Search Results: economy

There are more than 200 results, only the first 200 are displayed here.

  • AUSTRALIA

    Vulnerable people must be at the heart of welfare reforms

    • Andrew Hamilton
    • 28 September 2016
    8 Comments

    There is much to welcome in the ideals spruiked in Minister Porter's proposed welfare reforms. Who could fail to be delighted if people are helped to support themselves, and the welfare bill is reduced as people no longer need support? The question left hanging is what drives these changes. Is the human welfare of our fellow Australians the goal towards which the budgetary changes are a means? Or are budgetary savings the goal to which the treatment of our fellow Australians will be a means?

    READ MORE
  • ECONOMICS

    Morality is back on the economic agenda

    • Andrew Hamilton
    • 20 September 2016
    4 Comments

    It is a welcome change to see budgets spoken of in moral terms. The government recently insisted on a moral responsibility to future generations to fix the deficit. And the Australian Catholic bishops welcomed on moral grounds the compromise that saw dropped from the budget measures which would further disadvantage vulnerable people. The difference was that the government's argument was focused on the budget, whereas the bishops' focused on particular groups of people.

    READ MORE
  • EDUCATION

    Social justice in an ageing society

    • Peter Hosking
    • 19 September 2016
    3 Comments

    Australia is now planning for an economy that has more elderly people. Death rates are declining and life expectancy is increasing. Our population should reach 36 to 40 million by 2050; the number of Australians aged 65 and over will go from 3.5 million to 9 million. In 1970 we had 29 per cent of the population under 15 and 8 per cent over 65. In 2050 we will have about 17 per cent under 15 and 23 per cent over 65. We need to plan to help the next generation care for the generation above them.

    READ MORE
  • AUSTRALIA

    Hope, not nihilism, is the antidote to bleak times

    • Fatima Measham
    • 15 September 2016
    3 Comments

    In Mexico, a 12-year old boy walked onto the road to stare down an 11,000-strong anti-LGBTQ protest. In Italy, a small town has been revived by the arrival of refugees and migrants. In the US, NFL quarterback Colin Kaepernick has pulled the issue of police brutality into apolitical spaces, using symbolic gestures to draw out the history of racialised oppression. As Democratic vice-presidential nominee Tim Kaine puts it, 'If you want to be right, be a pessimist, if you want to do right, be an optimist.'

    READ MORE
  • RELIGION

    Pope Francis among other disruptive leaders

    • Andrew Hamilton
    • 15 September 2016
    17 Comments

    Is Francis' style of political engagement effective? It has certainly gained him a favourable hearing within church and society. His message and his personality suit the times. Whether it will be lastingly effective will depend on whether he changes attitudes, particularly those of people who will be responsible for governance in church and state. But at the very least he has stressed the ethical and religious urgency of treating refugees, the environment, and the economy with respect.

    READ MORE
  • ECONOMICS

    The bad business of privatisation

    • David James
    • 13 September 2016
    18 Comments

    The argument that putting government operations into private hands ensures that things will run better and society will benefit is not merely a stretch; it is in many respects patently false. The argument is based on the claim that the market always produces superior price signals. Yet one area where private enterprise definitely fails is long term stability. If there is an expectation that a privatised service should last in the long term, and usually there is, then selling it to business is a bad choice.

    READ MORE
  • RELIGION

    Rise of the celebrity pope

    • Andrew Hamilton
    • 08 September 2016
    7 Comments

    Popes are politically significant because they lead a large international church that is present in many nations. The teaching, interests and opinions of popes affect the way bishops and priests act, and so influence Catholic attitudes. More recently, popes have also become celebrities. Their influence on public opinion, in wider society and in the Church, is increasingly personal. As a result the way individual popes understand and express their faith will shape the possibilities for their political influence.

    READ MORE
  • ENVIRONMENT

    SA power play backfires

    • Greg Foyster
    • 26 August 2016
    8 Comments

    On 7 July, South Australia experienced a cold snap. As residents turned on their heaters, the still and cloudy conditions meant wind and solar power couldn't contribute much to meeting electricity demand. The last coal plant had closed a few months before, pushed out of the market by renewable energy. As if on cue, the spot electricity price spiked. Instead of a lesson about the danger of too much wind power, it's about the danger of too much market power in the hands of a few big players.

    READ MORE
  • AUSTRALIA

    Dollars trump humanity in NSW public land purge

    • Catherine Marshall
    • 18 August 2016
    6 Comments

    The Brutalist building - so ugly when I first saw it, now a familiar milestone on the journey into the city - has been condemned to an undignified death; soon it will be demolished, a luxury apartment building erected in its stead. The long-term residents have packed their meagre belongings and gone (though not without a fight). Such is the pattern of progress in New South Wales, under a government that has no compunction in selling public land to the person whose wallet is the fattest.

    READ MORE
  • INTERNATIONAL

    The cost so far of Filipinos' gamble on thug rule

    • Fatima Measham
    • 18 August 2016
    13 Comments

    I fret more than ever for friends and family in the Philippines. If life is so expendable, who can be safe? What if my brother-in-law is mistakenly identified as a drug 'pusher'? What if my dad goes to a cockfight and armed vigilantes do a drive-by? It is disheartening that many Filipinos seem to approve of Duterte's methods. This is the purge many had wanted. They see the current campaign as a necessary, painful transition to better things. They are wrong. Nothing personal, just history.

    READ MORE
  • RELIGION

    Moving beyond idiocy in US election repartee

    • Andrew Hamilton
    • 17 August 2016
    11 Comments

    Years ago someone defined repartee as, 'I say to you, "You're a bloody idiot", and you say back to me, "No, you're the bloody idiot".' It was then intended as a joke. Today it seems an accurate description of much public exchange, which is adversarial, leaves no room for qualification, and condemns anyone who does not endorse right-minded opinion. The most spectacular current instance of this is to be seen in the way in which those attracted to the cause of Trump or Clinton speak of their antagonists.

    READ MORE
  • INTERNATIONAL

    The merits of Trump's economic agenda

    • David James
    • 09 August 2016
    15 Comments

    The main legislative catalyst for the GFC was the repeal, in 1999 by Bill Clinton, of the Glass Steagall Act, which had prohibited commercial banks from engaging in the investment business. This allowed the investment banks to indulge in the debauch of financial invention that almost destroyed the world's monetary system. Trump has made the reinstatement of Glass Steagall official policy. Should that happen, it could be the most beneficial development in the global financial system for decades.

    READ MORE

We've updated our privacy policy.

Click to review