A new sandpit for long side discussions, conspiracy theories, idees fixes and so on.
Category: Economics – General
A bit more on grid renationalisation
Workless, or working less?
That’s the title of my review of Tim Dunlop’s excellent new book, Why the Future Is Workless, published at Inside Story. It’s over the fold.
Jobs, robots and self-driving vehicles
Lately I’ve been reading Tim Dunlop’s excellent book Why the future is workless , and thinking about the issues it raises, particularly in the light of the prospect of autonomous vehicles and other transport technologies. Tim raises the obvious question: what will happen to people who currently drive for a living, and the broader issue of whether any kind of work will survive the process of automation.
The Australian’s clean coal magic trick
A day after my post pointing out the failure of CCS, the Oz has a piece by Nathan Vass of the Australian Power Project (which appears to be a solo effort), claiming that it’s finally on the way. My response is in Crikey, with the title above.
Windyware
In the computer business, the term “vaporware” refers to products that are announced, described in glossy brochures, and even offered for sale, but never actually delivered.
A similar term is certainly needed for books. My own book-in-progress, Economics in Two Lessons is years behind schedule, but a first draft is, at least, in sight.
The prize, in this respect, must surely go to Keith Windschuttle. His Fabrication of Australian History: Volume I, released in 2002, made a big splash This was not so much because of the contents (some quibbles over footnotes, along with a lawyerly attempt to blame Tasmanian indigenous people for their own disastrous fate). Rather, it was the promise of future volumes II and III, on a yearly schedule. Volume II, in particular, was supposed to be in advanced state of preparation and would refute Henry Reynolds’ work on the violence of the Queensland frontier. Volume III was to do the same for WA.
Year followed year, and nothing appeared. Windschuttle got a number of gigs on the strength of his promises, notably including a seat on the ABC Board and the editorship of Quadrant. He also turned out a book on White Australia and then, confusingly, a Volume III of Fabrication, which was not the promised WA volume, but a rehash of the rightwing side of the Stolen Generations debate. He then promised a Volume II, for 2015, which of course has not appeared.
In all the time since 2002, as far as I can tell, he hasn’t released so much as a magazine article backing up his claims about WA and Queensland. I doubt that this can be simple laziness. More likely, he started the research and realised that the evidence wasn’t going his way. Rather than act like the objective historians he claims to admire, and report the facts, he strung along his fellow-believers in the inherent goodness of British civilization with promises that, Real Soon Now, he would come up the facts to refute those nasty leftists.
I was going to let sleeping dogs lie, but Windschuttle has appeared with another new book, this time attacking constitutional recognition of indigenous Australians. So, in honour of the non-appearance of the book that was going to set the historians straight, I propose the term “Windyware” for all such non-books.
Are young Australians (mostly) Christians ?
Regular readers will know that I’m not a great fan of analysis based on generations (Boomers, X, Millennials and so on). Most of what passes for insight on this topic consists of the repetition of unchanged cliches about the rigidity and hypocrisy of the old, the laziness and irresponsibility of the young, and so on, applied to whichever cohort happens to be old or young at the time.
But there are some genuine differences between cohorts, typically determine by the time they have entered adulthood. One of these is religion.
Read More »
Thursday Message Board
The site outage that has kept the blog off air for several days has now been resolved, so here’s a once-off Thursday Message Board, for comments on any topic. Civil discussion and no coarse language, please.
A tribute to Fred Gruen
A few weeks ago, I gave the FH Gruen lecture, on the topic After reform: the economic policy agenda in the 21st century. Thanks to sound editor Simon Kravis, I now have a version of the podcast with improved audio quality, but unfortunately the part of my tribute to Fred that was drowned out by a hailstorm is permanently lost.
So, I thought I would try to write something like what I said, with a few (I hope) improvements. Here it is:
It’s great honour to be invited to give the FH Gruen Lecture.
Fred was very much a role model for me, and while I will never be able to emulate his effortless personal style, I have done my best to follow his lead in my approach to economics. He saw economic theory as a tool, and only part of what economics should be: what really matters is the application of theory to improve policy.
In a small country like Australia, it’s necessary for economists to take part in public discussion and public debate. The older generation of academic economists, exemplified by Fred, did this, and I’ve tried to maintain this approach.
Like me, Fred began his career as an agricultural economist, and I’ve always thought this was some of the best training for an economist. But Fred’s contributions weren’t limited to agriculture. He ranged across a wide range of policy issues. He always brought to bear both a keen economic insight and a commitment to the use of economic policy to improve the lives of ordinary Australians.
He greatly encouraged me, and many of my generation of economists who worked with him in the Economics Department of the Research School of Social Sciences at ANU.
I am very proud to be able to give a lecture in his honour.
Dragging the chain
Looking at the Abbott-Hanson government that is now taking shape behind the nominal leadership of Malcolm Turnbull, the dominant theme is one of pointless resistance to inevitable change.
The most striking instance of this is the plebiscite on equal marriage, dreamed up by Abbott as a way of dodging the issue of a Parliamentary vote. At this point, it is obvious that the whole thing is just an expensive and painful exercise in delaying the inevitable. Equal marriage is law throughout the English-speaking world, and is rapidly becoming so everywhere, as well as being supported by a majority of Australians. Even if the opponents could somehow carry the day in a plebiscite, the position couldn’t be sustained for long. And of course the Abbott group know this. As soon as Turnbull was locked into the plebiscite they started loading it up with everything they could to ensure it would never happen. Even from the most cynical viewpoint, this seems silly to me. They are going to lose in the end, and when they do, they will be wailing about freedom of conscience for cake-makers and so on. If they agreed to a Parliamentary vote now, they could make it a condition for Turnbull to include such clauses and reject any amendment. But in three years time, or whenever a parliamentary majority emerges, there will be no reason to appease people who have shown themselves to be bigots.
Then there’s climate change. Everywhere else in the world, things are moving fast. Country after country is abandoning coal, and the share of renewables is rising rapidly. Even England is generating more power from solar PV than from coal. But Australia is going backwards. Having dropped any idea of turning Direct Action into an emissions intensity scheme, Turnbull and Frydenberg have joined the science denialists at the Oz in a campaign against renewable energy. At least they have signed on to the agreement to phase out HFCs, an agreement driven by, among others, the US, Canada, China and Brazil (the EU has already legislated an early phaseout). It’s good that the government has agreed to do the minimum required for developed countries under this deal, but takes some chutzpah to say, as Frydenberg does that this makes Australia a world leader.
The only remaining item about which the government seems to care is Abbott’s vendetta against the unions, settling scores dating back to the 1980s.
Abbott and Hanson and are almost exact contemporaries of mine (as is Turnbull, though he scarcely seems to have any active role). But politically it seems to me that they have chained themselves to ways of thinking that were ossified even in John Howard’s generation.