May 2010

No move expected by the Reserve Bank

31 May 2010

Over recent months there have been a few informal polls on the Mule Stable on whether or not the Reserve Bank of Australia (RBA) would be moving interest rates. There will be another monthly policy decision tomorrow and this time I decided to make poll a bit more structured, courtesy of the PollDaddy website. If […]

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Vale Martin Gardner

28 May 2010

I was saddened to hear today that Martin Gardner has passed away at the age of 95. Born in 1914, Gardner was a prolific and gifted writer. He is best known for his mathematical and scientific writing, but he also dabbled in magic and philosophy. His The Annoted Alice is perhaps the ultimate edition of […]

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Following one link too few…a mea culpa

28 May 2010

My last post, Are Australia’s banks about to collapse?, took Steve Keen to task for a presentation on the dire outlook for Australia’s property market and its banks. However, a commenter has pointed out that it was not Steve’s presentation! Moreover, the final slide of the presentation, which is in very poor taste, appears to […]

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Are Australia’s banks about to collapse?

28 May 2010