The author has been described by News Ltd as an "iconoclast", "Svengali", a pollie's "economist muse", and "pungently accurate". Fairfax says he is a "Renaissance man" and "one of Australia’s most respected analysts." Stephen Koukoulas concludes that he is "85% right", and "would make a great Opposition leader." Terry McCrann claims the author thinks "‘nuance’ is a trendy village in the south of France", but can be "scintillating" when he thinks "clearly". The ACTU reckons he’s "an enigma wrapped in a Bloomberg terminal, wrapped in some apparently well-honed abs."

Tuesday, June 8, 2010

Inflation, disinflation or deflation? Catch the debate...

It must be arguably one of the most complex economic questions of our time: do we face inflation, deflation, or disinflation? It is the conundrum that the best minds sitting over at Martin Place are trying to wrap their pointy heads around. Unfortunately, I don't have time to discuss it right now. But you can catch a lively online debate from some of the most impressive economic brains in the world over at The Economist. One clue to the answer is that there is no single solution; the price pressures Australia faces will likely be very different to those confronting the US and Europe.