Joe Fowler @jjoefowler

Dad to Lola and Isla, Sheffield bred, taking seed in Wellington NZ, GM Commissioning at Oranga Tamariki, runner, singer, and eternal optimist. Wellington City, New Zealand Joined June 2012

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Joe Fowler @jjoefowler

5 years ago

@felly500 Wow

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@EricCrampton @offbalancetweet Doesn’t take a canny social investor to work out that less kids growing up in stressed homes = better country and savings later. The risks to that business case are political not financial.

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Joe Fowler @jjoefowler

5 years ago

@EricCrampton @offbalancetweet I guess my point is that both infrastructure investment and investment in people generate a return. The opex investment in people can be the better choice.

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Joe Fowler @jjoefowler

5 years ago

@EricCrampton @offbalancetweet Opex or ‘human capex’?

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Joe Fowler @jjoefowler

6 years ago

@felly500 @DrChrisGibbons Family subscription is worth every Penny

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Joe Fowler @jjoefowler

6 years ago

@issyhowie @katejosephs @theoutdoorcity Taking the technical trail from the end of Moorbank Rd (crosspool) holding the upper trail that skirts the golf course, and then dropping down to Rivelin Reservoir and returning via the lower trails. Homesick!

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Joe Fowler @jjoefowler

6 years ago

@FitzmauriceLuke I found the period 1882 (industrial schools act - copied from Ireland) to 1895 (non kin foster care dominant) was rich with material to stimulate critical thought. See also differences between present day use of UCB and Care Orders.

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Joe Fowler @jjoefowler

6 years ago

Fox News right on the money here!

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Prof. Steve Keen @ProfSteveKeen

6 years ago

If you want to follow up on my conversation with Lee, the paper is once again open access: The appallingly bad neoclassical economics of climate change tandfonline.com/doi/full/10.10…

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Dr Deborah Fenney @DFenney

6 years ago

Really important 🧵 on the links between poverty and mental health ⬇️⬇️

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Jeremy @greytownbuilder

6 years ago

Superb letter in the latest Greytown community newsletter

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Joe Fowler @jjoefowler

6 years ago

@Himel55 @JohnJCampbell @RobbieNicol I am guessing most of the primary bond buyers have reserve accounts at RBNZ and RBA...

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Joe Fowler @jjoefowler

6 years ago

@Himel55 @JohnJCampbell @RobbieNicol Central banks adjust volume / type of bond repurchases (QE) to control bond price (and therefore yields). Recent increase in LSAP suggests RBNZ are aiming to keep just below 2.0? Just a guess.

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Joe Fowler @jjoefowler

6 years ago

@Himel55 @JohnJCampbell @RobbieNicol The 10-yr yield is pretty much exactly where RBNZ want it to be. QE means that the 10-year yield has become a policy variable.

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Joe Fowler @jjoefowler

6 years ago

@NZMorningReport @bernardchickey Prices will be up by 25 to 20 per cent by the middle of 2021, and the solution is... building some houses that will be ready in 2022 or 2023. My house is burning down, so I am going to call the fire engine next week. Anyone would think the banks are benefiting from the boom.

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Joe Fowler @jjoefowler

6 years ago

@MMTpodcast Also seems to be saying (along with others) that BoE buying bonds on secondary market magically reduces Govt debt. But surely the transaction is just a swap of financial assets so no change to non-govt surplus and no change to govt ‘debt’?

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Joe Fowler @jjoefowler

6 years ago

@felly500 How about some powers for local Directors of Public Health to direct the Govt to fund ASC properly?

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Joe Fowler @jjoefowler

6 years ago

@economics @tylercowen @bopinion Is this a covert attempt to kill macro off? No longer credible to talk about CB printing money (QE is an asset swap) or to ignore the dominant role of credit in money supply. What next, ‘The forgotten genius of Loanable Funds Theory?’