Christopher Hill
@Snarky_gnome
Family, Gardening, Maths, Macroeconomics & History. Local Binfluencer.
And it hides behind the veil of anti-Zionism.
One for all the people in the replies to my earlier article, telling me I was making it up… Antisemitism is now a stage 4 cancer in Western societies. x.com/mr_andrew_fox/…
A bit of candour here from the ABC. The DMO & sector competition cannot cover for fundamental changes to system costs.
ABC getting it pretty right here. youtu.be/HId1P0JzzOo?si…
More open discussions around the societal costs of below replacement level fertility rates are needed.
"Academia and think tanks are disproportionately staffed by highly educated professionals who are more likely to be childless or have smaller families. When the people producing research don’t view child-rearing as central to their own lives, it’s less likely to become a focus of…
Gotta pump that housing crises until Middle Class renters are in tents.
Why it is difficult to see property/rental markets loosen to much any time soon. 93,000 people who are permanent or long term (over 12 months) arrive each month. Even if there's a frictionless transfer of dwelling with those departing it is still a lot of people to absorb into…
On cue, post election. Phase 2 of ‘Renewable Energy reduces electricity bills’.
Please read this thread. Transmission costs are going to explode. The institutions are working hard to keep this from coming out, so the true scale of the iceberg ahead isn't perceived from above the surface. Couple of important additional connections. 1/
I’m not sure anyone will ever quantify this, but it does sound suspiciously accurate at the extraordinarily high levels of students we currently accept.
The international student industry is a net economic loss to Australia. Tuition fees are overstated as “exports” because most of the money comes from students working in Australia, not from foreign capital. Students pay little tax, work low-wage jobs, and send billions offshore…
Another $2B on something that doesn’t generate power. Joy.
But just now they're realising they don't have a good way of paying for them. (Of course, this was always a necessary cost for the renewables dominated system, it's just been hand-waved away until now. ) 4/ afr.com/companies/ener…
Another must listen from Michael Every.
youtu.be/Na8cGLxK3FM?si…
The 6 energy lies: 1. experts back our plan 2. 600 billion to build nuclear 3. for 4% of our grid 4. nuclear kills rooftop solar 5. nuclear kills aluminium industry 6. Two billion tonne carbon bomb Glad to share these with @SkyNewsAust yesterday.
An energy expert has exposed the "key lies" used by Labor as part of its fearmongering campaign against nuclear during the federal election. skynews.com.au/business/energ…
Take heed, Australia.
What’s going to be fascinating is how the commodity exporters deal with the coming negotiations. Because on a look-back basis China is the obvious economically beneficial partner. But on a go forward basis if you’ve locked down a large portion of the consuming nations as…
Obvious to most with a passing interest in either history or war.
Geoffrey Corn — former judge advocate general in the U.S. Army, senior adviser on the laws of war for the U.S. Army, and now a respected law professor — spoke to The New Yorker about Israel’s operations in Gaza 🧵
Kudos to @ProfSteveKeen. This long, technical, IMPORTANT article explains what the MMT crowd misses just as much as the free trade obsessives; and it’s why I have been a self described realpolitik “post- post-Keynesian” for years.
x.com/i/article/1915…
Professor Pettis, once again, explaining complex trade problems in simple terms for our benefit. The sign of someone who truly understands their field.
1/14 This article by Tim Harford is useful because it shows some of the partial thinking that often distorts discussions about trade. One area of confusion is when he discusses how comparative advantage works. ft.com/content/21a78e… via @ft
Well said.
Excellent full page in the @dailytelegraph. 👏🏻👏🏻👏🏻
George Magnus argues that we must revive Keynes' Bretton Woods proposal for managing global trade imbalances. I expect a lot more people will eventually be making the same argument. @georgemagnus1 themarket.ch/interview/geor…
EU logic
Europe right now: We are against Trump because he wants to get a quick ceasefire in Ukraine and launch a strategic dialogue with Russia. “Therefore we should should move closer to China which is the state enabling Russia to continue its war in Ukraine."