Articles
Journal and policy articles
- ‘The Reserve Bank of Australia’s pandemic response and the New Keynesian trap’, Agenda, 28(1), pp. 105–116, 2021. [PDF]
- ‘The Effect of Changes in Monetary Policy on Consumer and Business Confidence’, The Australian Economic Review, 53(1), pp. 118–125, March 2020.
- ‘State of Confusion: Economic Policy Uncertainty and International Trade and Investment’, The Australian Economic Review, 52(2), pp. 178–199, June 2019.
- ‘Money too tight to mention: The Reserve Bank of Australia’s financial stability mandate and low inflation’, Economic Analysis and Policy, 60, pp. 141–149, December 2018. [PDF]
- ‘The G20 and Global Governance’, Cato Journal, 36(3), Fall 2016.
- ‘High Frequency Trading: Fact and Fiction’, Policy, 31(4), Summer 2015–16.
- ‘How Economists Succeed (and Fail) to Influence Policy’, Policy, 29(1), Autumn 2013.
- ‘Foreign Direct Investment in Australia Following the Australia-US Free Trade Agreement’, The Australian Economic Review, 45(4), pp. 410–421, December 2012. [PDF]
- ‘Federal Legislative Activism in Australia: A New Approach to Testing Wagner’s Law’, Public Choice, 153(3–4), pp. 375–392, December 2012. [PDF]
- ‘Reforming Fiscal Responsibility Legislation’, Economic Papers, 30(1), pp. 29–32, March 2011. [PDF]
- ‘Commodity Prices and the Australian Economy: Trends versus Cycles’, Policy, 24(4), Summer 2008–09.
- ‘A “New Era” for the Reserve Bank?’, Policy, 24(1), Autumn 2008.
- ‘Fiscal Policy and Interest Rates in Australia’, Policy, 23(3), Spring 2007.
- ‘Future Fund or Future Eater? The Opportunity Cost of Commonwealth Revenue Hoarding’, Policy, 22(3), Spring 2006.
- ‘The Mandarins of Martin Place’, Policy, 20(3), Spring 2004.
- ‘James Buchanan’s Normative Theory of the State’, Australian Journal of Political Science, 30(2), pp. 228–241, July 1995. [PDF]
- ‘Australia Should Dump its Anti-Dumping Laws’, Policy, Summer 1992–93.
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Op-eds
2022 · 2021 · 2020 · 2019 · 2018 · 2016 · 2014 · 2013 · 2012 · 2011 · 2010 · 2009 · 2008 · 2007 · 2006
2022
- ‘Sanctions are the least bad option against Putin’s aggression’, The Australian Financial Review, 28 February 2022.
- ‘Xi’s rightly wary of Fed tightening’, The Australian Financial Review, 19 January 2022.
2021
- ‘Australian capital and talent is leaving home’, The Australian Financial Review, 22 December 2021.
- ‘China’s WTO Accession and US Economic Engagement 20 Years On’, Australian Outlook, 9 December 2021.
- ‘Omicron is the least of the problems for global trade’, The Australian Financial Review, 30 November 2021.
- ‘A geoeconomic alliance’, Australian Outlook, 14 October 2021.
- ‘Countering China’s trade coercion should be alliance agenda’, The Australian Financial Review, 21 September 2021.
- ‘The Australia-US Bilateral Investment Relationship in 2020: Taxing Times’, Australian Outlook, 6 July 2021.
- ‘US investors cool on Australia’, The Mandarin, 6 July 2021.
- ‘G7 tax deal a threat to refomers’, The Australian Financial Review, 7 June 2021.
- ‘Higher corporate taxes make paying for Biden’s spending harder’, The Australian Financial Review, 4 May 2021.
- ‘National security looms large for foreign investment’, The Mandarin, 20 April 2021.
2020
- ‘Australia must avoid America’s demographic stagnation’, The Mandarin, 23 November 2020.
- ‘The US has turned its back on skilled migrants, giving Australia an opening’, The Conversation, 16 November 2020.
- ‘How the activist Fed will pile more pressure on the RBA’, The Australian Financial Review, 31 August 2020.
- ‘China’s behaviour warrants increased scrutiny of foreign investment’, The Mandarin, 9 July 2020.
- ‘The US is central to this China trade quarrel’, The Canberra Times, 25 May 2020.
- ‘Birmingham on thin ice challenging China to take Australia to the WTO’, The Australian Financial Review, 14 May 2020.
- ‘What COVID-19 means for Australian productivity’, CEDA Blog, 22 April 2020.
- ‘Coronavirus means globalisation has suffered but we must not give up on trade links’, ABC Online, 17 April 2020.
- ‘RBA should have followed Fed’s lead’, The 45th, 25 March 2020.
- ‘It’d be a mistake to shut financial markets: more than ever, we need them to work’, The Conversation, 23 March 2020.
- ‘RBA’s foot-dragging leaves economy dangerously exposed’, The Australian Financial Review, 5 February 2020.
- ‘The evidence suggests Reserve Bank rate cuts don’t hurt confidence’, The Conversation, 4 February 2020.
- ‘US-China trade deal is spin for Trump’s failed protectionism’, The Australian Financial Review, 23 January 2020.
- ‘Don’t bank on US dollar demise’, The Australian Financial Review, 9 January 2020.
2019
- ‘US protectionism a costly failure’, The Australian Financial Review, 16 December 2019.
- ‘Now we know. The Reserve Bank has spelled out what it will do when rates approach zero’, The Conversation, 27 November 2019.
- ‘The Treasurer should not let the RBA off the hook so easily’, The Australian Financial Review, 6 November 2019.
- ‘Trump’s fake trade deal comes at a high price for global economy’, The Australian Financial Review, 14 October 2019.
- ‘When interest rates approach zero, the RBA must rethink monetary policy’, ABC Online, 8 October 2019.
- ‘Currency wars lack real weapons’, The 45th, 14 August 2019.
- ‘Beware of romaticising the legacies of Bretton Woods’, The Australian Financial Review, 26 July 2019.
- ‘Quantitative easing does not increase inequality’, The Mandarin, 19 June 2019.
- ‘How the Reserve Bank would make quantitative easing work’, The Conversation, 18 June 2019.
- ‘US Fed shows the RBA is not about to “run out of ammunition”’, The 45th, 5 June 2019.
- ‘New government should put Phil Lowe on the hook for inflation’, The Mandarin, 9 May 2019.
- ‘Why a US-China trade deal won’t end the trade war’, The Australian Financial Review, 9 May 2019.
- ‘There are surprising answers to the puzzle of stagnant wages’, The Australian Financial Review, 27 February 2019.
2018
- ‘Australia’s G20 plans died in Buenos Aires’, Medium, 6 December 2018.
- ‘Defending Australia’s open door: Don’t blame globalisation for populism’, The Australian Financial Review, 14 November 2018.
- ‘US bond bears are right, but for all the wrong reasons’, Business Insider, 12 October 2018.
- ‘US foreign investment a casualty of Donald Trump’s trade war’, The Australian Financial Review, 30 September 2018.
- ‘The so-called “Lehman moment” was more symptom than cause’, ABC Online, 12 September 2018.
- ‘Should national security be a deal-breaker’, The Sydney Morning Herald, 7 August 2018.
- ‘Donald Trump and US tariffs: A 1930s-style trade war will be hard to avert’, ABC Online, 11 July 2018.
- ‘Trump is fighting trade war against economic fundamentals’, The Australian Financial Review, 22 May 2018.
- ‘How Trump should really tackle Beijing’s technology thefts’, The Australian Financial Review, 8 April 2018.
- ‘The RBA’s shift to worrying about financial stability could be hurting Australian wages’, The Conversation, 16 March 2018.
- ‘Steel tariffs will take America back to the 1930s’, The Australian Financial Review, 2 March 2018.
- ‘Donald Trump has a chance to shape US monetary policy for years’, The Australian Financial Review, 14 February 2018.
2016
- ‘Economy’s engine room right size for job’, The Australian Financial Review, 11 January 2016.
2014
- ‘Australia mustn’t jump the gun on macro-prudential policy’, Business Spectator, 25 July 2014.
- ‘Scapegoating investors won’t slow up house prices’, The Australian Financial Review, 10 July 2014.
- ‘Europe holds its breath for ECB action’, Business Spectator, 11 April 2014.
- ‘Official statistics need culture change’, Business Spectator, 27 March 2014.
- ‘Don’t blame foreigners for rising house prices’, The Sydney Morning Herald, 20 March 2014.
- ‘Forget trying to curb demand, build more houses’, The Australian, 23 January 2014.
- ‘Playing the currencies game is fraught with risk’, The Australian Financial Review, 5 January 2014.
2013
- ‘We must fortify fiscal rules’, The Canberra Times, 16 December 2013.
- ‘We are still stuck in the pre-1983 era on fiscal policy’, The Australian Financial Review, 9 December 2013.
- ‘When regulation becomes political interference’, The Australian Financial Review, 3 December 2013.
- ‘Reforming the regulation of foreign direct investment’, Infinance (FINSIA), December 2013.
- ‘Credit controls won’t fix housing’, The Australian Financial Review, 3 October 2013.
- ‘A dollar of super is not a dollar saved’, Business Spectator, 25 September 2013.
- ‘Seizing a Sino free trade moment’, Business Spectator, 16 July 2013.
- ‘Why tax-free imports are a retail red herring’, Business Spectator, 24 June 2013.
- ‘Stamp out the anti-dumping dinosaur laws’, Business Spectator, 5 June 2013.
- ‘Why a forex foray could burn the Reserve’, Business Spectator, 18 April 2013.
- ‘Increasing the super contribution rate is a second-rate solution’, The Conversation, 8 January 2013.
2012
- ‘Better ideas than raising super guarantee’, The Australian Financial Review, 28 November 2012.
- ‘The interest rate cut that wasn’t’, Business Spectator, 5 November 2012.
- ‘Prime Minister, this Asian century is so last century’, The Australian, 30 October 2012.
- ‘The buck must not stop with the RBA’, Business Spectator, 13 August 2012.
- ‘Coalition tightening of foreign investment policy a step backwards’, The Australian, 6 August 2012.
- ‘Why the euro project must end’, Business Spectator, 22 May 2012.
- ‘There are better ways to ensure state’s future’, The West Australian, 21 May 2012.
- ‘Independent body needed to preserve integrity of fiscal forecasts’, The Conversation, 21 May 2012.
- ‘How taxing housing diminishes affordability’, The Conversation, 18 April 2012. Reprinted in in Business Spectator, 18 April 2012.
- ‘Murray’s Future Fund brace is broken’, Business Spectator, 23 March 2012.
- ‘Future Funds or Future Eaters? The case against a sovereign wealth fund for Australia’, The Conversation, 20 February 2012.
- ‘Give austerity a chance’, The Australian Financial Review, 8 February 2012.
- ‘A country that ‘makes things’? There’s more to Australia than manufacturing’, The Conversation, 17 January 2012.
2011
- ‘The long march of Fightback’, Online Opinion, 13 December 2011. Also published as ‘The Fightback! lesson: how politics can stymie good public policy’ in The Sydney Morning Herald, 26 December 2011.
- ‘Has the mining boom given us ‘too much luck’? Hardly’, The Conversation, 22 November 2011.
- ‘Time to revisit RBA Board’, The Australian Financial Review, 7 September 2011.
- ‘Keep an eye on the underlying economic threat, not market ups and downs’, The Conversation, 11 August 2011.
- ‘What our economists really think’, The Conversation, 26 July 2011.
- ‘Foreign investment will boost food security’, The Australian Financial Review, 2–3 July 2011.
- ‘Budget office helps pollies, not punters’, The Drum (ABC), 20 May 2011.
- ‘Freddie Mac and Fannie Mae: guaranteed to fail?’, The Conversation, 17 May 2011.
- ‘Population growth makes us smarter, richer’, Newcastle Herald, 4 May 2011.
- ‘Trimming to fit budget’s reduced revenue’, The Australian, 13 April 2011.
- ‘A failure of political leadership’, The Straits Times, 11 April 2011.
- ‘A forgotten financial failure’, Online Opinion, 16 March 2011. Also published in Business Spectator, 26 March 2011.
- ‘Anti-dumping rules have a greater potential to harm producers and consumers’, The Australian, 2 March 2011.
2010
- ‘Mortgage industry takes its $4bn win’, The Age, 14 December 2010.
- ‘Attacks on banks overlook effect of strong growth prospects’, The Australian, 18 November 2010.
- ‘Aussie banker bashing’, The Wall Street Journal, 16 November 2010.
- ‘G20 should tend to their own backyards’, The Drum (ABC), 16 November 2010.
- ‘Fiscal authority is the way to go’, The Australian, 21 September 2010.
- ‘A small Australia limits our creativity’, The Sydney Morning Herald, 7 September 2010.
- ‘City got big but never grew up’, The Australian, 19 August 2010.
- ‘Avoiding the sovereign wealth fund risks’, The Australian, 15 July 2010.
- ‘Population zealots aim at the wrong targets’, The Australian, 12 May 2010.
- ‘Migrants add to growth hopes’, The Canberra Times, 27 April 2010.
- ‘Bond Market Vigilantes Should Weigh Risks of Continued Inactivity’, The Sydney Morning Herald, 13 April 2010.
- ‘Misguided government gets poor return for largesse’, The Age, 17 March 2010.
- ‘Benefits Grow in Monthly CPI’, The Canberra Times, 1 March 2010.
- ‘More Inscrutable than the Chinese’, The Australian, 19 February 2010.
- ‘Imbalances Essential to Global Economic System’, The Australian, 22 January 2010.
- ‘Economic Policy Must Re-Earn Our Respect’, Business Spectator, 20 January 2010.
2009
- ‘The seasonal satisfaction index’, The Sydney Morning Herald, 26 December 2009.
- ‘Labour Should Not Takes its Eyes Off the Target’, The Dominion Post (NZ), 21 December 2009.
- ‘Big spending, poor results’, The Australian, 16 December 2009.
- ‘Kiwi Monetary Muddle’, The Wall Street Journal, 23 November 2009.
- ‘Doomsayer Does His Dough’, The Australian, 18 November 2009.
- ‘End of Trend is Nigh for Central Bank Sales of Gold’, The Age, 17 November 2009.
- ‘More houses, not taxes’, The Australian, 12 November 2009.
- ‘US Dollar Down But Not Out as Kingpin of Global Finance’, The Australian, p. 28, 5 November 2009.
- ‘Forecasters sell Australia short’, The Australian Financial Review, p. 63, 14 October 2009.
- ‘Canberra’s Investment Confusion’, The Wall Street Journal, 29 September 2009.
- ‘Prophet der Pleite’, Jüdische Allgemeine, 17 September 2009. In German, with Oliver Hartwich.
- ‘Hewson Manifesto Was Ahead of its Time’, The Australian, 15 September 2009.
- ‘Economist with a Nose for Trouble’, The Age, 10 September 2009. With Oliver Hartwich.
- ‘Treasurer’s Liberalisation Measures Should Go Deeper’, The Canberra Times, 5 August 2009.
- ‘NZ Tries Harder for Foreign Cash’, The Age, 31 July 2009.
- ‘Economic Debate Suffers from Too Much Reserve’, The Australian Financial Review, 24 July 2009.
- ‘End the Budget Sideshow’, The Australian, 15 July 2009. With Robert Carling.
- ‘Short-Term Fixes Help Nobody’, The Weekend Australian, p. 19, 20 June 2009.
- ‘A Bother Over Banks’, Business Spectator, 20 June 2009.
- ‘Can’t Stop the Music’, Business Spectator, 10 June 2009.
- ‘The Madding Crowding Out’, The Age, 22 May 2009.
- ‘Hey Big Spender, Stop Stimulating’, The Australian, 14 May 2009.
- ‘Fear Canberra, Not Beijing’, Business Spectator, 1 April 2009.
- ‘Should Keynes Have a Seat at the G20 Table?’, The Australian Financial Review, pp. 28–29, 28–29 March 2009.
- ‘Don’t blame Greenspan’s monetary policy’, The Age, 19 March 2009.
- ‘Foreign Interest is All Win for Australia’, The Australian, 4 March 2009.
- ‘Plan delivers little bang for very big bucks’, The Australian, 4 February 2009.
- ‘Public Will Wear the Risk’, The Australian Financial Review, 28 January 2009.
- ‘Keynes was Wrong About the Paradox of Thrift’, The Australian Financial Review, p. 47, 13 January 2009.
2008
- ‘Flinging Wods of Dosh About Won’t Work’, The Age, 10 December 2008.
- ‘Bubble, toil and trouble’, The Australian, 12 November 2008.
- ‘Car subsidies blow good money out the exhaust’, The Sydney Morning Herald, 11 November 2008.
- ‘Beware Political Saviours’, The Australian, 29 October 2008.
- ‘The Wrong Plan for Australia’, The Wall Street Journal, p. 19, 15 October 2008.
- ‘$4 billion is no real help’, The Age, 30 September 2008.
- ‘Don’t count rate-cut chickens before they hatch - inflation is still simmering’, The Age, 12 August 2008.
- ‘Independence: 2, accountability: 0’, The Age, 27 March 2008.
2007
- ‘Tax Cuts Don’t Cause Higher Interest Rates’, The Australian Financial Review, 9 October 2007.
2006
- ‘Will Japan Target Inflation in 2006?’, Business Week, 16 January 2006.
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