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??

Update:

Here is a good summary

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.

update:

I was right

Further Update:
538 confirms Clinton's  thrashing of Trump

Menzies

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..

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.

Enjoy

Around the Traps 23/9/16

It is time for Around the Traps again.

Aussie,Aussie,Aussie, Oy, Oy,Oy

• Gregory Melloush on todays-leaders-could-learn-from-menzies-who-built-modern-australia-without-acting-in-haste
• Peter Martin on meet-debelle-and-lowe-odd-couple-wholl-run-the-RBA , no-longer-retrospective-super-changes , the-extraordinary-costs-of-offshore, government-considering-national-default-super , the-true-cost-of-our-insanely-low-newstart-allowance
• Lorenzo on why-hasnt-the-politics-of-immigration-in-australia-gone-feral
• John Quiggin on last-chance-on-climate-change-policy , new-zealands-zombie-miracle , why-cant-our-leaders-learn-from-30-years-of-failure-in-health-and-education
• Roger Shanahan on Time-for-Canberra-to-come-clean-on-what-were-doing-in-Syria
• Kevin Bonham on 2016-house-of-reps-results-finalised , federal-election-2016-best-and-worst-pollsters , federal-2pp-aggregate-methods-45th , field-guide-to-opinion-pollsters-45th
• Thomas the think engine on /house-price-omens
• Jeffrey Knapp on asic-company-data-should-be-open-and-free-even-malcolm-turnbull-agrees
• Peter Whiteford on the-4-8-trillion-dollar-question-will-an-investment-approach-to-welfare-help-the-most-disadvantaged
• Stephen Grenville on Hows-the-Australian-economy-going
• Ross Gittins on faster-growth-demands-better-chief-executives  , brave-minister-wants-us-to-think-about-road-user-charges , the-rules-on-how-we-conduct-monetary
• Greg Jericho on christian-porters-welfare-figures-are-designed-to-shock-pay-them-no-respect
• Ken Parish on would-the-high-court-uphold-sections-18c-and-18d-of-the-rda-on-constitutional-grounds
• Richard Holden on vital-signs-lowe-makes-the-case-for-good-government-debt
• John Gooding on How-much-do-Australians-actually-want-a-ban-on-Muslim-immigration
• Frances Voon on What-if-other-countries-copied-Australias-border-security-example

Northern America

• Martin Longman on you-break-it-you-own-it  Thanks Brad 
• Roger Farmer on unemployment-and-hours-are-very-different-animals
• Bruce Bartlett on opinion/its-not-too-late-to-fix-fox-news Thanks Brad
• Noah Smith on what-do-white-americans-stand-to-lose
• Calculated Risk on comments-on-august-housing-starts , a-few-comments-on-august-existing-home-sales
• Mark Thoma gives us Tim Duy on fed-watch-ahead-of-the-fomc-meeting
• Barkely Rosser on it-is-monday-and-washington-post-is-saying-dumb-things
• Robert Waldmann on unskewing-538
• Timothy Taylor on audit-studies-and-housing-discrimination , tax-code-carrots-and-sticks-for-health-insurance-an-update , economics-of-immigration-nas-report
• Jason Furman on dynamic_taxreform Thanks Mark
• Narayan Kocherlakota on professors-aren-t-feeling-the-economy-s-pain  , the-fed-s-mission-a-rocket-launch-from-jupiter Thanks Mark
• Progrowth liberal on how-many-ways-can-niall-ferguson-contradict-himself-on-economic-policy
• Carola Binder on  the-economics-of-crime

Europe

• Ken Thomas on thats-what-im-talkin-about-ireland
• Simon Wren-Lewis on in-long-run-our-children-are-adults , the-treasury-and-brexit , explaining-macroeconomics-to-swabian-housewives , inequality-under-labour-government
• Daniel Hough on merkels-party-slumps-in-berlin-election-but-dont-count-her-out-for-2017
• Simon Heffer on Vale-David-Cameron-His-only-legacy-a-massive-miscalculation
• Daniel Woker on Joining-the-dots-between-the-US-pivot-Brexit-and-a-European-army
• Chris Dillow on the-centrist-crisis
• Phillip Heimberger and Jakob Kapeller on how-economic-policy-drives-european-disintegration Thanks Mark

Asia

• Euan Cameron on North-Korea-Reaching-for-Armageddon1
• Brad Setser on china-can-now-organize-its-own-financial-coalitions-of-the-willing Thanks Mark
• Ahmad Shujha on Afghanistan-conflict-fuels-desperate-journeys
• David Beckworth on the-bank-of-japan-monetary-mastery-or-quantitative-quagmire
• Mohamed Al Erian on japan-s-central-bank-experiments-at-the-wrong-time Thanks Mark
• Shino Takahama on explainer-why-the-japanese-economy-is-stuck-in-a-holding-pattern
• Joe Gagnon on realtime-economic-issues-watch/bank-japan-good-strategic-revision-tactics-still-lag Thanks Mark 
• Ben Bernanke on the-latest-from-the-bank-of-japan Thanks Mark 

Wonk

• Narayana Kocherlakota on how to build a better macro-economics Thanks Mark 
• Nick Rowe on do-monetary-shocks-matter-much
• Edward Lambert on inflation-tied-profit-margins
• Brad De Long on the-clones-of-jim-tobin-vs-the-gravitational-pull-of-chicago-a-paul-krugman-production
• Timothy Taylor on declining-competition-in-us-markets
• Noah Smith on free-trade-s-unwilling-victims , monetarists-are-out-of-ideas , trust-gains-as-a-fudge-factor-in-economics , companies-that-discriminate-fail-eventually
• Chris Dillow on immigration-as-social-mobility , in-defence-of-technology-shocks , persuasion-in-a-post-truth-world
• Richard Serlin on ai-and-krugmans-hot-dogs Thanks Mark
• Kruggers on what have we learnt from the crisis Thanks Brad
• Simon Wren-Lewis on paul-romer-on-macroeconomics , what-is-so-bad-about-rbc-model
• Livio De Matteo on is-it-banking-crisis-season
• Sandwichman on nine-spades-are-lump-of-leets , one-mans-profit-is-anothers-loss
• Coppolla Comment on some-unpleasant-trade-realities
• Miles Kimball on negative-rates-and-the-fiscal-theory-of-the-price-level Thanks Mark
• Paul Romer on trouble-with-macroeconomics-update  , letter-from-an-aspiring-macroeconomist-with-responseThanks Mark
• Tim Harford on how-insurers-keep-the-money-pump-flowing
• Eric Lonergan on fiscal-subservience-a-reply-to-chris-sims
• Leon Berkelmans on /Where-economics-fits-in-the-security-debate
• John Quiggin on brexit-and-bigotry
• David Glasner on paul-romer-on-modern-macroeconomics-or-the-all-models-are-false-dodge
• Marc Lavoie on rethinking-macro-theory Thanks Mark

General

• Claudia Taxreiter on UN-Refugees-Summit-Operation-Sovereign-Borders-under-global-scrutiny
• Scott Ferraro on no-cutting-your-cars-carbon-emissions-wont-cost-you-more

Climate

• David Appell on arctic-sea-ice-has-nadired , another-paper-has-been-published
• Hotwhopper on one-of-fastest-arctic-sea-ice-growths
• Realclimate on what-is-new-in-european-climate-research
• and Then Theres Physics on engineering-the-software-for-understanding-climate-change , weather-or-climate-change  
• Variable Variability on global-warming-goes-viral
• Real climate on can-a-blanket-violate-the-second-law-of-thermodynamics
• Tamino on misleading-trends-sea-level-version
• Moyhu on crutem-hadcrut-versions-are-documented-and-accessible
• Robert Stavins on a-key-moment-for-california-climate-policy Thanks Mark
• Greg Laden on what_we_need_to_do_to_stop_global_warming_climate_change

Andrew Gelman (mainly stats)

• another-item-for-uris-comment-section
• acupuncture-paradox-update
• methodological-terrorism
• what-has-happened-down-here-is-the-winds-have-changed
• solving-statistics-problems-using-stan-my-talk-at-the-university-of-michigan-this-fri
• why-is-the-scientific-replication-crisis-centered-on-psychology
• multicollinearity
• why-doesnt-this-apparent-case-of-plagiarism-bother-me-at-a-gut-level
• trump-1-in-florida-or-a-quick-comment-on-that-5-groups-analyze-the-same-poll-exercise
• a-break-in-the-thin-blue-line
• and Then Theres Physics on science-is-broken

Genial Dave Giles (econometrics)

• nutting not happy Dave!

Dianne Coyle (quirky + book reviews)

• public-policy-reading , humans-need-not-apply , what-next-3
• Tim Harford on autumnal-reading

Vox wonk

• political-foundations-lender-last-resort
• esbies-safety-tranches
• income-inequality-globalising-world
• esbies-safety-tranches
• sharing-business-models-between-multinational-parent-firms-and-their-affiliates
• rethinking-inflation-targets-long-zlb-episodes
• how-computer-automation-affects-occupations
• natural-resource-extraction-and-local-business-constraints
• how-regulate-ceo-pay-and-how-not-do-it
• after-2004-eu-accession-countries-increased-trade-australia
• tax-policy-guided-public-opinion-inequality
• new-approach-valuing-architectural-amenities
• framework-measuring-tasks-across-occupations

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!

Around the Traps 16/9/16

It is time for Around the Traps.

Aussie,Aussie,Aussie,Oy,Oy,Oy

• Thomas Clarke on a-history-of-failed-reform-why-australia-needs-a-banking-royal-commission.
• David van Mill on explainer-what-is-free-speech
• Dennis Muller on free-speech-and-the-media-are-too-often-in-a-marriage-of-convenience
• Nick Gruen on regulatory-responsiveness-and-industry-policy , why-is-our-faith-in-democratic-politics-collapsing
• Marion Terrill and Owain Emslie on road-user-charging-belongs-on-the-political-agenda-as-the-best-answer-for-congestion-management
• Greg Jericho on even-with-further-rate-cuts-new-home-buyers-will-have-historically-high-debt , jobless-rate-offers-coalition-a-chance-to-brag-so-why-has-it-barely-had-a-mention
• Katherine Gelber on free-speech-is-at-risk-in-australia-and-its-not-from-section-18c-
• Luke McNamara on section-18c-is-an-important-part-of-a-civilised-society-and-no-threat-to-free-speech
• Dallas Rogers on australias-housing-affordability-problem-explained-in-five-historical-steps
• Various on why-is-trachoma-blinding-aboriginal-children-when-mainstream-australia-eliminated-it-100-years-ago
• Andrew Zammitt on Terrorism-Its-not-all-in-the-numbers
• Stephen Grenville on Few-benefits-likely-from-a-trade-deal-with-post-Brexit-Britain
• Ross Gittins on why-super-tax-changes-mustnt-be-watered-down
• John Quiggin on recognising-racism
• Dylan McCormick on factcheck-have-eight-of-australias-12-most-emission-intensive-power-stations-closed-in-the-last-five-years
• Richard Holden on vital-signs-flat-employment-remains-worrying-for-australia

Northern America

• Lael Brainard on the new normal and what it means for monetary policy Thanks Brad 
• Timothy Taylor on /kindergarten-readiness-gap , how-poverty-limits-bandwidth
• James Kwak on confused-about-taxes Thanks Mark
• Ben Bernanke on modifying-the-feds-policy-framework-does-a-higher-inflation-target-beat-negative-interest-rates Thanks Mark
• Edward Lambert on mon-move-core-inflation
• Narayana Kocherlakota on the-fed-is-planning-for-another-slow-recovery Thanks Mark
• Thomas Pally on the Fed must rethink on how it tightens monetary policy Thanks Mark 
• Nate Silver on election-update-has-clintons-bad-weekend-moved-the-polls , election-update-democrats-should-panic-if-the-polls-still-look-like-this-in-a-week
• Calculated Risk on key-measures-show-inflation-close-to-2%-in-august
• Narayana Kocherlakota on the-fed-is-about-to-make-a-mistake Thanks Mark

Europe

• Seamus Coffey on the-apple-ruling-what-do-we-know
• Simon Wren-Lewis on trump-brexit-and-balance
• Brad Setser on there-really-is-no-reason-for-germany-not-to-do-a-fiscal-stimulus-right-now  m do-not-count-european-fiscal-chickens-before-they-hatchThanks Mark
• Chris Dillow on rather-good-at-it
• Barry Eichengreen on small-uk-export-boost-since-brexit-vote Thanks Mark
• Marcus Coila on Alternativlos-The-future-of-Angela-Merkels-chancellorship

Asia

• Roger Shanahan on The-Sryia-(no-big)-peace-deal
• Euan Graham on Russia-over-a-South-China-Sea-barrel
• Helen Clark on Why-Vietnam-has-India-in-its-sights

Wonk

• Simon Wren-Lewis on stock-flow-consistent-models-response-to-Jo-Michell , /economics-dsge-and-reality-personal
• Nick Rowe on money-stocks-and-flows , do-monetary-shocks-matter-much
• Joseph Joyce on the-search-for-an-effective-macro-policy
• Chris Dillow on meritocracy-vs-freedom , fat-and-lazy , the-dying-bird-of-globalization , an-academic-problem
• Mean squared Errors on houdinis-straightjacket , the-microfoundations-hoaxThanks Mark
• David Glasner on where-do-monetary-rules-come-from-and-how-do-they-work , nick-rowe-ignores-but-does-not-refute-the-law-of-reflux
• Roger Farmer on why-central-bankers-are-like-sheepdogs
• Coppolla Comment on are-inheritance-taxes-unfair
• Cecchetti and Schoenholtz on inflation-and-fiscal-policy Thanks Mark 
• Sandwichman on brankos-lumps
• Paul Romer on the_trouble_with_macroeconomics  , WP-Troublethanks Mark
• Noah Smith on the-new-heavyweight-macro-critics 
• Necmi Akiran on shadow-banking-increases-the-risk-of-another-global-financial-crisis
• Mark Thoma on we-need-to-move-on-from-existing-theories-of-the-economy
• Ric Lonergan on there-is-no-r
• Barkely Rosser on whither-agent-based-macroeconomic-modelling
• Robert Waldmann on macro-mess Thanks Mark

General

• Rachel Morrison on get-out-of-my-face-were-more-antisocial-in-a-shared-office-space
• Deborah Corrigan on what-is-the-role-of-a-teacher
• Peter Ellerton on what-exactly-is-the-scientific-method-and-why-do-so-many-people-get-it-wrong

Climate

• David Appell on la-nina-looking-even-less-likely , clarifying-past-discussion-on-greenhouse-effect
• hotwhopper on troposphere-temperatures-for-august-2016 , crikey-hottest-august-on-record
• Tamino on climate-deniers-embarrass-themselves-about-arctic-sea-ice , global-temperature-hot , hot-days-down-under , brian-coxs-denier-takedown-a-high-point-for-climate-journalism , speedup-skeptic
• and Then Theres Physics on the-attribution-question , why-i-find-it-difficult-to-discuss-climate-policy
• David Stern on progress-on-new-climate-modeling-paper
• Peter Sinclair on arctic-sea-ice-minimum-reached
• Arctic sea ice blog on asi-2016-update-7-minimum-time
• Elisabeth Boulton on How-climate-scientists-cut-through-a-political-log-jam-of-gigantic-proportions
• Moyhu on thermodynamics-of-climate-feedback , arctic-ice-freezing-antarctic-melting
• Realclimate on predicting-annual-temperatures-a-year-ahead
• Stoat on massive-cover-up-exposed-285-papers-from-1960s-80s-reveal-robust-global-cooling-scientific-consensus

Andrew Gelman ( mainly stats)

• genius-is-not-enough-the-sad-story-of-peter-hagelstein
• bayesian-statistics-then-and-now
• solving-statistics-problems-using-stan-my-talk-at-the-nyc-chapter-of-the-american-statistical-association
• no guarantee
• lets play twister 
• evaluating-online-nonprobability-surveys
• sharing-data-heres-how-you-do-it
• an-auto-mechanic-style-sign-for-data-sharing
• redemption
• pro-publicas-new-surgeon-scorecards-2
• Kaiser Fung on gmo-labeling-is-good-science , quote-of-the-month, thank-you-buzzfeed-for-noticing-us-humans, know-your-data-20-trust-and-distrust-in-our-surveillance-society

Genial Dave Giles (econometrics)

• No Hesitations on time-series-econometrics-and-climate-change , 1989-and-all-that

Dianne Coyle (quirky + book reviews)

• capital-and-its-morals , the-vanishing-middle-class , post-truth-rhetoric
• David Flannery on ancient-life-in-greenland-and-the-search-for-life-on-mars
• Claudia Sahm on with data comes responsibility

Vox wonk

• origin-of-secular-stagnation
• intergenerational-mobility-denmark-and-us
• efficiency-entry-monopoly-and-market-deregulation
• wage-stickiness-and-unemployment-regulated-and-unregulated-labour-markets-italian-evidence
• budget-related-cross-border-flows-eu-versus-us
• ideas-reinhard-selten
• estimating-currency-misalignment-using-penn-effect
• role-blockholders-governance
• peer-peer-fundraising-and-relational-altruism-charitable-giving
• article/vix-and-its-derivatives
• health-insurance-competition-and-consumer-welfare
• consumption-network-effects
• mercosur-not-really-free-trade-agreement-let-alone-customs-union
• trade-globalisation-last-two-centuries
• competition-and-sorting-evidence-bundesliga-football