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."

Friday, November 12, 2010

A move towards a global currency

I have written about Keynes' idea of a super-sovereign reserve currency, which he called 'bancor', before. Keynes' biographer, Robert Skidelsky, writes about it here, and the gradual shift towards such a solution taking place today (as evidenced by the Geithner plan).