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John Quiggin is an Australian economist, a professor at the University of Queensland. He was formerly an Australian Research Council… more

John Quiggin
H-index: 55
Economics 65%
Business 9%
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by John Quiggin

johnquiggin.bsky.social
I think the solution of a rapid formal approval was the right one. The main issue is political - to make it clear that "local" resistance to clean energy is mainly motivated by ideology rather than amenity. That's often true even if the objectors are from the local area.
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by John Quiggin

johnquiggin.bsky.social
You forgot the irony alerts!
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by John Quiggin

johnquiggin.bsky.social
Add in several trillion apiece for AI stocks and crypto, and the bust is likely to be spectacular if/when it happens.

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by John Quiggin

johnquiggin.bsky.social
A trillion here, a trillion there, pretty soon you're talking real money.
ft.pressreader.com/v...
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Financial Times
News, analysis and comment from the Financial Times, the worldʼs leading global business publication
ft.pressreader.com
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by John Quiggin

johnquiggin.bsky.social
#AUKUS doesn’t need protection from politics. Or rather, it does need protection because proper democratic scrutiny would almost certainly kill it #auspol
AUKUS doesn’t need protection from politics
Democracy works best when defence debates are transparent.
www.lowyinstitute.org
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by John Quiggin

johnquiggin.bsky.social
Objectors to renewable energy are mostly not "locals", they're denialists abusing planning processes. "Waubra Foundation" based in Adelaide pioneered this stuff.
IPC gives rapid approval to giant four-hour battery after long distance objectors force referral
IPC approves giant four-hour battery in just 24 days after long distance objectors forced referral of project that had little local opposition.
reneweconomy.com.au
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by John Quiggin

johnquiggin.bsky.social
Netanyahu could have had these terms at any time after 7 October. In particular, could have extended the first ceasefire, only a month or so in, IIRC
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by John Quiggin

johnquiggin.bsky.social
It’s one thing to abandon the dogmas of neoliberalism. It’s quite another to develop a coherent alternative.
If government bailouts of companies are the new normal, we need a better strategic vision
It’s one thing to abandon the dogmas of neoliberalism. It’s quite another to develop a coherent alternative.
theconversation.com
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by John Quiggin

johnquiggin.bsky.social
Not a complex problem. The situation in #France demands that #Macron deal with the left and reverse some his neoliberal measures. He refuses, again and again.
'Naked' Macron promised end to chaos — so why has France had four PMs in one year?
This French funhouse mirror politics is just the latest in a crisis that has been lurching on since at least 2024.
www.crikey.com.au
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by John Quiggin

johnquiggin.bsky.social
I watched Blake's 7 at the time, also The Bill which must have started around then and Minder.
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by John Quiggin

johnquiggin.bsky.social
NY Times article on Israel mentions Palestinians in passing but not Palestine. Implicit assumption is that a Jewish ethno-state is fine and should be able to keep Palestinians in subjection forever.
A Test Now for Israel: Can It Repair Its Ties to Americans?
Israel’s advocates fear that its conduct of the war has cost it the support of an entire generation of U.S. voters.
www.nytimes.com
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by Ariadne Vromen — Reposted by John Quiggin

ariadnevromen.bsky.social
observer.co.uk/news/columni...
Teenagers’ phone use? It’s the grandparents we should be ...
Maybe our fears about the ill effects of social media, screen time and doomscrolling are wasted on the young
observer.co.uk
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by John Quiggin

johnquiggin.bsky.social
China is not our friend or ally, but neither is the US. On climate, we need to go with China. More generally, Asian and Oceanian nations need to provide a counterweight to both would-be hegemons #auspol
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by John Quiggin

johnquiggin.bsky.social

US and to some extent European carmakers switching from #EVs back to petrol, but it's China that matters now. China pro­duced 18.6mn pet­rol cars last year — of which more than 4mn were expor­ted — com­pared with a peak of 28.1mn in 2017

ft.pressreader.com/v...
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Financial Times
News, analysis and comment from the Financial Times, the worldʼs leading global business publication
ft.pressreader.com
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by John Quiggin

johnquiggin.bsky.social
Pleased to see a shout out to @DanDavies. But no mention of Australia's great contributor, Lex Greensill.
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by John Quiggin

johnquiggin.bsky.social
I first read about the dangers of receivables accounting in The Money Game by "Adam Smith" (aka George Goodman) which I got as a school prize. Exemplar was Brunswick Co that sold pin-spotting machines on credit to bowling alleys. As this article shows, the game goes on.

www.economist.com/fi...
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The most dangerous corner of a balance-sheet
Forget debt. Here is something to villainise
www.economist.com
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by John Quiggin

johnquiggin.bsky.social
You can do the numbers. They are maintaining about 700k in the field and losing 30k a month killed and wounded, about 360k a year. So, the average expectation is about 2 years. Those who were in the initial invasion force must either dead or dead lucky.
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by John Quiggin

johnquiggin.bsky.social
Russia can carry on current WWI-style infantry + drone war with Ukraine indefinitely, but capacity for any kind of rapid advance is almost gone. Good news for the rest of Europe, and good reason to expand support for Ukraine.
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by John Quiggin

johnquiggin.bsky.social
Not placing too much reliance on a single report, but it seems likely that #Russia's vast stockpile of tanks, fighting vehicles and artillery has mostly been exhausted. Navy and air force also depleted, and pre-war army mostly wiped out. 1/2

united24media.com/la...
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From 7,342 to 32—Satellite Analysis Shows Russia’s Depot Armor Is Nearly Spent
An analysis of Russia's military reserves shows a critical shortage of functioning tanks, hindering the Kremlin's ability to sustain its forces on the ground.
united24media.com
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by John Quiggin

johnquiggin.bsky.social
More coming

by John Quiggin

johnquiggin.bsky.social
Yesterday, I found a journal article published in 2021, which I had read as a working paper in 2009. The main author left academia years ago, I believe, but their co-author obviously persisted, managing to get it out in a journal ranked well below where it would have first been submitted.
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by John Quiggin

johnquiggin.bsky.social
The closest thing to .arxiv is the seminar circuit centred on the US NE, where a working paper can be presented to audiences that include the likely referees. Since the paper is out of BU, I'd guess it's going through that process now.
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by John Quiggin

johnquiggin.bsky.social
The publication process is painfully slow in economics, and five years isn't unusual. Rejection rates are above 90 per cent at most good journals, and getting to the point of rejection can take a year.
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by John Quiggin

johnquiggin.bsky.social
"Now, it’s worth noting that this comes from a working paper that has yet to be evaluated by peer review or published in a major journal, and considering that it was first drafted in 2020, I’m guessing it never will." Your guess is probably wrong.
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Reposted by John Quiggin, Stephen M. Walt, Jan W. Mueller , and 6 more

filipecampante.bsky.social
It might be hard to convey to people outside economics just how seismic this is. The Trump effect has most certainly arrived to US academia.
florianscheuer.bsky.social
Florian Scheuer @florianscheuer.bsky.social · 5d
I am delighted to share that Nobel laureates Esther Duflo and Abhijit Banerjee will join our Department of Economics @econ.uzh.ch at the University of Zurich on July 1, 2026, as Lemann Foundation Professors of Economics.

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by John Quiggin

johnquiggin.bsky.social
I was doing smelter bailouts today. I'll try to catch up with this disaster

by John Quiggin

johnquiggin.bsky.social
I assumed as soon as I read about the six-foot tailless monkeys that the informants were having a lend (and in fact that JG was in on the joke).

by John Quiggin

johnquiggin.bsky.social
Labor, the natural party of government in Australia, but no longer the party of initiative
The natural party of government in Australia
But no longer the party of initiative
johnquigginblog.substack.com
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by John Quiggin

johnquiggin.bsky.social
Thanks to my marvellous friends and readers, I've reached my fundraising goal of $1500 and the status of B2GC Champion.

Now all I have to do is keep my head down and turn the pedals about 20 000 times (200 rotations per km for 100km) between Brisbane and the Gold Coast

fundraise.mater.org....
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by John Quiggin

johnquiggin.bsky.social
Yes, it's the withdrawal (and subsequent obfuscation) that's the problem.

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