Anthony Element OAM
Novelist, musician, ex-corporate executive, ex-RAAF.
Ran businesses in Australia, China and Thailand.
General troublemaker.
Author of 'Absence of Doubt' and 'The Santiago Gospel', both published by DWPress and available in Kindle and paperback on Amazon.
Contact: anthony@observationpoint.com.au-
Observation Point is archived in Pandora, Australia's Web Archive, set up by the National Library of Australia. Follow Me On The Web!
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Category Archives: Economics
Ideology Trumps Facts, Yet Again…
I’m going to go out on a limb here and posit that governments should choose policies that are good for the country and not just those that are consistent with the government’s (or would be government’s) ideology. I know, … Continue reading
Posted in Australian Politics, Economics
Tagged Abbott, austerity, Australia, Politics, Tony Abbott
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Margaret Thatcher – She Left the World A Better Place For Having Left It.
Occasionally, yes it’s true, ole Bill the Bard got it wrong. Take when he had Mark Antony, bemoaning Caesar’s passing, say, “The evil that men do lives after them; the good is oft interred with their bones.” As we are seeing with … Continue reading
Time to Quit Doing what Ain’t Working?
Politicians – for the most part, anyway – aren’t stupid. But, like the rest of we mere mortals, they’re apt to do stupid things. And they’re at their stupidest when when their reason for doing something is based on … Continue reading
The Magic of Modelling
Those of you who read Observation Point regularly will know that I have little regard for economists, and even less for the confidence trick called economics; an activity that has no hope of being an art and has failed … Continue reading
Posted in Cultural~Societal, Economics
Tagged economic modelling, IMF, model, modelling
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Back to the Future
Well, I’m back, after a brief – if you can call a month or more ‘brief’ – distraction, (business… Blaagh, don’t ask). Now, where was I? Oh yes, I remember. I was savouring Fox News’s discomfort at Obama’s victory. … Continue reading
Aussie Ingenuity at its Best
I met this incredibly harried, though otherwise ordinary looking bloke in the airport lounge. He wore shorts and a blue Jackie Howe singlet. He told me, in this order, that his name was Chas and that he hadn’t slept … Continue reading
Economists, nice people but what are they good for?
Regular readers, lovely and intelligent folk that you are, might remember that a few episodes ago, I went off in search – unsuccessfully, as it turned out – of the economy. Prominent on the list of people I didn’t … Continue reading
Posted in Economics
Tagged economic predictions, Economics, economy, forecasting, Jessica Irvine
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We’re off to see the Economy, the wonderful economy of Oz…
Last night, within a matter of minutes of each other, I heard two politicians assert, with considerable, er… passion I might add, that the Economy must be protected at all costs. Wow, I thought, this Economy must be important. And … Continue reading
When is a Spreadsheet like a Chicken’s Entrails?
Sometime ago, in a presentation, I suggested – only half in jest – that the science of Economics should be disbanded and become a subset of Psychology. My argument was that economists basically do two things: Gather and analyse data; … Continue reading