Essays

A collection of long-form economic essays.

2025
Just like that, and the tariff scare is over—or is it? Global markets rallied 5-10% yesterday because Trump, in the face of a near-certain recession and equity and bond market carnage, backed off and hit pause.
Trump's unpredictability threatens global investment with chaos, zero-sum thinking, and rent-seeking, even if he winds back his tariffs.
He just really likes tariffs.
Did the Trump administration use AI to devise its tariffs?
The US will impose a minimum 10% tariff on all of its trading partners, including Australia.
Xi Jinping's market pivot aims to resuscitate China's economy, but bloated subsidies and a global trade war might choke the recovery.
Please note that I’m travelling internationally this week and will have limited access to a computer, so Aussienomics will be taking a short breather ahead of the inevitable chaos that will be the run-up to the federal election, which—if called by the end of this month—could be held as soon as 3 May.
Economic reality trumps climate dreams in a world where money is no longer free.
A DOGE won't fix Australia's productivity mess—it might just sink it deeper into the muck.
The Trump Bump has officially become the Trump Slump, with the current US administration’s incessant focus on tariffs contributing to one of their greatest tailspins of all time: