Category Archives: Economy

SATURDAY’s GOOD READING AND LISTENING FOR THE WEEKEND

What people in other forums are saying about public policy

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SATURDAY’s GOOD READING AND LISTENING FOR THE WEEKEND 

What people in other forums are saying about public policy

Posted in Economy, Politics | Comments Off on SATURDAY’s GOOD READING AND LISTENING FOR THE WEEKEND 

RUCHIR SHARMA. How Technology Saved China’s Economy(NYT 20.1.2020)

Landing in Shanghai recently, I found myself in the middle of a tech revolution remarkable in its sweep.

Posted in Economy, International Affairs | 2 Comments

SATURDAY’s GOOD READING AND LISTENING FOR THE WEEKEND

What people in other forums are saying about public policy

Posted in Economy | 2 Comments

TIM BUCKLEY. Energy transition presents high risks and big opportunities for Australia

As one of the three largest fossil fuel-export nations globally, Australia’s economy is exceptionally exposed to the current massive energy disruption occurring in markets around the world. At the same time, massive opportunities exist for Australia to take advantage of … Continue reading

Posted in Economy, Environment and climate | 4 Comments

DAVID SHEARMAN. The Unrelenting Desire to Export more Coal

Australia has become the climate change pariah of developed countries which are trying to deliver a fair share of emissions reduction.

Posted in Economy, Environment and climate, Health | 1 Comment

SATURDAY’s GOOD READING AND LISTENING FOR THE WEEKEND 

What people in other forums are saying about public policy

Posted in Economy | Comments Off on SATURDAY’s GOOD READING AND LISTENING FOR THE WEEKEND 

BARNEY FORAN. Its the economy stupid, but lets make it fit for purpose

Media rants on our summer firestorms blame the lack of fire preparedness or a tardy emissions policy. To nudge Australia out of harm’s way over the next fifty years requires systemic and harmonious change over six big areas: implementing local … Continue reading

Posted in Economy | 2 Comments

IAN McAULEY.  In defence of Bridget McKenzie

In the court of public opinion Bridget McKenzie has become the scapegoat for systemic poor administration.

Posted in Economy | 12 Comments

GEOFF HARCOURT and PETER KRIESLER. Secular economic stagnation around the world

“Secular stagnation” refers to the long-run (or secular) tendency for growth rates to stagnate in advanced capitalist economies – associated with high unemployment and excess capacity.

Posted in Economy | 3 Comments

ABUL RIZVI: Why 5% unemployment today is not the same as 5% unemployment 10-20 years ago

The unemployment rate, and even the underemployment rate, have become an inadequate measure of the true health of our labour market.

Posted in Economy, Refugees, Immigration | 4 Comments

DAVID SHEARMAN. As the Liberals rest on their climate laurels, Labor must bite the coal bullet

As the smoke from our bushfires circles the Earth and other developed countries admonish our indolence on climate change, we are deluding ourselves if we hope for government action on emissions.

Posted in Economy, Environment and climate | 5 Comments

SATURDAY’s GOOD READING AND LISTENING FOR THE WEEKEND

What people in other forums are saying about public policy

Posted in Economy, Politics | Tagged , , , | 1 Comment

DUNCAN GRAHAM.-Indonesian Free Trade – not there yet                        

For much of 2019’s last quarter Australian rural journals and politicians were forecasting a bonanza.But some reality is overdue

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MICHAEL KEATING. Dwelling construction is still falling despite record low interest rates.

Monetary policy has lifted the prices of the most expensive dwellings, but this impact is yet to flow through to the rest of the housing market. This experience reinforces doubts about the effectiveness of monetary policy when inflation and therefore … Continue reading

Posted in Economy, Housing | 1 Comment

MICHAEL WEST.-Who Pays: should ordinary taxpayers foot the bill for bushfires or the fossil fuel giants who pay no tax?

Five of Australia’s top coal companies – Peabody, Yancoal Sumitomo, Citic and Whitehaven – racked up $54 billion in total income over the past five years and paid zero income tax in Australia, according to Tax Office corporate tax data.  … Continue reading

Posted in Economy, Politics | 1 Comment

LAURIE PATTON. My New Year’s wish – more collaborative technology policy development

A report released by communications minister Paul Fletcher has confirmed that so-called ‘Internet piracy’ declined dramatically following the arrival of Netflix and other online streaming services – debunking the need for ‘site-blocking’ laws controversially introduced following a well-funded lobbying effort … Continue reading

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BOB DOUGLAS: Is our current economic model fit for the purpose of human survival?

If we humans are to survive the catastrophic threats that now confront us, we must urgently rethink the way we live and care for our planetary home. In turn, that demands that we examine the role that economic theory and … Continue reading

Posted in Economy | 6 Comments

MICHAEL JANDA.-Ken Henry’s tax review is gathering dust, but its ideas could kick-start Australia’s economy (ABC 23.12.2019)

Ten years ago to this day, Ken Henry handed then-treasurer Wayne Swan a wish list of tax reforms to set Australia up for the 21st century.

Posted in Economy, Politics | 2 Comments

SATURDAY’s GOOD READING AND LISTENING FOR THE WEEKEND 

Below is the last Saturday entry for 2019.  We’ll be back on Saturday 11 January.

Posted in Economy, Politics | 2 Comments

IAN McAULEY. Reclaiming the ideas of economics: Leadership

In dealing with economic problems requiring adaptive change we shouldn’t look to so-called “leaders”. We need leadership.  There is a profound difference.

Posted in Economy | 8 Comments

SATURDAY’s GOOD READING AND LISTENING FOR THE WEEKEND

A regular collection of links to writings and broadcasts in other media

Posted in Economy, Politics | 2 Comments

IAN McAULEY. Reclaiming the ideas of economics: Capitalism

Economics and public policy are influenced by a nineteenth century model of capital, and therefore of capitalism, that is no longer fit for purpose.

Posted in Economy | 5 Comments

ABUL RIZVI: Re-emergence of Dodgy VET Colleges

Since January 2018, the Australian Skills Quality Agency (ASQA) has cancelled the registration of around 450 private VET colleges. This is after years of such cancellations being relatively rare. A spokesperson for ASQA has said this reflects an improved “ability … Continue reading

Posted in Economy, Education, Refugees, Immigration | 3 Comments

MICHAEL KEATING. Economic stagnation continues

Last Wednesday’s release of the national accounts for the September quarter confirmed what we already knew – economic stagnation continues. Most importantly, it is hard to see why the economy will ever improve under present policies. Instead we need a … Continue reading

Posted in Economy | 3 Comments

SATURDAY’s GOOD READING AND LISTENING FOR THE WEEKEND

A regular collection of links to writings and broadcasts in other media

Posted in Economy, Politics | Comments Off on SATURDAY’s GOOD READING AND LISTENING FOR THE WEEKEND

IAN McAULEY. Reclaiming the ideas of economics: Privatisation and prices

The last thirty years have seen a massive sale of government business enterprises, which, on privatisation, have set prices in line with corporate profit-maximisation. Contrary to conventional wisdom, the consequent allocation of resources is probably less efficient than would have … Continue reading

Posted in Economy | 4 Comments

MICHAEL KEATING. Retirement Incomes Review: Part 2

The Government’s independent Review of the retirement incomes system has identified four criteria against which that system should be judged: adequacy, equity, sustainability and cohesion. Yesterday I reviewed the performance of the Australian retirement income system against the criteria of … Continue reading

Posted in Economy, Politics | 1 Comment

IAN McAULEY. Reclaiming the ideas of economics: Socialism

It’s unfortunate that the term “socialism” has become a weapon in the armoury of those who stop government from performing its economically-justified functions.

Posted in Economy | Tagged , , , , , | 1 Comment

NATHAN GARDELS. Data as Labor (WorldPost)

Sometimes an analogy to something old yields an insight into something new. That is the case with the idea of “data as labor,” promoted by Glen Weyl and Matt Prewitt of RadicalxChange.

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