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Sandpit
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Australian dollar dislocates from greenback amid dirt frenzy 
Cairns unemployment rate falls again but things are not all rosy 
CoreLogic weekly house price update: Rocketing 
Links 26 February 2021 
Macro Afternoon 
Gas-fired recovery 
Some historical thinking about the Job Guarantee 
MB Fund Podcast – Inflation: Mirage or Oasis? 
Enforced poverty and torture for the victims of government policy failure – welcome to modern Australia 
Have mainstream economists really embraced large deficits and central bank bond purchases? 
Sandpit 
Monday Message Board (on Tuesday) 
The ‘disciplining role of markets’ should be replaced by the disciplining role of democracy 
Why the Texas electricity market failed 
The Weekend Quiz – February 20-21, 2021 – answers and discussion 
After a brief uptick in Dec JobSeeker numbers continue to fall in Jan 
Economic lessons of the 20-year armistice 
The end of JobKeeper could see Cairns unemployment rate lift as high as 8.5% 
‘Effective’ unemployment rate explains the apparent QLD paradox 
Another month of very strong Building Approvals in the North