Search Results: Recession
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ECONOMICS
- David James
- 07 September 2019
6 Comments
One of the ironies of the intensifying tariff war between America and China is that that neither of the two giants seems to have a viable economic model. Both countries' systems are based on dodgy financial engineering and printing money, or just inventing new types of money out of thin air.
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AUSTRALIA
While the current economic climate is cause for concern, it is not the time to panic. A more sensible alternative to austerity is for governments, business, unions and charities to look for ways we can together soften the impact of any global downturn. This will require bipartisan agreement to sacrifice some or all of the budget surplus.
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ECONOMICS
- Joe Zabar
- 21 February 2019
5 Comments
Both Labor and the Coalition would be wise to consider revisiting the Howard-era Family Tax Benefits to provide targeted relief to families. Both have taken their share out of the FTB bucket as a way to balance the budget. By doing so, they have left many families worse off. The restoration of some of the cuts to FTB would be a good a start.
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AUSTRALIA
- El Gibbs
- 21 November 2018
10 Comments
Australia’s income support system and employment services have shifted to an ever harsher regime of compliance and penalty, while failing to find work for hundreds of thousands of people.
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INTERNATIONAL
- Antonio Castillo
- 30 October 2018
8 Comments
Bolsonaro's election is the product of Brazil's disenchantment with democracy and hatred against a political system corrupted to its core. It is corruption — a malaise that infiltrates just about every slice of Brazilian society — that has pushed the country to what Vladimir Safatle, a Brazilian philosopher, has described as 'night without end'.
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ECONOMICS
- Binoy Kampmark
- 13 September 2018
2 Comments
It has been a decade since the banking aristocracy Lehman Brothers filed for bankruptcy in what would be the chant of doom that became the Global Financial Crisis. Today, the legacy of Lehman Brothers and the crisis it helped precipitate supply warnings of the next shock.
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AUSTRALIA
- Eliza Berlage
- 02 March 2018
1 Comment
Is it any wonder that when I came to work in the press gallery I was cynical about arts policy? In those lockup hours scouring budget papers it was clear yet again the arts would not see any wins. It wasn't always this way. Prime ministers and arts ministers of yesteryear produced arts policy informed by their personal and political interest.
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ECONOMICS
- Joe Zabar
- 27 February 2018
'Francis' statement is not one merely for theological or academic contemplation. It is in effect Francis' call to establish a new benchmark for our economy, one where exclusion and inequality are no longer a natural and accepted consequence of its operation.' Director of Economic Policy for Catholic Social Services Australia addresses the CSSA annual conference in Melbourne, February 2018.
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ARTS AND CULTURE
- Grant Fraser
- 15 January 2018
7 Comments
On days like this, with blisters of tar already softening on the road, the nuns would curdle in the heat, shifting their stays by habit; sometimes, a bead of sweat would tempt their brows. Cooped in our desks, we steered our wilful pens over acreages of white pages.
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ECONOMICS
- David James
- 12 December 2017
1 Comment
It is not difficult to imagine a scenario where the game of musical chairs in Australia will come to a shuddering end, imperilling the banks and dragging the economy into a deep recession. As we saw in the GFC in America and Europe, government money will be thrown at the banks to rescue them at the expense of ordinary citizens.
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MEDIA
- David James
- 27 October 2017
14 Comments
In literary studies, one of the most important requirements is the need to define one's terms accurately. It has always come as a shock to me that economics is almost completely devoid of such precision. Much of the terminology of the 'discipline' of economics is either nonsense, or thinly disguised tautologies.
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INTERNATIONAL
- Fatima Measham
- 05 February 2016
9 Comments
The Bernie Sanders phenomenon in the US, like Corbyn in the UK and Podemos in Spain, demonstrates the rhetorical potency of renewal; of politics not as usual. It is the sort of thing that resonates with disaffected young people. While it is not entirely sensible to extrapolate developments in the US to Australia, it is worth speculating on the impact of our own changing demographics. Are the major parties equipped to take advantage of these shifts? Are they appealing to a new Australia that is already here?
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