Tags » National Accounts

8 June 2017 (TheAge) - National Accounts weakest since the GFC: Warning on housing as GDP growth slips

(8 June 2017, The Age, p11, Peter Martin , Eryk Bagshaw)

‘The OECD has named house prices as the biggest domestic threat to economic growth as new figures push annual growth to its lowest point since the global financial crisis. 44 more words

1.Market Observations

Natural Capital and National Accounts

“Natural capital” might be a new concept for now, but it will surely be popular soon. “National Accounts” should be more familiar to you, but how to account for national capital in the System of National Accounts (SNA) is a new big deal. 121 more words

National Accounts

2 Mar 2017 (AFR) - Economy's golden run remains intact

(2 March 2017, AFR, p28, by Philip Baker)

‘Australia really is the lucky country. Any talk that its luck was running out has been put to one side after the latest set of  45 more words

1.Market Observations

Did the Thirty Glorious Years Actually Exist?

Okay, I am going for a flashy title here. I should have asked whether the Thirty Glorious were as glorious as they are meant to be.  484 more words


New thoughts on US wealth inequality: Not simply asset price inflation but high savings and the capitalist spirit

My latest paper in the International Journal of Political Economy (Taylor & Francis)  is now up. This link leads to gated access. Amongst other things, I have developed a simple accounting formula to capture synthetic savings within fractiles. 176 more words