Drought again

Two related articles on drought:

1. just-because-both-sides-support-drought-relief-doesnt-mean-its-right
2. scarcity-drives-water-prices-not-government-water-recovery-new-research

cash rates at 0.75%

Rates at record lows.
how good is our economy?
How good is our government?

more to come

Monetary policy

As we wait here in Australia for the RBA to cut rates to a totally useless new low two different views on monetary policy from vox wonk as I call it.

• monetary-policy-for-a-bubbly-world
• upside-unconventional-monetary-policy-central-bank-balance-sheet-risks

Really interesting

The climate acceleration

In a somewhat amusing aside David Appel tells us of the acceleration in world temperature over the last 14 years.
Will all those innumerate clowns who incessantly talked about an alleged pause now recant and begin to worry about this. Of course they won't.

Around the Traps 30/9/19

It is time again for Around the Traps.

Aussie,Aussie,Aussie,Oy,Oy,Oy

• Greg Jericho on why-australians-shouldnt-give-a-damn-that-the-budget-is-in-balance, down-and-down-go-interest-rates-as-the-rba-does-the-governments-work
• Croaking Cassandra on imf-telling-it-like-it-isnt, policy-costings-office-a-perspective-from-australia, some-imf-modelling-on-nz, a-strikingly-poor-speech-from-the-governor
• Mark Beeson on yes-the-us-australia-alliance-is-important-but-scott-morrison-needs-to-take-a-careful-approach-with-donald-trump
• Martin Bush et al on real-problem-wrong-solution-why-the-nationals-shouldnt-politicise-the-science-replication-crisis
• Stephen Grenville on what-s-so-strategic-about-baby-food
• renew economy on /big-investors-warn-energy-transition-at-risk-without-changes-to-transmission-pricing,grid-reform-urgent-in-race-to-catch-up-with-solar-batteries-and-evs
• Jeremy Moss on when-it-comes-to-climate-change-australias-mining-giants-are-an-accessory-to-the-crime
• PBO on Medium-term_budget_projections
• Ann Twomey on the-uk-supreme-court-ruling-on-suspending-parliament-is-a-warning-for-australian-politicians

Northern America

• Susan Helper on building-high-road-supply-networks-in-the-united-states
• Andrew Prokop on impeachment-pelosi-trump-democrats-ukraine
• New Deal Democrat on tame-inflation-soft-landing
• the conversable economist on a-funny-thing-happened-on-way-to-a-interest-rate-cut, the-charitable-contributions-deduction
• calculated risk on a-few-comments-on-august-new-home-sales
• promarket on the-cost-of-america-oligopoly-problem Thanks Mark
• Carmen and Vincent Reinhart on federal-reserve-powell-policy-dilemma Thanks Mark
• Timothy J Lynch on 8-reasons-why-impeaching-donald-trump-is-a-big-risk-for-the-democrats-and-3-reasons-why-its-not
• Nick Bisley on impeachment-drama-intrudes-trump-s-three-act-foreign-policy
• Russel Berman and Elaine Godfrey on what-pelosis-impeachment-endorsement-means
• Marsha Gessen on trump-impeachment-and-the-democracy-that-happens-between-elections
• Robin Wright on trump-faces-impeachment
• Macro Musings on the-repo-man-cometh
• Nate Silver on if-this-is-trumps-best-case-the-ukraine-scandal-is-looking-really-bad-for-him
• Zack Beauchamp on whistleblower-memo-trump-impeach-democracy

Europe

• Mainly Macro on corbyn-stakes-everything-on-tactical-voting-by-remainers
• Mathew Flinders on brexit-boris-johnson-defeated-by-uk-supreme-court-but-he-could-still-emerge-as-a-winner
• Nick Gruen on strategic-voting-and-avoiding-a-no-deal-brexit

Asia

• Ian Hall on howdy-modi-in-houston-why-indias-narendra-modi-puts-so-much-effort-into-wooing-the-diaspora
• Jonathan Pryke on solomons-and-kiribati-snub-taiwan-china-does-it-matter
• Amy Chew on malaysia-s-dangerous-racial-and-religious-trajectory
• Menzie Chinn on a-closer-look-at-japans-rising-consumption-tax
• Ashraful Hazad on stalemate-leaves-rohingya-refugees-trapped

Wonk

• Mark Beeson and Farida Fosdar on national-identity-cannot-be-separated-climate-times
• stumbling and mumbling on the-trouble-with-capitalism
• the conversable economist on wage-trends-tell-me-how-you-want-to-measure-and -I-will-give-you-an-answer
• croaking cassandra on economists-and-populism
• Sam Roggeveen on sharp-sword-china-and-drone-threat-australia
• Brad Setser on why-global-trade-imbalances-could-get-worse-they-get-better Thanks Mark
• Dallas Fed on do monetary policy announcements shift household expectations Thanks Mark
• John Horgan on is-mathematics-like-science-pluralistic Thanks Mark
• Lane Kenworthy on prospects-for-economic-democracy Thanks Mark
• Andrew Forrest et al on here-is-a-global-solution-to-the-plastic-waste-crisis-and-a-443-million-to-get-it-started

General

• Tim Harford on we-are-all-potential-victims-of-the-con-artist
• Heather Bray and Rachel Ancheny on crying-over-plant-based-milk-neither-science-nor-history-favours-a-dairy-monopoly
• Paul Fritjers on wanted-an-executive-email-service-with-stamps

Climate

• David Appell on date-of-arctic-sea-ice-extents-annual-minimum, the-acceleration
• hotwhopper on more-twitteri-from-climate-disinformers
• Peter Sinclair on are-renewable-prices-following-moores-law
• WMO on landmark-united-science-report-informs-climate-action-summit
• skeptical science on a brief guide to the impacts of climate change on agricultural production
• renew economy on climate-effort-must-be-boosted-five-fold-to-limit-global-warming-to-1-5c
• Martin Stocks et al on australia-is-the-runaway-global-leader-in-building-new-renewable-energy
• Robinson Meyer on ipcc-sea-level-rise-report
• the conversable economist on save-whales-reduce-atmospheric-carbon
• Open Mind on florida-flooding-or-why-donald-trump-will-lose-the-election-in-florida
• Brain Resnick on permafrost-melting

Andrew Gelman ( mainly stats)

• bank-shot
• they-misreport-their-experiments-and-dont-fess-up-when-theyve-been-caught
• funny-citation-year-thing
• persistent-metabolic-youth-in-the-aging-female-brain
• junk-science-and-fake-news-similarities-and-differences
• glenn-shafer-tells-us-about-the-origins-of-statistical-significance
• im-hyper-organized-when-writing-but-disorganized-when-teaching
• a-rational-reason-beyond-the-usual-risk-aversion-or-concave-utility-function-for-wanting-to-minimize-future-uncertainty-in-a-decision-making-setting
• statschat on census-news
• Kaiser Fung on vaping-saves-lives-maybe

Genial Dave Giles ( econometrics)

• No Hesitations on temperature-volatility
• Dallas Fed on the uniform validity of impulse response inference in auto regressions Thanks Mark

Dianne Coyle ( quirky + book reviews)

• institution-free-institutions
• empathetic-economics
• Corey Robin on the-enigma-of-clarence-thomas-on-sale-today

Vox wonk

• global-lessons-euroscepticism
• explaining-business-cycle-synchronisation-using-profits-and-extensive-margin
• sotheby-s-and-christie-s-expand-private-sales
• end-life-medical-expenses
• low-carbon-trade-agreements-new-joint-mission-climate-and-trade-negotiators 
• voters-sophisticated-response-abstention-fines
• new-economics-trade-agreements
• potential-output-and-eu-fiscal-surveillance
• helicopter-money-policy-option
• minimum-wage-effects-across-heterogeneous-markets
• impact-venture-capital-backed-firms-aggregate-economy
• banking-fintech-big-tech-emerging-challenges-financial-policymakers
• multinational-enterprises-global-economy
• ideas-and-influence-martin-feldstein-1939-2019
• latest-brexit-decision-maker-panel
• rise-niche-consumption
• driving-superstar-economy-skilled-tradable-services
• mortality-and-socioeconomic-consequences-state-prescription-opioid-policies

Cricket Season starts

You thought I would talk about Trump and his immoral ways? Not yet.

Back in the good old days the local park completion started on the second Saturday in September. I had One and a half cricket on artificial wickets before the Shires competition started.

Alas These days the combined NCU completion does not start until the Saturday after the log weekend in October!

Although football is my favourite sport cricket is a close second but umpiring is way more enjoyable that refereeing.
not sure why but certainly the behaviour is much better. It seems sometimes the threat of a red card only makes some football players worse.

I am starting with a 5th grade match in Burwood and thus all on my lonesome. Hopefully both captains will embrace the spirit of cricket more importantly respecting the oppositions.

Hers hoping

Morrison shows poor judgement.

Scott Morrison has shown very poor political judgement.

We all want a close relationship with the US HOWEVER we do not want a PM essentially being part of political rally for a incoherent and intellectually  challenged President.

We also do not want a PM essentially echoing the same message as the US President about whether China is a developing or developed economy in the USA.( In itself this is a debatable issue)
Morrison has made himself look like a Trump lickspittle

All in all a very poor look..