Economists are experts at knowing tomorrow why the things they predicted yesterday didn’t happen today. In 2011, the IEA hypothesised about a golden age of gas. “The future for natural gas is bright” they wrote in their 2011 special report, pointing to a “strong post-crises recovery”, “mounting concerns over energy security and global climate change,... Continue Reading →
Prime time
Figures came out yesterday reporting the 16th month of consecutive jobs growth. That’s the longest streak on record. In fact, you’d have to go back over 20 years to find anything comparable (there was a 15 month streak that ended in July 1994). The number of Australians employed now stands at 12.5 million — spot... Continue Reading →
Red, Beige and Blue
Last week, the IMF upgraded its forecasts of global economic growth for 2018 and 2019 by 0.2 percentage points. The revision reflects better than expected activity levels around the world, but mostly it’s due to burgeoning US economy. In fact the IMF upgraded its expectations for US economic performance by a whopping 30 per cent... Continue Reading →
iPencil
I am an iPencil — the high tech stylus designed familiar to all boys and girls and adults who can browse the Internet and post to social media. Writing is both my vocation and my avocation; that's all I do. You may wonder why I should write a genealogy. Well, to begin with, my story... Continue Reading →