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."

Wednesday, March 23, 2011

Gans: Is Krugman worth it (and other links)

A good post by Prof. Joshua Gans over at the Havard Business Review site explaining the economics of accessing Paul Krugman under the NYT's new (semi-)paywall. The Oz's Michael Stutchbury has a solid article on the ramifications of the current resources boom here. Conservative blog Catallaxy Files covers the sweeping leadership changes at the AFR. And in this excellent PIMCO article, Mohamed A. El-Erian asks:

"In addition to these country- and sector-specific issues, there is an important macro question that we should all keep on our radar screens: In aggregating the impact of all these exogenous shocks, how close is the world economy getting to an unfavourable tipping point? This question assumes growing importance and complexity given that much of the potency of policy responses, be they fiscal or monetary, has been used up in the successful efforts to avoid the global depression that would have followed the 2008 global financial crisis."