again.

Aussie,Aussie,Aussie, Oy, Oy,Oy
Northern America





Andrew Gelman (mainly stats)
Genial Dave Giles (econometrics)
  • nutting not happy Dave!
Dianne Coyle (quirky + book reviews)

Vox wonk

Getting Old

I am feeling my age.

Last Thursday I went into hospital for my now once every two years colonoscopy Apart from the lack of food it isn't that bad.

However I got vertigo form a viral condition and combine this with nausea and I am feeling very weird at present. .When I walked to the doctor it was id I have been an all nighter.

At present I cannot do a thing.

Getting old sucks!

Thursday, 15 September 2016

Around the Traps 16/9/16

It is time for Around the Traps.

Northern America
Andrew Gelman ( mainly stats)
Genial Dave Giles (econometrics)
Dianne Coyle (quirky + book reviews)
Vox wonk