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."

Sunday, September 19, 2010

Save now rather than starve later... Or so Buttonwood hopes

Buttonwood has a rather ambitious column arguing that rather than dissuading savings, low interest rates could encourage them since they also portend poorer pension prospects. I very much doubt whether this will be the case, but he is worth reading.