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The Dismal Science
63 minutes | 2 days ago
58 - Yellenism
Biden names former Fed Governor Janet Yellen as his nominee for Treasury Secretary. What does her appointment mean for US economic policy? Plus did JobKeeper work, super debates and Bitcoin is back.
55 minutes | 10 days ago
57 - Boy, Georgism
We look at the NSW government's plans to get people 'out and about' and to abolish stamp duty. Plus, a paradoxically good jobs report and some rare good news on trade.
47 minutes | 17 days ago
56 - Good news week
After a rough year, finally a week of good news: a vaccine might be around the corner and confidence is up. Plus we wrap the US election and look at the latest threats from China on trade.
61 minutes | 23 days ago
55 - Quant uncertainty
Biden looks home but it's close. Did the polls get this one right or wrong? How have markets reacted? And what are the prospects now for a much needed stimulus package? Plus, the RBA wakes from its 'monetary slumber' and announces its first foray into quantitative easing. Is it now out of ammo?
45 minutes | a month ago
54 - One day in November
We look ahead to next week's US presidential election. Is it the most significant since the depression as some commentators claim? What does it mean for the world and will Trump or Biden win? Plus, a look at the Q3 inflation data and next week's Cup day RBA meeting.
58 minutes | a month ago
53 - Playing catch-up
The COVID recession will leave Australia permanently poorer and its population smaller than it otherwise would have been. But are there choices we can make that will help us catch up? Plus a catch-up on the recent economic numbers after our break and the AICD's latest Director Sentiment Index.
62 minutes | 2 months ago
52 - Welcome to the new age
The budget heralds a new fiscal era, according to Mark. We look at the record debt and deficit numbers, the 'heroic' forecasts and the policies the government is betting on to restore growth.
51 minutes | 2 months ago
51 - K
What is a K-shaped recovery and are we in one? Plus we preview the budget that Prime Minister Morrison is calling the most important since World War II.
54 minutes | 2 months ago
50 - Grindin'
On our 50th episode, we ask whether October's budget or even lower interest rates can supercharge the recovery, which the RBA is describing as a 'slow grind'. Plus disappointing payroll jobs numbers, falling retail sales and Paul Keating gives the RBA a spray.
47 minutes | 2 months ago
49 - Jobs surprise
Surprise good news on the jobs front with unemployment falling below 7 per cent for the first time since the pandemic started. So where are the jobs coming from? Plus house prices, the US fed commits to not lifting interest rates for the long haul, New Zealand goes into recession and the effect unemployment on sleep.
34 minutes | 3 months ago
48 - Life at the outpost
With new data out on the Australian corporate footprint overseas, we ask what's the future of the foreign outpost in a post-pandemic world. Plus a speed round on this week's economic data.
43 minutes | 3 months ago
47 - Abnormal people
The US Federal Reserve has changed the way it makes monetary policy decisions for the world's largest economy. Its former chair Janet Yellen said that the changes would appear subtle to most "normal human beings". So why is it such a big deal for economists? Plus the latest quarterly GDP numbers put Australia officially in its first recession in three decades. This episode was recorded on 3 September.
39 minutes | 3 months ago
46 - On the belt and road
The Federal government looks to curb China's influence in the states, plus the Victorian situation continues to take its toll on jobs and investment.
54 minutes | 3 months ago
45 - Nordic noir
We look at the latest GDP data from Scandinavia and ask whether Sweden has gotten the benefit of a more lenient approach to lockdowns. Plus RBA Governor Philip Lowe responds to his critics.
45 minutes | 4 months ago
44 - Wages freeze
The Victorian second wave seems to have passed its peak but the lockdown continues to weigh down confidence, the RBA's new set of downbeat forecasts and wages growth slows to record lows. Apologies for the *dismal* audio quality on this one. We had some home technical problems in the home studios this week.
60 minutes | 4 months ago
43 - Second quarter blues
The US and Europe experienced ugly contractions in the second quarter, though China seems to be out the other side. Plus what the Victorian restrictions mean for the rest of the economy, the resilience of Australian exports and Zoom fatigue.
51 minutes | 4 months ago
42 - Down, down, prices are down
Australia has just experienced its worst deflation in 70 years. Should we be worried? Plus falling confidence, a rising dollar, more job losses, paid pandemic leave and the Robinhood effect.
54 minutes | 4 months ago
41 - Mini budget, maxi debt
The 'eye-watering' debt and deficit numbers released in the mini budget, the government extends JobKeeper, the RBA governor takes aim at Modern Monetary Theory, and the coronavirus spike in Victoria and NSW continues to weigh on confidence.
52 minutes | 4 months ago
40 - Forward guidance recommended
Should governments be more transparent in their thinking about the economy at a time of uncertainty? Plus the Victorian spike undermines confidence in the recovery and the problems with how global public health is funded.
54 minutes | 5 months ago
39 - Could you leave me with a scar?
Could this recession leave permanent scars on the economy? Plus the Victorian COVID spike dents confidence, the turn in the job market, the Fed buys Apple bonds and twenty years of the GST.
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