Gerard Jackson

Contributor since: 26 Feb 2010

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• Carbon Taxes and Keynesian Insanity

  Published 17 February 2008 | viewed 3,313 times

  One of the craziest arguments for cutting CO2 emissions is that the policy would promote jobs and clean economic growth by investing in alternative energy…

• The Greatest Danger to the US Economy is the Fed

  Published 10 February 2008 | viewed 4,427 times

  As I have said a number of times, the real economic problem that confronts the world today -- and that includes the US -- is…

• US Economy, Interest Rates and Recession

  Published 03 February 2008 | viewed 4,932 times

  Harold Wilson once said that "a week in politics is a long time". Well, that goes double for economies. Last week I said -- against…

• US Booms and Busts and a Little Monetary History

  Published 27 January 2008 | viewed 4,252 times

  The extent to which media commentators are ignorant of economic history, let alone basic economics, is genuinely staggering. We got a good look at this…

• Without Savings There Can Be No Economic Growth

  Published 20 January 2008 | viewed 4,666 times

  Gerard Jackson BrookesNews.Com Monday 21 January 2008 To say that the economics profession is schizophrenic about economic growth and savings would be a mild understatement.…

• The US Economy and Bernanke's Economics

  Published 13 January 2008 | viewed 4,245 times

  At the beginning of the month the Fed sent out a press release in which it brought attention to "a string of large current account…

• The Great Depression and Forecasting -- Still Getting It Wrong

  Published 06 January 2008 | viewed 6,595 times

  As the Australian and US booms rolls on some 'forecaster', particularly on the net, are once again drawing historical analogies, warning that we risk a…

• Taxes, Money and Surpluses: Fact and Fiction

  Published 30 December 2007 | viewed 3,722 times

  John Stone's somewhat harsh criticism of the Howard government's fiscal policy was fully justified. (Mr Costello's repeated budget failure, National Observer No. 73 - Winter…

• Recession and the Consumption Fallacy

  Published 24 December 2007 | viewed 7,550 times

  As is usual at this time of the year our economic pundits are keeping a sharp eye on consumption. Any apparent decline in spending is…

• The US Economy Causing Confusion

  Published 16 December 2007 | viewed 3,301 times

  Bernanke has now cut rates three time in the last three months. Given Bernanke's Keynesian instincts it was always on the cards that he would…

• The US Economy: We've Got The Boom But What About The Bust?

  Published 09 December 2007 | viewed 5,032 times

  What gives? The US economy is supposed by many 'unbiased' media commentators to be in rapid decline, yet the highly regarded Automatic Data Processing company…

• US Economy: Deficits, Foreign Debt and Monetary Policy

  Published 03 December 2007 | viewed 5,148 times

  It seems that it was only yesterday that economic commentators were almost hysterical over the US economy's trade deficit. Added to that was the view…

• Recession, the Dollar and the US Economy

  Published 25 November 2007 | viewed 5,171 times

  What a week that was. Australia's conservative government gets thrashed by a bunch of unioncrats, lefty journalists and an economic illiterate with intellectual pretensions while…

• The Depreciating Dollar and the US Economy

  Published 11 November 2007 | viewed 4,886 times

  Well, we are certainly living in interesting times, bearing in mind that this is said to be a Chinese curse. Consumer confidence is down even…

• How Long Can The US Economy Defy Economic Gravity?

  Published 04 November 2007 | viewed 5,392 times

  Some readers (judging by their tone, I think they are Democrats) took issue with my view that there was still steam in the US economy…

• American Economy: The Subprime Market, Depreciation and the Exchange Rate

  Published 28 October 2007 | viewed 4,370 times

  Current economic commentary is misleading a great number of people. The problem is -- as always -- bad economics. We can all recall that it…

• Is it Meltdown Time for the US Economy?

  Published 21 October 2007 | viewed 9,583 times

  Gerard Jackson - Monday 22 October 2007 On Friday the 19 October the Dow Jones industrial average plummeted by over 360 points. This immediately sent…

• The US Economy: Greenspan and Bernanke Have a Lot to Answer For

  Published 15 October 2007 | viewed 3,889 times

  Because I haven't read Greenspan's book The Age of Turbulence: Adventures in a New World I'll have to confine myself to those parts that some…

• What is Happening to the US Dollar?

  Published 09 October 2007 | viewed 6,624 times

  Reading about the US dollar has once again brought home to me just how little our economic commentariat understand about the links between exchange rates,…

• The US Economy's Bubble: Casting the Runes

  Published 08 October 2007 | viewed 10,671 times

  That the US economy is running into problems is becoming clearer by the day. It is equally clear that America's economic commentariat is still wedded…