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John Quiggin

Professor, School of Economics, The University of Queensland
John Quiggin is an Australian economist, a Professor and an Australian Research Council Federation Fellow and a Laureate Fellow at the University of Queensland, and a member of the Board of the Climate Change Authority of the Australian Government.

He was awarded the Australian Social Science Academy Medal in 1993 and a Fellowship in 1996, received the 1997 and 2000 Sam Richardson of the Institute of Public Administration, Australia, received the 2001 Editors Prize of the Australian Journal of Agricultural Economics, a Fellowship of the Australian Institute of Company Directors in 2002, and a Distinguished Fellowship of the Australian Agricultural and Resource Economics Society in 2004. He is a Fellow of the Econometric Society and in 2011 received the Distinguished Fellow Award of the Economic Society of Australia.

A prolific author and blogger, Professor Quiggin's most recent book, Zombie Economics: How Dead Ideas Still Walk among Us, was published in October 2010 from Princeton University Press.

BlackRock is the canary in the coalmine. Its decision to dump coal signals what's next

Jan 16, 2020 10:01 am UTC| Insights & Views Business

The announcement by BlackRock, the worlds largest fund manager, that it will dump more than half a billion dollars in thermal coal shares from all of its actively managed portfolios, might not seem like big...

Why the profit motive fails in education

Dec 13, 2019 07:27 am UTC| Insights & Views Business

The Morrison governments waiving of almost A$500 million in dodgy vocational education and training debts holds many lessons about the nature of education and public services being provided by for-profit...

Please, no more projections. What we need are predictions, and they're harder

Nov 19, 2019 02:32 am UTC| Insights & Views Science

It is difficult to make predictions, especially about the future. (attributed to Danish physicist Niels Bohr) The difficulty of making predictions has long been known, but the rise of the internet means that it is...

Adani beware: coal is on the road to becoming completely uninsurable

Aug 15, 2019 17:55 pm UTC| Insights & Views

The announcement by Suncorp that it will no longer insure new thermal coal projects, along with a similar announcement by QBE Insurance a few months earlier, brings Australia into line with Europe where most major insurers...

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Economy

Oil Prices Slip as Middle East Tensions Ease, Heading for Weekly Loss

Oil prices declined during Asian trading on Friday, putting both major benchmarks on course for a weekly loss of more than 4%, as signs of diplomatic progress between the United States and Iran reduced the geopolitical...

Dollar Strengthens as U.S.-Iran Peace Talks Send Mixed Signals

The U.S. dollar gained ground on Thursday, rising 0.3% to 99.90 on the US Dollar Index, as conflicting signals surrounding U.S.-Iran peace negotiations renewed demand for safe-haven assets. Investors looking for stability...

Gold Prices Drop Amid Iran Peace Talk Uncertainty and Stronger Dollar

Gold prices fell sharply on Thursday as mixed signals from President Donald Trump regarding Iran peace negotiations rattled investors, while a strengthening U.S. dollar added further downward pressure on the precious...

Iran Allows Oil Tankers Through Strait of Hormuz Amid U.S. Negotiations

Shipping activity through the Strait of Hormuz has notably increased in recent days, appearing to validate statements made by U.S. President Donald Trump that Iran permitted a number of oil tankers to pass through the...

Time to buy local: war fuel price shocks reveal the folly of a long food supply chain

Most of our food travels many thousands of kilometres across Australia to reach our kitchens. We are highly dependent on a vast web of long-haul trucks to move food between growers, massive food distribution hubs and large...

Politics

Russia Accused of Helping Iran Target U.S. Forces, European Powers Tell G7

European nations have formally accused Russia of providing military intelligence and drone technology to Iran to help target American forces in the Middle East, raising the issue directly with U.S. Secretary of State Marco...

Trump Signs Executive Order to Pay TSA Workers Amid Airport Security Crisis

President Donald Trump announced Thursday that he will sign an executive order directing Homeland Security Secretary Markwayne Mullin to ensure Transportation Security Administration (TSA) employees receive their pay,...

US Military Eyes 10,000 Troop Surge to Middle East Amid Iran Nuclear Tensions

The Pentagon is reportedly considering deploying up to 10,000 additional ground troops to the Middle East, according to a Wall Street Journal report citing Department of Defense officials familiar with the planning. The...

California Renames Cesar Chavez Day to Farmworkers Day Following Sexual Abuse Allegations

California lawmakers have officially voted to rename Cesar Chavez Day to Farmworkers Day after multiple women came forward with sexual abuse allegations against the late labor rights leader. Both the State Senate and...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...

Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco

Shares of Taiwan-based memory chip manufacturer Nanya Technology soared to their daily limit of 10% on Thursday morning following the companys announcement of a major $2.5 billion private placement deal backed by prominent...

SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion

South Korean memory chip giant SK Hynix has submitted a confidential filing for a U.S. stock market listing in 2026, with sources indicating the move could raise as much as $14 billion. The company intends to offer...

Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push

Meta Platforms made a significant move this week by granting restricted stock units and stock options to several of its most senior leaders, including Chief Financial Officer Susan Li and Chief Technology Officer Andrew...