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Institutional Economics

Stephen Kirchner

Economics, finance and public policy.

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PricingFreemiumPublishesWeekly
Issues407Founded7 years agoLast Issue12 days ago
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Artwork for Institutional Economics

Latest Issues

Immigration and living standards in the long-run

Australia, Belgium and Sweden

Joe Walker has produced a series of podcasts addressing Australia’s historical and more recent experience with immigration. The series includes interviews with former Treasury secretary Martin Parkinson; forme...

12 days ago
1
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What's not to like about rising bond yields?

The continued run-up in global bond yields is widely seen as problematic alongside stretched equity market valuations. Those looking to bonds to hedge equity exposures have to wear the drag on performance, although bonds are also increasing...

19 days ago
16

'One way or another': market hopium versus NACHO and expected conflict duration

Plus, the federal budget, inter-gen equity and long-run productivity growth

Robert Kagan had a compelling piece in The Atlantic arguing that ‘there will be no return to the status quo ante, no ultimate American triumph that will undo or ov...

a month ago
6
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From TACO to NACHO

Plus, recalibrating the Canadian economy for negative population growth

We can all thank Paul Krugman for NACHO - not a chance Hormuz opens. The Trump administration continued to turn over its approach to Iran almost every other day this w...

a month ago
3
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US productivity growth, Treasury yields and AI

Plus, the war comes home

The advance estimate for US Q1 real GDP came in at a SAAR of 2% and nominal GDP growth at 5.6%. Private investment contributed nearly 1.5 percentage points to the headline growth figure, with the bulk of that refle...

a month ago
3
3
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  • Stephen Kirchner

    Financial market, think-tank and academic economist based in Sydney, Australia. Views expressed in this newsletter are my own and should not be attributed to current or previous employers.

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