Tag Archives Economic growth

Book - Limits of Growth

The Club of Rome's report from 1972 is 50 years old. I read it when it was first published... A sobering and influential read then. What's changed in that time? World Model Standard Run as shown in The Limits to Growth The Last Call? https://youtu.be/gt4WsMfi6d0 Links Limits to Growth ... was right!The Club of Rome – Limits to Growth Is Global…

Wind Energy

#KiataWindFarm connected to grid and generating. Largest operating turbines in Australia. More, cheap #RenewableEnergy pic.twitter.com/dN617amLU2 — Windlab (@Windlab) November 6, 2017 Notes: Kiata Wind Farm is a wind energy project located 50km north west of Horsham, Victoria. Windlab, an Australian owned company, is developing the project from its Canberra headquarters. Kiata Wind Farm is a 30 MW wind farm. When operational…

PISA Results 2000-2009

At a time when it appears revealed truths, beliefs and opinions are increasingly privileged in public and political debate,there was always Hans... Vale, Hans Rosling Links The ignorance project GapMinder Tools  

Innovation The term "innovation" has been embedded in Australian public policy discussions for many decades, in many domains of activity, from Education, to Science, Health, Manufacturing, Agriculture and yes, even Mining. We hear this term a lot... Unfortunately, we seem to conflate genuine innovation, [which in my view requires the interdisciplinary approach of many groups, supplemented by visionary legislative and…

The OECD has released its Economic Overview for Australia for 2014. The OECD report suggests Australia’s material living standards and well-being compare well internationally, reflecting a well-managed and successful economy. The economy is slowing as the prolonged mining boom recedes. Output growth of about 3% is expected for 2014 and 2.5% in 2015. [Editor’s note – Growth of 2.5% is seen…

"Capital in the Twenty-First Century", written by the French economist Thomas Piketty I am yet to finish reading this, but earlier this year, the economist said: "Capital" is built on more than a decade of research by Mr Piketty and a handful of other economists, detailing historical changes in the concentration of income and wealth. This pile of data allows Mr Piketty…

Tim Harford wrote a piece in ft.com earlier this year, documenting the [not-so-surprising] inaccuracy and just-plain "wrongfulness" of economic forecaster[s] [ing]...... In the 2001 issue of the International Journal of Forecasting, an economist from the International Monetary Fund, Prakash Loungani, published a survey of the accuracy of economic forecasts throughout the 1990s. The record of failure to predict recessions is…

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