How we’re faring:

Peter Martin is the economics correspondent for Australia’s two leading newspapers, The Sydney Morning Herald and The Age . He blogs at peter martin’s blog , peter’s picks and twitter .

A thought about gambling

Like a large proportion of the population (but unlike two lucky winners) I’m a little bit poorer after last week’s jackpot lottery.

Where’s the economy headed?

Find out in The Age tomorrow Peter Martin is the economics correspondent for Australia’s two leading newspapers, The Sydney Morning Herald and The Age . He blogs at peter martin’s blog , peter’s picks and twitter .

Wind power alone can do it - but…

A new study demonstrates that it would be possible to generate global energy needs from wind power alone. This comes from a Harvard study published in PNAS (the Proceedings of the US National Academy of Sciences), and reported in New Scientist. Abstract available here ; full study here

Against (micro)economic imperialism (crossposted at CT)

Over at Crooked Timber, we’ve had various versions of the case for and against the use of (micro)economic rational actor models in the social sciences lately, so I thought I would weigh in with my version of the case against.

At last, China really IS our biggest customer

China has won an undeclared war with Japan to cement its place as Australia’s biggest export customer . Little recognised at the time, China overtook Japan in March to take the title, but the figures for April and those for May released yesterday suggest its won it for keeps. The change was little recognised partly because it’s widely believed it happened some time ago.

OzCar - blinded by a mole?

Is it really possible that Gordon Grech faked that email, and if not him, who?

Banning School League tables

The NSW Liberals have decided to ban the publishing of school league table. The Shadow minister gives his reasons here : What the Bill stopped was ranking of schools from best to worst.

Bloodhounds Searching For Stimulus Jobs Created

Hehehe. (H/T Center for Fiscal Accountability )