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."

Monday, February 28, 2011

McKibbin calls for surpluses and labour market flexibility

I spoke to soon (see post below on RBA communications)! Very interesting point about the around 40% of the terms of trade boom being generated by the "ZIRPs" in the US and Europe. This insight presumably comes from McKibbin's G-Cubed model.